Free entry helps Natural History Museum retain crown of most visited indoor attraction as London dominates list March 17, 2023 The Natural History Museum was the most visited indoor attraction in the UK for a second consecutive year, research shows. The London museum had 4,654,608 visitors last year, more than three million above the previous year’s figure of 1,571,413, a report by the Association of Leading Visitor Attractions (Alva) found. However, the South Kensington museum’s [...]
One child in every London classroom is homeless, shock council data claims March 15, 2023 One child in every classroom in London is homeless, on average, shock new data from councils across the capital has claimed. There are 166,000 homeless people living in the capital and of these 81,000 are children, a new report from the London Councils network has claimed. On average, this means one in every 23 children [...]
London economy steams ahead to top UK growth league and on track to avoid recession March 13, 2023 London’s economy is racing ahead of the rest of the UK and is on track to power the country’s GDP out of its current slump, new figures out today show. The capital’s purchasing managers’ index (PMI) shot up to 56 points last month, up sharply from 50.5 points and far above the 50 point threshold [...]
Brexit: Retained EU law deadline must be extended to avoid ‘rushed bonfire’ of regulations, think tank warns March 9, 2023 The post Brexit retained EU law deadline should be extended to avoid a “rushed bonfire” of business regulations, a think tank has warned. Government risks missing a “golden opportunity” to boost the quality of the statute books if it does not lengthen the December 2023 deadline for the so-called sunset clause. Most Brussels legislation will [...]
Mark Kleinman: Inside Gousto’s shareholder spat and the exec not afraid to ruffle feathers on London’s corporate exodus March 9, 2023 Sky News’ Mark Kleinman is the man the City reads – and in his fortnightly column for City A.M., he shares his insight and analysis. Gousto cash call leaves a sour taste in the mouth A dominant CEO, a board willing to ignore the interests of small shareholders and a spiralling share price: mix the [...]
The Square Mile and Me: Tavier Taylor on Texas, job interviews and Pilates March 9, 2023 We dig into the memory bank of the City’s great and good: this week it’s the Chartered Management Institute’s tech chief Tavier Taylor. What was your first job? I grew up in Texas and my very first “real” job – not counting underage babysitting at the age of 11 – was at Popeye’s Chicken on [...]
Met Police short of 1,000 officers as force admits it faces an uphill battle to recruit quality candidates March 8, 2023 The Met Police is set to be short of more than 1,000 officers this year, the force has said, amid an ongoing crisis in public trust and confidence. Officer numbers will be down by around 1,060 less than the target strength of 34,490, the Met Police has told City Hall. It comes as new commissioner [...]
London businesses shelve hiring plans amid UK recession uncertainty March 8, 2023 London businesses are the most reluctant to take on new staff in the UK due to uncertainty over whether the country will eventually tip into recession, a closely watched survey out today reveals. The capital’s firms are trimming intentions to expand their workforce due to concerns over a looming drop in consumer spending amid the [...]
Almost all London councils set to raise taxes as funding situation becomes ‘unsustainable’ March 7, 2023 More than half of local councils in England are set to make cuts to services while raising council tax by the highest possible amount amid an “unsustainable” funding system. A fifth of London councils say budget cuts will be evident to the public and almost 95 per cent will raise residents’ council tax bills, the [...]
Black cabs: London’s electric taxis overtake diesel for first time with 6,000 now on capital’s roads March 7, 2023 London now has more electric black cabs than diesel powered ones for the first time, following widespread uptake of taxis in line with London’s net zero push. There are now more than 6,000 fully-electric black cabs in London’s taxi fleet, meaning electric taxis are now the most common type of Hackney carriage on the capital’s [...]