Gove planning shake-up: ‘We need housing today, not tomorrow’ July 24, 2023 Michael Gove will loosen planning laws to allow vacant shops to be converted into homes as part of his latest efforts to tackle the UK’s housing crisis. On Monday the minister for housing and levelling up revealed a slew of planning reforms as well as a further commitment to building over 1m new homes across [...]
London office investment slumps to 14-year low July 24, 2023 London office investment slumped to a 14-year low in the second quarter of the year, new data shows, as high interest rates stifled momentum built up in the early months of the year. Some £1.2bn was spent on London offices last quarter, a 59 per cent drop on the £2.9bn spent in the previous quarter [...]
Addison Lee boss: Khan doesn’t want to solve congestion for London drivers July 24, 2023 Sadiq Khan doesn’t want to solve congestion problems for London’s car users, the boss of private hire taxi firm Addison Lee has said. “I just think that definitely the congestion in London should be something we want to solve,” Liam Griffin told City A.M. but “I’m not sure Khan wants to solve it for cars.” [...]
Sam Torrance: Hard but fair Open test suited magnificent Brian Harman perfectly July 24, 2023 You might not know Brian Harman if you walk past him in the street but, as he showed in winning the Open at the weekend, you’ll certainly know him when you hand in your scorecard. The low-key American was magnificent in all aspects of his game for the whole week on his way to winning [...]
Shapps has fired the starting gun on UK nuclear hopes but there must be no more delays July 24, 2023 Grant Shapps turned up fashionably late to the launch of industry vehicle Great British Nuclear, but the country needs no more delays.
Federal Reserve and European Central Bank may back final rate rises this week, experts bet July 24, 2023 US Federal Reserve and European Central Bank officials could launch their final interest rate rises this week as inflation ebbs in their respective economic blocs, experts are betting. Members of the federal open market committee (FOMC) are on Wednesday tipped to raise borrowing costs 25 basis points to a range of 5.25 per cent and [...]
Big tech look ahead: Alphabet, Microsoft, Meta and Amazon shares in focus July 23, 2023 THE RACE to exploit the potential of artificial intelligence will dominate investor chatter around big tech this week, with all the big players set to release results to Wall Street.
Coca-Cola, McDonald’s and PepsiCo named as worst packaging polluters in UK July 21, 2023 Coca-Cola, McDonald’s and PepsiCo are the worst packaging polluters in the UK, an annual waste audit has found. Campaign group Surfers Against Sewage, which released its annual audit on Friday, looked at more than 30,700 individual polluting items collected by more than 4,000 citizen scientists along coastlines, canal paths, bridleways and city streets over a [...]
‘Utterly pathetic’: M&S boss furious as Gove rejects Oxford Street store demolition plan July 20, 2023 Plans by M&S to demolish its flagship site on Oxford Street have been rejected by Michael Gove. The high street stalwart had previously received a green light from Westminster City Council to tear down its Marble Arch store and replace it with a revamped shop featuring a new cafe, offices and a gym. However, the [...]
Wind farm with potential to power 1.5m UK homes halted as industry urges government to bolster supply chains July 20, 2023 Plans to build a new UK offshore wind farm that could have powered up to 1.5m homes have been halted today amid concerns over rising costs.