Being a landlord in central London is no longer very profitable September 11, 2025 London’s most exclusive boroughs are among the UK’s worst places to invest in 2025 as yields continue to dry up, according to new data. Property in Kensington and Chelsea gives landlords the lowest return in the country, according to Archimedia Accounts, with yields of just 1.77 per cent. Westminster fares little better, with a flat costing [...]
Coco di Mama boss: ‘Extreme’ tube strikes pressuring hospitality at crucial time September 11, 2025 Coco di Mama’s boss has said that the significant tube strikes this week have put pressure on the sector at a difficult time. The strikes, which began on September 7, have caused mass disruption in the City as Londoners attempt to find other ways to get to work or opt to stay at home. “It’s [...]
Central London Alliance comments on tube strikes September 9, 2025 | City Talk Central London Alliance, a Community Interest Company, was founded because of the perceived lack of concern, relative silence and failure to consider the urgency of actions to mitigate the disastrous impact of COVID-19, lockdown and the government’s reaction to these. The original purpose of Central London Alliance (CLA) was to support a sustainable, economic recovery [...]
Custom House hotel redevelopment gets green light September 9, 2025 The restoration and conversion of Custom House has been approved by the City of London corporation after sitting empty for four years. The Grade 1-listed building on Lower Thames Street will be turned into a new 179-room hotel, opening up the historic building to the public for the first time. The site will feature a [...]
London fails to reach podium in list of top sport cities September 9, 2025 London has failed to regain a place on the podium for the best sports cities after finding itself fourth for the second consecutive year. European rival Paris secured top spot for the third consecutive year, while US duo Los Angeles and New York made up the top three. London was fourth yet again, having slipped [...]
Demand for Marylebone Village spots drives gains at Howard de Walden September 9, 2025 Rental income at the Howard de Walden estate has soared thanks to demand for retail and office spaces in Marylebone and Harley Street. Despite only a 1.1 per cent increase in property values in the year to March 21, rental income increased by 7.8 per cent to £164.1m from £152.2m in 2024, the estate said. It signed [...]
Burford Capital invests in London-based legal advisory firm September 9, 2025 Dual-listed financial firm Burford Capital has made a minority investment in London-based Kindleworth as the firm seeks to invest in businesses that are “reshaping the legal landscape”. Founded in 2012, Kindleworth was launched as an advisory and consulting service to provide support to law firms, encompassing finance, compliance, technology, HR, operations, and marketing. Since its [...]
UK insurers face ‘data quality’ obstacles in AI adoption September 9, 2025 British insurers are facing a bigger AI obstacle than expected, as poor quality data is preventing underwriters from accelerating adoption. A new report by tech firm CI&T, in collaboration with Reuters Events, revealed that nearly three-quarters (72 percent) of underwriters identified fragmented and unstructured data as the primary barrier to AI transformation. The next top [...]
London Stock Exchange boss: Fix underinvestment for growth September 5, 2025 The boss of the London Stock Exchange has urged the government to fix investment in capital markets to achieve economic growth. Dame Julia Hoggett, the chief executive of the London Stock Exchange, has backed the new ‘Tell Sid’-style campaign announced by Chancellor Rachel Reeves this year in a bid to get Brits investing. Hoggett told [...]
The View from The Shard makes first profit since 2019 September 3, 2025 The business behind the viewing gallery at The Shard has returned to profit for the first time since 2019, it has been revealed. The London attraction has posted a pre-tax profit of £1.6m for 2024 after having fallen to a pre-tax loss of £678,839 in the prior 12 months. The late total comes after the [...]