Central London continues to feel impact of Plan B measures January 10, 2022 Central London has suffered another blow to its recovery as shoppers stay away from the city’s retail hotspots. Footfall in the West End and other areas dropped by more than a quarter (25.6 per cent) last week compared to the week before. “With employees continuing to work from home the drop in footfall in Central [...]
The best upcoming art, film and theatre to see in London in 2022 January 7, 2022 Despite Covid uncertainty, London’s cultural scene is set for a jam-packed opening to 2022. We collect our top picks for the first few months of the year. Theatre The Collaboration, Young Vic The last few years have seen blockbuster London retrospectives of both Andy Warhol and Jean-Michel Basquiat. In this new play starring Paul Bettany [...]
House prices hit record high of £276k as slower growth forecast for 2022 January 7, 2022 House prices increased by more than £24,500 last year, the largest annual cash rise since March 2003. The average UK property price reached a new record high of £276,091 in 2021, rising 9.8 per cent, according to Halifax’s House Price Index. Once more, London was the weakest performing region for annual inflation by long way [...]
Try, try and try again is the mantra when solving business and political dilemmas January 7, 2022 In 2003, start-up fever on the West Coast of the US was like a new Gold Rush. Investors chasing ideas were throwing money in the hope of magical returns. Part of this rush was based on faith and some of the investors believed tall tales when they should have dug harder to find gold. That [...]
Sadiq Khan hits out at rail union over planned six-month Tube strike January 6, 2022 Sadiq Khan has hit out at the UK’s largest rail union for its planned Tube strike tomorrow, saying that the long-term industrial action will “cause further devastation” for London’s economy. London Underground staff from the The National Union of Rail, Maritime and Transport Workers (RMT) will walk off the job on Friday and Saturday evenings [...]
On the global stage, is 2022 the happy new year we’ve been hoping for? January 6, 2022 As ever, Oscar Wilde put it best: “We are all in the gutter, but some of us are looking at the stars.” Optimism, the most underrated quality in our cynical age, is necessary to get through the day. Analytically, it is also often of more use than the doom and gloom that passes for the [...]
Wandsworth sees the highest number of £1m property transactions as buyers desire space January 5, 2022 The leafy borough of Wandsworth has been named as the capital’s hotspot for property transactions of £1m over the last year. The south-west London borough accounted for 11 per cent of high end transactions over the last year, out of a total 6,312 transactions for between £1m and £3m across London. Kensington and Chelsea and [...]
First IPO of 2022: Media production trailer provider debuts in London January 5, 2022 Film and TV production trailer provider ADF will debut on London’s market, in the first float of 2022 so far. After raising more than £18m from institutional investors, ADF is set to trade at 50p per share. The initial public offering (IPO) is expected to land ADF a valuation of £37.8m, as it looks to [...]
Ed Warner: Why 2022 is the year of the sportswash January 5, 2022 A city without snow and a state in the desert. Obvious places to hold the Winter Olympics and World Cup if you are the International Olympic Committee and football governing body Fifa. Welcome to 2022, the Year of the Sportswash. The principal outdoor venues for Beijing 2022 are – on a good day – 90 [...]
Post-Christmas slump: UK shopper numbers fall 15 per cent in a week January 3, 2022 UK shoppers shirked the high street in the week following Christmas as concerns about the the rapid spread of omicron continued to bite.