American astronaut Michael Collins of Apollo 11 dies aged 90 April 28, 2021 American astronaut Michael Collins, who stayed behind in the command module of Apollo 11 on July 20, 1969, while Neil Armstrong and Buzz Aldrin traveled to the lunar surface to become the first humans to walk on the moon, died on Wednesday at age 90, his family said. A statement released by his family said Collins died [...]
City fund managers discuss post-pandemic opportunities, with NatWest, Lloyds and BP topping the list April 28, 2021 As the economy slowly recovers from what has been a dramatic year, and investors gradually dare to think again about growth and investment, City A.M. checked in with a number of prominent Square Mile-based fund mangers to find out where they spot opportunities as London’s investment community starts to shake off the pandemic. Banking, energy [...]
Hines to refurbish West End building into mixed-use retail and office space April 28, 2021 Real estate firm Hines has secured planning consent for its proposed mixed-use retail and office scheme in the heart of London’s West End. The building, located with dual frontage to both New Bond Street and Oxford Street, was acquired on behalf of Hines in February 2020. The planning consent will enable the company to proceed [...]
Exclusive: Ministers discuss plans to revamp Covid homeless scheme in London April 26, 2021 A new cross-Whitehall group has been set up to help coordinate policy on London-focussed issues, with a revamp of last year’s Covid homeless scheme among its early priorities. The ministers involved are looking at whether last year’s Everyone In scheme could be used as a platform to provide health and other services to homeless people [...]
Balls to Britpop, Britbox and Britcoin! April 23, 2021 Monty Munford has had it with Britcoin. Oh, and he's still quite annoyed about Britpop and Britbox too...
Shaun Bailey London mayor election manifesto: Everything you need to know April 19, 2021 Conservative mayor of London candidate Shaun Bailey today launched his election manifesto, with polling day on 6 May now just weeks away. The 56-page document outlined policies on areas such as the economy, the environment, transport, crime, housing and transport. City A.M. went through the manifesto with a fine tooth comb to bring you a snapshot of the [...]
Shoppers flock back to the West End in grand reopening of London April 19, 2021 Following the easing of the lockdown the number of shoppers and visitors heading to the West End was more than expected, as shops in central London opened for the first time in months. In the first week following the easing of lockdown restrictions footfall in the West End stood at around 54 per cent of [...]
London businesses demand return of the Night Tube amid delay until 2022 April 15, 2021 London businesses have demanded the resumption of the Night Tube after Transport for London (TfL) said earlier this week the service will not return until at least 2022. Andy Byford, the transport commissioner for London, said the capital’s struggling transport body lacked the resources to reinstate all-night Friday and Saturday services on the Victoria, Jubilee, Central, Northern, [...]
Foxtons sees revenues rocket amid stamp duty-driven housing boom April 14, 2021 Foxtons has seen impressive revenue growth in the three months to 31 March, at a time when house prices are at an all-time high amid the stamp duty holiday. Group revenue at the estate agent in the first quarter of 2021 stood at £28.5m, up 24 per cent on the same period last year. [...]
Boohoo coughs up £72 million for new Soho office April 13, 2021 Boohoo has bought a new office in Soho in London’s West End for £72m, which will house approximately 600 staff. The office, located at 10 Great Pulteney Street, will become home to all London-based product, marketing, technology and central support teams, and offer flexible working for Boohoo staff. In an update this morning, Boohoo said [...]