Revealed: The London boroughs where houses sell fastest March 31, 2021 The areas of the capital where property sells the fastest have been revealed, with outer London boroughs dominating the list. Waltham Forest was the neighborhood where sellers can hope to offload their properties the quickest, with two-bed terrace houses the fastest to be taken off the market in just 35 days. Barking and Dagenham, Bexley [...]
Ex-Greene King boss buys 42 pubs including London venues from Stonegate March 30, 2021 Redcat Pub Company, the firm led by former Greene King boss Rooney Anand, has bought 42 venues from Stonegate. The company announced today that 50 per cent of the managed pubs are in prime London areas, in a vote of confidence in the capital’s recovery from the coronavirus pandemic. It said the estate consists of [...]
Student property developer Unite Group sells eight buildings for £133m March 30, 2021 Student accommodation developer Unite Group has sold eight buildings for £133m, it announced this afternoon. It has sold the blocks with 2,284 student beds in Coventry, Wolverhampton, Birmingham, Exeter and Manchester to Aventicum Real Estate. The deal is part of Unite’s disposal programme to cash in assets worth £200m to £300m. Unite has completed the [...]
Unilever’s new London HQ set to get green light from planning officials March 30, 2021 Unilever’s new London office is set to get the green light from planning officials this week, according to reports. The consumer goods giant’s new headquarters in Kingston, South West London, as first reported by City A.M. will be given the go-ahead by the local authority, after the council recommended its approval. The first phase of [...]
Central London pubs and restaurants prepare to welcome back punters with new al fresco options March 29, 2021 Pubs and restaurants are gearing up to welcome workers and visitors back to Central London next month, with preparations underway to create more outdoor seating areas. The City of London’s Leadenhall Market today revealed plans for some of its tenants to reopen from 12 April, with others following in May. Meanwhile, in the West End, [...]
City of London Corporation unveils plans to pedestrianize areas around Bank Station March 29, 2021 The City of London Corporation has today unveiled proposals to pedestrianize areas around Bank Tube Station to make the busy junction safer for walkers and cyclists. Under the plans revealed this afternoon, Threadneedle Street could be closed for motor vehicles between Bank Junction and Bartholomew Lane in both directions to create a walking and cycling [...]
Retail footfall jumps ahead of lockdown easing as Brits prepare to socialise March 29, 2021 Retail footfall jumped last week as shoppers prepared to meet friends and family outdoors ahead of the lifting of some lockdown restrictions today. The number of visitors to UK retail destinations was up 6.6 per cent last week compared to the week before, as Brits looked forward to the relaxation of Covid rules, which allows [...]
Domino’s sells Icelandic business for £14m to focus on UK and Ireland March 29, 2021 Domino’s has agreed the sale of its Iceland business in a deal worth £14m as the pizza chain continues to exit its directly-operated overseas operations to focus on its core UK and Ireland business. The fast food firm today announced it has sold the Icelandic division to a consortium of investors including Eyja Fjarfestingafelag, Kristinn [...]
Shop ’til you drop: High street stores to stay open until 10pm after lockdown March 26, 2021 High street stores will be allowed to stay open until 10pm when they reopen next month. Non-essential retailers should be given the opportunity to extend opening hours to trade between 7am and 10pm every day except for Sunday, the government has said. The extension is intended to help reduce footfall, ease transport pressures and make [...]
Asda loses first stage of landmark equal pay case at Supreme Court March 26, 2021 Asda has lost the first stage of its appeal in a landmark equal pay case that could cost the supermarket giant millions of pounds. The Supreme Court this morning upheld the findings of a 2016 employment tribunal and a Court of Appeal case in 2019, which ruled that roles of Asda store workers can be [...]