Casinos blast new lockdown measures as ‘sickening’ July 31, 2020 Britain’s casinos have slammed the Prime Minister’s decision to U-turn on plans to ease lockdown restrictions tomorrow as “sickening”, warning that business hangs in the balance with venues forced to shut over the critical summer months. In a press conference today, Boris Johnson said plans to reopen venues tomorrow will be pushed back until at [...]
City Hall accused of ‘repeating mistakes’ of Garden Bridge scandal over £22m housing loan March 18, 2019 City Hall has been accused of repeating the mistakes of the Garden Bridge after it agreed to loan nearly £22m towards the development of a controversial housing site in south London. The Greater London Authority (GLA) has agreed to loan American property developer Anthology £21.8m to build homes at Woodlands and Masters house in Lambeth, despite [...]
Investors crave knowledge – but where do they find it? September 4, 2020 A majority of investors want enough knowledge to make their own decisions – or to challenge the decisions made by their financial adviser. But they differ on where they look for this information. An overwhelming 97% of investors want some level of personal finance knowledge, according to the latest issue of Schroders’ Global Investor Study, [...]
Can international tourism ever recover? July 8, 2020 We look at what might reignite demand for overseas travel and whether the downturn could profoundly change some countries’ economies. Travel restrictions are slowly being lifted, but most people are more likely to be jumping into their cars to go on holiday than onto an aircraft. So, can international tourism ever recover? And might the [...]
Tulip skyscraper plans hit fresh problems as City Hall planners claim proposal breaches regulations January 18, 2019 Plans to build the Tulip skyscraper in the City could be nipped in the bud after City Hall officials said the proposals would breach Sadiq Khan’s planning regulations. Developers plan to build the dramatic 305-metre viewing attraction dubbed ‘The Tulip’, which would be built alongside The Gherkin in the heart of London’s financial district. Read [...]
City Hall and BBC under fire over stamp duty agreement for new Olympic Park studios January 29, 2019 City Hall has come under fire for agreeing to underwrite half of the stamp duty that could be levied on the BBC when it opens new studios in the £1.1bn Olympic Park development. Last summer the broadcaster announced it would build a brand new set of studios at the east London site by 2022/23, in concert [...]
TfL chief faces calls to resign for ‘downplaying’ Crossrail pressures April 23, 2019 Transport for London (TfL) chief Mike Brown is facing calls to resign over allegations he downplayed the pressures facing Crossrail as it became clear the project would struggle to open on time. Email extracts cited in the London Assembly’s second report into Crossrail, which is jointly sponsored by TfL and the Department for Transport, show Brown, [...]
Big Tech’s market might in five charts September 21, 2020 The largest US technology stocks – Apple, Microsoft, Amazon, Facebook and Google (Alphabet) – known as the “FAMAGs”, tumbled sharply at the beginning of this month, after supercharging the US stock market from the depths of the Covid-pandemic in March. These “superstar” firms have largely benefitted from the economic fallout of the crisis, as more people [...]
London Assembly launches new probe into scrapped Garden Bridge project November 15, 2018 The Greater London Authority (GLA) is to investigate the scrapped £200m Garden Bridge project that was promoted under former mayor Boris Johnson. The GLA announced at an oversight committee this morning that it had set up a cross-party working group to scrutinise decisions on the Garden Bridge taken by the Garden Bridge Trust and Transport for London (TfL), [...]
Want to level up the UK? Look at disparity within the regions, not just between them January 29, 2020 It is a truth which has rapidly become universally acknowledged (to borrow Jane Austen’s famous phrase) that the government must deliver for its new supporters in the regions. This is a massive challenge. The gap in income per head, for example, between London and other areas of the country is obviously large. But the firm [...]