Has Covid changed the shape of London forever? May 6, 2021 After a rollercoaster year and a half, our economy is preparing to burst back to life. Fuelled by the joint success of the vaccine rollout and our effort in the third lockdown, we are now fighting back against our invisible foe that has, and continues, to wreak havoc around the world. Yet, life as we know [...]
Travel data: Londoners shrug off work from home order with bus and tube usage falling less than expected December 13, 2021 The number of Londoners still travelling into work appears to have fallen less than expected according to new Transport for London data. Today represents the first day that the Government’s re-instituted work from home order comes into force. Bus usage before 10am this morning fell just six per cent week on week, whilst tube usage [...]
FTSE 100 boosted by US inflation print and watering down of banking rules September 12, 2024 London markets received a boost on Thursday morning following a strong performance from US stocks and the Bank of England watering down proposals for new bank capital rules.
Bank of England turns to Nuggets to address CBDC privacy concerns July 7, 2023 London-based Nuggets is working with the Bank of England on an experiment to design a privacy layer for the UK’s CBDC.
London legend Charlie Mullins sells his Pimlico Plumbers empire for nearly £100m September 21, 2021 London’s best-known plumber, Charlie Mullins, is selling the company he founded more than 40 years ago – Pimlico Plumbers – to U.S.-based Neighborly. Fnancial details of the transaction were not disclosed, but Mullins reportedly pockets close to £100m, according to various media reports. Founded in 1979, Mullins started the company by working from home with [...]
Sadiq Khan says ‘London will always lag behind’ rest of UK on vaccines take-up September 19, 2021 Sadiq Khan has said London will “always lag behind” the rest of the UK on vaccines take-up as the capital continues to trail all other English regions. The mayor of London today said London’s older and more transient population made vaccinating the capital more difficult, but defended the rollout as more advanced than in Paris [...]
Elizabeth Line to see new trains as passenger demand continues June 16, 2024 Funding has been confirmed to create 10 new nine-car trains for the Elizabeth Line as Transport for London (TfL) continues to see high passenger demand.
Square Mile and Me: Lord-Lieutenant Ken Olisa on Saturday jobs and City faux pas December 14, 2023 Ken Olisa, Lord Lieutenant of Greater London and chairman of BusinessLDN, takes a stroll down memory lane and reflects on his City career.
TfL savings target upped to £650m amid concerns over ‘managed decline’ December 14, 2023 Transport for London must find £650m in savings by 2025/26, according to its draft business plan and amid calls for a funding arrangement.
City of London’s biggest competition post-Brexit will not be EU, says Raab February 14, 2021 The UK’s financial services industry will face its biggest post-Brexit competition from Asia and the US, according to foreign secretary Dominic Raab. Raab said EU financial capitals may “nick a bit of business here and there from the City”, but that they will not challenge London’s status as Europe’s global financial capital. It comes as Amsterdam [...]