Father, Son, and My Lord: Vatican faces English High Court over luxury Chelsea property fraud June 26, 2024 The home of the Catholic Church, an expensive London building and an alleged multi-million pound fraud lawsuit heads to the London High Court
Post-Brexit City exodus fails to materialise as London drives recruitment bounce March 29, 2022 The mass exodus of workers from the City to the Continent after Brexit has failed to materialise, blowing gloomy forecasts about London’s place in the global finance community out of the water, reveals a fresh study published today. Finance firms based in the Square Mile have slashed the number of staff they were intending on [...]
Home Secretary’s behaviour faces renewed scrutiny as Priti Patel bullying case reaches London’s High Court November 17, 2021 Senior judges at the High Court will hear today a legal challenge over the Prime Minister’s decision to stand by the Home Secretary following accusations of bullying. The FDA union launched judicial review proceedings in February over Boris Johnson’s decision last year to disregard the findings of his adviser on ministerial standards in order to [...]
Michael Gove calling for UK to seize London homes of Russian oligarchs February 27, 2022 Michael Gove has told cabinet colleagues that the government should seize lavish London properties that are owned by Kremlin-linked oligarchs in the wake of Russia’s invasion of Ukraine. The housing secretary told a cabinet meeting on Thursday that more action was needed to clamp down on Russian dirty money being used to buy property in [...]
Prices in prestigious London areas could dip as Russians rush to sell homes March 28, 2022 Real estate experts have said the impact of sanctions on Russians could lead to a saturated market in some of London’s priciest neighbourhoods. “While the sanctions against Russia only impact a relatively small pocket of the market, the prime market is one that very much operates on quality over quantity,” according to director of Benham [...]
HS2: Never a cheaper time than now to dig Euston tunnel, rail minister told October 3, 2024 Whether HS2 finishes at Euston or at Old Oak Common, in London's outer suburbs, has been shrouded in uncertainty throughout this year.
Shares plunge in London-listed recruiter hit by soaring costs and Afghanistan turmoil March 28, 2022 The RTC Group has been hit by soaring operational costs and higher employment levels, as the recruiter wrestles with a pandemic-era trend of people not wanting to change their jobs. The London-listed company’s revenue fell from £81.4m in 2020 to £77.7m in the year to 31 December, as its CEO explained the removal of Western [...]
Office occupancy is up, as workers return to Central London offices January 27, 2022 Workers have started coming back into central London offices, according to new data from Infogrid, which shows the number of workers back in central London is up 42.7 per cent compared to last week. The figures, collected by Infogrid using sensors it has installed in its customers offices, show that office occupancy jumped 42.7 per [...]
IKEA to inject £1bn into London over the next three years February 24, 2022 IKEA is set to inject £1bn into London over the next three years, as it opens the doors to its first small store in Hammersmith. The Swedish furniture retailer, known for its large warehouse stores, is looking to branch out into city centres with a smaller, more accessible offering. The West London store, a quarter [...]
Camden and Chelsea among London areas to see biggest rent increases February 23, 2022 Average London rents are predicted to grow 14 per cent over the next five years, according to data exclusively shared with CityA.M. Desirable areas including Kensington and Chelsea, City of London, Camden and Hammersmith and Fulham saw the largest rental increases, with prices jumping around a third for each borough. Data from CBRE found that [...]