‘Devastating’ tube strikes: Pubs brace for 40 per cent sales hit Hospitality London’s pubs and restaurants are bracing for a knock of as much as 40 per cent of daily sales from this week’s tube strikes as industry leaders warn of the “devastating” impact on hospitality. The capital’s hospitality industry is set to be the hardest-hit from the industrial action, which is due to begin at noon [...]
Here’s how to get London building now Opinion New housebuilding in London has ground to a halt. Urgent effort is needed to cut taxes on new housing, make the regulator more efficient and help first time buyers, says John Dickie As we head towards May’s local elections, London’s acute housing crisis will be one of the most frequent issues raised by voters on [...]
Oxford Street regeneration a complex undertaking for City Hall Retail The centrepiece of shopping in the capital is set for a major makeover, after London mayor Sadiq Khan set out his long-mooted plans to pedestrianise Oxford Street on Wednesday. The plan will transform the makeup of central London and bring huge opportunities for retailers, but the proposal – particularly its computer-generated elements – leave plenty [...]
London mayor gives green light for pedestrianised Oxford Street February 26, 2026 Sadiq Khan has signed off proposals to pedestrianise Oxford Street, ordering London’s transport authority to begin plans to remove traffic in a major shake-up the nation’s most popular shopping area. The London Mayor gave his approval to the plans on Thursday, claiming the “bold” proposal will transform the high street into a “world-leading” shopping and [...]
Labour’s employment legislation and national insurance blamed for rising joblessness February 17, 2026 National insurance hikes and the employment rights act mean businesses are being forced to cut back on hiring, business leaders and analysts have said. The labour market continued to loosen at the end of last year, according to new Office for National Statistics (ONS) data, with unemployment climbing to 5.2 per cent between October and [...]
Oxford Street pedestrianisation boosts sales, survey finds October 6, 2025 The pedestrianisation of Oxford Street led to higher sales at the majority of stores on the busy high street, a new survey has found, with business chiefs praising efforts to make traffic-free days more frequent. Oxford Street was closed to traffic for eight hours on Sunday 21st September in a pilot test for further plans [...]
London tube staff to strike in September in ‘extremely concerning’ move August 21, 2025 London tube staff are set to strike over pay in early September in what industry chiefs have labelled a “damaging scenario” for sluggish growth across the capital. The rail union RMT said on Thursday that rolling strike action would begin on Friday 5 September while Docklands Light Railway staff will strike from 8 September over [...]
UK firms pin hopes on US trade growth despite tariffs August 21, 2025 UK exporters to the US believe their sales will grow more than firms selling goods and services to other markets, a new survey has found, boosting hopes that trade will rebound after the initial shock of tariffs. Research by YouGov has suggested that 45 per cent of companies selling products to the US are hopeful [...]
Wealth tax would be ‘own goal’, London bosses warns July 10, 2025 The introduction of a wealth tax on Brits would yield less revenue for the government and drive investors overseas, bosses across London have warned. Keir Starmer this week refused to answer questions on whether the government was considering a wealth tax, which was mooted by former Labour Party leader Neil Kinnock last weekend. But business [...]
London firms struggling to recruit staff as people want to WFH March 20, 2025 Firms in London are struggling to recruit staff as over four in five businesses have vacancies, according to a new survey of 1,000 companies. Mayor Sadiq Khan recently announced plans to boost economic growth in the capital, but the latest survey by BusinessLDN suggests he may have a mountain to climb before he achieves his [...]