From Barnet to Fulham via Camden and Southwark: Here are London’s most expensive and decadent rental properties April 19, 2022 While the average London tenant will pay £1,574 per month, the average cost of residing at the very top of the capital’s rental market comes in at a huge £23,839, – a 1415 per cent rental price premium. London-focused rental platform Rentd looked at the average cost of renting in each London borough before comparing [...]
City’s prestigious Dragon Awards to focus on firms promoting socio-economic diversity April 12, 2022 Firms hiring workers from diverse socio-economic backgrounds will be the focus of the City’s prestigious Dragon Awards this year. As the ceremony returns to an in-person event for the first time since the pandemic, the City of London Corporation is looking to shine a light on companies offering opportunities to those less well off. This [...]
Chief of PageGroup recruitment firm reveals plans to step down after 16 years at the helm April 12, 2022 The chief executive of PageGroup recruitment firm has revealed plans to to step down after 16 years at the helm. The announcement was made after the company had record results in the first quarter of the year, with almost £260m in gross profit, up more than 40 per cent on 2021. Making the announcement about [...]
Roads reopen in heart of the City after ‘suspicious vehicle’ leads to police cordon April 11, 2022 A number of streets in the heart of the City have been reopened by police after being cornered off due to a “suspicious vehicle”. The City of London Police said its “cordon in place around Nicholas Lane affecting the following roads: Gracechurch Street, Fenchurch Street, Lombard Street, King William Street” had been removed. After telling [...]
Cressida Dick’s last day: Londoners saw scandals, racism, sexism and homophobia under her watch, says Mayor Sadiq Khan April 10, 2022 Sadiq Khan has said he is not “going to hide from the fact” he lost confidence in outgoing Metropolitan Police commissioner Dame Cressida Dick. Speaking in Barnet, north London, the London mayor said: “In the recent past, she’s worked with many others to help us reduce violent crime but I’m not going to hide from [...]
Outgoing Met chief Cressida Dick writes letter to London: ‘You tell us so we can change but don’t politicise policing’ April 8, 2022 Outgoing Metropolitan Police commissioner Dame Cressida Dick has warned against the “politicisation of policing”, saying this is “a threat not just to policing but to trust in the whole criminal justice system”. In a “letter to London”, she wrote: “Of course as I look back there is more I wish we had achieved. “We hear [...]
Government still ‘committed’ to Holocaust memorial near Parliament despite High Court quashing planning permission April 8, 2022 The government is still “committed” to building a Holocaust memorial next to Parliament, despite a High Court decision to block planning permission for it. Peers have clashed after campaigners won a decision to delay a £100m project for a Holocaust Memorial and Learning Centre at Victoria Tower Garden in Westminster. Lord Pickles, co-chair of the [...]
Food banks struggle to keep up with 99 per cent of all free food points seeing surge in demand as cost of living crisis rages April 5, 2022 Thousands more households are turning to the UK’s food banks for the first time as the cost-of-living crisis deepens, according to new research shared this morning. A new survey by community giving platform Neighbourly and Aldi – which work together to distribute surplus food from the supermarket’s stores – almost all food banks (99 per [...]
Exclusive: The boss of London’s oldest office provider returns from retirement to drive the City’s bounce-back April 4, 2022 As we passed the two-year anniversary of the first lockdown last month, City A.M. sits down with the CEO of London’s oldest office provider, who came out of retirement to drive the business’ post-Covid recovery. Shedding light on how the business and City has suffered, Argyll CEO John Drover reveals to this paper how his [...]
Prime London rent hits double-digit growth for first time since 2010 April 4, 2022 The priciest areas to rent in London have seen double-digit annual rental growth for the first time in more than a decade. According to figures released by Savills, growth in prime London hit 11.1 per cent in the first quarter of this year, against a backdrop of low stock levels. It is the first time [...]