Tories call for Sadiq Khan to scrap rent control push after policy ‘failed’ in Berlin November 25, 2020 City Hall’s Conservatives are calling for Sadiq Khan to drop his rent control policy, after new analysis this week showed similar measures depleted Berlin’s supply of new flats. The new study showed the supply of rental apartments fell by 41 per cent while demand soared by 172 per cent within a year of Berlin’s rent [...]
London to buck UK trend with uptick in 2020 housing sales completions November 25, 2020 London is expected to buck the national trend to record an uptick in housing sales completions this year, according to the latest research. Completed sales across the UK are expected to fall six per cent compared to last year, an improvement on the original forecast of a 15 per cent drop, as the housing market [...]
Londoners pay ‘astonishing’ 30 per cent of UK’s capital gains tax November 25, 2020 Londoners pay nearly 30 per cent of the UK’s capital gains tax, with taxpayers in Kensington and Chelsea forking out the most, according to a new study. The research published this morning showed that London accounts for 29 per cent of the tax, despite being home to just 13 per cent of the UK’s population. [...]
London black cab advert banned for exaggerating Covid-19 safety claims November 25, 2020 An advert for London black cabs has been banned after the watchdog found it exaggerated the extent to which the taxis can prevent the spread of Covid-19. A radio ad for black cabs, which aired in July, featured a woman’s voice listing the apparent safety benefits of hailing one of the capital’s classic cars. It [...]
Sadiq Khan: ‘Right and sensible’ to put London in Tier 2 after lockdown November 24, 2020 London is set to be placed under Tier 2 restrictions after the national lockdown ends next week, Sadiq Khan has said. The mayor said placing the capital back in Tier 2 would be the “right and sensible decision”, but added the final verdict would be made on Thursday based on the latest Covid-19 figures. Prime [...]
Love rats: London’s rodent population booms as lockdown silences urban areas November 24, 2020 Quietened urban areas as a result of coronavirus restrictions have helped the population of rats boom by 30 million in one year
‘Break’ London banks and give us access to data: fintech firms tell FCA November 24, 2020 A coalition of primarily London startups is calling on UK regulators to end the dominance of banking institutions over the use of consumer data as it would increase competition in the savings, credit, mortgages and pensions markets. The Coalition for a Digital Economy (Coadec), an advocacy group that represent a number of UK fintech firms [...]
Tory mayoral candidate pledges to build 100,000 homes for young Londoners November 22, 2020 Young Londoners will be able to buy new homes for £100,000 in the capital with a deposit of just £5,000 if Tory mayor candidate Shaun Bailey is elected next year. Bailey will announce tomorrow that if victorious in the May poll that he will build 100,000 “Millennial homes” that can only be bought by young [...]
Could anti-vaxxers be barred from offices, pubs and gyms? November 22, 2020 Banning Covid vaccine refusers from offices, restaurants and other venues may lead to expensive discrimination claims, a leading lawyer has warned, even though it is not unlikely that care operators and the NHS may ultimately bar vaccine refusing staff for safety reasons. With the UK moving closer to the rollout of a Coronavirus vaccine, to [...]
BNP Paribas’ UK property chief on the impact of the pandemic November 20, 2020 In his first interview since taking up the role of UK CEO of BNP Paribas Real Estate in July, Etienne Prongué sat down with City PM’s Michiel Willems to discuss the unprecedented beating the City’s property investment space received since the start of the pandemic, with transaction and fundraising levels remaining suppressed. But despite the [...]
