London house prices crater as UK reports biggest drop since 2011– but experts are doubtful of data January 17, 2024 The capital saw the biggest drop in the UK, but still had the most expensive homes at £505,000, almost double the UK average of £285,000. This is £6,000 down on the average from 2022.
London Victoria: Points failure as services suspended including to Gatwick Airport January 16, 2024 Posting on X, the network said; "Disruption is expected until the end of today, engineers will go in and work to rectify the points problem."
Sizewell C: £20bn nuclear plant to begin construction after latest green light January 15, 2024 Andrew Bowie, the nuclear minister will visit the site today, as he called the triggering of the DOC a “major milestone”.
Jobs: Recruiter Pagegroup cuts profit guidance, slashes headcount, and bemoans delayed hiring decisions January 15, 2024 This comes after recruiters Hays and Robert Walters issued similarly concerning results last week, with the slowdown in the recruitment sector often acting as a litmus test for the wider jobs market.
8 Bishopsgate: Reinsurance firm buys 50,000 sq ft of new City of London tower January 14, 2024 One of the City’s newest skyscrapers, 8 Bishopsgate, is filling up with new tenants as a reinsurance firm has taken up two-and-a-half floors. SCOR will occupy 50,000 square feet of the new tower in the heart of the Square Mile, which is 51-storeys, 204-metre tall, and the 10th largest in the capital. The reinsurance provider [...]
Renowned British conductor Jan Latham-Koenig charged with child sex offences January 12, 2024 A renowned British conductor was arrested and charrged with child sex offences, the Metropolitan Police have said. Jan Latham-Koenig, 70 of Pelham Crescent in South Kensington was arrested at London Victoria Train station on Wednesday, the force said. He was charged the following day, Thursday, 11 January, with arranging/facilitating a child sexual offence and sexual communication [...]
Sunak in Ukraine to unveil fresh £2.5bn package for Putin fight January 12, 2024 The prime minister was pictured on a train travelling through the war-torn country, as he went to meet its embattled leader Volodymyr Zelensky.
Whitbread: Premier Inn owner keeps beating rivals as London hotel occupancy soars January 11, 2024 Whitbread said overall food and beverage sales for the third quarter was at £187.9m, lower than the previous two quarters
Persimmon: New home completions down a third as UK housebuilding woes continue January 10, 2024 High inflation and cost of raw materials has made it more expensive to build houses, while higher interest rates have suppressed demand for buyers.
Building materials supplier SIG warns of tough conditions as headwinds buffet construction market January 9, 2024 Housing supplier SIG rode out sluggish market conditions and expects to post profits at the upper end of its guidance, as investors hope for an upturn in fortunes this year. The firm said it expects revenues of almost £3bn in an update published this morning, with profit being between £50-55m, at the upper end of [...]
