Office cycle bays risk being spectacular ‘eco-own goal’ February 14, 2025 A property group has warned that London’s cycling policy is actually harming the environment, with too many cycle bays and not enough cyclists to fill them. The City Property Association (CPA) has calculated that under the current London Plan, the City of London’s target to deliver 1.2 million sqm of new office space by 2040 [...]
‘First of its kind’ sustainable skyscraper gets green light from City of London February 11, 2025 Planning permission for an innovative 33-story tower at the old headquarters of M&S has been approved by the City of London Corporation, the latest in a string of top-quality skyscrapers approved in the capital. The building at 70 Gracechurch Street, originally constructed in 1990s as the headquarters for Marks and Spencers, will deliver over 550,000 [...]
UAE royals-linked Esyasoft finally offers deal for UK’s Good Energy January 28, 2025 Dubai-based energy company Esyasoft has offered to buy Chippenham-based renewable electricity supplier and energy services provider Good Energy, after extending the deadline to make an official offer three times. The motion is now awaiting a shareholder vote. The deadline had previously been delayed to allow more time for Esyasoft to progress its due diligence exercise, [...]
At 1 Hotels, luxury means something different January 18, 2025 As 1 Hotels prepare for their biggest rollout of openings, Adam Bloodworth explores the brand’s intriguing formula Sure, you can have a great dinner, and yep, the spa’s so nice you could easily pop in for an hour but end up spending the whole afternoon. But it isn’t an obvious type of luxury that appeals [...]
Retail in 2025: The year of personalisation, AI, wellness – and no more barcodes December 24, 2024 2024 has been a tough year for retail. From companies sounding the alarm on business rates in the first half of the year to low consumer confidence and footfall proving stickier than expected, the festive period has now been overshadowed by stark warnings about further cost rises next year. Restructuring partner at RSM UK, Gordon [...]
Underground air to heat London’s iconic buildings November 6, 2024 Excess heat from London’s Underground will power iconic buildings in a new £1bn net zero scheme. This low-carbon network will soon channel excess heat from the Underground to power several sites in central London, namely Downing Street and the National Gallery. This comes following last week’s Budget, in which chancellor Rachel Reeves announced significant investments [...]
Canary Wharf unveils ‘urban oasis’ in historic partnership with the Eden Project October 2, 2024 Canary Wharf has unveiled a groundbreaking biodiversity scheme with the Eden Project, as the banking district goes green to improve workers’ experiences. The first-of-its-kind Eden Dock was unveiled on Wednesday, with the Canary Wharf Group (CWG) describing it as an “urban oasis”. The partnership will improve biodiversity in the area and offer more touch points [...]
Fashion brands told to ‘stay on the right side of the law’ amid greenwashing claims September 18, 2024 Some of the most high-profile fashion brands in the UK have been warned to be clearer on their green credentials by the UK competition watchdog as it clamps down on misleading marketing. The Competition and Markets Authority (CMA) has issued a new sustainability compliance guide for retailers and told 17 brands to review their practices. [...]
Meet the zero-emission parcel delivery start-up on a mission to change the industry August 12, 2024 How often do you find yourself frustrated with your local parcel delivery service?
Demand for sustainable buildings drives office space take-up in London August 2, 2024 Leasing activity increased notably in the second quarter of the year, driven by financial firms and demand for sustainable office space.