Housebuilder shares boosted by fresh cladding estimate March 14, 2022 Housebuilders saw their share prices lifted on Monday after optimism that the bill foisted on developers for cladding remediations would be much lower than initially forecast. It had been thought that property firms would have to pay £4bn to rectify unsafe cladding on 11-18metre tower blocks. However, the potential bill was estimated to be closer [...]
Google feels lucky in London: Tech giant bets big on London office space in major boost for capital’s global status January 14, 2022 Google is set to pump almost three quarters of a billion into London in a major vote of confidence in the capital’s post-Brexit future. The tech giant has snapped up the entirety of the Central Saint Giles development in which it currently leases office space, marking a major step change in the firm’s commitment to [...]
Pi Labs unveils $90m fund to target ‘proptech’ startups March 8, 2022 London-based venture capital firm Pi Labs has unveiled a new $90m fund today as it looks to supercharge its investment into real estate tech startups.
Year of the Dragon: Top fine-dining Chinese restaurants in London February 12, 2024 From Peking duck carved tableside to steaming hot pot, these Chinese restaurants are the perfect places to cheer in the year of the dragon
Design thinking – are we getting it right? November 1, 2022 Design thinking is a fragile and elusive process – the more you try to tie it down with procedure, the more you take the magic away. Imagine defining a step-by-step formula for making friends – “start by talking about the weather…” and so on – this is plainly absurd. An overly prescriptive approach will destroy [...]
Floating offshore wind could offer £26bn boost to green economy March 27, 2023 Floating offshore wind gives the UK a chance to make the most of the green energy transition, argued industry body Renewable UK.
The best places in London for a spooky Halloween cocktail October 27, 2021 While many of the good readers of City A.M. may baulk at the thought of a rowdy Halloween party – especially one at which you may have to wear a costume – this year there are some genuinely exciting events for the more discerning pleasure-seeker. Whether you’re in the market for excellent food with a [...]
Shard Times at the Shangri-La October 22, 2019 The Shangri-La hotel at the top of the Shard has revealed it booked a £56.2m pre-tax loss last year, driven by an impairment charge from writing down the value of its assets following years of weak results. Occupying floors 34 to 52 of the Shard, it is the tallest hotel in western Europe and swung [...]
Restaurants with DJs and live music to book for New Year’s Eve in London December 21, 2022 It may still be days until Christmas, but that doesn’t mean you haven’t already left it extremely late to make your New Year’s Eve plans. If you feel a little old for clubbing, we have the perfect solution: go to a restaurant. This selection of dining venues all have special menus and live entertainment to [...]
Battle of the City skyscrapers heats up as shiny new 22 Bishopsgate lures law firm McDermott away from Heron Tower January 20, 2022 City law firm McDemott Will & Emery is moving out of the Salesforce Tower, commonly known by its former name as the Heron Tower, to move to the 46th floor of the brand new 22 Bishopsgate skyscraper. The Salesforce Tower, minutes from Liverpool Street, housed the Chicago-based law firm for more than a decade. However, [...]