Made in Dagenham: Hollywood real estate firm to build new east London film studios November 3, 2020 A Hollywood real estate firm that owns studios where classics such as Citizen Kane and Gone With the Wind were filmed will invest £300m in a major new production complex in east London. Hackman Capital Partners (HCP) will take control of the construction of Eastbrook Studios, a new film and TV hub spread across more [...]
Sadiq Khan blasted over ‘PR stunt’ as he moves City Hall to Royal Docks November 3, 2020 Sadiq Khan has been accused of carrying out a “PR stunt” after the mayor confirmed he will move City Hall to new headquarters in east London. The Greater London Authority (GLA) will leave its iconic base at More London near Tower Bridge in December next year and relocate to The Crystal building in the Royal [...]
Close Brothers launches two new sustainable funds as demand grows November 3, 2020 Close Brothers Asset Management has launched two new sustainable funds amid growing demand from investors and clients. The asset manager has today launched the Close Sustainable Balanced Portfolio Fund and the Close Sustainable Bond Portfolio Fund, which will be actively managed. Close Brothers said the funds will look to generate “consistent long-term returns by screening [...]
Sadiq Khan pushes for extension on business rates holiday for retail, leisure and hospitality businesses November 2, 2020 London mayor Sadiq Khan has written to the housing secretary Robert Jenrick to request an extension to the business rates holiday for retail, leisure and hospitality businesses, which was due to end in March 2021. In a joint letter with the Chair of London Councils, Khan requested an extension to the rates holiday, which was [...]
Travel may be banned once more, but the City of London continues to look outwards November 2, 2020 Overseas travel is set to be heavily curtailed once again over the coming weeks. But despite this restriction, international trade will remain a vital driver for the global economy as it emerges from the shadow of the pandemic. In particular, the green revolution and transition to digital offer huge investment opportunities worldwide as we look [...]
London lockdown: What the Government’s new rules mean for you November 1, 2020 There are differences between the first UK-wide lockdown of the Spring and what will come into effect from Thursday, so what do new restrictions mean for Londoners?
Waterloo and City line closure set to continue indefinitely October 30, 2020 No date has yet been set for the Waterloo and City tube line to be reopened, London Mayor Sadiq Khan has said. The route – London’s second-most intensively used after the Victoria line – has been closed since lockdown began in March. In answer to a question from Assembly Member Caroline Pidgeon, Khan said that [...]
Corona Impact Series: A vegan stop off Oxford Street October 29, 2020 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: how evaporated demand and high rent obligations ultimately proved fatal for Ethos. Meat-free and plant-based Ethos opened six years ago, catering for vegans by offering ‘deliciously different’ meat-free and [...]
Exclusive: These are the top 50 London startups to work for October 29, 2020 An insurtech startup that has raised just £13m to date is the best startup to work for in London, according to new research. The incentive-based life insurance platform Yulife is the best London-based startup to work for, according to research by recruitment platform Tempo. The startup, which employs just 61 people, has been recognised for [...]
London Tories slam Mayor Sadiq Khan over housing pledge and say he’ll miss home completion targets October 29, 2020 New figures reveal less than a third of the homes London's mayor started building in his first term have been completed.