Tube journey jumps to £2.50: Sadiq Khan hikes London transport fares by five per cent February 14, 2022 The Mayor of London has announced a price hike for rail and bus services in the capital as part of efforts to save struggling TfL services.
Prosecution backlog: London criminal trials redistributed to other areas September 24, 2021 London criminal trials have reportedly been redistributed to other areas of the country in a bid to ease a mounting backlog as a result of the pandemic. Cases risk being delayed by months unless they are transferred, as the capital’s crown court backlog has hit 60,000 cases so far this year, according to data from [...]
Vincent Keaveny sworn in as City of London’s 639rd Lord Mayor November 13, 2021 Vincent Keaveny has been sworn in as the 693rd Lord Mayor of the City of London, serving as the elected head of the City of London Corporation and a global ambassador for the UK-based financial and professional services industry until November 2022. Keaveny, 56, and his wife Amanda have taken up residence in the Mansion [...]
London Irish’s home comforts aren’t enough. They need a win October 20, 2021 Exiled from the capital for over two decades but now finding their feet back in the Big Smoke, there is a charm to the London Irish story. Moving home is never easy, but in the Brentford Community Stadium they have a more permanent base. Now they need to show they can make it work on [...]
Ukraine fears building: Markets hold their breath after Monday wiped off £43bn of London shares February 15, 2022 Billions were wiped off the stock exchange in London yesterday after global markets were thrown into turmoil in the second Monday collapse in less than a month. Nearly £58bn had been removed from the value of London’s top 350 companies just a couple of hours after markets opened on Monday. However, the companies clawed back [...]
Derwent London announce acquisition of Bush House August 2, 2021 Derwent London, the property giant, has announced the acquisition of the South West Wing of Bush House for £13.5m. The company already owns the freehold for the office that faces the Strand. Derwent will be purchasing the building with a vacant possession, meaning any current occupant will move out. It is a further investment in [...]
House sellers in London less willing to drop asking prices September 23, 2021 House sellers in the capital are feeling increasingly confident as the number of sellers willing to drop their asking prices fell last month. There was a 51 per cent decrease in the number of home-sellers being prepared to drop their asking prices in August, compared to July. Estate agency Chestertons said a return of seller [...]
London Stock Exchange raises nearly £17bn in highest IPO funding since 2007 December 29, 2021 London Stock Exchange (LSE) companies have raised the most IPO funding in one year than in the last 14 years. Combined the 122 companies listed on the LSE raised over £16.8bn in 2021 – beating competition from the top exchange in Europe and raising the most equity outside of the US and China. The LSE’s [...]
Watch as police search London house linked to David Amess’ stabbing October 18, 2021 Police search house linked to UK London police were seen searching an address said to be linked to Ali Harbi Ali on Sunday, who was arrested following the killing of lawmaker David Amess. Watch the full report.
London tie-up: Liontrust acquires Majedie Asset Management for up to £120m December 7, 2021 Liontrust Asset Management said this morning that it has agreed to acquire its London peer Majedie Asset Management, in the latest example of a trend of consolidation in the industry. FTSE 250 boutique firm Liontrust said it will pay an initial £80m for Majedie, plus an additional deferred consideration of up to £40m. Due for [...]