Khan unveils plan to make housing affordable for key workers November 25, 2024 Mayor Sadiq Khan has launched a consultation on plans to make housing more affordable for Londoners. Khan has proposed rents based on 40 per cent of key workers’ average household incomes, with rent rises potentially linked to wage growth. The proportion of a key worker’s income needed to cover rent on a median one-bedroom property [...]
The City is a gateway to Gulf investment in the UK November 25, 2024 The Gulf is Britain’s fourth biggest trading partner and the City is supporting efforts to strengthen this vital relationship, says Alastair King It was reported last week that the Prime Minister will soon visit Saudia Arabia and the United Arab Emirates, to strengthen economic ties and attract investment, while also discussing how we can achieve [...]
Workspace: London flexible office firm’s profit up despite low occupancy rates November 22, 2024 Flexible office provider Workspace has continued to see an uptick in demand for lettings despite a slight downturn in occupancy rates. The business, which manages millions of square feet of office space across London, saw a 4.3 per cent boost in underlying rental income, bringing it to a total of £60.2m. In line with “good customer [...]
How London can reclaim its spot as a global shipping capital November 21, 2024 London was once a global leader in maritime and shipping, it still has unique advantages that can propel it back to number one, says Adrian Beciri The vibrant activity in the City of London and Canary Wharf, now bustling post-Covid, serve as a powerful reminder of London’s historic and ongoing prowess in financial and professional [...]
Maersk: Shipping giant to relocate from Felixstowe to London Gateway November 20, 2024 Container shipping giant Maersk is to relocate from the Port of Felixstowe to London Gateway following a strategic review of its Asia to Europe services. The Danish firm said the London hub, which carries more than a quarter of the UK’s deep sea shipping cargo, was the “most optimal port” to serve its import and [...]
Has London’s commercial property market finally recovered from the pandemic? November 15, 2024 High-quality office space in London has “continued and sustained appeal” in London, with property take-up finally exceeding pre-pandemic levels, while retail vacancy rates have similarly dipped to their lowest level since 2019. Cushman & Wakefield and Savills have both reported that the central London property market has begun to stabilise, while British property investment trust [...]
A four-day week for tube drivers is a slap in the face for Londoners November 12, 2024 Christmas has come early for tube drivers, who will now work less for more pay. But the government will regret making a deal that proves that strikes work, says James Ford More money for less work. If you’re a trade union official, that is the holy grail you are pursuing on your members’ behalf in [...]
Marula Mining Plc November 1, 2024 | Sponsored Marula Mining Plc (AQSE: MARU A2X: MARU) is an African focused battery metals investment and exploration company and has interests in several high value mining operations and mine development projects in Africa: the Blesberg Lithium and Tantalum Mine, Northern Cape Lithium and Tungsten Project, Korridor Lithium Project and Kruisrivier Cobalt Mine, all in South Africa; [...]
Mendell Helium Plc November 1, 2024 | Sponsored Mendell Helium announced on 27 June 2024 that it has entered into an option agreement to acquire the entire issued share capital of M3 Helium through the issue of 57,611,552 new ordinary shares in Mendell Helium to M3 Helium’s shareholders. The exercise of the option will constitute a reverse takeover pursuant to AQSE Rule 3.6 [...]
Invinity Energy Systems PLC November 1, 2024 | Sponsored Invinity Energy Systems is the leading global manufacturer of modular vanadium flow batteries, the most commercially proven alternative to lithium-ion, for utility-scale energy storage for businesses, industry and electricity networks around the world. The Company has 75 MWh of VFBs deployed at, or contracted for delivery to, 82 sites across 18 countries, more than any [...]