World Tourism Day 2017: Travel industry backs London as weaker pound powers boom September 27, 2017 Big players in the travel and tourism industry brushed off Brexit fears to herald London as a top destination today, as the sector celebrated World Tourism Day. Dana Dunne, chief executive of eDreams Odigeo, told City A.M. that weaker sterling “has been very attractive”, boosting visitor numbers to the capital. According to eDreams figures, this [...]
UK house prices: Property transactions fell again last month September 21, 2017 The number of homes bought and sold in the UK fell again between July and August, providing further evidence the property market is beginning to stagnate. On a seasonally adjusted basis, property transactions fell 0.5 per cent between July and August to 103,490, figures by HM Revenues and Customs (HMRC) showed. Although the figure is [...]
Fifth consecutive monthly house price fall in August as more signs emerge of London market dragging September 20, 2017 London house prices recorded the biggest average fall of any region in England and Wales in August, according to new data, as the squeeze at the top end of the British property market continues. Prices in the capital grew by only 0.7 per cent in the year to August, as the average price dropped by [...]
Crossrail’s latest mega milestone: The £14.8bn Elizabeth Line’s permanent track has been completed September 14, 2017 The £14.8bn Crossrail project today reached a new significant milestone with the completion of the permanent track for the Elizabeth line. Engineers affixed the final rail clips to the track in the eastbound tunnel of the new Whitechapel Elizabeth Line station. Read more: Crossrail construction: The 19 best pictures of the Elizabeth Line Construction trains [...]
Let there be light: The business partnership training women to illuminate the developing world September 6, 2017 How can we help women in the developing world rise out of poverty and achieve gender equality? For Barefoot College and law firm Hogan Lovells, the solution lies in “solar mamas”: the women setting the world alight one solar panel at a time. Founded in 1972, Barefoot College is the first and only college built [...]
Kaylen Hinds interview: Former Arsenal youngster on why he traded hometown club for Wolfsburg and Bundesliga August 8, 2017 In 1983 England striker Luther Blissett traded Watford for a life in the foothills of the Alps when he joined European giants AC Milan. His impression of the city renowned for its envied art collection, imposing cathedrals and high fashion? “No matter how much money you have here, you can’t seem to get Rice Krispies,” [...]
Endless buys struggling iconic luggage brand Antler from private equity firm LDC July 26, 2017 Private equity house Endless, which specialises in moving businesses on after a challenging period, has bought struggling luggage retailer Antler from fellow firm LDC. Since LDC invested in the business in 2010, Antler has been through some tricky periods. In its last filed accounts, for the year ending December 2014, the company made an operating [...]
Focus On Woolwich: Crossrail, a huge regeneration project, cultural quarter and affordable housing in SE18 July 14, 2017 The West End, the Southbank, Shoreditch and now… Woolwich? Could this south east London suburb be the new place you head to on a Saturday night to soak up some culture? If it’s astronomical house price rises over the past five years are anything to go by, it could well be. In March, planning permission [...]
Crossrail gets bigger: TfL to ramp up number and frequency of Elizabeth Line services with Reading ones doubled | City A.M. July 13, 2017 More services will be run on the Elizabeth Line than originally planned, Transport for London (TfL) announced today. Services from Reading will be doubled, while there will also be increased services to Maidenhead, Ealing Broadway, Southall and Hayes & Harlington when the line becomes fully operational at the end of 2019. TfL is bolstering the [...]
Vue reopens historic Leicester Square cinema with new luxury leisure features July 10, 2017 Vue Cinemas has upped its food and drink offering in its newly refurbished Leicester Square site, which has been a cinema since 1938. The chain has put £6.6m into redeveloping its West End flagship, which reopens tonight. The site was originally built by Warner Brothers, and was taken over by Vue when the company absorbed [...]