Dramatic clip shows moment renters are ‘attacked’ at London estate agent over ‘illegal eviction’ April 21, 2022 Dramatic footage has emerged online of showing the moment tenants were confronted at a London estate agents in a row over evictions. Seven people visited the offices of Eaton Green in Camberwell, protesting about alleged illegal eviction, before someone exited its office and started “attacking” the activists. In a clip shared on Twitter by @SarahWarsama, [...]
London markets brace for another week of Omicron volatility December 5, 2021 London markets are set for another whipsawing week driven by investors responding sharply to any news on the Omicron variant. The capital’s premier FTSE 100 index was extremely volatile last week, fluctuating between good and bad days. The blue-chip index ultimately finished the week higher, but failed to cancel out all of the losses registered [...]
London Cancer Hub opens new collaboration space for life-science firms February 24, 2022 The London Cancer Hub in Sutton has opened a new incubator and collaboration space for life-science companies who work on cancer-related projects, CityA.M. was exclusively told. The Innovation Gateway will provide laboratory, office and collaboration facilities at the south London hub. The space hopes to become a global leader for cancer research, treatment and commercial [...]
London-listed Russian stocks plummet after Putin launches invasion of Ukraine February 24, 2022 Shares in major London-listed Russian firms plunged this morning after Vladimir Putin launched a full-scale invasion of Ukraine and Boris Johnson threatened to “hobble” Russia with sanctions in retaliation.
London boots out European rivals to claim Continent’s top finance hub crown March 24, 2022 London has muscled out its rivals on the Continent to take the top spot as Europe’s best finance hub, reveals a closely watched survey shared exclusively with City A.M. today. The City beat the likes of Paris, Frankfurt and Amsterdam to Europe’s crown, according to Z/Yen Group’s thirty first global financial centres index (GFCI). Pesimisits [...]
Lloyds of London says Ukraine crisis will be ‘major claim’ in 2022 after returning to profitability March 24, 2022 Lloyds of London has warned the ongoing conflict in Ukraine will be a “major claim” this year, after posting a return to profitability on the back its best results in six years. The London insurer said it had returned to profitability after posting overall profits of £2.3bn for the full year 2021, compared to a [...]
Barnet shaken by brutal murder as three Londoners are arrested after 30-year old man dies May 16, 2022 The Metropolitan Police confirmed this morning that three people have been arrested on suspicion of murder following the fatal stabbing of a 30-year-old man in north London. Two men – aged 33 and 25 – and a woman – aged 24 – were arrested on Saturday. The men remain in custody while the woman has [...]
Mayor of London Sadiq Khan issues high air pollution alert for today and tomorrow March 23, 2022 The Mayor of London has triggered a ‘high’ air pollution alert for today and tomorrow as London experiences imported pollution from the continent alongside a build-up of local emissions, Sadiq Khan’s office said in a statement. This is the first ‘high’ pollution alert that the Mayor has issued since August 2020. ”Toxic air is extremely dangerous [...]
The housing crisis will wage on if we don’t fix TfL’s funding problem January 22, 2024 Stop-gap funding for TfL is not only worsening London's transport system, but also its housing, writes Muniya Barua.
£5bn investment turnover for central London office market since start of 2022 March 23, 2022 Central London’s office market has marked £5bn investment turnover since the start of the year, as confidence in the category returns. Property advisors Knight Frank have revealed a 300 per cent increase in comparison to the first quarter of 2021 when there were transactions worth £1.2bn. There are £5.8bn worth of central London office deals [...]