Brexit day: Boris Johnson to hail ‘dawn of a new era’ January 31, 2020 Prime Minister Boris Johnson is set to hail the “dawn of a new era” in a speech to the country on Brexit day. At 11pm today, the UK will officially ends its 47-year membership with the European Union. Johnson will say the night marks “the moment when the dawn breaks and the curtain goes up [...]
Tulip Tower could still go ahead as appeal process begins January 30, 2020 The developers behind the Tulip Tower have submitted an appeal against Sadiq Khan’s decision to block it. The Tulip Project has submitted a planning appeal against the mayor’s decision to reject planning permission last year. The project is supported by architects Foster & Partners and developer J. Safra Group. A public inquiry will take place [...]
London investors brace themselves for a volatile 2020 January 29, 2020 The majority of London investors feel that the international political landscape is making the markets more volatile, according to new research. A survey commissioned by trading broker HYCM found that 71 per cent of London investors felt that international politics was increasing volatility. It compares to 57 per cent of all respondents. As a result, [...]
Citymapper appoints advisers amid takeover interest January 28, 2020 Public transport app Citymapper has tapped advisers from US bank Raine after receiving overtures from several global tech firms. Sources told Sky News that the platform, which is available in 41 cities, brought Raine on board last week to guide it through discussions with several suitors. The expressions of interest, which were unsolicited, relate to [...]
With 100 days to go, can Sadiq Khan lose the 2020 London mayoral election? January 28, 2020 Even Sadiq Khan’s biggest critics would acknowledge his skill in working a crowd. The mayor of London glides from person to person, selfie to selfie, handshake to handshake. At a time when politicians are not exactly enjoying public favour, he seems to have plenty of Londoners firmly on his side. The response toward Khan by [...]
Rumble at the Old Bailey: Police called after ‘violence’ at gangland murder sentencing January 27, 2020 Police attended an incident at the Old Bailey today after people were thrown out of court following reports of violence in a gangland murder trial sentencing. The City of London Police said it deployed officers for “reassurance” after people were ejected from court this afternoon at the sentencing of the killers of knife crime victim [...]
Secret Cinema signs deal with Disney for immersive film productions January 27, 2020 Secret Cinema today said it has signed a multi-title agreement with Disney to bring some of the entertainment giant’s biggest hits to life in London. The immersive cinema company said the first shows will premiere in the capital this year, with plans to expand the events to Los Angeles and New York. Secret Cinema was [...]
Audit regulator proposes challenger firms get larger share of the work January 25, 2020 The Financial Reporting Council (FRC) has proposed a regime to the government that would see challenger firms outside the so-called big four auditors be given a substantial proportion of the audit work of major British companies. The accounting regulator has drawn up plans behind closed doors that would require all but the very biggest FTSE-350 [...]
FCA facing calls to probe ‘concerning’ pension transfer advice January 25, 2020 The Financial Conduct Authority (FCA) has been urged to contact more than 160,000 people who cashed in their final salary pensions since 2015 and may have received bad pension transfer advice. The FCA revealed earlier this week it was worried nearly 80 per cent of firms had provided bad advice in the market, which is [...]
Chinese New Year 2020 in London: Where to celebrate the Year of the Rat January 25, 2020 With the Chinese New Year officially upon us, it is time to decide how to celebrate the beginning of the Year of the Rat – the first animal in the Chinese zodiac cycle. In Chinese culture, the rat is seen as a sign of wealth and surplus. Married couples would also traditionally pray to the [...]