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 [...]
Jobs will stay in City after Brexit, says top asset manager November 8, 2018 Jobs will not leave the City of London in huge numbers after Brexit, the head of one of the country’s biggest asset managers has said. Martin Gilbert, the co-chief executive of Standard Life Aberdeen, said he is “positive” about the City’s future, and believes Dublin will be the big winner as jobs are created there [...]
AJ Bell posts double-digit growth in run-up to London float November 8, 2018 AJ Bell’s revenue soared nearly 20 per cent in the year to September, giving the investment platform a fresh dose of confidence ahead of its float later this year. The Salford-based group announced today that revenues had soared by 19 per cent to £89.7m over the 12 months to September, with pre-tax profits rising 31 per [...]
Fintech startup Monese crashes a ‘Brexit meteorite’ in front of London’s King’s Cross station November 8, 2018 London-based digital banking fintech startup Monese today unveiled its Brexit warning to UK consumers, as its Meteorite sculpture smashes into the ground in front of King's Cross station. The installation is designed to pique the interest of passersby on what life could be like post-Brexit. It was claimed in September that the UK will be the last [...]
Be wary of taking the golden goose of London for granted November 8, 2018 Last week’s Budget saw two infrastructure spending announcements for London. The first was a cool £291m to buy more DLR trains and convert a depot into housing. This will facilitate 18,000 homes – in reality, about four months’ worth of London’s annual need for housing. The second was £5m for a Westminster Ceremonial Streetscape project. [...]