One million workers in the UK will be trained to tackle terrorism April 20, 2016 People working in built up areas will be trained how to respond to terrorist threats with police seeking to get more than one million workers ready to know what to do in the event of such an attack. The National Police Chief's Council on Wednesday announced the plan to extend the police's anti-terror scheme Project Griffin which already advises [...]
London construction activity slows as Brexit uncertainty and planning delays hit growth April 20, 2016 London's construction market suffered a sharp slowdown over the quarter, despite recent government efforts to encourage more housebuilding and deliver more homes across the capital. The Royal Institution of Chartered Surveyors' construction market survey found that private housing workloads rose at their slowest pace since fourth quarter of 2012, with only 20 per cent more of those working in the [...]
Coronation chicken, anyone? To celebrate the Queen’s 90th birthday, this restaurant is dishing up vintage food from the 50s April 19, 2016 If there is one food that comes to mind when we think of Queen Elizabeth, it's that bright yellow street party stalwart, Coronation Chicken. To celebrate her 90th birthday, one upscale restaurant in Piccadilly is serving a bespoke menu inspired by the food Her Maj dined on 60 years ago, but it's a far cry from what Mayfair's Michelin-starred haunts [...]
EU referendum: Companies hunting for new London offices shrug off Brexit fears April 19, 2016 Companies were still on the hunt for new offices in London in the first quarter of the year, despite fears that economic jitters and the prospect of a Brexit could stifle demand. More than 3.1m square feet of space was snapped up, with Thomson Reuters' deal to decamp all of its staff to new 315,400 sq ft Canary Wharf headquarters lifting overall take-up [...]
Asda toasts £850k deal to stock 25 beers from 13 Scottish craft breweries, including Isle of Arran, Isle of Skye, Loch Ness and Kelburn April 18, 2016 The unstoppable cultural phenomenon that is craft beer has just ratcheted up even more mainstream support. Supermarket giant Asda has agreed a listings deal with 13 breweries to put 25 new craft beers on its shelves in Scotland, in a deal worth more than £850,000. An industry source told City A.M. that if sales in Scotland are robust and [...]
Spotify backer Accel moves headquarters in West End to The Crown Estate’s One New Burlington Place April 18, 2016 East London may have stolen the tech spotlight in recent years as new and more established names flocked to get a foothold in Tech City, however, the West End has proved it is still getting its fair share of deals. The Crown Estate has today announced that fintech venture capital firm Accel will move its European headquarters to one [...]
Stock Spirits boss Chris Heath steps down over shareholder and strategy row April 18, 2016 The chief executive of Stock Spirits group has taken "early retirement" and stepped down with immediate effect from the London-listed Polish vodka producer. Chris Heath, who had been at the helm of the European drinks major for seven years, had been facing calls to resign since early April. A large investor in the firm, Western Gate [...]
Mobile is a hot topic (again) as Advertising Week Europe comes to town April 18, 2016 "This will be the year of mobile” has been a multi-year meme in the ad industry, but there’s some logic to it. Since the first iPhone captured consumers’ imaginations in 2007, each subsequent year has truly been the year of mobile, with app developers inventing new uses for these palm-sized computers, marketers observing how these devices [...]
The EU Audit Directive – trying to make sense of it all and what it means for businesses and their accountants April 17, 2016 Time is running out before implementation of the EU Audit Directive on 17 June 2016. The Directive will have a significant impact on audit and advisory firms and the way they operate with Public Interest Entities (PIEs). Both companies and the audit and advisory firms need to plan for this change, and be ready for the final UK [...]
How much are West Ham paying for the Olympic Stadium? Rent, naming rights, repayment clauses and extra fees explained April 14, 2016 Three years after West Ham clinched a deal to become anchor tenants of the £700m Olympic Stadium the details of their agreement with the London Legacy Development Commission (LLDC) have finally been published. The 207-page contract was revealed in full for the first time yesterday after an information tribunal this week ruled against the LLDC, [...]