London revealed as best European city for runners August 16, 2021 London has been named the best city in Europe to run in after a study found its conditions to be the best for a metropolitan jog. Sportswear brand Puma measured the cities’ suitability using a number of factors, including air pollution, temperature, congestion, the number of running clubs, quality of water and elevation. The team [...]
Charlie Nunn starts as Lloyds Bank chief executive August 16, 2021 Former HSBC banker Charlie Nunn takes on the role of chief executive of Lloyds Bank today, one of the UK’s biggest finance jobs. Nunn’s appointment was announced in November and his starting date was revealed in February. He replaces Antonio Horta-Osorio, who held the position for a decade and announced he would step down once [...]
Deputy leader of council resigns as Marble Arch Mound costs hit £6m August 13, 2021 The Deputy leader of Westminster Council has resigned after costs for the Marble Arch Mound reached £6m – almost double the amount forecast. The Mound, which opened on July 26th, was heavily criticised by visitors who were charged to climb the 25-meter, muddy heap before construction was finished. Ticket holders have received refunds and the [...]
Pandemic space race: Flats are back but prices are slow to catch up with detached homes August 12, 2021 The average price of a flat has climbed just one per cent since the start of the pandemic, while detached homes have jumped by 10 per cent, according to the latest data. The data, from property website Rightmove, suggests that Brits’ property choices have been permanently changed by the pandemic. When Covid-19 brought three national [...]
Just 15 per cent of central London workers back in the office, says think tank August 12, 2021 Just 15 per cent of central London workers have returned to their place of work, according to new figures from the Centre for Cities think tank. The new figures for the last week of July showed that central London has the lowest amount of workers who have returned to the office out of any city [...]
Brits still spooked over public transport as spending lies well below pre-Covid levels August 11, 2021 Covid-19 still has Brits spooked about public transport, despite the UK lifting restrictions, as cash dished out on trains and buses remains well behind pre-pandemic spending. Consumer spending across public transport sits 30 per cent below figures seen in 2019, according to new data from moneysaving app Snoop. Meanwhile, petrol has enjoyed a 90 per [...]
East London state school outperforms Eton in Oxbridge offers August 11, 2021 Brampton Manor Academy, a school in east London is celebrating after 55 students obtained the A-level grades to study at Oxford or Cambridge, more than the offers made to prestigious Eton College. The majority of pupils at the school in Newham are from ethnic minority backgrounds, receive free school meals (FSMs), or will be the [...]
City Moves: Who’s switching jobs in the Square Mile this week? August 11, 2021 City A.M.’s Millie Turner provides a roundup of the most important hires and job moves across the City, every Wednesday afternoon. Email citymoves@cityam.com to be featured. Former Tesco director joins London’s Interpath as special advisor London-headquartered firm Interpath Advisory has appointed former Tesco director and retail veteran Christine Cross as a special advisor for the business. Cross’ extensive non-executive and advisory board [...]
Long Covid cure? Researchers to trial traditional Indian herb treatment August 10, 2021 The London School of Hygiene & Tropical Medicine will work with the All India Institute of Ayurveda to determine whether a traditional Indian herb can help people recover from long Covid. Ashwagandha, commonly known as Indian winter cherry, is traditionally used in the Indian Ayurvedic system of medicine to boost energy, reduce stress and strengthen [...]
Derwent London snaps up Bloomsbury buildings as return to office builds August 10, 2021 Property giant Derwent London has announced the acquisition of five buildings around Bloomsbury and Marylebone as demand for new office space starts to rebound. Derwent London exchanged contracts for two properties totalling 182,100 sq ft located in the so-called knowledge quarter around University College London for £214.6m. The freehold office building at 250 Euston Road [...]