London notches best year for floats since 2007 January 11, 2022 A wave of listings flooded London markets last year as private firms pushed to capitalise on strong investor demand, reveals new figures published today. Some 121 businesses floated in the City in 2021, the highest volume since 2007, according to research carried out by consultancy EY. Newly listed firms raised over £16bn in the capital [...]
Developers warned: House-building in three West London boroughs stalled until 2030 over lack of power July 29, 2022 Developers in three West London boroughs have been warned they may not have electricity capacity for new homes until 2030. The Greater London Assembly (GLA) wrote to developers in Hillingdon, Ealing and Hounslow this week, airing concerns about “availability of electricity capacity” which could stall new homes. It said power companies were warning developers “electricity [...]
There is a light at the end of the London underground if we fight for its funding February 8, 2022 Last week, Transport for London was given another short extension on its emergency funding deal. This is hardly anything except another sticking plaster solution, stretched out a little longer, rather than a long-term programme to invest in London’s transport system. This came the same week that TfL issued a budget update setting out a potentially [...]
Dustin Johnson brings star quality as LIV Golf Invitational Series prepares for London debut June 5, 2022 Four months ago Rory McIlroy declared plans for a new Saudi-funded golf circuit to be “dead in the water” but, just days away from the first LIV Golf Invitational, that appears to be far from the case. Contrary to McIlroy’s forecast, the opening leg in a series of eight big-money tournaments which feature both individual [...]
London markets dip as investors pour out of housebuilders January 10, 2022 London markets dipped today driven by investors pouring out of housebuilders after the UK government signalled it will clamp down on them shunning fixing Britain’s cladding crisis. The capital’s premier FTSE 100 index closed 0.53 per cent lower at 7,445.25 points, while the mid-cap FTSE 250 index, which is more aligned to the health of [...]
London suburb of Harrow emerges as unexpected hotspot for tax avoidance February 7, 2022 The London suburb of Harrow has been revealed as the unexpected centre of tax avoidance in the UK with 346 taxpayers coming forward to admit tax avoidance last year, placing it first out of 120 areas of the UK. In fact, The number of people admitting to tax avoidance in Harrow has jumped 280 per [...]
London has world’s highest number of crypto businesses, and is in top 10 for job opportunities May 4, 2022 LONDON has been hailed as one of the world’s top cities for cryptocurrency jobs - and the world's leader for crypto and blockchain businesses.
Money transfer fintech launches in London to take on Wise and PayPal March 9, 2022 A new money transfer fintech firm is looking to snap up market share from Wise and PayPal as it launches in London today with a fresh $4.5m round of funding.
London snub: Branson heads for Amsterdam SPAC listing January 7, 2022 The Virgin Group has drawn up plans to list a new special purpose acquisition company (SPAC) in Amsterdam in the coming months, insiders report.
US diplomats rack up £14m congestion charge bill May 20, 2024 There remains a "stubborn minority" of foreign diplomats who are refusing to pay London's congestion charge, TfL has said.