Government hands London’s heritage organisations a £103m lifeline October 9, 2020 More than 100 heritage sites across the capital are set to receive a lifesaving financial boost from the government’s Culture Recovery Fund. The Old Royal Naval College in Greenwich is among 129 recipients across London to receive a share of the £103m Culture Recovery Fund for heritage, to help them through the pandemic. The funds [...]
London minister hits out at Sadiq Khan for ‘mixed messages’ during Covid October 8, 2020 Boris Johnson’s London minister has hit out at Sadiq Khan for sending “mixed messages” and for being two-faced in his dealings with the government. Paul Scully said today that Khan had “worked collaboratively” with the government behind closed doors during the Covid pandemic, but that he too often then goes on to attack the Prime [...]
Optimism rises among financial services firms as business volumes stabilise October 8, 2020 Optimism within the financial services sector increased for the first time in three quarters as business volumes showed signs of stabilising following the initial shock of the coronavirus crisis, a new survey showed. Sentiment among finance firms rose nine per cent in the three months to the end of September, according to the Confederation of [...]
Back London today — so that London may back the UK tomorrow October 8, 2020 At the Conservative Party Conference this week, chancellor Rishi Sunak promised he “will always be pragmatic”. Right now, however, the policies governing our towns and cities appear anything but pragmatic. Given that the UK’s major cities, and especially London, are going to be vital in helping our economy recover from the impact of Covid-19, it [...]
Pubs and bars in row over late night levy as 10pm curfew sinks sales October 7, 2020 Pubs and bars have urged the government to scrap a tax on late night openings after it emerged many venues are still being charged despite being forced to close at 10pm. The late night levy is charged by some councils on venues selling alcohol between midnight and 6am as a way of paying for additional [...]
Major evacuation from St Paul’s after suspected gas leak October 6, 2020 More than 200 people have been evacuated from St Paul’s Cathedral and surrounding businesses after a suspected gas leak. The London Fire Brigade said it had been called to a restaurant and office block in St Paul’s Churchyard at 1.20pm on Tuesday. The fire service said it believed it had been a gas leak from [...]
Exclusive: New £90m fund chases proptech startups across UK and Europe October 6, 2020 A new investment vehicle that will invest in real estate-technology companies in Britain and across Europe has been launched. BNP Paribas Real Estate, the property arm of BNP Paribas, has joined venture capital firm Fifth Wall, which launched the European Proptech Fund. The vehicle aims to invest in fast-growing European property technology-focused startups, or proptech. [...]
JP Morgan to offer lucrative investment banking jobs to school leavers October 6, 2020 Investment bank J.P. Morgan will soon offer school leavers a fast-track route to a lucrative investment banking job, namely via one of its UK apprenticeships. The bank’s so-called four-year Level 6 Financial Services Apprenticeship programme will enable individuals to ‘earn as they learn’, provided they complete a degree in Applied Finance at the University of [...]
Young Londoners buck trend to leave the capital due to coronavirus pandemic October 6, 2020 Young people are keen to continue living in London despite the trend, sparked by the coronavirus pandemic, to seek bigger and cheaper housing outside of the capital, according to the latest research. Research published this morning showed that 73 per cent of Londoners aged 25 to 44 were planning to remain in the capital, compared [...]
O2 Arena to resume live events in December with Squeeze gig October 5, 2020 The O2 Arena has announced plans to resume live events for the first time in eight months in December with a gig headlined by 70s rock group Squeeze. The Cool for Cats rockers will play to socially distanced fans on Saturday 5 December in the first concert at the east London venue since it was [...]