Prime properties outside London surge at strongest pace in a decade with house prices in Cotswolds leading the pack December 28, 2021 New research shows this morning that prices of prime properties outside London have surged at the strongest pace in a decade during 2021. As house hunters looked for more space and made lifestyle changes, price growth across the prime housing markets outside London averaged 9.3 per cent over 2021, marking the strongest annual growth since [...]
Start-ups are at the heart of our growth story – it’s time our politics reflects this June 13, 2023 From a niche of upstarts trying to make it, start ups have become the epicentre of London's tech ecosystem. This development needs to be firmly represented in our policies, writes Jeff Lynn
Ryanair to create 500 new London jobs in winter expansion August 31, 2021 Ryanair will create more than 500 new jobs across its London airports this winter as the budget airline looks to take advantage of the recovery from the Covid-19 pandemic. The carrier will launch a combined 14 new routes over the season from Stansted, Luton, and Gatwick to a number of European destinations. Chief executive Michael [...]
London ranked as one the most stressful cities in the world to drive August 30, 2021 London has been named as the eighth-most aggravating place to drive, scoring above cities like Bejing or Bangkok. Perhaps unsurprisingly, when in 2020, 18.5bn vehicle miles of traffic were travelled across the 9.2 thousand miles of roads in London. Nine out of ten drivers admit to feeling stressed or angry behind the wheel, according to [...]
Drink up for £6 in London: Price of a pint of beer to jump by 30 pence October 19, 2021 The price of a pint of beer is reportedly set to jump by 30 pence even before any duty increases are announced in the Budget as rising costs are passed on to consumers. More than eight in 10 pubs have raised prices or plan to do so because of rising costs, including those caused by [...]
Brexit passporting: Little appetite among EU finance firms to stay in London as FCA applications disappoint January 1, 2022 It appears that many European financial services firms are not interested in continuing to be authorised in the City, as only half of EU firms that were given a temporary license to operate in the UK – immediately after Brexit – have applied for full authorisation, a Freedom of Information request has revealed. The City [...]
London restaurants warned of meat and seafood shortages this autumn August 5, 2021 Rrestaurants and gastropubs in London and the rest of the UK have been warned of potential shortages of key menu items alongside a spike in inflation this autumn. Buying specialist Lynx Purchasing said hospitality businesses would face “significant and widespread” challenges with higher prices and food shortages for the rest of the year, including supply [...]
Aggressive valuations: London home sellers overprice their properties by 40 per cent October 19, 2021 Home sellers across London are overpricing by as much as 40 per cent when it comes to the price at which they list their homes on the country’s major portals, versus the reality of what buyers will pay, according to new data shared with City A.M. this morning. The figures show that across Britain, the [...]
Eight in ten London businesses plan to hire more staff next year with turnover to increase December 6, 2021 Entrepreneurs in the UK predict strong business growth of 37 per cent for next year, as new research highlights support that could help unlock further growth for early stage businesses. Fifty-eight per cent anticipate an increase in turnover in the next year, with the South West (72 per cent) the most optimistic region, followed by [...]
Explainer: What happened to the runaway horses? June 11, 2024 When five runaway horses tore through London in April, it was reasonable to assume chaos was nigh. But what happened to the horses?