City workers urged to complain if forced into the office January 13, 2021 The City of London Corporation has called on workers to complain if they are being pressured into coming into work during England’s third national lockdown. The Corporation has urged Square Mile workers to file an anonymous complaint if their employers are forcing to break lockdown rules, which state that everyone must stay at home unless [...]
QuadReal pumps nearly $1bn in London property January 12, 2021 Property group QuadReal has spent nearly $1bn to acquire a majority stake in seven London-based assets owned by Realstar UK. The Canadian asset manager partnered with Realstar to invest in four rental properties in New Cross, Stockwell and a 45-story tower in the heart of Elephant & Castle. Realstar CEO Ryan Prince said, “Far [...]
It will need all hands to the pump to get London back where it should be January 5, 2021 Last year was for many the most challenging year in living memory. Repeated lockdowns, the loss of loved ones, business closures, job losses and a complete shift in how we live our lives. Our great capital city has also undergone sudden and dramatic changes. As the pandemic took hold in March it was eerily empty, [...]
Post-Christmas footfall plummets as UK shoppers avoid high street January 4, 2021 Footfall across Britain’s high streets plunged almost a quarter last week as Boxing Day sales failed to lure shoppers from their sofas, according to the latest data. The number of Brits hitting the shops fell more than 23 per cent in the seven days after Christmas compared with the week before, latest Springboard figures showed. [...]
Crossrail failed to carry out survey work on historic Soho venue despite ‘high risk’ to punters December 16, 2020 Crossrail failed to carry out survey work on a historic cellar bar in Soho despite receiving warnings from its own contractors that weak vaults posed a “high residual risk” to punters. The report, which was carried out in 2016 by consultants WSP and has been seen by City A.M., says that the vaults in the [...]
Chinese Embassy plans at risk over Black Death bodies December 15, 2020 Plans to build China’s largest European embassy in east London could be scuppered after local leaders raised concerns that the foundations would disrupt the bodies of thousands of bubonic plague victims. Councillors in Tower Hamlets have flagged complaints to Historic England, warning that the building will disturb “a site of major historical importance”. China bought the former [...]
City of London to host ‘back to work’ week in bid to revive Square Mile December 14, 2020 The City of London will call on office workers to return to the Square Mile in a “back to work” week in April, in a bid to help resuscitate the bars, restaurants and hospitality venues hammered by empty streets during the pandemic. William Russell, lord mayor of London and a former Merrill Lynch investment banker, [...]
Heron Tower closed off following reports of suspicious package November 30, 2020 The City’s Heron Tower has been cordoned off as police carry out a controlled explosion following reports of a suspicious package. City of London police said a 200m cordon was placed around the skyscraper this morning, while nearby roads were closed. Heron Tower, located in one of the City’s busiest commuter regions, was initially evacuated [...]
Planning permission granted for 454 new homes in Wembley November 27, 2020 Brent Council has given the green light on building 454 new homes, including 40 per cent affordable housing, next to Wembley Park underground station. The scheme covers a 1.6-acre site, and will be delivered across five buildings. The new homes will be a mixture of studios, one, two and three-bedroom apartments. The affordable homes will [...]
London Tier 2: City leaders breathe ‘sigh of relief’ but push for return to the office November 26, 2020 City leaders have welcomed the announcement that London will be placed into Tier 2 when lockdown lifts, but warned that the capital will only fully recover when the government outlines a clear policy on returning to work. Health secretary Matt Hancock today said London will join regions such as Liverpool and Suffolk on “high” alert [...]