Opinion: Sadiq Khan should be careful what he wishes for when it comes to rent controls in London February 1, 2019 The recent news that Mayor of London Sadiq Khan is moving ahead with plans to impose rent controls on London’s housing market comes as no surprise. Khan’s been contemplating regulation for some time and it featured in his 2016 pre-election manifesto, but nearly three years later, we still haven’t actually seen a concrete policy. Khan [...]
Property of the Week: Leinster Gardens, the HQ of Andreas Papadakis’ publishing house Academy Editions goes on sale February 1, 2019 Faithful followers of fashion in interior design and architecture will have heard of Academy Editions. Leinster Gardens, Bayswater, £7.95m Back in the 1970s, it published over a thousand influential books and magazines dedicated to architecture and the decorative arts, drawing artists like Roy Lichtenstein, David Hockney and Charles Jencks to the Bayswater headquarters of the [...]
Rough sleeping in the Square Mile nearly doubled last autumn January 31, 2019 The number of rough sleepers in the Square Mile rose to 67 during autumn last year, up 86 per cent on the year before. A new government report found the City of London to have the ninth-highest number of people sleeping in the open air of any local authority in England. Local councillor Tijs Broeke [...]
Snow to hit London tonight as Southeastern warns of busier peak trains January 31, 2019 The Met Office has issued an amber “danger to life” warning for parts of the UK as icy roads and heavy snow up to 10cm deep is expected to settle a day after the cold snap led to disruption for airports and schools. Hours of snowfall tonight could lead to between 3cm and 7cm of snow accumulating [...]
London salaries 2019: Which jobs will get you a pay rise? January 31, 2019 Talent has rarely been so in demand as it is in 2019. Against a backdrop of a record employment rate, UK wages keep going up, with pay growth hitting a post-financial crisis peak of 3.3 per cent in late 2018. Read more: Employment rate hits new record as wages grow But as a UK-wide average [...]
Amazon’s UK boss Doug Gurr appointed a trustee at the National Gallery January 30, 2019 Prime Minister Theresa May has made the UK country manager of Amazon a trustee of the National Gallery. Doug Gurr, who was also formerly president of Amazon in China, first joined the e-commerce site in 2011. A statement from the Department for Digital, Culture, Media and Sport said Gurr had previously worked for the UK government, and [...]
Westminster City Council to spend £28m tackling traffic and air pollution along the Strand January 30, 2019 Westminster City Council has pledged £28m to tackle the traffic jams and air pollution plaguing the Strand and transform the area into a “world-class cultural and learning quarter”. The local authority plans to address the “poor public spaces and safety” and traffic congestion around the Strand Aldwych, seeking feedback from the public as it develops its [...]
London prepares for significant snowfall as UK airports close in cold snap January 30, 2019 Significant snowfall is set to hit London and the south-east this week, with minimum temperatures of -5°C and up to 5cm of snowfall expected over the next few days.. Widespread hard frost and “very significant snow” will likely cause disruption to motorists across the country over Thursday and Friday, with temperatures in parts of Scotland expected to [...]
London’s workers and employers must work together to train, develop, and prepare for the future January 30, 2019 With Brexit uncertainty looming over the economy and a burgeoning skills crisis, career progression and stability are at the forefront of workers’ minds. In fact, new research from City & Guilds Group, released today as part of the celebrations for our 140th anniversary, shows that 82 per cent of workers in London believe that it [...]
London Stock Exchange to buy €278.5m stake in Euroclear January 30, 2019 The London Stock Exchange (LSE) has expanded its reach in Europe with an agreement today to acquire a nearly five per cent stake in clearing house Euroclear. The LSE said today it will buy an aggregate 4.92 per cent stake in Euroclear’s share capital for €278.5m (£241.9 million). Brussels-based Euroclear provides settlement, custody and collateral management [...]