Exclusive: How London’s prime property financing space weathered Brexit, Covid and market mayhem October 24, 2022 Prime property finance is experiencing a boom in demand but battling falling prices. Yet, as the most resilient part of the market shows it can insulate itself from Brexit, the pandemic and current financial woes. While not immune from external shocks, its ability to recover faster than the rest of the industry makes it a [...]
Chaos on Edgware Road as woman gets stabbed in busy coffee shop while 30 Brits chase and beat up suspect October 20, 2022 Members of the public chased and caught an alleged knifeman after a woman was stabbed in a west London coffee shop. The woman, in her 30s, was treated at the scene and taken to hospital following the attack at a cafe in Edgware Road on Thursday morning, the Metropolitan Police said. A man was detained [...]
Promising research on synthetic corneas from London university October 17, 2022 | City Talk Aisha Memon, graduate from University College London and Dr Hirak Patra, Associate Professor of Nanomedicine and Regenerative Medicine at the University College London. The cornea is an avascular and clear structure present in the anterior part of the eye. It is responsible for mechanical support and protection as well as for light refraction, making it [...]
London generates £74bn of financial and professional services exports October 13, 2022 London generates £74bn of the UK’s financial and professional services exports, according to a new report out yesterday. The City’s banks, brokers, insurers and law firms’ share of Britain’s £130bn financial and professional services export industry is running at 57 per cent, according to Square Mile lobby group TheCityUK. However, the body’s research illustrated that [...]
London start-up founders reap rewards of almost £200m in loans October 10, 2022 London has received more start-up loan cash than anywhere else in the country after a decade of a programme supporting entrepreneurs. Founders in the capital have received £187.1m through the government backed Start Up Loan scheme, with businesses across the country being provided with loans and mentoring. The scheme has delivered more than 97,000 loans [...]
Blackstone backs London with new Mayfair base October 8, 2022 Blackstone will build its new European headquarters in London at its Mayfair base, in a fresh boost for the for the capital.
£1.5bn Liverpool Street station upgrade sparks conservationists’ concerns October 6, 2022 A £1.5bn proposed upgrade of Liverpool Street station has sparked concern among conservationists. Shard Quarter developer Sellar, alongside Network Rail and Elizabeth line operator RMT, unveiled the plans today. The mixed use blueprint includes plans for up to 10 floors of office space, as well as six floors taken up by the Andaz hotel. Developers [...]
Wealthy buyers turn to cheaper London homes as sterling shrinks October 4, 2022 Buyers are seemingly turning to cheaper London homes amid a shrinking pound, despite a “rejuvenated level of foreign interest”. Demand for London homes worth more than £10m has fallen consistently in the first half of the year, while London’s prime market, of homes valued between £2m and £10m, has enjoyed an uptick. According to research [...]
London Film Festival 2022: Seven titles not to miss, from The Whale to Empire of Light October 3, 2022 The BFI’s London Film Festival (LFF) is just around the corner, with the Southbank Centre playing host to the great and the good of the movie business from 5-16 October. This year it will showcase 164 feature films — 22 of which are world premieres — across nine London venues. There is something for everyone in [...]
HSBC considers leaving Canary Wharf HQ September 29, 2022 HSBC is considering leaving its iconic Canary Wharf headquarters when its lease expires in early-2027. The bank is carrying out a review of “the best future location in London” for its global headquarters, according to an internal memo seen by Financial News. HSBC’s options include either renovating its current building or moving to another London [...]