French politician suggests people-smuggling bosses live in London November 25, 2021 At least 27 people died yesterday after a dinghy capsized while trying to cross the Channel to the UK, according to reports, while two people were rescued. A pregnant woman was among those who died in the tragic incident, according to rescuers. Around five people-smugglers have since been arrested. “In France what do we do? [...]
London business confidence increased in August August 31, 2021 Business confidence in London increased four points during August to 41 per cent, as the city looks to recover from the pandemic. Companies in the city described higher confidence in their own business prospects month-on-month, up 14 points at 43 per cent, according to the latest business barometer from Lloyds Bank Commercial Banking. Businesses’ optimism [...]
Deliveroo to launch three ‘dark kitchens’ in London amid expansion push December 22, 2021 Deliveroo has opened three 'dark kitchens' in London which will house chefs from popular London restaurants as it pursues expansion.
Sadiq Khan’s new congestion charge rules will undermine Transport for London December 21, 2021 Not long ago we were told that Londoners were going to have to pay £20 more in council tax a year for the next three years to bail out Transport for London. London’s transport system simply couldn’t function with the current budget it had, forcing the Mayor to take a seemingly painful decision to increase [...]
Strong jobs market print fails to dampen inflation fears on London markets January 18, 2022 Inflation jitters spreading throughout the City led London markets sharply lower today. The capital’s premier FTSE 100 dipped below the 7,600 mark by closing the day down 0.63 per cent, while the domestically-focused FTSE 250 fell 0.96 per cent to 22,652.71 points. Figures released by the Office for National Statistics (ONS) today revealed the unemployment [...]
City of London launches grant scheme for Omicron-hit Square Mile businesses January 18, 2022 Retailers and hospitality businesses that have been hit by a collapse in footfall due to work from home guidance will be able to apply for a grant from the City of London Corporation, it was confirmed last night. The Corporation, the Square Mile’s governing body, has put in the majority of the money behind the [...]
Almost 100,000 Londoners carry TfL’s disability badge as Priority Seating Week ends tomorrow April 28, 2022 Almost 100,000 Londoners received a disability badge from Transport for London (TfL) over the last five years. The data was revealed by the body during this week’s Priority Seating Week to encourage Londoners to be more mindful of other people and give their seat up if they see someone who needs it more. “It is [...]
FTSE 100 close: Midcap index storms up nearly 3.5 per cent and pound surges after US inflation data November 14, 2023 London's FTSE 100 was flat in early trading on Tuesday as investors mulled fresh jobs data showing higher-than-expected wage growth.
GUILTY: London jury finds tennis legend Boris Becker guilty of hiding shares, loans and property April 8, 2022 Three-time Wimbledon champion Boris Becker has been found guilty at Southwark Crown Court of four charges under the Insolvency Act and acquitted of a further 20 counts relating to his 2017 bankruptcy. The six-time grand slam champion, 54, was accused of hiding millions of pounds worth of assets, including two Wimbledon trophies, to avoid paying [...]
London-based Juro snags $23m in Series B funding round January 17, 2022 Legal tech contract Juro has snagged $23m (£16.8m) in its latest Series B funding round, led by the backers of Alibaba and Cazoo. The London-based contract automation platform, whose existing investors include Wise co-founder Taavet Hinrikus, is set to use the extra capital to scale up the business. The latest investment brings Juro’s total raised [...]