Passenger numbers soar to 1.5m at London Luton Airport October 10, 2018 London Luton Airport has hit a new milestone after experiencing its busiest September ever with more than 1.5m passengers travelling through it last month. It marks the 20th consecutive month that the London-based airport has welcomed more than 1m passengers and represents a 3.9 per cent increase on the same month last year as demand [...]
Police respond to gas explosion outside Liverpool Street pub October 10, 2018 Police and firefighters are responding to a small gas explosion in the City. The blast happened outside the Woodin Shades pub on Bishopsgate. We are currently dealing with a minor gas explosion outside the Woodins Shades pub on #Bishopsgate in the City A small cordon is in place so there is no access to vehicles [...]
Insurer Beazley becomes second tenant in City skyscraper Twentytwo October 10, 2018 The City's tallest skyscraper has landed its second major tenant – specialist insurer Beazley – in a sign of the bumper year for insurance take-up in the Square Mile. Morning Wire can reveal the FTSE 250 insurer is set to take 50,000 square feet (sq ft) over two floors at 22 Bishopsgate when construction is finished [...]
Pregnant woman shot with pellet gun by City cashpoint as muggers try new tactic to distract victims October 9, 2018 An expectant mother was shot with a pellet gun outside a City cashpoint on Monday in what police believe may be a new tactic from muggers trying to grab money from their victims. Five-month pregnant Nikki Morgan was outside Halifax on Fenchurch Street in broad daylight, trying to unlock her pin code when something hit [...]
Cenkos boss steps down after profits vanish October 9, 2018 Stockbroker Cenkos Securities surprised the City this morning after announcing its chief executive is to step down in the wake of tumbling profits. Boss Anthony Hotson will leave his post at the end of the month, putting an end to a 12-month reign which was dampened last month when Cenkos halved its dividends and posted [...]
Cromwell should fall – and so should all government statues October 9, 2018 For those of us whose first exposure was Monty Python’s song about him, it’s difficult to get animated about whether Oliver Cromwell’s statue should continue to adorn the parliamentary estate. But the legacy of the seventeenth century Lord Protector does seem to upset many, not least Brits of Irish descent. The historian Jeremy Crick recently renewed [...]
Forget Brexit, there’s a reason India’s top tech entrepreneurs are flocking to Britain October 9, 2018 | City Talk Trade between Britain and India looks like it is about to take an almighty hit. Both sides are in a state of stalemate over a trade deal, and huge Indian companies are issuing warnings about investing in the UK post-Brexit. But scratch beneath the surface, and trade between the country of my birth and the country [...]
London comes top in overseas investment ranking as Asian demand flourishes October 8, 2018 London has kept its crown as the world’s most popular city for global real estate investment, according to a new report that sheds light on the burgeoning overseas demand for commercial property in the capital. Buoyed by an influx of Asian money, London has now held its position as the top city for cross-border investment [...]
RMT weekend train strikes cause major disruption across the UK October 6, 2018 A 48-hour rail strike on South Western Railway (SWR) by the RMT Union has continued today, alongside a 24-hour walkout by workers on Northern rails. The SWR strike, which began yesterday morning and affects routes out of London Waterloo and Clapham Junction, has led the operator to run only around half of its normal services [...]
Unilever to stay on FTSE 100: How investors reacted October 5, 2018 Unilever’s awkward climbdown over its attempt to move its main listing to the Netherlands is unlikely to be the last, according to one financial expert, as investors reacted to the company’s decision to retain its London headquarters today. Unilever this morning pulled plans to make the Netherlands its sole headquarters and quit its UK offices, after [...]