London set to be home of new transatlantic carrier Global as soon as next year May 23, 2023 A team of successful investors are preparing the launch of a new transatlantic airline based out of London, City A.M. has learned, with one Airbus jumbo jet already purchased. The investors behind Holiday Swap, the travel platform valued at more than £300m, and the firm’s founder James Asquith are thought to have as many as [...]
Value of London homes sinks as red hot mortgage rates continue to rattle market July 6, 2023 Some 68 per cent of west London homeowners have seen the value of their property decrease since last November, new data shows, as soaring mortgage rates and a difficult buyer market rattle the capital’s housing sector. As buyer confidence falls due to red hot mortgage rates 7,000 homes across west central London decreased in value [...]
London’s wealthy put homes up for renting as mortgage rate rises bite June 28, 2023 London’s wealthy are placing their homes up for rent as they struggle to reach their ideal asking price on pads across upmarket boroughs such as Chelsea and Mayfair. Following the Bank of England’s decision to hike interest rates by 0.5 per cent, figures from estate agent Knight Frank show affluent sellers in some of London’s [...]
NFL UK home teams confirmed for 2023 London games January 19, 2023 The NFL have confirmed the home teams for their 2023 schedule, including the three games to be held in London. The Buffalo Bills and the Tennessee Titans will host matches at the Tottenham Hotspur Stadium – the only purpose-built NFL stadium outside of the USA. It’s a timely return for the two sides with the [...]
London-listed fintech says New York will become its ‘natural home’ after US share sale January 21, 2024 The boss of a top London-listed fintech has said New York is likely to be the "natural home" for the firm going forward, in a blow to London as it works to bolster its capital markets.
London-based at-home cancer tester teams up with digital GP to speed up diagnoses August 17, 2023 A London-based provider of diagnostic tests which allows Brits to screen for cancer at home has teamed up with a digital GP to provide faster treatment. Newfoundland, which specialises in at-home diagnostic tests, has partnered with Doctorcall, which offers tele-medicine as well as at-home GP appointments, to launch the service in London. The partnership comes [...]
Sadiq Khan slams private landlords profiteering from shoddy London homes April 18, 2023 The Mayor of London has slammed thousands of private landlords who are pocketing the rent and housing benefits from tenants living in housing riddled with mould and damp, branding it “a scandal”. The reaction came in response to New City Hall analysis which shows that across the country, landlords are collecting £9bn a year in [...]
Atom Bank boss backs London as home for much-anticipated IPO February 15, 2023 The chief of digital lender Atom Bank has publicly thrown his weight behind London as its home for an eventual initial public offering, in a boon to the City as it looks to tempt in more tech listings.
London’s mega wealthy turn to renting amid high interest rates November 24, 2023 London’s ultra wealthy are opting to rent instead of snapping up homes as high interest rates and a tough buyer market have dampened interest.
London renters forking out ‘unseasonable’ £570 a week as supply of homes dwindles March 22, 2023 London rent prices have shown no sign of cooling in February, with renters in the capital now forking out up to £570 per week on affordable accommodation costs. According to figures by letting agent Foxtons, a limited pool of supply and challenging economic outlook has forced rent prices up five per cent in the capital [...]