Property prices and need for more space are putting London’s future growth at risk, according to Centre for London think tank April 13, 2016 High property prices and the need for more space is putting London's future growth at risk, according to a report from think tank Centre for London. A growing demand for space is pushing startups and universities out of central London where they lack the support needed to compete on the global stage. These areas could [...]
Canary Wharf offices evacuated over suspicious vehicle near South Quay DLR station April 12, 2016 Office workers close to Canary Wharf have returned to work after being evacuated due to a "suspicious vehicle" in the area. Several buildings near South Quay station to the south of the main towers of Canary Wharf were evacuated and the area cordoned off following reports to the police. They were called to the scene just before 10am [...]
Londoners, take note: There’s going to be a huge anti-austerity march from Gower Street to Trafalgar Square this Saturday April 12, 2016 Londoners, take note – there's going to be another huge anti-austerity march in the capital this weekend, with thousands of people being bussed in from around the country to demonstrate against the Conservative government's cuts. The March for Health, Homes, Jobs and Education will take place on Saturday 16 April, with participants meeting at Gower Street [...]
London mayoral election: Sadiq Khan and Zac Goldsmith trade blows over transport policies and tax hikes April 11, 2016 Mayoral candidates Sadiq Khan and Zac Goldsmith have launched stinging attacks on each other this morning in a fiery exchange that sets the scene for an explosive final few weeks of the campaign to succeed Boris Johnson. Khan’s flagship policy to freeze transport fares for four years was branded “financial illiteracy” by Goldsmith’s team as transport [...]
Commercial rents rocket across capital – with prices in Shoreditch tripling and Clerkenwell, Farringdon and St James’s property rates doubling April 11, 2016 London's commercial rents have surged by an average of 70 per cent over the last five years, according to new research. Figures from EY show that areas including Clerkenwell, Farringdon, and St James’ have seen prices charged to rent out commercial property double. Rents in Shoreditch have almost tripled, from an average of £17 per [...]
Looking for love? This is where all the high-achieving singles are in London April 8, 2016 Looking for love in the city? London may feel like a lonely metropolis when you're avoiding eye-contact with everyone on the morning commute, but there are singles out there – if you know where to look. Data from dating site Elite Singles, seen by City A.M., shows which parts of London have the most high-flying singles in the city. [...]
Map: How much you need to earn to live in every London postcode April 7, 2016 Londonders are obsessed with how much it costs them just to have somewhere to kip at the end of the day. Understandably so. Rents are rising faster in the capital than anywhere in the country, while wages for full-time workers have been creeping up at a painfully slow rate. Yesterday, Sadiq Khan caused ripples when he [...]
This is how many Londoners have been a victim of card fraud in the past year, and we’re running scared from contactless as a result April 7, 2016 Although the queue to get to card readers on your commute may beg to differ, Londoners are becoming increasingly terrified to tap. One in five Londoners (20 per cent) has fallen victim to card fraud in the past year, leading many to question the city's love of contactless payment, a survey released yesterday has found. [...]
Renters in London are having the hardest time of all, suffering the smallest pay rises in UK and soaring housing costs April 6, 2016 If you rent a house in London and work full-time, chances are the economic recovery has been something you read about in the newspapers but haven’t felt in your pocket. That’s because over the last three years, London has experienced the slowest growth in average wages of any part in the UK, but the fastest increases [...]
Why London is the best place to educate your kids April 4, 2016 If you've considered moving out of London to give your kids a better upbringing, you might want to think again. It seems staying in the capital is better when it comes to one essential factor – schooling. London has the best performance at secondary school level of anywhere in the country and more than half of [...]