London’s hospitality sector to lose £2.3bn as commuter numbers lag October 25, 2021 The slower return of commuters aboard trains could cost London’s hospitality sector £2.3bn, warned membership body Rail Delivery Group. Data from the group revealed that commuters into London are slower when it comes to getting back to the office, as on 41 per cent of pre-pandemic train commuters have returned, compared with 54 per cent [...]
Insulate Britain restarts sit-downs on London’s roads for beginning of half term October 25, 2021 Insulate Britain are pinned to the roads once again, in time for the start of the week-long half-term today, following a brief hiatus. The controversial environmental group, which seeks to properly insulate the UK’s homes in a bid to reduce CO2 emissions, began their sit-down at rush hour this morning, targeting roads in central London. [...]
Calls for exclusion orders to shield school children from ‘sickening’ anti-vaxxers October 25, 2021 Labour leader Sir Keir Starmer said it is “sickening” that those against Covid vaccinations were demonstrating outside schools across London and the UK. Therefore, exclusion orders should be used to keep anti-vaxxers from protesting outside school gates, Sir Keir Starmer argued. The Association of School and College Leaders (ASCL) revealed earlier this month that most [...]
Budget: International competition to become new priority for City watchdogs October 25, 2021 The Treasury is reportedly going to reveal this week that City regulators must consider competition as much as they do safety and soundness when making key decisions. The move, set to be unveiled in the budget, is expected to be accompanied by a cut in surcharge tax on banks’ profits. The Treasury has been in [...]
Officers deployed to Wandsworth and Merton after armed group roams streets of Putney October 25, 2021 The Metropolitan Police has deployed additional officers to Wandsworth and Merton after several witnesses said a group of armed males was roaming the Putney area. A Section 60 stop and search has been authorised in the area and additional officers are in the local areas to “provide reassurance,” according to a report in the local [...]
London Stock Exchange hit by technical issues, market data not available October 22, 2021 The London Stock Exchange is this morning hit by technical issues. Market data is currently not available on the site. “We are investigating a technical issue on www.londonstockexchange.com. Market data is not displaying as expected,” the company runs in an error message. It stressed that other services across the Group, including London Stock Exchange and [...]
City Moves: Who’s switching jobs in the Square Mile today? October 22, 2021 City A.M.’s Millie Turner provides a roundup of the most important hires and job moves across the City, every morning. Email [email protected] to be featured. Seraphim Space Manager of London-listed Seraphim Space Investment Trust, Seraphim Space has poached Virgin Management’s former Investment Director. Joining the firm immediately, Andre Ronsoehr has been appointed to help build out Seraphim’s space investment portfolio. While at [...]
City’s CO2 emissions slashed by more than 60 per cent in 15 years October 21, 2021 Carbon emissions in Canada have plummeted by more than 60 per cent in the past 15 years, according to the latest data. While emissions in Westminster halved in the period between 2005 and 2019, the Office for National Statistics (ONS) found. It comes as the capital plans to extend its ultra-low emission [...]
Exclusive: Team work, customer service and product quality biggest casualties of the pandemic October 21, 2021 As workers have returned to the office, many companies are looking to break bad habits that have been formed during the Covid-19 pandemic. Working together and team collaboration, or rather the lack of, may be one of those. More than wo fifths of UK employees said their company became a less appealing place to work [...]
As footfall in the City climbs, widespread concerns about productivity take hold October 21, 2021 As footfall in Canada hit 39 per cent of pre-pandemic levels last month, its highest rate since early 2020, new findings reveal widespread concern about productivity as hybrid working models set in post-pandemic. The findings show that over half (51 per cent) of UK business decision makers are worried about productivity in the [...]
