London needs to have the powers to control its own destiny – and transport November 22, 2021 It is no longer headline news that Transport for London is facing a financial crisis. Last week the mayor of London revealed the network needed £1.7bn over the next 18 months simply to balance its books, and at least £1.3bn every year to make essential upgrades on the Tubes, trains and buses. This summer, Tfl [...]
Mayor of London: Highest number of council homes started since 1970s December 16, 2021 The Mayor of London’s office has said it has “breathed new life into homebuilding” with some 4,689 new council homes started this financial year. Sadiq Khan said it was the highest number of new council homes since the 1970s, under the Mayor’s Building Council Homes for Londoners programme. The number of homes started annually had [...]
Concerns over looming circuit breaker lockdown to weigh on London markets this week December 19, 2021 Concerns over whether the UK is heading for a pre-Christmas circuit breaker lockdown are likely to loom over investors this week. Ministers are reportedly drawing up plans to saddle Britain with tighter restrictions on socialising and household mixing to curb the rapid spread of Omicron. Health secretary Sajid Javid yesterday refused to rule out imposing [...]
Shell holds talks with investors to push through London HQ move November 23, 2021 Royal Dutch Shell is talking with investors yesterday as it looks to relocate its HQ from the Netherlands to UK.
Harrods brings forward Boxing Day sale as central London footfall drops December 16, 2021 Luxury department store Harrods has brought forward its usual Boxing Day sale as footfall in central London continues to drop amid rising Covid cases. The sale will start on Friday and run into next year, although further discounts will be introduced on Boxing Day. Shoppers have shied away from visiting central London shopping destinations over [...]
Khan tours America: Donald Trump’s presidency led to much more racist abuse for me, says Mayor of London May 11, 2022 As Sadiq Khan’s visit to the US matures, the Mayor of London has said Donald Trump’s period as US president led to a significant rise in racial abuse directed at him. Khan, speaking at Stanford University near San Francisco on his US trade mission, said temporary and permanent banning of Mr Trump from Twitter led [...]
Exclusive: Dazn strengthens Saudi Arabia ties with 6 Kings Slam deal September 25, 2024 The deal is a sign of the growing relationship between the London-headquartered sports streaming service and the kingdom.
London-listed mining firm banned from expanding in Peru region November 22, 2021 London-listed mining company Hochschild Mining will no longer be allowed to post more mining operations in southern Ayacucho Peru, after environmental complaints. The company’s response to the move by the Peruvian government saw shares plunge more than 36 per cent to 105.3p per share by mid-afternoon. The Peruvian head of cabinet had indicated that approvals [...]
Demand to buy in London soars thanks to office return September 28, 2021 Demand for homes in London has risen 14 per cent over the last month as Brits rush back to the office. Prospective Londoners appear keener to purchase homes rather than flats, with homes marking an increased demand of 25 per cent compared to a six per cent boost for flats. Average UK house prices have [...]
London Irish hoping Challenge Cup run can keep confidence flowing December 17, 2021 In recent years the Challenge Cup has been more of a burden than an opportunity for Premiership clubs. This season, however, the removal of relegation allows teams like London Irish to commit more fully to a chance of European silverware – even if they might play it down. “Honestly, I don’t think relegation has anything to [...]