Oxford Street: Vacancy rates back to pre-Covid levels as Euros and Olympics to give London a tourist boost June 5, 2024 Just two per cent of units across Oxford Street are now either vacant or let to “low quality” retail units, in the latest signal recovery is underway at London’s biggest shopping district.
FTSE 100 today: London markets primed to open higher as rate cut odds strengthen June 5, 2024 Asian markets surged on rate cut expectations, while Australia's Q1 growth slowed. Eyes on global services PMI releases and Computacenter.
Greater Mayoral power would put London in line with the rest of the country June 5, 2024 A June event to which one of our reporters was scheduled to speak – a private dinner of London’s great and good – has been pushed back until September. The election has been given as the reason, but even the organisers acknowledged London is largely absent from the debate apparently gripping the country. The capital [...]
The UK’s services sector has outperformed since Brexit and the City is leading the way June 4, 2024 According to a new report from UK in a Changing Europe (UKICE), UK services trade has been more resilient than almost all other advanced economies.
TGI Fridays owner Hostmore shutters another cocktail bar amid sales slump June 3, 2024 TGI Friday's owner Hostmore said sales fell this year and confirmed the closure of another cocktail bar just three years after its launch.
Pubs with rooms drive up revenues at London and south west pub group June 3, 2024 Pub owner Liberation Group has revealed “record” sales for the year, helped by growing demand for its accommodation services.
Champions League final worth huge £53m boost to London economy May 30, 2024 This weekend’s Champions League final between Real Madrid and Borussia Dortmund will offer London a major boost. London & Partners have calculated a boost to the capital of £53m from the football, with events such as Wimbledon and Test match cricket set to add to the financial offering of sport this summer. Major sporting events [...]
Software Circle snaps up tech firm Be The Brand Experience in £3.5m deal May 30, 2024 Software Circle, a London-listed technology company with a reputation for snapping up smaller firms, has added digital assets manager Be The Brand Experience to its growing list of acquisitions.
Supply of houses reaches highest level in eight years as sellers remain confident ahead of general election May 30, 2024 The amount of homes for sale is at its highest in eight years, according to a new report, but this could lead to house prices remaining flat for the remainder of 2024.
London retains title as tech capital of the world as Oxford and Cambridge close in on New York May 30, 2024 A closely-watched league table has once again named London the tech capital of the world, while Oxford and Cambridge are closing in on New York.