494 more UK coronavirus deaths in last 24 hours May 13, 2020 Another 494 Brits have now died from coronavirus, according to government count of confirmed cases released this afternoon. The new figures bring the total to 33,186 UK coronavirus deaths since the outbreak hit British shores. And another 3,242 people tested positive for coronavirus yesterday to bring the total to 229,705 cases in the UK. The [...]
City Hall report: A quarter of London businesses on brink of collapse May 13, 2020 Almost a quarter of London businesses are on the brink of collapse, according to new figures from City Hall. A YouGov survey commissioned by City Hall’s London Growth Hub found 23 per cent of the capital’s businesses won’t last more than two months of the coronavirus lockdown, which began on 13 March. The report found [...]
Exclusive: UK-Japan trade deal to give London a £383m per year boost May 12, 2020 A potential UK-Japan free trade deal would provide a £383m boost to London’s economy each year, City A.M. can reveal. Estimates from the Department of International Trade, and seen by City A.M., show a trade deal between the two nations would be a major boon to the capital, particularly its financial and professional services industries. [...]
UK coronavirus deaths top 38,000 May 12, 2020 The UK’s coronavirus death toll surpassed 38,000 in early May, by far the worst recorded in Europe, data showed today. Including suspected cases, UK coronavirus deaths numbered 34,978 on 1 May in England and Wales, according to the Office for National Statistics (ONS). With previous data for Scotland and Northern Ireland that took the UK [...]
Mayor candidate Shaun Bailey: TfL bailout was ‘inevitable’ May 11, 2020 London mayoral candidate Shaun Bailey has claimed that Transport for London’s (TfL) bailout bid was “inevitable” and would have happened even without the coronavirus crisis. The Tory candidate told City A.M.’s daily podcast The City View that TfL was “bankrupt, virtually” and that its bid for a £2bn bailout from central government was because of [...]
Coronavirus lockdown: London records busiest week since restrictions began May 11, 2020 Central London has recorded the busiest period since the UK coronavirus lockdown began, as more people returned to work and the government moved towards easing restrictions. Pedestrian activity in central London was up 10.2 per cent last week, driven by a sharp uptick on Tuesday, Wednesday and Thursday as more workers travelled around the capital. [...]
The City View podcast, from City A.M., with Shaun Bailey May 11, 2020 In this episode Christian talks to the Conservative candidate for Mayor of London, Shaun Bailey. Subscribe to The City View Podcast: Apple / Google / Spotify / RSS Bailey launches a stinging criticism of the Mayor, Sadiq Khan, for “being too slow” in leading the capital’s response to the pandemic. He also warns the Mayor [...]
London house market set for £52bn post-lockdown splurge as transactions stall May 11, 2020 London property buyers could be set to splurge £52bn once the lockdown is lifted due to huge pent-up demand as coronavirus brings the market to standstill. The figure represents the potential spend for residential buyers and marks a 20 per cent increase on the same time last year. It comes as the number of lost [...]
Captain Tom Moore to be honoured with City of London award May 10, 2020 The 100-year-old who captured the nation’s heart Captain Tom Moore will be awarded the Freedom of City of London award next week. Moore has raised more than £33m for the NHS during the coronavirus crisis by doing laps of his backyard on his walking frame. The World War II veteran, who has been tipped by [...]
TfL seeking a £2bn bailout from central government May 10, 2020 Transport for London (TfL) is seeking a £2bn bailout from the government after its finances have been plunged into dire territory by the coronavirus crisis. TfL bosses, including London mayor Sadiq Khan, are in talks with Whitehall to secure the emergency funding after the crisis has left the body with just £1bn in the bank, [...]