Brexit isn’t a Woolworths moment for commercial property in the City September 28, 2016 In the days following the EU referendum, I found myself looking back to one of the seminal moments of 2008: images showing hundreds of Woolworths shops closing their doors for the final time. At that point, no other event seemed to better illustrate the effects of the global financial crisis on the UK high street. With hindsight, [...]
London’s businesses feel glass half full about Brexit September 28, 2016 London's businesses have remained upbeat about the prospects of the capital in the months after the Brexit vote, research out today has found. Less than a tenth (nine per cent) of SMEs and business owners surveyed by Santander said they were pessimistic about the future of London's economy while not even one in five (16 per cent) think [...]
City Hall is making plans for a bespoke London visa system post-Brexit, Sadiq Khan has said September 27, 2016 London Mayor Sadiq Khan has said City Hall is putting together proposals for a separate system of work permits for the capital. A group of business representatives is working on a model that will ensure London “can carry on recruiting and attracting talent”, Khan told Sky News today. He added that he has already held [...]
Sharing is caring: Airbnb wants half of London homes to be rentable through its platform September 27, 2016 Airbnb wants to help open up more front doors across London, with one of its senior staffers stating today he hopes half the homes in the Capital will be rentable on the platform in the future. However, Olivier Gremillon, managing director for EMEA for Airbnb, also told the audience at the Institute of Directors annual convention that this rather lofty [...]
Mums could boost London economy by £16bn with more flexible working September 27, 2016 A lack of flexible work for stay-at-home mums is costing the capital up to £16bn in lost economic activity every year, a new report has found. Over three quarters of stay-at-home mums in London would go back to work if there were more flexible options, according a survey by Digital Mums and the Centre for Economics and [...]
Government cycle safety campaign from THINK! provokes backlash – from cyclists September 27, 2016 A new cycle safety video from THINK! has sparked a backlash on Twitter from cyclists and motorists alike. THINK!, which is run by the Department for Transport and promotes road safety, highlighted the dangers posed to cyclists by lorries turning left at junctions in a video shared on Twitter. But the film received an immediate [...]
City Giving Day: Community investment is a win-win for business and society September 27, 2016 UBS has operated a community investment programme in London for over 30 years. Never has it, and others like it, been more relevant. The relevance is driven by need; by the state of the UK and indeed of the world today; and by the now demonstrable proposition that companies undertaking such activity benefit both themselves [...]
London SMEs have ranked as the second highest savers nationally, pipped only to the post by the east of England September 26, 2016 London SMEs are the second highest savers into business saving accounts, having an average of £829,000 stashed away, according to research released yesterday. However, the Hampshire Trust Bank study also found that SMEs in the east of England have overtaken London SMEs since last year to be named the biggest savers, with an average of [...]
London transport disruption: Commuters facing delays on Bakerloo Line after person killed by train September 26, 2016 The Bakerloo Line has been suspended in central London after a person was struck by a train at Oxford Circus station earlier this afternoon. There is no service on the line between Elephant & Castle and Paddington "due to a person on the track", Transport for London said. https://twitter.com/bakerlooline/status/780401450795036672 British Transport Police said they were called to Oxford [...]
Northern Line Night Tube to launch on Friday 18 November – reports September 26, 2016 The Northern Line Night Tube is reportedly set to launch on Friday 18 November. A BBC journalist tweeted that Tube staff have been informed of the start date. NEW: Tube staff have been told Northern line night tube will start Friday 18th November. Nothing official yet. — Tom Edwards (@BBCTomEdwards) September 26, 2016 However, a [...]