Exclusive: Millions of London tenants should brace themselves for rent increase of £1,000+ this year April 27, 2022 Millions of Londoners who currently rent in the capital face an increase in their housing costs of more than £1k this year. As energy bills climb and the cost of living crisis rages, London remains by far the least affordable region of the UK rental market, with the average tenant currently paying £21,140 per year. [...]
Home Office ‘lacks comprehensive plan’ for Afghan evacuees in London hotel February 5, 2022 The Home Office has “a lack of a comprehensive plan” to provide Afghanistan refugees with permanent housing, according to a British evacuee. A man and his family, who were evacuated from Afghanistan after the withdrawal of US and British troops saw the Taliban capture Kabul in August, said he feels “stuck” in his London hotel [...]
Royal London and Phoenix Group review Russian investments as firms scramble to divest March 3, 2022 Royal London and Phoenix are among the latest pensions giants to announce they are reviewing their Russian investments as firms scramble to sever ties with Russia following tightened sanctions this week.
Former Lord Mayor William Russell elected chair of Barbican Centre Board May 3, 2024 Former Lord Mayor of the City of London William Russell has been elected chair of the City of London Corporation’s Barbican Centre Board.
Laytons ETL completes acquisition of City of London real estate specialist Cannings Connolly March 31, 2022 Laytons ETL Global has completed its acquisition of City of London law firm Cannings Connolly, marking Laytons’ first acquisition since it joined ETL Global last year. In a statement Laytons’ managing partner John Abbott said the deal will add “valuable” new strings to its bow, by expanding its commercial real estate and construction offerings. The [...]
The best upcoming art, film and theatre to see in London in 2022 January 7, 2022 Despite Covid uncertainty, London’s cultural scene is set for a jam-packed opening to 2022. We collect our top picks for the first few months of the year. Theatre The Collaboration, Young Vic The last few years have seen blockbuster London retrospectives of both Andy Warhol and Jean-Michel Basquiat. In this new play starring Paul Bettany [...]
Ministry of Justice to move 2,000 jobs out of London by 2030 February 2, 2022 The Ministry of Justice (MoJ) is set to move 2,000 jobs out of London by 2030, by setting up seven new regional offices. The plan to open seven new offices in Leeds, Liverpool, Nottingham, South Tyneside, Cardiff, Ipswich and Brighton, comes as part of government plans to “level up” the country and tackle regional inequality. [...]
Investment in London office space returns to pre-pandemic levels January 5, 2022 Investment into London offices has returned to pre-pandemic levels, new research has revealed, after the pandemic nearly killed off the traditional workplace. Investors pumped £11.3bn into office transactions last year, preliminary data from property agent CBRE found, matching 2019’s figure. The cash injection was nearly 50 per cent higher than the £7.6bn recorded in 2020, [...]
Watch: London’s Royal Albert Hall reopens at full capacity July 20, 2021 Prestigious London performance and events venue the Royal Albert Hall has reopened at full capacity for the first time since March 2020, but said the pandemic has been financially devastating. Watch the full report.
Berkeley upgrades guidance on strong demand for London housing December 8, 2021 Housebuilder Berkeley Group this morning upgraded its earnings guidance for the current financial year by 5 per cent, after a “resilient sales market” coupled with its investment in new regeneration development projects across London helped it deliver profit ahead of estimates. Earnings guidance was raised for pre-tax profits to increase by 5 per cent a year [...]