London 2012 Olympics Aquatics Centre architect Dame Zaha Hadid dies aged 65 March 31, 2016 One of the UK's leading architects, Dame Zaha Hadid, has died aged 65. Today Zaha Hadid Architects said Hadid, who is best known for work including the London 2012 Aquatics Centre and the Serpentine Sackler Gallery, died suddenly while being treated in hospital in Miami in the early hours of the morning, after contracting bronchitis earlier this [...]
UK house prices: Oxford, not London, is Britain’s least affordable city, according to new study March 26, 2016 Shock news from Lloyds Bank: London is not the UK's least affordable city. An affordability survey by the bank, comparing average house prices with average gross annual earnings, places the capital behind Oxford and Winchester. The average price of a house in Oxford is £364,429, which is 10.68 times average earnings. Lloyds attributed Oxford's high [...]
Profits slump for insurance market Lloyd’s of London despite growth in gross written premiums, as chief executive Inga Beale speaks out about terrorism March 23, 2016 Insurance market Lloyd's of London today announced that its profits had dipped slightly during 2015, although it had increased its gross written premiums. Lloyd's revealed pre-tax profits of £2.1bn, down compared with £3bn the year before, although the company said that it felt its profits remained significant despite a fall in returns on investments and increased [...]
EU referendum: Business groups hit back at claims by Boris Johnson that business support for remaining in EU is not as strong as commonly thought March 23, 2016 Mayor of London Boris Johnson has said that business support for the European Union is not as zealous as people commonly think, in a clash with senior Tory MP Andrew Tyrie. Speaking to MPs, Johnson said that he is aware that organisations such as the CBI and the British Bankers Association are in favour of [...]
Google’s Android Pay is coming to the UK, letting you pay with mobile on the Tube and across the high street, including Pret, Starbucks, Waitrose and more March 23, 2016 Users of Android will soon be able to use their smartphone to pay for items and even travel to work, as Google prepares to launch Android Pay in the UK following hot on the heels of Apple Pay. Google said it will roll out "in the coming months" with the backing of Britain's biggest banks, but did not [...]
The City’s Walkie Talkie skyscraper is finally full after CISI snaps up last remaining floor March 22, 2016 The developers behind the Walkie Talkie skyscraper have let the last remaining floor in the building two years after completion in a milestone moment for the City. The Chartered Institute of Securities and Investment (Cisi) has agreed to take the third floor of the Rafael Vinoly-designed building at 20 Fenchurch Street at a rent of around £65 per square feet, City A.M. [...]
Londoners are being failed by the rail regulator over train delays, says commuter group London TravelWatch March 18, 2016 The government has been urged to create a new system that would give commuters automatic compensation if their train is delayed by 15 minutes or more. Passenger group London TravelWatch has branded new measures for tackling train delays a "disappointment", and urged for a more decisive approach – which would include auto-payments for late trains. Regulator Office [...]
City Moves for 18 March 2016 | Who’s switching jobs March 18, 2016 Traidcraft Traidcraft, which fights poverty through trade, has appointed Robin Roth as its new chief executive. Robin will take up the post on 1 October 2016 after he leaves his role as managing director of Germany-based Gepa, Europe’s largest fair trade company. Andy Biggs, Traidcraft’s interim chief executive, will remain with the organisation as chief [...]
Budget 2016 predictions: When is it and the key points Chancellor George Osborne will cover in his speech? March 16, 2016 Last year we had three of them. So far we've made it through two months without one, but fear not campers – there's a new Budget in town. This is everything you need to know about this month's fiscal update from the government. When is the Budget 2016 and how to watch live Chancellor George Osborne is [...]
The LCCM, Amy Winehouse’s former music school, is moving to The Music Box on the Southwark – and you could too March 15, 2016 Hear the stars of tomorrow rehearsing in the comfort of your own home by investing in the latest cultural centre around the South Bank. The latest apartments have gone on sale at The Music Box, a new housing development that incorporates the London Centre for Contemporary Music (LCCM). The school, which counts Amy Winehouse among its alumni, [...]