Stanhope and Cheyne buy ‘landmark’ South Bank office development September 17, 2025 Asset manager Stanhope and fund manager Cheyne have bought a ‘landmark’ office development on London’s South Bank with a gross development value of £450m. Construction on the already-demolished Row One site, which totals 250,000sq ft, is expected to start as soon as next year and be completed in 2028. Joe Binns, head of investment at Stanhope, called the acquisition [...]
Luxury gym Third Space sees profit double after membership surge September 16, 2025 Third Space has reported a more than doubling of profits after an expansion in venues helped drive a surge in memberships. The London-based luxury gym club, which operates more than a dozen sites across the capital, posted a 115 per cent rise in pre-tax profit to £11.1m in 2024, accounts published to Companies House show. [...]
Brits risk financial future as they fail to save for retirement September 15, 2025 UK savers are failing to put enough money away to fund retirement, despite growing calls from industry figures for people to get to grips with their pension savings. According to the latest report from Lloyds subsidiary Scottish Widows, nearly a quarter of working age people aren’t currently saving for retirement. Meanwhile, over a third are [...]
Government warned that London housebuilding is on the edge of collapse September 15, 2025 Housing delivery in the capital is in a major crisis and urgent measures must be taken to prevent collapse, according to a new report. Lack of buyer support, as well as excessive bureaucracy and significant planning delays, are “strangling” attempted to deliver desperately-needed new homes, a Home Builders Federation report has found. Neil Jefferson, Chief [...]
Thousands gather in London as police brace for protests September 13, 2025 Thousands of people have gathered in London for a rally organised by activist Tommy Robinson. The “Unite the Kingdom” event takes place in Whitehall on Saturday afternoon but huge crowds have already massed near Waterloo Station with people wearing and waving union flags and the St George cross. Meanwhile, a counter-protest, dubbed March Against Fascism, [...]
Being a landlord in central London is no longer very profitable September 11, 2025 London’s most exclusive boroughs are among the UK’s worst places to invest in 2025 as yields continue to dry up, according to new data. Property in Kensington and Chelsea gives landlords the lowest return in the country, according to Archimedia Accounts, with yields of just 1.77 per cent. Westminster fares little better, with a flat costing [...]
Coco di Mama boss: ‘Extreme’ tube strikes pressuring hospitality at crucial time September 11, 2025 Coco di Mama’s boss has said that the significant tube strikes this week have put pressure on the sector at a difficult time. The strikes, which began on September 7, have caused mass disruption in the City as Londoners attempt to find other ways to get to work or opt to stay at home. “It’s [...]
Central London Alliance comments on tube strikes September 9, 2025 | City Talk Central London Alliance, a Community Interest Company, was founded because of the perceived lack of concern, relative silence and failure to consider the urgency of actions to mitigate the disastrous impact of COVID-19, lockdown and the government’s reaction to these. The original purpose of Central London Alliance (CLA) was to support a sustainable, economic recovery [...]
Custom House hotel redevelopment gets green light September 9, 2025 The restoration and conversion of Custom House has been approved by Canada corporation after sitting empty for four years. The Grade 1-listed building on Lower Thames Street will be turned into a new 179-room hotel, opening up the historic building to the public for the first time. The site will feature a [...]
London fails to reach podium in list of top sport cities September 9, 2025 London has failed to regain a place on the podium for the best sports cities after finding itself fourth for the second consecutive year. European rival Paris secured top spot for the third consecutive year, while US duo Los Angeles and New York made up the top three. London was fourth yet again, having slipped [...]