We’re not as stuck as the Brexit blues would have you believe January 28, 2019 IF YOU’RE looking for a meaningful vote of confidence tomorrow, look elsewhere than the sentiments of our 650 MPs. Instead try the 650,000 British businesses registered last year – each one a vote of confidence in the future. But when you’re surrounded by extremes, it’s hard not to get swept away by it all. As [...]
Britain and India are moving towards a bright new future January 28, 2019 The UK’s position on the world stage is about to change forever, but it’s not because of Brexit. In fact, it’s due to a bigger macroeconomic and geopolitical shift: the march of a country that is likely to become one of the world’s future superpowers. A nation with a huge population, an outstanding growth rate, [...]
Ilford named as London’s most burgled postcode while Chelsea is the least at risk January 25, 2019 East London's Ilford has been named as the most targeted area in the capital for burglaries, new figures show. Analysis from over two and a half million insurance claims revealed the postcode areas in the UK and London most at risk of burglaries, as well as the safest. Henley-in-Arden in Warwickshire, on the outskirts of [...]
London startups take the lead in Tech Nation’s fourth Upscale accelerator January 25, 2019 City startups have landed more than two thirds of the places available on Tech Nation’s fourth Upscale acceleration programme, beating out over 100 applicants. The digital entrepreneur network, which also runs a fintech accelerator backed by the Treasury, has selected 30 startups as “ones to watch” in 2019. The fast-growing tech firms will enter the programme’s [...]
DEBATE: Should London impose rent restrictions, as suggested in Sadiq Khan’s campaign plans? January 25, 2019 Should London impose rent restrictions, as suggested in Sadiq Khan’s campaign plans? Dan Wilson Craw, director of Generation Rent, says YES. Londoners are paying some of the highest rents in the world. Building more homes will plug the shortage at the root of this, but that will take a decade or more. We need urgent action [...]
London-based AI and emerging technology festival bags HSBC as lead sponsor January 25, 2019 An upcoming London-based festival of artificial intelligence, blockchain and emerging technologies has named global banking giant HSBC as its lead sponsor. CogX 2019, which takes place at the start of London Tech Week from 10-12 June, will also move to King’s Cross this year, and will feature 500 speakers, 300 startups and more than 15,000 [...]
The US government shutdown drags on, but London never closes for business January 24, 2019 As the longest government shutdown in US history rumbles on – sparked by Donald Trump’s insistence to build a border wall that Democrats in Congress have refused to grant funding for – Wall Street and Silicon Valley have been left in serious IPO limbo. Staff at the Securities and Exchange Commission (SEC) have not worked [...]
Commuter chaos: Black cabs hold up Tottenham Court Road during rush hour for a third day January 23, 2019 Black cab drivers have launched a third day of protests during London's evening rush hour, gathering on Tottenham Court Road and halting traffic. The week-long demonstration, organised by the Independent Taxi Alliance (ITA), is in protest over plans to restrict access to the route as part of a £35m transformation project. The blockade is scheduled to [...]
Santander closures: 14 London branches to be shut down January 23, 2019 Santander has announced that 14 London stores will be shuttered as part of the bank's plan to close a total of 140 branches across the UK. Three branches will be closed in the Square Mile, with the Gracechurch Street, Leather Lane and Ludgate Circus banks facing closure this year. Read more: Santander cuts 140 branches – putting 1,270 [...]
DEBATE: Should we welcome proposals for the so-called Tulip Tower in the City? January 23, 2019 Should we welcome proposals for the so-called Tulip Tower in the City? David Buik, market commentator at Core Spreads, says YES. Sir Norman Foster’s first commercial building in the UK was the Sainsbury Centre of Visual Arts in Norwich, completed in 1974. Now that same architect has designed the Tulip Tower, to be erected and built (subject [...]