London recovery: West End busier than week before as shoppers get into Christmas spirit November 22, 2021 Central London was busier last week than the previous week, as shoppers got into the festive spirit. Shopping destinations including Oxford Street and Regent Street saw an 8.3 per cent boost to footfall, in the week beginning 14 November. In a further endorsement for the City’s rebound, London’s office hubs were also busier than the [...]
Ministers warned that failing to solve £360m in pandemic rent arrears could lead to ‘mass homelessness’ November 22, 2021 Ministers are being warned this morning that a failure to tackle the £360m in rent arrears accrued during the pandemic could cost the Government over £2.6bn because of the danger of “mass homelessness.” The Big Issue said it costs the Government £9,266 for every person made homeless, whereas the price of preventing homelessness is £2,263. [...]
CBI pushes Tories on levelling up and says regions need cash and clusters November 22, 2021 Business group the CBI today said delivering economic growth across the country will be the determining factor in whether the Government’s levelling up agenda will be a success. Director general Tony Danker said clusters of economic activity will have to be created or built on, in different parts of the UK. Danker will push for [...]
While you were asleep: Two children and two women die in house fire in Bexleyheath November 19, 2021 Two children and two women have died in a house fire in Bexleyheath in south-east London. The London Fire Brigade (LFB) said in a statement six fire engines and around 40 firefighters were called to the blaze on Hamilton Road around 8.30pm on Thursday. Crews in breathing apparatus rescued two women and two children from [...]
Post-COP26 beating: All eyes on mining firms today after investors dump stocks on merciless Monday November 16, 2021 Investors yesterday dumped mining stocks as the future of coal looks bleak during the first day of trading on the London Stock Exchange since the COP26 agreement was signed over the weekend. Several big names saw falls, including Evraz down 16.8p at 603.2p; BHP down 37.4p at 1923.4p; Antofagasta down 28p at 1,460p and Anglo [...]
It’s beginning to look a lot like Christmas: London switches on world’s largest lights November 13, 2021 More than one million LED lights will deck London’s most well-known Christmas hotspots, including Leicester Square, Mayfair and Piccadilly Circus. A total of 20 streets across the city’s West End all had their lights switched on at the same time by the Lord Mayor of Westminster to mark the beginning of the festive season. Shoppers [...]
Credit management veteran reflects on the pandemic: ‘Have you had a good crisis?’ November 11, 2021 Colin Storrar, the CEO of Lowell, one of the UK’s largest credit management companies, returns my question with a question, or rather a series of questions, when asked about his priorities since the first national lockdown was announced. “How have you treated your people this crisis? Have you thought about their work environment? Have you [...]
Islington partners with e-scooter operator to deploy e-bikes November 11, 2021 The Borough of Islington has partnered up with micromobility company TIER to launch 500 e-bikes around the area, with plans to roll out more across the capital in 2022. “We’re working tirelessly to help tackle the climate emergency by making Islington a cleaner, greener, healthier place to live,” said councillor Rowena Champion, Islington Council’s executive [...]
£21.4m mega-penthouse: Asian billionaire buys Oxford Street’s most expensive home November 10, 2021 An Asian billionaire has purchased the most expensive home sold on London’s Oxford Street, buying a mega-penthouse for £21.4m in the TCRW SOHO apartment building. The deal is the biggest single residential property sale by value to be done on London’s Oxford Street during 2021. It is also one of the largest residential sales to [...]
More commuter madness: Tube drivers vote overwhelmingly in favour of strike November 9, 2021 Tube drivers overwhelmingly voted in favour of a strike yesterday, which could see commuters face further disruptions after Transport for London’s (TfL) controversial announcement regarding the Northern Line on Friday. London Underground drivers, part of the ASLEF union, are set to strike to protect working their conditions and pensions. “Tube train drivers will go on [...]
