President of French private equity giant Ardian backs London to retain financial services dominance after Brexit February 15, 2017 The president and founder of private equity giant Ardian has backed London to retain its financial services dominance after Brexit. Dominique Senequier, whose firm has around $60bn in assets, also said on Wednesday night she does not expect the exiting process to be “brutal” for Canada. “When you have such a financial city, you have [...]
Colliers International names London top city of influence February 15, 2017 London remains one of the most influential cities in the world despite predictions that its status would be eroded by the Brexit vote. According to a report from Colliers International, London and Paris are the most attractive cities in Europe for businesses in terms of talent, cost and location. But as London's labour laws are more relaxed [...]
Train services into Kings Cross and Moorgate disrupted by object caught on overhead wires February 15, 2017 Trains between Stevenage and London Kings Cross and Moorgate are subject to delays this morning, because of an object caught on overhead wires at Brookmans Park. National Rail said trains may be revised or delayed by up to 20 minutes, with disruption set to continue until 11AM. NEW: Disruption between Stevenage and London Kings Cross / [...]
Make the Thames Estuary a hub for creativity, says Khan February 13, 2017 London mayor, Sadiq Khan, has unveiled his vision for turning the Thames Estuary into a world-class hub for the arts. Included within the mayor’s “vision document” is a theatre complex in Bexley, an experiential arts centre in Woolwich, and a new production facility in Dagenham East that would be the capital’s largest film studios if completed. [...]
London airports soar to record months as UK shows “economic resilience” in the face of Brexit February 13, 2017 Passenger numbers at London's airports continue to soar as Luton reported a 20 per cent jump for January compared to last year. London's two biggest airports also had record months, with passenger numbers at Heathrow up 4.2 per cent at 5.74m and Gatwick up 12.1 per cent with 2.8m passengers travelling through the airport. Heathrow [...]
More than two-thirds of the public think Heathrow expansion will signal Britain is open for business post-Brexit February 13, 2017 While questions remain over how the government will address air quality concerns over Heathrow expansion, for now the public backing lies very much with the third runway taking shape. That's according to a new ComRes poll of 2,003 people – commissioned by Heathrow (who else?) – which has found more than two-thirds of the public think building a [...]
Tube strike threat over staffing and ticket office closures is off after the TSSA accepts London Underground deal over jobs February 13, 2017 The threat of industrial action on the London Underground over jobs has come to an end, after the Transport Salaried Staffs' Association (TSSA) accepted a deal. As a result, the union has called off its overtime ban. Both the TSSA and the Rail, Maritime and Transport (RMT) union had been in dispute with London Underground over [...]
Making housing more affordable is crucial if we’re to improve social mobility in London February 13, 2017 Canada Corporation announced last week that it will sponsor the Social Mobility Employers’ Index, a new initiative from the Social Mobility Foundation and Social Mobility Commission which ranks Britain’s top businesses on how open they are to accessing talent from all backgrounds. We are backing the Index with £70,000 of funding as [...]
UK’s biggest firms report record results February 13, 2017 The UK’s largest listed companies weathered a difficult political and trading climate last year, posting upbeat results in the final quarter of 2016. Fourth quarter revenues increased by 5.5 per cent on a like-for-like basis, reaching a record of £116bn for the listed companies. Operating profits grew at their fastest rate in the last three [...]
Culture shock: How London’s theatreland will be squeezed by business rates re-evaluation February 12, 2017 London’s theatreland will be forced to pay an estimated £31m in property taxes over the next five years once the government’s planned hike in business rates comes into effect in April. The total rates bill for theatres in the West End will rise by nearly 40 per cent to £6.3m for the 2017 to 2018 [...]
