London mayor Boris Johnson joins battle to save the capital’s night-time economy October 19, 2015 London mayor Boris Johnson has joined the battle to save the city's night-time economy. Johnson has announced a host of new measures in the wake of a new report, entitled London's Grassroots Music Venues Rescue Plan, which found the number of grassroots music venues has fallen 35 per cent since 2007. This ramps up fears [...]
The world’s 10 best airports 2015 in pictures from Singapore Changi International and Seoul Incheon to Tokyo Haneda October 19, 2015 Killing time before a flight is hardly a pleasant experience. It’s crowded, stressful, and the chairs are always uncomfortable… But maybe we’re just flying from the wrong airports? The top 10 airports in the world have been ranked by Sleeping in Airports, based on users’s votes. Asian airports outstrip the rest by far, making up [...]
Every London technology and science business mapped in one epic intereactive October 19, 2015 An epic new map detailing every single science and technology company in London sheds light on the booming sectors which now count more than 90,000 businesses and over 700,000 employees with a combined turnover of £153bn. The most in-depth map to date of the capital’s technology businesses reveals Westminster, the City, Camden and Hackney are home [...]
Ministers who campaign for Brexit “will be sacked” October 19, 2015 A group of six Conservative cabinet ministers have called on Prime Minister David Cameron to allow ministers to campaign with their conscience when it comes to whether or not the United Kingdom should remain a member of the European Union. The unnamed ministers want Cameron to abandon the ministerial code, which requires collective responsibility among [...]
Gold-plated Armani loos, a golden staircase and 16th century timber flooring: Here’s London’s most expensive office October 19, 2015 After all the hysteria over London's super-prime housing market, this was always bound to happen: a developer has unveiled London's swankiest offices. If you're running a business on any kind of budget, look away now… The office building, at 54 Brooks Mews, is in the middle of Mayfair (natch), and has been developed by Enstar [...]
What’s replacing banker bashing? Hedge funds, asset managers and the rest of the financial services industry to be hit by Senior Managers and Certification Regime October 19, 2015 So, the government is scrapping its ‘guilty until proven innocent’ proposal for top bankers.Thank goodness. Rather than bankers being required to disprove their guilt, regulators will, actually, have to prove shortcomings. Regulators will need to show that senior managers have failed to take reasonable steps to prevent regulatory breaches in their areas of responsibility. That [...]
China’s third quarter GDP beats expectations, but it’s the weakest economic growth since 2009 October 19, 2015 China's economy grew by more than expected in the third quarter of this year, easing fears that it is slowing at a greater pace than previously thought. China's statistics bureau said this morning that the country's gross domestic product increased 6.9 per cent between July and September from a year ago, beating analysts' estimates for 6.8 [...]
Jinping Kerching: David Cameron and Chinese President expected to announce several deals October 19, 2015 Prime Minister David Cameron and Chinese President Xi Jinping are hailing a “golden era” of Sino-British relations on the eve of Jingping’s four-day state visit to the UK, as investors await confirmation of billions of pounds worth of trade and investment deals. Among the expected announcements is a multibillion pound deal to build the controversial new nuclear [...]
London house prices up by 10 per cent in October and first-time buyers bear the brunt – Rightmove October 19, 2015 There's just no end to it. London house prices are 9.8 per cent higher than they were in October 2014, data released today by online property market Rightmove reveals. Nationally, house prices rose 5.6 per cent year-on-year with first-time buyer properties leading the way at 9.6 per cent. The number of properties coming to the London [...]
UK infrastructure is lagging behind on global value rankings October 19, 2015 The UK is falling behind in global rankings on its infrastructure, according to research published today. The value of Britain’s built environment – its buildings and infrastructure – is currently £3.1 trillion, the research from Arcadis, a consultancy, and the Centre for Economics and Business Research said. The UK ranks 13th against a host of other [...]