Healey’s £1bn London office raid would be ‘attack on growth’ Property John Healey’s potential £1bn raid on London offices would be an “attack on growth” and deal a huge blow to the City, property firms have warned. The Chancellor is weighing up an increase to business rates for expensive office blocks and skyscrapers which would raise £1bn for the Treasury but disproportionately hit the capital’s business [...]
Activist investor urges storage firm Big Yellow to put itself up for sale Property Shares in storage firm Big Yellow bounced on Wednesday after an activist investor urged the company to put itself up for sale. The FTSE 250 self-storage provider jumped more than five per cent to 844p after Ancora Alternatives, which owns four per cent of the group, told it to consider a take-private deal. The Ohio-based [...]
Office cycle racks face the chop as workers opt for e-bikes Property City developers have hailed the Mayor of London’s plans to water down the amount of bike rack space new offices need to provide, arguing that the shift to e-bikes makes these requirements redundant. The London Property Alliance (LPA), which represents hundreds of developers in the City and central London, has welcomed proposals to cut down [...]
Ministers back City skyscraper plans after Tower of London row September 24, 2026 Ministers have given the greenlight to plans that will allow skyscrapers to be built in the area surrounding the Tower of London, ruling that proposals set out by the City of London corporation will do enough to protect the site’s Unesco status. Housing minister Matthew Pennycook said on Thursday he will withdraw his objections to [...]
City policymakers push to end ‘old-school’ ban on tower logos September 10, 2026 Square Mile policymakers are ramping up pressure on the City to drop “old-school” rules which block firms from displaying logos on their buildings, in a move which they say could drive growth. The City of London Corporation, which governs the historic financial district, has long blocked companies from displaying their logos on the top of [...]
Tower of London curbs on skyscrapers ‘will cost City £1.2bn’ September 3, 2026 Plans to protect views of the Tower of London will cost the economy £1.2bn in lost economic output every year, the City of London Corporation has warned. Historic England, the government’s heritage watchdog, is battling to secure a “larger uninterrupted gap of clear sky” between the medieval prison and the cluster of skyscrapers on the [...]
‘Alice in Wonderland’ workspace firm lands £129m Aberdeen-backed finance August 20, 2026 A luxury workspace provider whose offices feature novelty themes like Alice in Wonderland and Monopoly has landed a £129m refinancing package. Office Space in Town (OSiT) has bagged a new debt package which includes around £72m in backing by leading asset manager Aberdeen, City AM has learned. OSiT operates 225,000 sq ft of flexible office [...]
Graduate start-ups require a new kind of office July 13, 2026 The City’s future as an economic powerhouse is being driven by a new kind of graduate. In years gone by, the Square Mile’s leading financial services, tech and consulting firms have hoovered up university leavers from the moment they don their graduation gowns, funnelling them from campus to office. The next chapter in the City [...]
Workspace urges investors to block ‘destructive’ Saba proposals July 9, 2026 Flexible office provider Workspace has called on investors to block “destructive” attempts by notorious activist investor Saba to force a sell-off of its properties. The FTSE 250 firm issued a plea to shareholders on Thursday urging them to vote against each of the proposals submitted by the New York-based hedge fund to its annual general [...]
British Land: Return to office debate is over May 20, 2026 British Land has declared the debate over returning to the office “over,” as it prepares to capitalise on constrained supply and a “wave of demand” for commercial property from AI firms. The FTSE 100 property developer saw its profit before tax jump by 32 per cent to £450m in the year to March, as the [...]