Levelling up: Khan says ‘deprived’ London areas need funding as much as the North February 2, 2022 Sadiq Khan has said London’s poorest boroughs are “some of the most deprived” in the UK and need funding just as much as the North in response to the government’s newly unveiled levelling up white paper. The mayor of London said he welcomed the new policy plan to help left behind areas in the North [...]
London’s future prosperity depends on a sustainable future for TfL June 7, 2021 News of the latest financial support package for Transport for London (TfL) will have been met by sighs of relief across London. At the very least, buses, trains and tubes will continue running for the next few months. But fundamental questions about TfL’s future and how public transport is funded remain unanswered. Should a transport [...]
Chanel names Londoner and Unilever exec Leena Nair as global CEO December 14, 2021 One of the most recognised luxury fashion brands has announced British former consumer goods specialist Leena Nair as its new global CEO. Born in India, a British national and a fashion industry outsider, Nair’s appointment as the boss of the French luxury giant is an unexpected move by the fashion house, known to be a [...]
Fintech innovation will be at the heart of London’s recovery April 19, 2021 Over the last week I’ve been out in the City actively showing my support for businesses reopening after lockdown, including getting a long overdue haircut. Local shops, barbers, pubs and restaurants are of course the backbone of places like the Square Mile. But as we look to kickstart a strong, sustainable recovery post-pandemic, what’s also [...]
British Land splashes £157m on London warehouses amid logistics investment boom February 2, 2022 Real estate investment firm British Land has snapped up three warehouses in Wembley as it looks to tap into soaring demand for logistics hubs across London.
London-based Hiro Capital launches €300m fund to target videogames and metaverse tech February 28, 2022 London-based investment firm Hiro Capital has launched a second €300m fund today to target emerging gaming and metaverse technologies, as it looks to capitalise on a wave of so-called ‘Web3’ innovation.
Investors eye UK supermarkets’ Christmas performance in busy week on London markets January 9, 2022 Investors will be eyeing how the UK’s biggest supermarkets fared over the Christmas trading period in a busy week of corporate announcements on London markets. Traders will be looking for clues in the string of supermarket updates on whether the imposition of plan B measures and soaring Covid-19 cases prompted consumers to divert money that [...]
Covid-19 infection sets in 42 hours after exposure, London study reveals February 2, 2022 A London-based Covid-19 study has found the average time between being exposed to the virus and it being detected is 42 hours – far less than official guidance. The government’s estimated “incubation period” is between five and six days. Deputy chief medical officer for England, Professor Jonathan Van-Tam said: “Challenge studies could still prove to [...]
Life Science announces intention to launch London IPO October 19, 2021 Real estate investment trust Life Science has declared its intention to launch an initial public offering on London’s AIM market. Life Science will launch an IPO by way of a placing, offer for subscription and intermediaries offer, targeting the issue of 300 million ordinary shares of £0.01 each in the capital of the company, at [...]
London Science Museum agrees coal producer sponsorship October 19, 2021 London’s Science Museum has pushed ahead with plans to pursue sponsorships from oil and gas companies. The institution has struck a deal with a subsidiary of Adani Group, which has coal mining operations in India, Indonesia and Australia. The group’s wind and solar energy arm Adani Green Energy will be the title sponsor of the [...]