Newriver Reit to more than double its retail portfolio following acquisition July 4, 2024 London-listed Newriver Reit has acquired the retail and town centre investment manager Ellandi in a move which will bring the landlord's assets under management to £2bn.
A cash-based society isn’t just for the old, it’s for the young and foolish too December 12, 2023 Out in the wilderness of central London, armed with a £20 note, I was faced with just how hostile our city has become to the use of cash.
Londoners’ petrol and energy costs up by record 20 per cent in last two weeks alone October 14, 2021 Analysis of Brits’ debit card data shows this morning that September 24 saw the highest amount spent on fuel in a single day since Lloyds Bank records began. The peak fell the day after BP and Tesco closed some filling stations due to problems with fuel delivery. Across the UK, people spent a fifth (20 [...]
Bakerloo Line extension takes one step closer as £8bn plans unveiled February 24, 2024 Amongst the proposals include the extension of the Docklands Light Railway to Thamesmead, and a West London Overground line, as well as a second crossrail linking the south west and north east.
Google Campus closes in the end of an era for London tech startups June 22, 2021 Google has decided not to reopen its London campus for startups, which formed part of the capital’s mini–Silicon Valley, saying it will offer services online. The coronavirus pandemic and working from home has likely swayed the decision to shut the seven-storey East London campus. “This shift demonstrated that, similar to the support we provide in [...]
Exclusive: London workers flood back to the office ahead of freedom day July 15, 2021 Workers in London are already returning to the office in their droves ahead of the lifting of all Covid restrictions on 19 July. Research shared exclusively with City A.M. by Land Sec shows 70 per cent of London office workers are already coming into the office at least one day a week. Read more: So [...]
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 [...]
Tipping point? City grandees say Square Mile could be set for Big Bang 2.0 September 12, 2023 The City of London is at an "inflection point," with nearly two thirds of financial services leaders warning that the City's star will wane without intervention.
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 [...]