Row over London housebuilding rates ahead of Michael Gove planning speech December 19, 2023 A row has broken out over housebuilding rates in London ahead of a key speech by Michael Gove on planning reform.
HS2 Euston: Private funding proposals have fallen into a ‘black hole,’ warns boss of key contractor December 19, 2023 The government is ignoring proposals on how to privately fund the HS2 project's Euston section, the boss of a key contractor has warned.
Londonmetric mulls takeover of Alton Towers owner could ‘create one of the UK’s largest listed landlords’ December 19, 2023 Logistics landlord Londonmetric is understood to be in talks to buy LXI the owner of Alton Towers and Warwick Castle.
LendInvest swings to loss on mortgage woes, has cut more than a quarter of staff December 19, 2023 AIM-listed lender to homeowners and buy-to-let landlords hit by increased competition
UK to help protect ships in Red Sea after attacks by Yemen rebels causes BP to pause tanker journeys December 19, 2023 Britain is set to join an international coalition to protect ships sailing through the Red Sea after tankers came under attack from militants in Yemen. The announcement comes after oil giant BP paused all of its tanker journeys over safety concerns after Iranian-backed Houthi soldiers stepped up attacks on vessels in the Red Sea in [...]
Wealthy middle-eastern investors drive growth in London office market December 19, 2023 Wealthy Middle-Eastern investors are driving sales in London’s office market, as reduced competition acts as an opportunity.
Sir Grayson Perry says EDF energy raised electricity bill from £300 to £39k December 19, 2023 Former BBC journalist Jon Sopel, who now presents The News Agents podcast, also said he was notified that his bill was increasing from £152 a month to £18,000.
Superdry warns on profit as wet weather takes its toll December 19, 2023 Superdry blamed unseasonable weather for a 13 per cent slump in retail sales year-on-year, as the struggling fashion retailer continues to trade below management expectations. Wholesale earnings were down 41.1 per cent year-on year, which was due to the decision to exit its US wholesale operation. It was also driven by “timing differences and the [...]
Banknote maker De La Rue says demand for cash recovering despite £16.8m loss December 19, 2023 British banknote maker De La Rue continues to struggle with weak demand for cash but reitered its upgraded full-year profit guidance.
The Notebook: Sport can be a key growth market for London in 2024 but only if we back evolution and ambition December 19, 2023 Where the City’s movers and shakers get a few things off their chest. Today, Matt Hardy, City A.M.’s deputy sports editor, takes the pen. Sport can be key to 2024 London growth Sport is worth tens of billions to our capital. Whether that be through the Premier League’s London derbies, world class stadia at our [...]