Funeral provider Dignity sees share price slide as profits drop amid rising competition November 12, 2018 Funeral provider Dignity saw shares slide more than six per cent today after it reported a £10.8m drop in profits. The 14 per cent dip in profit to £68.6m in the year to the end of September, compared to £79.4m in the same period last year, comes as the group fought off competition from rivals. [...]
How London’s high streets can weather the brewing retail storm November 12, 2018 London rightly bears the distinction of being one of the world’s most attractive places to live and work. But with that label comes risks as well as opportunities – and often, trends that we see across the country play out far more dramatically when it comes to our capital. Take our latest research into the [...]
Embracing digital technology will help the City to shape the future of the UK November 12, 2018 As the 691st lord mayor of the City of London, I follow a long continuum dating back to 1189, before the Magna Carta. My focus over the next 12 months will be on how the City can help shape the UK’s future. In the eighteenth and nineteenth centuries, British innovations such as railways, cotton mills and [...]
Crowds gather to mark 100th anniversary of WW1 on Remembrance Sunday in London November 11, 2018 Politicians, the Royal Family and the military will mark the 100th anniversary of the end of the First World War this Remembrance Sunday as the nation holds a two minute silence. The National Service of Remembrance is held at the Cenotaph in Whitehall at 11am to commemorate British and Commonwealth soldiers killed in the First [...]
Square Mile lags behind Orkney Islands to clinch the slowest internet in Britain November 9, 2018 Homes in the City of London have the slowest internet in the country, with speeds even in the remote Orkney Islands outstripping the square mile, a study has shown. Residential fixed-line broadband speeds average 15.1 megabits per second in the City, almost seven times slower than York, which is the fastest in Britain. This puts the Square [...]
Bitcoin mail bomber ‘snapped’ after customer service refused to reset his password November 9, 2018 A man who tried to blow up a Hackney cryptocurrency firm which refused to reset his password has been jailed for over six years. A court in Sweden found Michael Salonen guilty of attempted murder this morning after he sent a mail bomb to London-based Cryptopay. He was also sentenced to six months for sending [...]
The Lord Mayor’s Show: Everything you need to know about the City’s annual extravaganza November 9, 2018 The annual new Lord Mayor procession will this year take place tomorrow through the streets of central London. Who is the new Lord Mayor? Alderman Peter Estlin will become the 691st Lord Mayor of London and will ride in a gold state coach during the procession, which has become tradition since its inauguration in the 16th century. Lord Mayor [...]
Man and woman arrested over terror offences in north London November 9, 2018 Two people have been arrested today as part of an investigation from the Met police’s counter terrorism unit. Officers arrested a 57-year-old man and a 20-year-old woman at an address in north London. The man was arrested on suspicion of the commission, preparation and instigation of terrorist acts, while the woman as arrested on suspicion [...]
Workers in the capital deserve to be paid the London Living Wage November 9, 2018 Few people would disagree that if you get up, go to work every day, and put in the hard graft, then you deserve to earn an income you can live off. And yet, nearly a fifth of all jobs in our city do not pay a subsistence wage, leaving hundreds of thousands of Londoners struggling [...]
British tourism will thrive – from the EU and beyond and whatever the weather November 9, 2018 Tourism is worth £66bn a year to the British economy, and its importance to our country will only continue to grow. This week, London’s Excel hosted the World Travel Market. It is the UK’s most significant annual tourism event, where deals worth almost £3bn are estimated to have been signed. Some 50,000 visitors are believed [...]