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      The valuation would cement Monzo's status as one of Britain's biggest tech start-ups.

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London

  • Drivers in Camden, Tower Hamlets and Lambeth among worst offenders in UK

    March 10, 2022

    London is home to some of the worst drivers in the country, with Camden in particular having the fourth-worst record for crashes nationally. Four key London authorities have among the highest number of accidents per 100,000 registered vehicles, new figures show this week.  The culprits were Camden, Tower Hamlets, Lambeth, and Westminster, with other areas [...]

  • London a £106bn key driver of surging global online sales in wake of pandemic

    March 10, 2022

    London was at the forefront of soaring global online shopping, with record-breaking investment in the capital last year. As the world emerged from the pandemic, retailers took in more than $140bn (£106bn) from web-based sales in 2021 – more than double the previous year. Following numerous lockdowns which led to a spike in virtual shopping, [...]

  • London firefighters battle major blaze in the City as Aldgate tower block fire leads to road closures

    March 7, 2022

    A major fire is currently raging near Aldgate East station as dozens of firefighters are battling a huge blaze. Social media images have shown smoke across the City of London after a fire appears to have broken out on one of the floors of the Crawford Building on Whitechapel High St. The London Fire Brigade [...]

  • Polluting London drivers to be hit with daily fee of £12.50 as Sadiq Khan plans to expand Ultra Low Emission Zone to entire city

    March 6, 2022

    London Mayor Sadiq Khan said today that he plans to expand the capital’s Ultra Low Emission Zone (Ulez) to cover the entire city in a push to cut pollution and congestion. Mr Khan has asked Transport for London (TfL) to consult on extending the scheme’s boundary from the North and South Circular Roads to the [...]

  • Terrible Thursday: Chaos returns to central London as TfL staff walk out in yet another tube strike

    March 3, 2022

    Another tube strike has just begun with Londoners facing another day of travel chaos as the refusal by thousands of Transport for London workers is expected to cripple transport services today. Members of the Rail, Maritime and Transport union (RMT) will walk out for 24 hours in a deadlocked dispute over jobs, pensions and conditions, [...]

  • London Underground staff ask Londoners to stay away until afternoon with fresh tube strike tomorrow

    March 2, 2022

    London Underground services continued to be disrupted on Wednesday, after a strike by thousands of workers crippled the Tube on Tuesday. Members of the Rail, Maritime and Transport union (RMT) are taking industrial action in a bitter dispute over jobs, pensions and conditions. The Tube was suspended during Tuesday’s rush hour, with only a few [...]

  • ‘This city becomes unlivable’ say angry Londoners hit by severe transport disruption due to another tube strike

    March 1, 2022

    Londoners said the capital is “becoming unlivable” as strikes across the Tube network left them travelling for hours to get to work. Transport for London announced that all Underground lines would be suspended today as Tube workers stage industrial action against pay and working conditions. John Rayner, 28, a construction worker who was waiting for [...]

  • TODAY: Londoners urged to work from home as tube strike is affecting ALL lines

    March 1, 2022

    Transport for London (TfL) has urged commuters to plan ahead of today and Thursday’s Tube strikes, which will affect all lines. The public body has advised Londoners to work from home if they can or rely on alternative means of transport, as the strikes are expected to create major disruption across the whole TfL network. [...]

  • Weekend Exclusive: Lloyds banker turned charity guru Bernie Hollywood OBE on mental health in the City

    February 27, 2022

    Londoner Bernie Hollywood OBE spent nearly a decade as a corporate banker at Lloyds Banking Group’s HQ at 25 Gresham Street in the City. These days, he is determined to make a difference: next year, the 63-year-old is rowing the Atlantic to raise funds for youth mental health. City A.M. caught up with him to [...]

  • UK-based Chinese companies suffered from global instability last year, new research shows

    February 25, 2022

    Revenues generated by Chinese companies working in Britain have dropped by almost a third, due to global instability and the impacts of Covid-19, according to new research. Chinese companies employed 61,000 UK residents contributed £63bn to the British economy in 2021, according to new figures from the Tou Ying Tracker. The £63bn in revenues generated [...]

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