Hold on to your hats: Markets brace for referendum turmoil June 20, 2016 Financial markets are braced for one of the most volatile weeks of trading since the height of the financial crisis in 2008. As referendum campaigning resumes following its suspension after the horrific murder of MP Jo Cox last Thursday, analysts said this week could unleash “chaos” on already volatile stock markets. Ranko Berich, head of analysis [...]
Music fans take over Dalston club Passing Clouds after new owners change the locks June 19, 2016 Protesters have occupied Dalston club Passing Clouds, after the site’s new owners changed the locks and announced plans to turn the venue into an office block. More than 200 people gathered outside the club on Friday afternoon, before entering the building and performing a common law eviction of the new owners. The Passing Clouds team [...]
London travel chaos: Rail services disrupted during rush hour at Paddington after train derails leaving reduced service between Reading and London June 17, 2016 Disruption to train services in and out of Paddington Station is expected to continue during evening rush hour today, after a train derailed last night. A non-passenger train derailed and caused damage to signalling and overhead wires last night, according to Great Western Railway (GRW). The station issued a picture of the damage in a [...]
Labour holds Tooting as Rosena Allin-Khan wins by-election brought on by Sadiq Khan’s victory in London mayor race June 17, 2016 Labour has held Tooting after junior doctor Rosena Allin-Khan won yesterday's by-election in the south London constituency. Allin-Khan received 17,894 votes, giving her a majority win of 6,357. She was elected in a by-election brought about by Sadiq Khan's departure to become London mayor. The new MP paid tribute to Jo Cox, who was killed in [...]
The Smithsonian museum is heading to East London thanks to a collaboration with the V&A June 14, 2016 Move over, National History Museum: the US' largest museum has just unveiled plans to come to London – and it's doing so in collaboration with the Victoria & Albert (V&A) museum. In a statement the pair said they've agreed to work on a permanent gallery space at the V&A's East London museum at the Queen Elizabeth [...]
Virgin Active is shredding for summer June 14, 2016 Gym operator Virgin Active is trimming the fat and selling 35 of its UK clubs to rival Nuffield Health as part of plans to refocus on its more exclusive locations. The deal is expected to complete this summer, with the clubs, their members and staff moving across to Nuffield. Virgin Active will have 61 clubs left [...]
London now has one millionaire for every 29 inhabitants as Monaco tops millionaire chart June 14, 2016 London now has one millionaire for every 29 inhabitants, or 3.4 per cent of the population, new research has revealed. The UK capital has climbed from sixth to fifth place in a ranking of the world's top cities per capita for people with net assets worth $1m (£0.7m) or more, excluding the value of their main house. London rival New York [...]
London travel disruption: Bond Street station closed and no service on Jubilee Line between Waterloo and Finchley Road due to person on the track June 13, 2016 Bond Street station is closed this afternoon due to a person on the tracks. The station was evacuated shortly after 3pm when a person jumped onto the Jubilee Line track. There is currently no service on the Jubilee Line going in both directions between Waterloo and Finchley Road stations because of the incident, and there are severe delays [...]
The Queen’s (not so) summer street party in pictures June 12, 2016 The Queen's 90th birthday street party went down in a particularly British way – with drizzle and certainly some soggy sandwiches among the guests in attendance. People lined The Mall in central London near Buckingham Palace to raise a glass to Her Majesty on her birthday, not letting the rain ruin the day and donning a [...]
World Naked Bike Ride has arrived in London June 11, 2016 World Naked Bike Ride has arrived in London – and City A.M. was at the scene, not looking creepy, with a smartphone. The weather could have been better, but literally tens of people still turned up to take part in the event, an annual protest against oil dependency and car culture, in Tower Hill. Read more: One and all [...]