London to be boosted by £1bn mixed use property development in Blackfriars April 30, 2024 A property developer has been given the green light for a £1bn mixed use office and residential redevelopment at 18 Blackfriars in London.
The White House’s Zoom: Neat video platform opens its London office following £472m valuation February 7, 2022 Neat, the immersive video conferencing software backed by Zoom and used by the US President, has opened a new office in London, as it hits a $640m (£473m) valuation and embraces hybrid working in the UK.
Legal & General snaps up Spitalfields offices, with management fund portfolio now worth £3.8bn February 7, 2022 Legal & General’s investment portfolio has swelled to £3.8bn, with five fresh acquisitions across the office, leisure and industrial sectors. The new deals total £150m and cover around 600,000sq ft, including the purchase of 20,821 sq ft of offices at 45 Folgate Street in Spitalfields for £26.8m Through its management fund, L&G has also purchased [...]
IWG revenue hit as Covid concerns drive hesitancy over office return November 2, 2021 Workspace provider IWG has taken a hit to revenue as rising Covid infections deterred some clients from ditching remote working. In its third quarter trading statement, IWG reported group revenue at £550.8m ($752.1m) in the three months ended September 30, down 0.3 per cent from the same period last year. Occupancy at its pre-2020 operations [...]
Office commuters boost TfL’s cycle hire numbers for September October 7, 2021 Workers returning to the office after the UK Government eased restrictions helped Transport for London’s (TfL) bicycle hire scheme jump to more than a million total hires, registering the highest September in the scheme’s 11 year history. Data from TfL showed that more than 40,000 people used the service every day, with an average of [...]
Molten Ventures: European VC success ‘lagging’ the US April 23, 2024 The chief financial officer of venture capital business Molten Ventures has warned of a "bifurcation" in the success of venture capital between the US and Europe.
Next slide please: Professor Van-Tam leaves England’s deputy chief medical officer role January 13, 2022 Professor Sir Jonathan Van-Tam has announced he will be leaving his role as England's deputy chief medical officer.
Persimmon hires new chief finance officer as house builder’s revenue climbs to £3.61bn January 13, 2022 House building firm Persimmon has appointed Jason Windsor as its new Chief Financial Officer as the company aims to be “the leading builder of good value, quality family homes in the UK”.
Bitcoin can now be purchased using The Post Office app September 10, 2021 From next week customers using The Post Office’s EasyID app will be able to buy cryptocurrencies such as bitcoin. The mobile app, which helps users to securely verify their age and identity in order to gain access to online services, can be used to make purchases on Swarm Markets, a decentralised cryptocurrency exchange. With a [...]
Nico Rosberg: Former F1 champion launches £26m venture capital fund April 14, 2024 Rosberg Ventures will target tech-focused venture capital firms, aiming to attract investments from affluent family offices across Europe.