Central London completions to hit 10,000 next year, says JLL September 17, 2014 HOUSING completions in central London could reach 10,000 in 2015 for the first time in years thanks to a surge in construction activity, even as new housing starts and prices at the centre of the capital start to slow. According to a report released today by property firm JLL, there are now 21,900 units under [...]
Where to drink in the City: The changing face of Square Mile nightlife September 17, 2014 The City of London: engine-room for the country’s economy, working place of some of the most powerful decision-makers in the Western world. But the Square Mile is strangely anachronistic in terms of its watering holes. If you fancy a drink after work, the choice has tended to be between good old spit and sawdust boozers [...]
Independent Scotland would need £100bn to avoid recession, UBS warns September 16, 2014 The remainder of the UK could have to lend an independent Scotland as much as £100bn to avoid a calamitous recession north of the border, a group of economists warned yesterday. Any suggestion of such a deal could lead to a rebellion by English MPs who are already frustrated by party leaders’ offer to spend [...]
Caliphate in the UK: From Hampshire to the city September 16, 2014 A few months ago, the word "caliphate" suddenly appeared in headlines in every newspaper, signalling the beginning of the sinister rise of Islamic State (IS), the group currently wreaking terror in the Middle East. But IS isn't the only caliphate – there are similar groups all over the world. Although it's safe to say the [...]
Are the English and Welsh right to support a No victory in the Scottish independence vote? September 15, 2014 Ewen Stewart, a director of Walbrook Economics and author of Much Cost, Little Benefit for the Scottish Research Society, says Yes. Make no mistake – the break-up of Great Britain would be an earth-shattering event, the effects of which would be felt far beyond Scotland. The UK is viewed as one of the most stable, [...]
The Chinese city of Chongqing has created the world’s first lane for mobile phone-using pedestrians September 15, 2014 Anyone who has spent time in a city is familiar with the frustrations of phone zombies – the strange, hunched figures absent-mindedly wandering into oncoming pedestrians' paths because they're too busy using their phones to look where they're going. Now the Chinese city of Chongqing has solved the problem, by creating the world's first lane [...]
West End landmark Trocadero to be turned into budget hotel September 11, 2014 THE TROCADERO in Piccadilly is to be given a makeover after Europe’s largest hotelier Accor announced yesterday it had struck a deal to turn the famous West End landmark into a budget three-star hotel. Owners Criterion Capital, run by property magnate Asif Aziz, have already begun work on redeveloping the building into a 583-room hotel, [...]
Welcome to our new readers from far and wide September 7, 2014 City A.M. is continuing to extend its reach, adding 30 new stations to its distribution network in and around the capital. From today we welcome on board new commuters to the west and north east of London. So, good morning to those in Bishops Stortford, Audley End and all the way to Cambridge; and on [...]
Injury scare to midfield ace rocks England and Hodgson September 7, 2014 LUCKLESS England suffered further injury woe on the eve of their tricky Euro 2016 qualifier in Switzerland tonight after Liverpool midfielder Jordan Henderson limped out of training at St Jakob Park having sustained a knock to his right ankle. Henderson is likely to be monitored before undergoing a fitness test ahead of the Group E [...]
Open House 2014: Our pick of the best events in the City of London September 4, 2014 It’s hard work running a city – especially one that leads the world in culture, heritage and population growth, like London. The increasing demand for housing in the capital has put more pressure than ever on our open spaces and buildings. The pace of urban change is fast and cities need creative solutions to stay [...]