Australian bank Macquarie places £1bn bet on UK rental housing market June 30, 2021 Australian bank Macquarie is betting on the UK rental housing market with the creation of its new business that is planning to invest over £1bn, according to reports. The bank’s asset management arm is eyeing London to buy, develop and operate multi-family housing complexes, as well as other cities across the country, it said in a [...]
Uber tells its staff: Work where you want, half the time June 30, 2021 Sources say Uber will let employees work half their hours from wherever they want as part of a revamped return-to-office strategy. Watch the full report.
Virtual reality nights out take on cinema: Adele at forefront of new craze June 29, 2021 Superstar Adele is at the forefront of a new craze sweeping pandemic-hit London: virtual reality nights out. The singer has been seen enjoying regular nights out at VR haunts since lockdown rules on going out were relaxed. Other stars reported to be hooked on the trend include fellow singer Skepta and broadcaster Jonathan Ross. The [...]
Exempt: No quarantine for foreign business leaders if trip benefits UK June 29, 2021 The government said this morning that foreign business leaders will no longer need to quarantine when arriving in England if their trip is likely to be of significant economic benefit to the UK. Company executives wishing to travel to England to make a “financial investment in a UK-based business” or for “establishing a new business [...]
Whitty may be offered police protection after public harassment June 29, 2021 Police have launched an investigation to find two men caught on video harassing England’s chief medical officer Chris Whitty. The video, caught on a mobile phone, shows Whitty being grabbed by men in a park in London as the chief medical officer (CMO) attempts to cross the road. Home Secretary Priti Patel branded the harassment [...]
Revolution Beauty eyes float on London’s junior market June 29, 2021 Makeup group Revolution Beauty is plotting a float on the London Stock Exchange’s junior AIM market, it said in a statement today, having agreed to a £90m share placement. Expected to take place in July, the float will see Jupiter Asset Management pledge the £90m. A final figure for the float is yet to be [...]
Winning design for 21st Century City Police Boxes unveiled June 29, 2021 | City Talk Traditional police boxes in the Square Mile are set to be reimagined as new ‘Digital Service Points’ after the City of London Corporation announced the winning design today (29 June). The design competition winner, ‘The London Stones’ by architecture and design studio Unknown Works, includes space for digital information screens, essential communication technology and for [...]
800,000 London jobs could be done elsewhere post-Covid June 29, 2021 Around two out of five people living and working in inner London could continue their roles remotely after the pandemic, according to new research. London risks losing more than 835,000 jobs as the pandemic sparks a permanent shift to more flexible working patterns, and city dwellers are able to move out of the capital to [...]
‘Grave concerns’ over multi-million pound cuts to City of London Police June 28, 2021 The City of London Police Federation pushed 125 elected representatives to pressure the City of London Corporation to rethink £2.3m of cuts to the force. In a letter sent to 25 aldermen and 100 councillors in the City, chairman of the City of London Police Federation Mike Reed said the body had “grave concerns” over [...]
London’s FTSE 100 weighed down by consumer and airline stocks June 28, 2021 London’s FTSE 100 dipped lower today, weighed down by losses in financial and consumer stocks, with banking stocks some of the biggest decliners of the month. Banks, industrials and mining stocks were down between 0.1 per cent and 0.7 per cent after leading the gains last week as investors sectors that look to benefit as [...]