The 15-minute city: How to make London greener, cleaner, and more resilient December 12, 2020 2020 has been the year that has exposed how vulnerable our cities are. Living through lockdowns has brought to the fore issues which we have been sweeping under the carpet, particularly in London: lack of access to green spaces, distance to essential amenities such as shops, and the need for better pedestrian and cycling options. [...]
Lloyds pay black staff 20 per cent less than their white peers December 11, 2020 Lloyds Banking Group revealed that black staff at the company receive 20 per cent less pay than their colleagues.
Mastercard loses £14bn class action ruling in UK Supreme Court for overcharging 46m Brits December 11, 2020 A £14bn class action against Mastercard for allegedly overcharging more than 46m people in Britain over a 15-year period has been given the go-ahead by the UK Supreme Court this morning. The ruling means the case will now head for a second hearing at the Competition Appeal Tribunal so a decision can be made on [...]
Before the Bell: Preparations start for a no deal Brexit December 11, 2020 It was another mixed session for European stocks yesterday, with the FTSE100 outperforming on the back of a slightly weaker pound, but it was notable that we saw heavy falls in UK banks and other stocks with a domestic focus on no deal Brexit concerns. Brexit talks With UK/EU trade talks extended to the weekend, [...]
Confidence in the City of London remains strong, with planning applications up in November December 10, 2020 The number of planning applications for the City of London have exceeded pre-pandemic levels, showing investor confidence in the district.
Tube usage bounces back to October levels as Londoners dash for shops December 10, 2020 Tube and bus usage jumped back to pre-second lockdown levels last week as Londoners rushed back to shops, pubs, and restaurants after a month of restrictions. On 4 December, there were 1.56m journeys made on the London Underground, and 3.6m trips made by bus, data from TfL shows. That’s roughly a third higher than the [...]
Snakes and Ladders: Who is moving jobs in the City this week? December 10, 2020 Snakes and Ladders provides a roundup of the most important hires and job moves across the City
City of London launches gift card to boost spending at Square Mile businesses December 9, 2020 A new gift card for the City of London has been launched to make up for lost spending time during the pandemic.
Four in 10 Londoners to switch jobs due to declining sector opportunities December 9, 2020 More than four in 10 (42%) Londoners are leaving their current jobs and sectors for fear there are declining job opportunities in their current line of work. Londoners are seeking job opportunities that are more stable and will not be impacted by the coronavirus pandemic, with nearly half (49%) of those polled moving sector for [...]
UK signs post-Brexit trade deal with Norway and Iceland December 8, 2020 The UK just signed in London a post-Brexit rollover trade deal with Norway and Iceland. The agreement covers trade in goods, and ensures 95 per cent of goods trade with Norway and over 90 per cent with Iceland will remain tariff-free, providing businesses with certainty that they can continue to operate on the same terms [...]