O2 Arena stood down as NHS Nightingale training facility May 26, 2020 The O2 Arena has been officially stood down more than 40 days after it was transformed into a training ground for frontline NHS workers fighting the coronavirus outbreak. Owner AEG last month handed over the iconic London venue to serve as an educational training hub for staff required at the new NHS Nightingale hospital at [...]
Crypto AM shines its Spotlight on AAX May 26, 2020 AAX, the first digital asset exchange to be powered by LSEG Technology, and the first exchange to be a member of London Stock Exchange Group’s Partner Platform, is on a mission to connect crypto to global finance. From discussions over a forum and silent experimentation, Bitcoin and with it an entire industry has come a [...]
Appointment times and NHS discounts: How retailers plan to lure shoppers back after lockdown May 23, 2020 After more than two months of enforced closure during the UK coronavirus lockdown, retailers across England are preparing to potentially reopen to shoppers from 1 June. The high street will look different when retailers are allowed to open their doors. Social distancing signage will be in place, shop assistants will wear masks and a number [...]
Covid-19: the inescapable truths faced by investors May 22, 2020 Investors will need to be more agile than ever as Covid-19 reinforces many of the trends driving the world economy prior to the outbreak. “At the beginning of the plague, when there was now no more hope but that the whole city would be visited; when all that had friends or estates in the country [...]
We need a new approach to city resilience May 22, 2020 Globally, cities are fundamental drivers of economic performance. If a nation’s major cities function well, the overall economy benefits in terms of jobs and innovation of products and services. The World Bank states that 55% of the world’s population – 4.2 billion people – now live in cities, generating 80% of global GDP. Protecting cities [...]
London landlord Great Portland Estates pulls rental value guidance due to coronavirus May 20, 2020 London landlord Great Portland Estates pulled its guidance on rental values for the year, but warned that the coronavirus crisis would continue to have a negative impact on property in the capital. The property firm’s portfolio value dropped 0.3 per cent in the year ended 31 March as retail property values fell 3.5 per cent. [...]
Facebook launches new shopping feature to help small firms move online May 19, 2020 Small businesses will be able to open a single online store selling products through Facebook and Instagram thanks to a new feature launched by the tech giant today. Facebook Shops, which will be rolled out over the coming months, allows customers to buy products through a firm’s business Facebook page or Instagram profile, or through [...]
UK government scientists looking at how to ease coronavirus lockdown faster for remote areas May 19, 2020 The government’s top scientists are looking at ways of lifting the lockdown at a faster rate in remote parts of the UK that have very few or no coronavirus cases. The chief scientific adviser to the Ministry of Defence Dame Angela Maclean today said location “was a huge focus” for government scientists when looking at [...]
UK lockdown: Pedestrian activity soars 25 per cent as Londoners get back to work May 19, 2020 Pedestrian activity in the capital soared 25 per cent yesterday as more Londoners got back to work following the government’s updated UK lockdown rules. Yesterday’s surge was the first big jump in weekday numbers since the government changed its message from “stay at home” to “stay alert” earlier this month. The lag in pedestrian activity [...]
The City View: From higher taxes to getting tough with China, how the pandemic will change politics, with Juliet Samuel May 19, 2020 In this episode Christian is joined by Daily Telegraph columnist Juliet Samuel, who believes that the current crisis will lead to big changes in politics and economics. Subscribe to The City View Podcast: Apple / Google / Spotify / RSS Juliet says the case for higher taxes on the rich will be made with growing force over the coming years and warns [...]