Spain’s ‘Airbnb for long-term rentals’ taps King’s Cross as its new global headquarters November 26, 2018 Spanish property tech startup Spotahome has picked out London’s King’s Cross as its new global headquarters, thanks to the UK’s reputation as a great source of highly-skilled digital talent. Spotahome’s chief executive Alejandro Artacho told City PM that he believes the capital to be the best place to channel growth and take the business global. [...]
Developer secures £125m loan for student digs in the City November 26, 2018 University pads might be more typically associated with sprawling campuses than Canada’s cramped financial district, but developers today secured a multi-million pound loan for a landmark student accommodation scheme within the Square Mile. In a fresh sign of the booming investor appetite for London’s student property assets, developer and student accommodation operator [...]
Your commute to work can help change the world as the UK strives to meet the UN’s ambitious goals November 26, 2018 Are you cutting back on your use of plastic bags? Do you opt for the bus or train, or walk when going on a journey rather than taking your car? Have you ever spoken out when you’ve seen a glaring example of gender inequality? If so, then you’re already contributing to an ambitious global plan [...]
To lead the digital revolution, London must ensure that no one is left behind November 26, 2018 This week, I will be meeting leading businesses, charities, educators, innovators and investors at a Digital Skills Summit at the Mansion House to look at how emerging technologies are transforming the way we live, work, and communicate with each other. Building on my mayoral programme – Shaping Tomorrow’s City Today – the summit will consider [...]
Creative sector drives growth in October office space take-up as pre-let activity jumps November 25, 2018 Take-up of Central London office space surged last month, with demand from the UK’s creative sector helping to drive growth in the capital’s commercial property market. Roughly 1.3m square feet (sq ft) of office space was let in October, marking a 30 per cent rise on the same month last year, according to new data [...]
Climate change activists Extinction Rebellion begin fourth day of protest with demonstration in Parliament Square November 24, 2018 Climate change protest group Extinction Rebellion has launched a fourth day of action in London today by staging a demonstration in Parliament Square. The group, which brought the capital to a halt last Saturday, is protesting what it describes as a lack of action by the government on global warming. “We refuse to bequeath a [...]
Railway union RMT goes ahead with South Western Railway strike today, affecting Waterloo services November 24, 2018 Drivers on South Western Railway services are on strike today, affecting trains arriving at and departing from London Waterloo. A reduced service will run across most of the network, although there will be no trains running on some routes, as Rail, Maritime and Transport (RMT) union members walk out over safety concerns. Today is the [...]
Rail union set to cause disruption with fresh Northern and South Western train strikes November 23, 2018 Trains coming in and out of London Waterloo are expected to be disrupted tomorrow, as disputes between railway operators and drivers' unions continue to rage on. Members of the Rail, Maritime and Transport (RMT) union have said they will strike on both Northern and South Western railways tomorrow in protest over a reduction in the amount [...]
Commuter chaos: Extinction Rebellion protest creates central London gridlock for third straight day November 23, 2018 Protesters once again blocked rush hour traffic in central London this morning as members of environmental action group Extinction Rebellion took to the streets to cause chaos for commuters. A small number of activists blocked traffic at West Cromwell Road, Elephant and Castle, Victoria Street and Tower Hill for seven minutes, as their protests stretched [...]
London house price boom to end as buyer’s market returns November 23, 2018 The London property market is slowly returning into the hands of buyers, as the days of house price growth outpacing the rise of inflation look set to come to an end. Industry analysts and economists polled by Reuters over the last week have predicted house prices in the capital will fall 1.7 per cent this [...]
