Savills: Bank of Mum and Dad to pay out almost £30bn over the next three years August 16, 2024 First-time buyers will receive almost £30bn in financial support from their parents over the next three years as the housing ladder slips increasingly out of reach for independent young buyers. Gifts and loans from the Bank of Mum and Dad totalled £9.4bn in 2023, according to the latest analysis from property firm Savills. This figure [...]
Crisis in Bangladesh shows that draconian regimes are always doomed to fail August 16, 2024 Repressive governments don’t just brutalise their people, they impoverish them too, writes Will Cooling
Litigation funding brought the Post Office to justice – now it’s time to take it to water companies August 16, 2024 Without litigation funding, the Post Office may have never seen justice. Now it’s time to use it against polluting water companies, writes environment consultant Carolyn Roberts Ofwat recently announced hefty fines for three water companies dumping sewage in our waterways. Alongside regulatory pressure, collective opt-out legal action like the one I’m leading can play a [...]
Step back in time to London of the past with Heritage Open Days this September August 15, 2024 You can experience London as it used to be this September, as Heritage Open Days offer a wealth of experiences that take us back to the past. Running from 6 – 15 September, thousands of volunteers help run the free-to-attend activities across the capital and around the country. This year, the UK’s largest festival of [...]
Piccadilly Circus is about to look totally different with huge new artwork to rival Eros August 15, 2024 Piccadilly Circus is about to get totally transformed with an imposing new piece of art near the Eros statue. The bright yellow piece by the artist British-Nigerian Yinka Ilori will be installed later this month near the Shaftesbury Fountain. The collaboration with capital art project Art of London is called Good Things Come To Those [...]
The Capitalist: Why has Baillie Gifford’s support for Edinburgh Fringe not bothered Nish Kumar? August 15, 2024 Edinburgh Fringe's Baillie Gifford backing goes unnoticed, the OWO battles PR woes and HSBC turns queasy: catch up on the latest City gossip in this week's edition of The Capitalist.
Prime London property bounces back after election despite tax uncertainty August 15, 2024 Buyers have returned to prime London properties after the election despite uncertainty around the government’s position on tax changes, new data shows. Sales in July were at their highest on a year-to-date monthly basis, although the average price of a property fell by five per cent on an annual basis, LonRes has found. The number [...]
Met Police ‘inadequate’ at managing risk of sex offenders August 15, 2024 The Met Police is not managing the risks posed by registered sex offenders and online child abusers “effectively”, a report from the police inspectorate has found. It also found the force’s crime investigations also suffer from “inconsistent decision-making” and arguments, with inexperienced officers trying to manage more than 25 crimes at once. His Majesty’s Inspectorate [...]
City of London Festival set to return this autumn with stellar line-up August 15, 2024 The City of London Festival is set to return this autumn for the first time since 2015, bringing some of the world’s hottest classical, jazz and choral musicians to the Square Mile. The festival celebrates the unique architecture and environment of London’s most historic district through a series of innovative musical events. The newly rebranded [...]
Designmynight founders raise £5m for new tech venture August 15, 2024 The founders of hospitality booking platform Designmynight have raised $6.35m (£4.9m) for their new tech venture. Nick Telson-Sillett and Andrew Webster, who scaled Designmynight and sold it for £25m in 2017, have raised the capital for new digital sales platform Trumpet, alongside co-founder and chief executive Rory Sadler. The seed funding round led by London-based AlbionVC, which [...]