Fresnillo forecasts fall in gold production due to landslide January 27, 2021 Precious metals miner Fresnillo today said that gold production would fall over the coming year due to a landslip at one of its mines. The FTSE 100 company said that full year gold output for 2021 was expected to come in at 675 to 725 k/oz. This year the firm reported production of 769 k/oz, [...]
City of London chief: Brexit impact ‘not at all catastrophic’ as Square Mile will thrive without EU access January 27, 2021 Brexit’s impact on London’s loss of financial business has not been catastrophic, the chief of the City of London Corporation said this morning. Catherine McGuinness, political leader of the Square Mile’s ruling body, insisted the City will thrive even if the European Union “irrationally” blocks access. London has endured business and job losses since the [...]
Exclusive: Sadiq Khan to bang the drum for City of London at World Economic Forum January 27, 2021 Exclusive: Sadiq Khan to bang drum for EU-City deal at World Economic Forum
London mayoral candidate fumes after being fined for touring Southwark January 25, 2021 London mayoral candidate Brian Rose was fined in Southwark on Sunday as he was out campaigning. Police spotted a legally parked bus in Southwark on Sunday morning, quickly descending on the team and issued £200 fines. Businessman Rose was recording a socially distanced video at the time and claims to have been fined despite showing [...]
Mayor of London pledges 999-year shared ownership lease to tackle unfair extension costs January 22, 2021 Sadiq Khan has stood up for leaseholders in the capital by pledging a 999-year shared ownership lease on homes until 2026. The mayor has delivered a new expectation that all shared ownership homes built under his new £4bn Affordable Homes Programme are sold on a long-lease basis. He wants London to lead by example and [...]
London mayoral election campaigns kick off despite lockdown January 22, 2021 The London mayoral election seems to kick off in earnest today as one of the underdog candidates will tour London in a Covid-secure tech bus. Mayoral candidate Brian Rose will go up against a current Mayor Sadiq Khan and travel the city in a tech-fitted bus, which includes a live-streaming TV studio. The businessman – [...]
Rishi Sunak set to extend furlough scheme past April January 21, 2021 Rishi Sunak is reportedly set to extend the government’s furlough scheme beyond the end of April in his 3 March Budget. The chancellor is drawing up plans to extend the £82bn scheme into the summer as the UK looks set to have strict Covid restrictions in place for several months. The scheme, which sees the [...]
TfL adds 300 electric vehicle charging points ahead of ULEZ expansion January 21, 2021 Transport for London (TfL) has now installed nearly 6,000 electric vehicle charging points across London as preparations for an expanded Ultra Low Emissions Zone (ULEZ) continue apace. The transport network this morning said that it had managed to hit its target of installing 300 more charge points this year, despite delays from the coronavirus pandemic. [...]
London is lowest-vaccinated region in England despite highest population density January 20, 2021 London is currently the lowest-vaccinated region in England, according to the latest official figures, despite having the highest population density. Data from NHS England showed that just under 440,000 people in London have been vaccinated against coronavirus to date — the lowest figure for any English region. The figure is almost half the number of [...]
Sadiq Khan backs CBI’s calls for furlough extension January 19, 2021 The mayor of London has backed calls from the CBI for further financial support for businesses, saying current deadlines create a "financial cliff edge"