The worst is over? Pent-up demand helps stabilise London’s super prime property market after double-digit declines May 29, 2018 Pent-up demand has helped stabilise London's super-prime property market – but that still hasn't stopped parts of the capital experiencing double-digit declines. Chelsea has endured the steepest drops in prices of £10m-plus homes according to Knight Frank, down 15.5 per cent between August 2015, when the market peaked, and March this year. But there are [...]
US fintech investor Motive Partners chooses Canary Wharf as its European base March 21, 2018 US growth investor Motive Partners has chosen Canary Wharf as a home for its new European hub. The firm, which focuses on fintech investments and has already made two deals, said it was “essential” to have a base in London due to its status as a fintech capital. “You can’t claim to be an important [...]
Record-breaking Chinese tourists in the UK inspires schemes to continue the momentum March 13, 2018 The UK is trying to build on its momentum of record-breaking Chinese visitors — and money — into the country. Nearly 532,000 visitor visas for the UK were issued to Chinese residents last year, and Global Blue, a tourism tax refund company, found that Chinese visitors accounted for 25 per cent of all the tax-free [...]
Number of UK startups launched in 2017 drops amid “muted” government support January 28, 2018 The number of startups launched in 2017 dropped more than 10 per cent to just over 589,000 last year, according to figures published today by the Centre for Entrepreneurs (CFE) think tank. Data from Companies House showed 589,008 new businesses set up shop in 2017, down from 657,790 the previous year. This marked the first [...]
City of London steps up Brexit diplomacy as financial services white paper is shelved January 23, 2018 The City is seeking to take control of its post-Brexit future by ramping up engagement with EU member states, as it emerges that ministers have shelved plans for a financial services white paper. Meetings have been taking place with weekly envoys from the City of London Corporation and TheCityUK meeting ministers from across the continent. [...]
Five things you should know about the new US embassy in “off location” Nine Elms January 12, 2018 Donald Trump may not be impressed with London's new US embassy building in Nine Elms – but the new £800m site has been in the works for a decade, and is one of the world's safest buildings. Trump was due to cut the ribbon at the embassy at the beginning of next month, but he [...]
These are officially the 11 best towns to commute to London from January 2, 2018 Rail fares may have gone up today, but that doesn't mean moving out of London is out of the question: a new ranking has revealed Luton is the best place to commute to the capital from. Yes, despite having been voted the worst place to live in the UK last year, Luton has taken the [...]
Here’s what the bookies say about Prince Harry’s wedding December 15, 2017 Bad news for Prince Harry and Meghan Markle: after the happy couple revealed the date of their nuptials next year, bookies have tipped rain. Bookies at Betway put odds of 15/8 on it raining on 19 May, the day of the couple's wedding, while they put the chances of the wedding attracting more viewers than [...]
Tube problems will “continue all day” after seven lines were suspended at rush hour November 6, 2017 Problems on at least one Tube line are set to continue for the rest of the day, after a nightmare rush hour in which seven Tube lines were hit by suspensions or delays. Nigel Holness the director of network operations at London Underground, apologised to customers, but said problems on the District Line are likely [...]
NFL fan? These are London’s 10 best sports bars to watch US sports October 27, 2017 With the NFL and NBA seasons in full flow and the MLB world series reaching its climax, it's time to crack out your best Stars and Stripes garb and head out to an American sports bar. We've rounded up the capital's 10 greatest places to watch US sports – whether it's a bloody brawl on [...]