Addison Lee to hire 1,000 new drivers in London amid pandemic recovery in capital October 15, 2021 Private taxi giant Addison Lee is to recruit 1,000 drivers in London amid growing demand for its services as the capital recovers from the virus crisis. The company said it is offering drivers a “market-leading” package, with a guarantee of £5,000 for the first month of employment, a pension and holiday pay. Between August and [...]
The most romantic spots to book for Valentine’s Day February 11, 2024 These London restaurants offer romance and style in spades, coupled with service and food that go the extra mile, making them perfect for Valentine's Day.
Legalise it: e-scooters could help to reduce London car use, says study September 23, 2021 A London think tank is calling on the government to legalise e-scooters in a bid to make transport in the Capital greener. A report by the Centre for London wants e-scooters, which produce 34 per cent less carbon emissions than cars and far less air pollution, to be introduced alongside a raft of new legislation [...]
Lloyd’s Lab Central Fund boosts tech firms Axio and REOR20 February 12, 2024 Lloyd’s of London has named the two companies receiving the first investments from its Central Fund private markets allocation.
London Underground halfway back to pre-pandemic levels as Tube passenger return August 31, 2021 The number of passengers using the London Underground has hit about 50 per cent of pre-pandemic levels on weekdays for the first time since the start of the pandemic. Transport for London said it has seen a steady increase in use on the network over the summer and is preparing for further rises in September [...]
Sadiq Khan and London Assembly to be left ‘homeless’ as Crystal not ready for City Hall move September 22, 2021 Sadiq Khan and the 25-member London Assembly will be left temporarily “homeless”, after it was confirmed the Crystal will not be ready to become the new City Hall when the current lease runs out. Greater London Authority staff were today told they will have their offices moved to Union Street in November when the lease [...]
London law firms launch first global crypto fraud network August 9, 2021 A network for crypto-related fraud has been launched by a group of law firms, including Grant Thornton, in a bid to make the UK a global centre for crypto dispute resolution, amid a rise in scams. The ‘Crypto Fraud and Asset Recovery’ (CFAAR) network has been created with the aim of becoming a “known body [...]
60 per cent of all properties sold in London hit by down valuations August 31, 2021 Nearly 400,000 UK property transactions have been down valued in the last year alone, according to research by London property agent Benham and Reeves, shared with City A.M. this morning. At 59 per cent, London is home to some of the largest levels of down valued homes of all UK areas and it also ranks third [...]
Bridgepoint sets London IPO of up to £2.9bn July 14, 2021 Private equity firm Bridgepoint’s London IPO could value the company at as much as £2.9bn, in the first major UK listing for the industry in decades. The buyout group, which has around €27.4bn of assets under management across equity and debt funds, is looking to raise up to £789m when it lists on the London [...]
Cineworld in talks to axe a quarter of UK sites two years after debt crisis July 16, 2024 Cineworld first ran into trouble in 2022, when a share price collapse in light of a debt crisis led it to de-list from the London Stock Exchange.