UK house prices: The most popular properties in the UK according to Zoopla November 2, 2015 There's a lot more to the housing market than what's in offer in London, according to research by property website Zoopla. Read more: Land Registry – London house prices hit half million-pound mark Using data compiled from Zoopla's tool which allows users to search by "most popular", the company found a list of the five most popular properties in [...]
Boris Johnson announces plans to raise London’s Living Wage to £9.40 an hour November 2, 2015 London's Living Wage is set to rise again, after Boris Johnson and the Living Wage Foundation announced another round of hikes. In a speech this morning the Mayor of London said voluntary Living Wage will be raised to £9.40 an hour in the capital, from £9.15 an hour now. Meanwhile, the UK Living Wage will rise to £8.25 [...]
Tech entrepreneurs to David Cameron: Welcome skilled immigrants to keep the UK a global tech hub November 2, 2015 Over 230 entrepreneurs have urged Prime Minister David Cameron to welcome more immigrants in an open letter criticising restrictions on skilled migrants. The letter, organised by the Coalition for a Digital Economy and signed by the founders of Citymapper, Swiftkey and Unruly as well as Baroness Martha Lane Fox, founder of Lastminute.com, argued that the [...]
Scottish devolution: Westminster will not interfere in Scottish taxation and welfare powers, says Scottish secretary David Mundell November 2, 2015 There will not be any vetoes by Westminster on questions of Scottish taxation and welfare, the Scottish secretary David Mundell has said ahead of a House of Commons debate on the Scotland Bill next week. Scotland will be able to introduce new welfare benefits without any threat of the policy being overruled by the United Kingdom-wide parliament. [...]
City A.M. Awards 2015: Celebrating the best of the business world November 2, 2015 It has been a memorable year for the City, with milestones seemingly being met every week. In the last few months alone we’ve reported on some impressive trends and grounds for celebration. Financial services are powering a jobs boom, with employment in the City at an all time high. London’s tech sector has attracted record amounts [...]
Kazakhstan president Nursultan Nazabayev sacks central bank governor Kairat Kelimbetov after tenge plummets November 2, 2015 Kazakhstan has ousted the governor of its central bank after the country's currency, the tenge, lost more than a third of its value in a matter of months. President Nursultan Nazarbayev – who arrives for a two-day visit to the UK today – sacked Kairat Kelimbetov, saying trust in the country's national currency and central bank [...]
District, Circle, Hammersmith Tube Lines part-suspended, causing severe travel delays, because of trespasser on the track at Mile End November 2, 2015 Transport for London had to shut down parts of the District and Circle Line this morning because of a trespasser on the track. There was no service anti-clockwise on the Circle Line during rush hour this morning because of the individual, who was on the track at Mile End. The District Line was closed between Whitechapel and [...]
Christmas adverts: John Lewis, Sainsburys, Burberry & Marks and Spencer beaten by Universal for most shared festive ad of all time November 2, 2015 It's that time of year already. John Lewis is poised to unveil its Christmas advert on Friday (8am if you're really keen) and once again will be launching in on social media first, followed by a grand pushing out to TV audiences at the weekend. It has become an iconic start to the festive period, [...]
Announcing our Christmas appeal to raise £1m for new Maggie’s centre at St Barts November 2, 2015 With the festive season nearly upon us, City A.M. is delighted to announce that we will be supporting cancer charity Maggie’s during our 2015 Christmas Appeal. The Square Mile has proven to be exceptionally generous during recent campaigns; City Giving Day, an initiative of the Lord Mayor, was a huge success and contributed to the [...]
London property prices: Luxury homes in Greenwich and Blackfriars going up for sale – in Kuwait November 2, 2015 Two new luxury developments in central London are going on sale this week, looking to tempt overseas property investors by holding the official launch at the Warba Tower in Kuwait. An "exclusive collection of homes" are being unveiled to Middle Eastern buyers on 4 and 5 November by developers Barratt Homes London, alongside Knight Frank and [...]