Heathrow Airport to restart some flights following fire March 21, 2025 Heathrow Airport has announced it is able to “begin some flights later today” following a day of heavy disruption. The West London airport has been shut for the whole of Friday following a nearby electrical fire at a substation. According to the National Grid, an “interim solution” has been put in place to resupply Heathrow. [...]
London’s store closures finally return to pre-pandemic levels March 21, 2025 Retail closures in London stabilised last year after rising during the pandemic, according to a new survey. The capital lost about a store a day last year, with five stores closing and four new stores opening, according to PwC. Head of retail at PWC Jacqueline Windsor said the figures indicated “cautious optimism” for UK retail. [...]
Mexico’s Club Leon banned from Fifa Club World Cup in USA March 21, 2025 Mexico’s Club Leon have been kicked out of the 2025 Fifa Club World Cup over multi-club ownership rules. The 2023 CONCACAF Champions League winners Leon are owned by the same group – Grupo Pachuca – that owns fellow Mexican side Pachuca, who are also in this year’s Club World Cup. And due to rules banning [...]
PM’s spokesperson cannot confirm Heathrow will reopen by Saturday March 21, 2025 In a multi-agency call convened by the government on the ongoing Heathrow closure, Downing Street could not say with confidence that the airport will reopen at midnight – though power has reportedly been restored to Terminal 4. The West London airport has been shut for the whole of Friday following a nearby electrical fire at [...]
Elite US law firm bends to Trump’s demands March 21, 2025 US law firm Paul Weiss has folded to President Trump's executive order agreeing to supply $40m in free legal advice to the White House
Plans approved for £600m Euston Tower revamp March 21, 2025 British Land’s plans to strip and redevelop Euston Tower in a £600m project have been approved by Camden Council. The tower, which was originally built in 1970 and sits next to Euston station, will undergo a complete revamp with new office space, restaurants and terraces. “We are delighted to receive planning consent for this incredible [...]
City law firm fined over £400,000 for Russian sanctions breaches March 21, 2025 Law firm Herbert Smith Freehills was hit with a £465,000 penalty after breaching UK financial sanctions imposed on Russia
Will London take New York’s fintech crown? March 21, 2025 According to Z/Yen’s 37th Global Financial Centres Index (GFCI 37), the Square Mile is snapping at the heels of the Big Apple.
Lloyd’s reinsurer secures landmark Ukraine reinsurance facility March 21, 2025 MS Amlin, a Lloyd's reinsurer, has secured a reinsurance scheme that could provide up to €1bn (£830m) in annual coverage for Ukraine SMEs
AIM IPOs: What happened this week on London’s junior stock exchange? March 21, 2025 After AIM started the week strong with the announcement of two planned IPOs, London’s junior stock market has seen more companies float on its exchange. This week, AIM had two IPOs, One Health Group and Wellnex Life, compared to the 11 which pursued an IPO throughout the entirety of last year. One Health Group, a provider [...]