London outperforms UK economy again in sign capital could swerve recession January 16, 2023 London is outperforming the nationwide economy, indicating the capital is on course to avoid what experts think will be a long recession in the UK, a new survey out today shows. An index of business output in London compiled by NatWest jumped to 50.2 last month, up from 48.2, meaning the capital’s economy is growing. [...]
Mark Kleinman: My bold predictions for 2023 in the City – from Natwest to Spurs January 11, 2023 After the political and economic events of 2022, the idea of being able to predict anything with confidence seems even more outlandish than usual. Nevertheless, with the UK economy precariously balanced less than two years before a general election, these seem – in early January – to be sensible bets for UK plc in 2023. [...]
Heathrow: Strikes and ongoing charging issues fail to dent December’s passenger levels January 11, 2023 Heathrow Airport’s passenger numbers skyrocketed last month despite challenges posed by Border Force Strikes. The west London hub said 5.9 million travellers passed through its gates during the festive month, up 90 per cent on 2021 levels. Overall, the airport remained in line with former expectations, with 61.6 million passengers using Heathrow in 2022. John-Holland Kaye, [...]
How the Chinese New Year and covid rule changes could give a tourism boost to London’s West End January 6, 2023 London’s West End is looking forward to the return of Chinese tourists this month, after the easing of the nation’s zero-Covid policy – ahead of the Chinese New Year. China has seen a surge in Covid infections in recent months, with EU countries introducing testing requirements for travellers. Travel from and to China will be [...]
London house prices grow in December with UK homes falling, but 2023 set to bring good news for property owners January 6, 2023 London’s average property price grew by almost 3 per cent, while the average UK home fell 1.5 per cent between November and December 2022. The average property actually rose two per cent when compared with the same month in 2021, according to the latest Halifax house price data, while annual rate of house price growth [...]
Chinese New Year in London: What does the Year of the Rabbit mean? January 5, 2023 This month will see the start of the Chinese New Year, with the Year of the Tiger ticking over to the Year of the Rabbit. The main celebrations will take place on 22 January, although the build-up officially began on 30 December, day eight of the last month of the lunar calendar, with the Laba [...]
Ukraine says 63 Russian soldiers were killed in strike on military base January 2, 2023 Some 63 Russian soldiers have been killed by a Ukrainian strike on a military facility in the eastern Donetsk region. Ukrainian forces fired six rockets from a HIMARS launch system and two of them were shot down, a Russian defence ministry statement said. The strike, using a US-supplied precision weapon that has proven critical in [...]
Ukraine shoots down wave of Moscow’s Iranian-made exploding Kamikaze drones January 2, 2023 Russia has deployed exploding drones in another night-time attack on Ukraine, officials said, as the Kremlin pressed its strategy of targeting civilian infrastructure to wear down resistance to its invasion. The barrage was the latest in a series of relentless year-end attacks, including one that killed three civilians on New Year’s Eve. According to the [...]
Travel disruption continues TODAY as commuters return to work despite strikes December 28, 2022 Travel disruption is expected across railways again on Wednesday, with many commuters returning to work following the Christmas break, as industrial action by rail workers continues. Members of the Transport Salaried Staffs’ Association (TSSA) at Great Western Railway will walk out from noon to 11.59am on Thursday, and at West Midlands Trains for 24 hours [...]
HUNDREDS left waiting for trains after rail strike ending causes even more delays December 27, 2022 Crowds of people were left waiting at major train stations across London and beyond amid ongoing disruption despite the end of a rail strike on Tuesday. Photos showed hundreds of passengers packed inside King’s Cross and Paddington, with some journeys delayed due to the late handover of engineering works. South Western Railway also apologised to [...]