London markets fly out of the blocks as travel stocks surge January 26, 2022 London markets flew higher yesterday driven higher by travel and leisure soaring on booking volumes climbing. The capital’s premier FTSE 100 index closed 1.33 per cent higher at 7,469.78 points, while the domestically-focused FTSE 250 index, which is more aligned to the health of the UK economy, climbed 1.05 per cent to finish at 21,873.08 [...]
Mohamed Al-Fayed scandal: Harrods and Met Police may be hit with legal action September 23, 2024 London's luxury story Harrods and the Metropolitan Police may be hit with legal action following the revelations of allegations against the former billionaire boss
London markets mixed as banks soar on looming rate hikes January 27, 2022 London markets were a mixed bag today despite banks surging on the prospect of the global economy lurching into a period of higher interest rates. The capital’s premier FTSE 100 index closed 1.13 per cent higher at 7,554.31 points, while the domestically-focused FTSE 250, which is more aligned to the health of the UK economy, [...]
City of London Corp to decide whether to let black cabs back to Bank junction April 21, 2022 A motion to allow black cabs to cross through Bank junction 24/7 will be reviewed by the City of London Corporation today. Under the local authority’s current rules, only buses and cyclists are allowed to cross the busy City junction between 7am and 7pm on weekdays. A motion brought forward by alderman Tim Hailes, and [...]
Brompton boss tells Susan Hall to get on her bike and enjoy the Embankment May 1, 2024 The boss of Brompton Bicycles has told Susan Hall to head to the Thames Embankment to see the success of London's cycling scene herself.
Exclusive: Jobs in London’s £30bn green sector to double by 2030 March 23, 2022 The number of green jobs in central London is expected to double by the end of the decade – and double again by 2050 – according to research shared exclusively with City A.M. today. The green sector, which generated around £29bn in 2021, will host 335,000 jobs in the capital by 2030, research by Central [...]
LadBible boosts revenue by 81 per cent following glowing London debut April 21, 2022 Ladbible owner LBG Media affirmed its immense growth yesterday, revealing revenue spiked 81 per cent to £54.5m since floating on the London Stock Exchange. Managing brands like SPORTbible and Tyla, the group reported direct revenue growth of 58 per cent to £22.4m thanks to significant increases in content marketing and direct display sales in the [...]
Sanctions bite London listed Petropavlovsk as shares slide 12 per cent March 25, 2022 London listed Petropavlovsk has said it is unable to sell gold or repay a loan because of Gazprombank's inclusion on the UK’s sanctions list.
London’s rental crash bottoms out as landlords see first signs of recovery September 8, 2021 The decline in London’s residential rent market appears to have bottomed out, with the latest average rent figures suggesting a return to positive territory in the near future. The average London rent was tracking as low as -9.4 per cent year-on-year in January, but that figure has now recovered to just -3.8 per cent. And [...]
Revealed: London businesses the most profitable in the country November 26, 2021 Businesses in London are leading the nation in profitability with margins of 8.1 per cent according to data from accountancy firm BDO.