Exclusive: What the departure of Lloyd’s of London would mean for the City February 14, 2022 Lloyd’s of London may be leaving its gigantic headquarters in the City. A pandemic-induced hit to office footfall has left it mulling a move to another location. The company told City A.M. recently it is weighing up leaving iconic headquarters’ as it seeks out ways to adapt to shifts in working habits brought about by [...]
St James’s Place set to plummet out of FTSE 100 May 29, 2024 St James's Place is set to fall out of the FTSE 100 after ten years in London's main index.
Easing fears over Chinese economy lift London’s indexes March 16, 2022 Cooling fears over a potential slowdown in the Chinese economy boosted London’s top indexes today. The capital’s premier FTSE 100 index climbed 1.62 per cent to 7,291.68 points, while the domestically-focused FTSE 250 index, which is more aligned with the health of the UK economy, soared over three per cent to reach 20,905.54 points. Renewed [...]
‘Putin go F*** yourself’: Squatters occupy oligarch’s London mansion March 14, 2022 Squatters have occupied a mansion in London believed to be owned by a Russian billionaire who was sanctioned by the UK government last week.
London markets turn to cigarettes and gold as geo-politics panics February 14, 2022 It appears investors in the blue-chip index were resorting to gold and cigarettes today, as London markets grapple with the declining geo-political landscape.
New York’s slice of London in Sadiq Khan £10m tourism campaign May 10, 2022 NEW York was treated to a slice of London yesterday, as a handful of Coldstream guards who ordinarily stand watch at Buckingham Palace took to Times Square for the launch of a £10m campaign to lure American tourists back to the capital. Sadiq Khan was met with an enthusiastic reception from the likes of tourists [...]
Derwent London to buy the Moorfields Eye Hospital December 14, 2021 Derwent London has been selected as the preferred bidder to buy the freehold of the Moorfields Eye Hospital. The Moorfields Eye Hospital NHS Foundation Trust and UCL selected the property investment firm for the acquisition of the freehold of City Road Island and 11-43 Bath Street. Derwent will purchase 2.5 acres and 400,000 sq ft, [...]
China supply fears send London’s top indexes tumbling March 15, 2022 Fears over a possible slowdown in Chinese production caused by Beijing locking down one of the country’s top manufacturing hubs amid an outbreak in Covid-19 cases sent London’s top indexes lower yesterday. The capital’s premier FTSE 100 index dropped 0.25 per cent to 7,175.70 points, while the domestically-focused FTSE 250, which is more aligned with [...]
Time Out calls time on London as printers pulled after fifty years April 12, 2022 Time Out will be halting London printers for good as the group pulls the magazine in the capital after over fifty years.
London lawyers expect boom in legal disputes on the back of Brexit and Covid-19 April 11, 2022 London litigators are readying themselves for a new wave of litigation lawsuits on the back of Brexit and Covid-19. In a survey carried out by the London Solicitors Litigation Association (LSLA), 84 per cent of lawyers polled said they expect a surge in the number of Covid related contractual disputes. Another 70 per cent of [...]