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      City sounds alarm on £40bn foreign M&A offensive targeting ‘cheap’ UK firms

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London

  • UK housing market continues strong recovery as prices surge

    September 30, 2020

    UK house prices rose by five per cent in September compared with a year previous according to the latest data from Nationwide. The building society said the annual rate of growth was at its highest in four years as the post-lockdown recovery continued. Its lending data revealed that there had been a 0.9 per cent [...]

  • London Marathon to use cutting-edge technology to enforce social distancing

    September 30, 2020

    The London Marathon is set to take place this Sunday and the participating athletes and event organisers will be able to socially distance thanks to new, wearable technology. All 100 elite athletes across the men’s, women’s and wheelchair races, as well as 500 of the event’s organisers, will wear Bump devices to alert them when [...]

  • Lockdown entrepreneurs given chance to secure West End retail space

    September 29, 2020

    Entrepreneurs that have established new brands during the UK coronavirus lockdown could secure physical retail space in the West End through a pop-up incubator initiative. West End landlord Shaftesbury has launched a scheme to offer retailers the chance to operate from a pop-up store in Seven Dials in a bid to support new businesses. The [...]

  • Sadiq Khan warns of return to ‘bad old days’ without new TfL bailout

    September 28, 2020

    Sadiq Khan has warned that Transport for London (TfL) will return to the “bad old days” of crumbling infrastructure and unreliable services if the government does not provide it with a second bailout. City Hall officials are currently in negotiations with government over a new financial support package for the transport operator, which has had [...]

  • Covid-19: Protesters clash with police at anti-restrictions rally in London

    September 26, 2020

    The Metropolitan Police and protestors have clashed at a rally against coronavirus restrictions in Trafalgar Square after officers attempted to disperse the crowd for “not complying” with social distancing. Thousands of people attended the “We Do Not Consent” protest in the centre of London and did not social distance or wear masks as they protested [...]

  • Coronavirus: UK reports 6,874 new cases as Covid-19 R number rises again

    September 25, 2020

    There were 6,874 new cases of Covid-19 confirmed in the UK on Friday after the coronavirus R number was also confirmed to be on the rise. The number of confirmed infections increased by 240 compared with Thursday. The number of deaths among those who had tested positive for Covid-19 within 28 days was 34. Today’s [...]

  • Deutsche Bank to change work-from-home policies permanently in bid to reduce office costs

    September 25, 2020

    Deutsche Bank is set to make flexible working policies permanent to allow staff to work from home on a set number of days per week. Like other lenders, Deutsche Bank has discovered during the pandemic that reducing office space could be a viable way to lower costs. Chief executive officer Christian Sewing said the board [...]

  • Record number of companies turn out for City Giving Day 2020

    September 23, 2020

    A record number of organisations took part in this year’s City Giving Day as companies gathered online in spite of the pandemic to celebrate the City of London’s philanthropic side. Over 460 companies registered for this year’s event, which raised money for charities such as Place2Be, Onside Youth Zones, Samaritans and The Duke of Edinburgh’s [...]

  • Sadiq Khan warns of ‘new restrictions’ for London

    September 21, 2020

    London Mayor Sadiq Khan has this afternoon said that he will implement “new restrictions” on the capital in order to slow the spread of the coronavirus disease. “I have just met with local council leaders from all parties and public health experts to agree a new London plan to slow the spread of the virus [...]

  • Lord Mayor’s Show cancelled due to coronavirus

    September 21, 2020

    The coronavirus pandemic has forced the cancellation of one of London’s best known events for the first time in over 150 years. The Lord Mayor’s Show, which dates back hundreds of years, was due to have been held on 14 November, but the decision has now been taken to call it off. Due to the [...]

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