Housebuilders drag London markets down as investors flee stocks January 24, 2022 London markets took a beating yesterday driven lower by most sectors tumbling as investors fled stock markets on US Fed rate hike fears. The capital’s premier FTSE 100 index closed 2.63 per cent lower at 7,297.15 points, while the domestically-focused FTSE 250, which is more aligned to the health of the UK economy, lost 3.64 [...]
London Metal Exchange says it has no plans to shut out Russian metals March 22, 2022 The London Metal Exchange said it has no plans to block trading metals from Russian producers despite pressure to clampdown.
TfL pauses works on London bridges’ anti-terror barriers due to financial pressure May 13, 2022 Transport for London (TfL) reportedly paused its plans to instal £35m worth of permanent anti-terror barriers on London bridges because of its financial situation. TfL board papers, which were released ahead of next’s week committee meeting, report that “several planned projects,” won’t go ahead because of “the reduced funding available,” the Evening Standard reported. Called [...]
London fintech Jeeves gets Tencent backing in $180m funding round March 22, 2022 London corporate card fintech Jeeves has won the backing of Chinese tech giant Tencent in a fresh $180m funding round announced today.
Sadiq Khan warns Londoners to brace themselves for more violent crime due to cost of living crisis June 9, 2022 The Mayor of London, Sadiq Khan, warned this morning the cost-of-living crisis could lead to more violent crime. Khan spoke of his fears that progress in tackling violent crime could be jeopardised as figures show that London’s knife and gun crimes plus teenage murders have been reduced. “We must acknowledge that the spiralling cost of [...]
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
SPAC snaps up Ondo to make it first public ‘insurtech’ firm in London March 21, 2022 Ondo has become the first ‘insurtech’ firm to go public in the capital today, as listed acquisition vehicle Spinnaker Acquisitions snaps up the firm and brings it onto the London Stock Exchange.
During Platinum Jubilee weekend London Underground returned to pre-pandemic passenger levels for first time June 8, 2022 Londoners returned to the Underground in record numbers last weekend for the Platinum Jubilee, with passenger numbers exceeding pre-pandemic levels for the first time in more than two years. Figures released by the Department for Transport today show tube-users were up 118 per cent and 108 per cent on 2 and 3 June, representing a [...]
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.
London’s first charter ‘much needed’ as data is increasingly a corporate asset, says specialist September 22, 2021 Yesterday it was announced that London First will be launching the London Data Charter, which sets out the guiding principles for private and public sector data collaborations. The initiative aims to create commitment from signatories to be a part of London’s data ecosystem, by opening and sharing their data to define the collaboration and data-sharing [...]