London fashion retailer Farfetch raises over £75m in funding round May 4, 2016 Online fashion retailer Farfetch has raised $110m (£75.6m) in its latest funding round to augment expansion plans in the Asia-Pacific region. The London-based luxury shopping platform plans to use the funding to expand in China, Farfetch’s second largest market, Japan and other Asia-Pacific countries. China represents 12 per cent of the company’s sales with Asia-Pacific collectively representing [...]
Still undecided on the London mayoral election? Zac Goldsmith and Sadiq Khan interviews – head to head May 4, 2016
Labour’s Sadiq Khan can’t be trusted to deliver for Londoners – but Zac is a man I can do business with May 4, 2016 When I first became chancellor six years ago, I inherited a British economy and a London economy that were on their knees. It’s why on day one we immediately put a plan in place to rescue the public finances while laying the foundations for recovery. London led that recovery, bouncing back first and fastest. With [...]
Now Zac Goldsmith’s campaign claims it’s as quick to commute to Venice than it is to reach Bromley on the train May 3, 2016 It may be the final few days of London's mayoral election, but things are continuing to heat up – after Zac Goldsmith's campaign made some pretty strong claims about the capital's commute times. The Conservative candidate's campaign has crunched the number and discovered it takes as long for some of the capital's commuters to reach [...]
Zac Goldsmith seems to have found his mojo: But is it too late to defeat Sadiq Khan? May 3, 2016 City Social, on the 24th floor of Tower 42, is used to hosting London’s power brokers, and it would take an interesting guest to tempt the diners to look up from their menus or their phones. Nobody reaches for their cameras when I take a window seat with Zac Goldsmith, but they definitely notice him. [...]
Failure to tackle the scourge of rising rents will undermine London’s startup renaissance May 3, 2016 Wikipedia founder Jimmy Wales once said that “in the US, Washington is politics, LA is Hollywood, San Francisco is tech, New York is advertising and finance, but London is all of those things.” If anything, he is selling our city short; throw in the culture of the city that shaped creative geniuses such as Charles [...]
As London goes to the polls this week, which mayoral candidate would be better for business? May 3, 2016 Karren Brady, businesswoman and Conservative peer, says Zac. The next mayor has to be able to work with this government, above all to deliver the infrastructure to cope with a growing population. It’s a scandal, for example, that Bank station – probably the most important tube station in the financial world – gets closed once a [...]
Do you live in these areas paying the most income tax in Britain? May 2, 2016 Residents of Elmbridge in Surrey, dubbed the Beverly Hills of Britain, are paying more income tax than any spot in the country, new research reveals. Home to high profile celebrities such as Elton John and sports star Andy Murray, those living in the area are paying £17,800 in income tax each year, on average, and five [...]
Fire alarm closes High Street Kensington tube station April 29, 2016 High Street Kensington underground station has been evacuated after an electrical room in the adjacent shopping centre was flooded and a fire alarm went off. Shortly before 12.30pm, London Fire Brigade (LFB) responded to reports of a fire alarm which was sounded in shops close to the underground station. A crew of three fire trucks [...]
Housebuilding in London has plummeted in the run-up to the mayoral election: Here’s which boroughs are approving the fewest new homes April 28, 2016 It seems the capital's local authorities have got a case of the heebie-jeebies in the run-up to the mayoral election – after a new report showed approvals for new homes have plummeted. The report, by estate agent Stirling Ackroyd, found London boroughs gave the thumbs-up to a mere 4,320 homes in the first quarter of the [...]