Extinction Rebellion: Canada to be next climate campaign target August 19, 2021 Environmental activists have said they will begin a fresh campaign next week in the heart of the capital’s financial district. The fortnight-long campaign targets Canada, which Extinction Rebellion activists blame for stoking climate change with fossil fuel investment chains. Extinction Rebellion (XR) has regularly staged demonstrations across the UK – targeting banks [...]
Three people arrested for opening fire into large crowd in Camden August 19, 2021 A man and two teenagers have been arrested by police investigating a shooting at a barbecue. Four people were injured when up to five males “indiscriminately” fired a weapon into a large crowd during the event in Clarence Gardens in Camden, north-west London, on Saturday. Officers arrested a 22-year-old man on suspicion of possession of [...]
First of its kind: Energy giant Wood secures £430m green transition loan August 19, 2021 London-listed energy and engineering giant Wood has secured a £430m government-backed green transition loan – the first of its kind in the fight against climate change. Firms operating in the UK’s “industrial heartlands”, like Aberdeen-headquartered Wood, will be backed by the government in its bid for net zero emissions by 2050, the government said in [...]
Low-traffic zones reduced as Ealing follows other London borough councils in scrapping car bans August 19, 2021 Low-traffic zones, a scheme to reduce traffic in residential areas have been a subject of controversy since they were first implemented in 2020. Harrow has already scrapped the majority of theirs, and now Ealing looks set to follow. The step in Ealing to challenge them follows major backlash against the zones and two local protests. [...]
Royal London insurance moves head office to EightyFen in heart of the City August 19, 2021 Mutual life insurance company Royal London has this morning announced it has taken up 55,000 sq ft of office space at 80 Fenchurch Street for its new headquarters in the City. The largest mutual life insurance company in the UK, with assets under management of £153bn, will enjoy panoramic views across London from the top [...]
City Moves: Who’s switching jobs in the Square Mile this week? August 18, 2021 City A.M.’s Millie Turner provides a roundup of the most important hires and job moves across the City, every Wednesday afternoon. Email [email protected] to be featured. London First completes leadership shuffle Business lobby organisation London First has strengthened its leadership team this week as it channels its focus on the capital’s return to growth, emerging from the pandemic. Former director of corporate [...]
Mayor Khan pushes ahead with controversial Thames tunnel plans August 18, 2021 Mayor Sadiq Khan is pushing ahead with construction plans for the East End’s fourth and most controversial road river crossing. Construction of the £2bn Silvertown tunnel is well-underway and set for completion in 2025. The tolled road tunnel will span between the Royal Docks precinct and Greenwich peninsula, falling within the Ultra Low Emissions Zone [...]
98 per cent of London schools in areas with toxic air quality August 18, 2021 Almost every London school is in an area where air pollution levels exceed World Health Organisation limits, a City Hall analysis suggests. According to the 2016- 2020 report, the average concentration of particulate matter was a third higher at schools in London than in the rest of England. Figures show 98 per cent of schools [...]
Bolt investors TMT post positive half-year results August 18, 2021 TMT Investments has posted strong first half results that sees it recover to a healthy position of profit after a difficult 2020. The data published by the firm shows how the half-year up to 30 June 2020 had been difficult, with the uncertainty of the pandemic greatly impacting investments and investors. However, since then it [...]
Man hunt? No, job hunt: Cressida Dick to be offered contract extension before exiting Met police August 18, 2021 Home secretary Priti Patel is reportedly planning to offer Metropolitan police commissioner, Dame Cressida Dick, a contract extension as commissioner candidates run dry. Dick’s successor will be tasked with overhauling Britain’s biggest police force after a string of controversies. Although no final decisions have yet been made, sources from the Home Office told The Times [...]