Tiktok crashes across UK, Europe, Middle East and Australia October 12, 2020 Tiktok has crashed across the UK, Europe, Australia, and parts of the Middle East, with thousands of users reporting problems connecting to the video platform
Coronavirus: Central London footfall picks up despite threat of tighter restrictions October 12, 2020 Coronavirus: Central London footfall picks up despite threat of tighter restrictions
London retail landlords struggle to collect rent from tenants October 12, 2020 London commercial property landlords are struggling to collect rent from beleaguered retail tenants amid a slump in footfall during the coronavirus pandemic. Great Portland Estates announced this morning that it collected just 21 per cent of the retail, hospitality and leisure rent it was owed in the quarter ended 30 September. However total rent paid [...]
Major Tory donor, head of Garden Bridge and Brexit advisers receive top gongs in Queen’s Birthday Honours list October 9, 2020 One of the largest Conservative party donors, the head of the failed £40m Garden Bridge and 10 Brexit advisers were among the senior figures to receive awards in this year’s Queen’s Birthday Honours list. Tony Gallagher, who has donated almost £4m to the Conservative party over the last 13 years, was awarded a knighthood for [...]
British Land shares rise as it restarts dividend payments October 9, 2020 Shares in property development company British Land climbed 3.9 per cent after it announced it would resume paying its dividend, saying footfall at its retail parks was ahead of the wider market. The shopping centre and office-owner intends to pay dividends twice a year, in February and August. It previously paid them quarterly but suspended [...]
The pensions triple-lock is unjustifiable in normal times — in the Covid era, it is utterly unconscionable October 9, 2020 Imagine you a Conservative chancellor trying to steer the economy through the midst of the worst pandemic in modern history. You have done your best to protect jobs and support struggling businesses in the face of drastic lockdown restrictions, while tax receipts shrivelled and the healthcare bill has ballooned beyond all previous measures. Despite your [...]
Reviews website Trustpilot mulls £800m London float October 8, 2020 Business review platform Trustpilot is muling plans involving a London flotation that could take place as early as next year. The Copenhagen-based firm is understood this week to have held talks with a number of investment banks about plans for a debut on the London Stock Exchange, Sky News first reported. A spokesperson for Trustpilot [...]
Get e-scooter trials rolling in London, ministers urged October 8, 2020 A group of e-scooter firms have joined forces to call for the government to roll out a capital-wide trial of the new transport option. In an open letter to ministers co-ordinated by think tank the Centre for London, firms such as Lime, Spin, and Voi said e-e scooters could “help create a low carbon, inclusive, [...]
Back London today — so that London may back the UK tomorrow October 8, 2020 At the Conservative Party Conference this week, chancellor Rishi Sunak promised he “will always be pragmatic”. Right now, however, the policies governing our towns and cities appear anything but pragmatic. Given that the UK’s major cities, and especially London, are going to be vital in helping our economy recover from the impact of Covid-19, it [...]
Ecommerce platform Clearbanc injects £500m into British startups October 8, 2020 Ecommerce investor Clearbanc has announced its plans to invest £500m into British SMEs over the next year as part of its UK launch. The alternative capital platform, founded by Canadian Dragons’ Den star Michele Romanow, will use its AI platform to invest in British online startups to help with future growth. Clearbanc has already invested [...]