Corona Impact Series: How a Bethnal Green confectionery is baking up a storm online January 25, 2021 In this series, City A.M. looks at the financial and economic impact of the ongoing pandemic on a range of small and medium-sized businesses across London. Today: The East London bakery which went entirely digital as the pandemic storm picked up. Before the pandemic, Steph Giordano, the founder of Bethnal Green bakery Baked by Steph, had been baking [...]
London best UK city for female entrepreneurs January 25, 2021 A new study has found that the UK is the fifth best country for female entrepreneurs in the world, with London hailed the best city across the UK for women-owned startups. Analysing data from Crunchbase, Mastercard, Tide and Linkedin, the study by JBH Digital PR Agency found that finance was the most viable option for [...]
Universal Credit support to be reviewed by govt January 25, 2021 The government plans to review the support those on welfare receive during the pandemic, the work and pensions minister said today. Minister Therese Coffey, when asked whether a boost to Universal Credit would be extended, said that the benefit is being reviewed. “We’re in active discussion with the Treasury, working together to try and make [...]
London mayoral candidate fumes after being fined for touring Southwark January 25, 2021 London mayoral candidate Brian Rose was fined in Southwark on Sunday as he was out campaigning. Police spotted a legally parked bus in Southwark on Sunday morning, quickly descending on the team and issued £200 fines. Businessman Rose was recording a socially distanced video at the time and claims to have been fined despite showing [...]
Innovation is why London is ahead of New York, Hong Kong and Frankfurt as world’s financial capital January 25, 2021 Innovation is why London is ahead of New York, Hong Kong and Frankfurt as a world's financial capital
TfL needs government support for next two years to stay afloat, says boss January 24, 2021 Transport for London (TfL) will need government financial support for the next two years to stay solvent, according to body’s commissioner. Andy Byford said today that “without government support, and with the chaos that Covid and the decimation on our finances that Covid has wrought, we absolutely will be needing financial support in the short [...]
London leads global finance rankings in new benchmarking research January 22, 2021 | City Talk New figures published today [22 January] by the City of London Corporation, show that, London continues to hold the top spot for financial and professional services, when compared to other global destinations, including New York, Singapore, Hong Kong and Frankfurt. The benchmarking research, entitled “Our global offer to business: London and the UK’s competitive strengths in [...]
Slavery statues in City of London to be removed January 22, 2021 | City Talk Statues of two prominent figures in the City of London with links to the Transatlantic slave trade will be removed and re-sited, the City of London Corporation’s Policy and Resources Committee has decided. The committee voted to move statues of William Beckford and Sir John Cass which currently stand in its historic Guildhall headquarters. The [...]
Mayor of London pledges 999-year shared ownership lease to tackle unfair extension costs January 22, 2021 Sadiq Khan has stood up for leaseholders in the capital by pledging a 999-year shared ownership lease on homes until 2026. The mayor has delivered a new expectation that all shared ownership homes built under his new £4bn Affordable Homes Programme are sold on a long-lease basis. He wants London to lead by example and [...]
London mayoral election campaigns kick off despite lockdown January 22, 2021 The London mayoral election seems to kick off in earnest today as one of the underdog candidates will tour London in a Covid-secure tech bus. Mayoral candidate Brian Rose will go up against a current Mayor Sadiq Khan and travel the city in a tech-fitted bus, which includes a live-streaming TV studio. The businessman – [...]