Time Out to open first London market in Shoreditch next year following success of Lisbon venue October 12, 2016 Time Out will launch its first London market in Shoreditch next year, the magazine publisher-turned-entertainment group announced today. The London market will follow the same model as the group's flagship venue in Lisbon, Portugal, which opened in May 2014. The 19,250 square foot space on Commercial Street will hold restaurants, bars, shops, an art gallery [...]
Competition for jobs in London hots up as roles on offer fall but jobseekers rise October 12, 2016 Job hunters in London were out of luck last month, as figures out today show the number of financial services roles on offer fell while the number of jobseekers grew compared with the same time last year. According to Morgan McKinley's London Employment Monitor for September, jobs available fell five per cent year-on-year, although professionals seeking [...]
Hipster hammering: City Fringe offices landed with huge business rate increases October 11, 2016 London's hipster office hubs will be under intense pressure when the new business rates come in next year, as new figures highlight the extent of the tax increases that are set to burden the City Fringe. The government has published its first business rate re-evaluation for seven years. The new tax for each property is based [...]
TfL signs £17.6m advertising contract with Outdoor Plus October 11, 2016 Transport for London (TfL) has signed up Outdoor Plus as its advertising partner in a £17.6m contract to bring digital advertising screens across road underpasses in the capital. TfL said the network of roadside screens would generate at least £13m to reinvest in modernising the transport network over the next ten years. Initially, Outdoor Plus [...]
Heathrow’s exports soar six per cent in September October 11, 2016 Heathrow Airport may have been firmly in the Remain camp ahead of the referendum vote, but its September figures suggested Brexit wasn't giving rise to much turbulence. It welcomed a record number of passengers in September – 6.8m travelled through the airport, while Heathrow's cargo volumes rose six per cent on the back of growth to [...]
Government watchdog warns taxpayers stand to lose £22.5m should Garden Bridge project collapse October 11, 2016 The National Audit Office (NAO) has announced the findings of its investigation into the use of public funds to pay for one of Boris Johnson’s projects as London Mayor: the Garden Bridge. And it’s not impressed. Meg Hillier MP, chair of the committee of public accounts, said: “It worries me that whenever the Garden Bridge [...]
Southern Rail commuters had some very British responses to the latest RMT strikes and engineering chaos October 11, 2016 Travel chaos is well and truly underway as strikes (and over-running engineering works) cause more turmoil for Southern commuters. And passengers have been doing what any good Brit would do – taking to social media to complain. Strikes might be disruptive, but they do provide ample opportunity to take part in one of the national pastimes: queuing [...]
London commuters set for delays and disruption on train services as Southern rail strike kicks off October 11, 2016 Commuters travelling in and out of London on Southern services are facing delays and disruption as RMT union members embarked on the latest round of strike action – and engineering works are creating mroe chaos on the train lines. Workers are taking industrial action against Southern's plans to get rid of conductors and operate driver-only [...]
London mayor Sadiq Khan to call on government to prioritise access to the EU’s Single Market October 11, 2016 London mayor Sadiq Khan will today urge the government to prioritise access to the EU’s Single Market as it enters crucial Brexit negotiations. Speaking at an event organised by the Confederation of British Industry (CBI), Khan will emphasise the need to “safeguard future economic prosperity and help maintain London’s position as a global financial centre”. [...]
FCA commits to having 50/50 gender split in its senior leadership team by 2025 October 11, 2016 The Financial Conduct Authority (FCA) has unveiled a new set of diversity targets as part of an effort to show its commitment to inclusion. The City watchdog published targets for the Women in Finance Charter, which it signed in June 2016 and announced its Black, Asian, minority ethnic (BAME) targets for 2020 and 2025. Read [...]
