Theresa May could face static property market, says Stirling Ackroyd July 26, 2016 Prime Minister Theresa May could well face a static London property market if history is anything to go by, analysts at Stirling Ackroyd have found. In an analysis of London house price growth under different prime ministers, Stirling Ackroyd found that although Margaret Thatcher and Tony Blair presided over rapid growth, May's reign could be marred by Brexit. The London [...]
The whole UK will suffer if London loses out in the Brexit aftermath July 25, 2016 Just over a month on from the EU referendum and some semblance of order appears to be returning to Whitehall. We have a new Prime Minister and Cabinet. Ministers have started talking about things other than Brexit – such as transport policy and defence. Debt markets look calmer for now. But Brexit is clearly going [...]
The Connaught is the world’s best cocktail bar… and it’s right here in London July 25, 2016 It might only be Monday, but this is the news we've all been waiting for: London is officially home to the world's best cocktail bar. Nestled in the heart of Mayfair, The Connaught was crowned the world's best cocktail destination this weekend at the 10th Annual Spirited Awards in New Orleans. For brooding traveller sorts, it's [...]
Labour’s in a hole and it just keeps digging July 25, 2016 This is the time of year when the City starts to feel a little quieter. Indeed, the desire to find a bit of post-referendum down-time is likely proving irresistible. But spare a thought for one group of people who are already dreading the return to work: Labour MPs. Their party will spend the summer locked [...]
MPs call for “urgent” decision on airport expansion July 24, 2016 A final decision on expanding the UK's airport capacity needs to be made "urgently", a group of MPs have said, with further delay putting the economy at risk. A report from the British Infrastrucutre Group (BIG), a cross-party group led by Grant Shapps, urged Theresa May to make a decision "to show the new leadership's mettle". Read more: Heathrow [...]
It’s International Busking Day: Here’s what’s happening in Trafalgar Square today July 23, 2016 Today is International Busking Day, and the capital is celebrating with a line-up of our favourite musicians, in Trafalgar Square from 12pm to 8pm. Although mayor Sadiq Khan launched it yesterday with the likes of Corinne Bailey Rae, Olly Murs and an awkward photoshoot with British pop rock band The Vamps, today’s line-up includes London’s best-known [...]
The London Metal Exchange is going to Essex for a summer holiday July 22, 2016 The London Metal Exchange (LME) is leaving the Square Mile for a while – and moving its trading base to Essex. The Exchange, which is usually based at 10 Finsbury Square, has been informed by its landlord that a structural issue within the building, which was discovered last weekend, would take longer than originally expected to resolve. [...]
London travel watchdog calls for action on Southern Rail July 22, 2016 London TravelWatch has called for an independent review of the Southern Rail franchise, after the train company slashed the number of services it provides. The independent travel watchdog, which is funded by the London Assembly, said it was greatly concerned "about the continuing poor performance and unreliability that Southern Rail passengers are facing". London TravelWatch [...]
Heathrow boss says Brexit means airport expansion plans need to move forward as company reports revenue grew to £1.3bn in first half of 2016 July 22, 2016 Heathrow boss John Holland-Kaye today said expanding the west London airport will give Britain the post-Brexit boost it needs, as the company reported revenue and profit grew in the six months to 30 June. Revenue was up one per cent to £1.32bn, from £1.31bn in the same period of 2015, while pre-tax profit jumped 8.7 [...]
Fire alert at London Bridge station hits Jubilee line service between Canary Wharf and Waterloo ahead of rush hour commute July 21, 2016 There are severe delays on the Jubilee Line this afternoon due to an earlier fire alert at London Bridge. The line was earlier closed between Canary Wharf and Waterloo. TfL said the Northern Line has not been affected. London Fire Brigade was contacted just after 3pm today to investigate reports of the smell of smoke in [...]