London lags behind country on house price growth December 1, 2021 London is still playing catch up to the rest of the country on house price growth, Rightmove data revealed today. The national average price of property is set to rise 5 per cent next year, thanks to the ongoing trends of fierce buyer demand and low stock levels. However, the London market will grow at [...]
London rents exceed pre-pandemic levels with average weekly rent £751 February 23, 2022 Rents in the capital have soared as Covid restrictions have eased, with the average weekly rent now standing at £751. Data from estate agency Chestertons has found that the average rent has soared 21 per cent since 2020 when the average cost for renters was £589. Demand has increased thanks to renters returning to the [...]
Bloomberg’s bobbies: Firm pays City Police £100,000 for added patrols around Arcade HQ May 8, 2024 Bloomberg pays roughly £100,000 a year to the City of London Police to patrol its iconic London headquarters, City A.M. has learned.
London pips European rivals to smart city crown November 30, 2021 London has muscled out its continental rivals to take the top spot in Europe as the most technologically advanced city, according to research shared with City A.M. today. The capital’s world-leading innovation, vibrant cultural scene and high-performing universities cemented it as one of the top performers on Z/Yen’s Smart Cities Index. London was the top [...]
Wishing upon a (Euro)star: London-Disneyland Paris services resume from Friday March 22, 2022 Eurostar announced today that services between London St Pancras and Disneyland Parils will resume from Friday following a two-year stop because of the pandemic. The train, which will take 2 hours and 49 minutes, will initially run four days a week, ramping up to five days during summer and other school holidays. “We are excited [...]
Lloyd’s of London chairman to helm TheCityUK’s leadership council February 24, 2022 TheCityUK has appointed the chairman of Lloyd’s of London to the helm of its leadership council. Bruce Carnegie-Brown, an insurance broker and also vice chairman of Banco Santander, will head the forum that hauls in financial and professional services figureheads to develop the organisation’s strategy in the City. Succeeding Sir Adrian Montague, who will step [...]
London becomes fourth most expensive city in the world: Rent, petrol and cooking oil drive cost of living June 9, 2022 A perfect storm of rising inflation, the war in Ukraine and soaring house prices and rent, have turned London in to a pressure cooker of expense, making it the fourth most costly place to live in the world. London move up one place according to new research about cost of living for expatriates around the [...]
Britain’s top gastropubs: Which London bars won big? January 27, 2022 Suffolk’s Unruly Pig has been voted the UK’s best gastropub. The ‘Britalian’ pub-restaurant in Bromeswell is one of five East Anglian pubs in the annual Estrella Damm Top 50 Gastropubs List for 2022, with 18 in London and the South East being recognised. “This list is the gold standard. It’s the business. To be a [...]
Ukraine: Starmer calls for UK to block Russian access to City of London January 25, 2022 The UK must block Russia from the City of London’s web of financial services firms if it invades Ukraine, Sir Keir Starmer has said. The Labour leader said Boris Johnson must make “tough decisions” when drawing up potential sanctions against the Kremlin, including “cutting Russian access to the international financial system” and stopping the “illicit [...]
LadBible heads for £360m London float December 1, 2021 The millenial and Gen Z digital publisher Ladbible is targeting a valuation of £360m in one of the London stock market’s biggest media industry flotations, according to reports this morning. It is understood that co-founder Solly Solomou is to sell a chunk of his stake, which will be valued at around £200m if an initial [...]