Facebook to create 500 jobs in the UK November 21, 2016 Facebook has said that it will be hiring an additional 500 employees next year when it opens its new base in London. The tech giant will be creating jobs in engineering, marketing, and sales at its new Fitzrovia headquarters. Nicola Mendelson, Facebook's European boss, said: "The UK remains one of the best places to be a tech [...]
Sadiq Khan wants Volkswagen to cough up £2.5m owed to London in congestion charges November 20, 2016 As if Volkswagen didn't have enough on its plate, now it's facing a £2.5m compensation demand from mayor of London, Sadiq Khan. Khan has written to the car giant after Transport for London (TfL) found that an estimated 80,000 of the 500,000 VW cars registered to addresses in the capital, were fitted with illegal defeat devices. So [...]
There are now 50/1 odds Dragons’ Den star Peter Jones will be the UK’s next Prime Minister November 19, 2016 If British politics follows the US example, allowing an outsider businessman to ascend to the helm of the nation, Peter Jones could soon be swapping the set of Dragons' Den for Number 10. There are now 50/1 odds that Jones will be the UK's next Prime Minister, according to online betting site BetStars, after the entrepreneur [...]
Full Croydon tram services resume after tragic Sandilands accident November 18, 2016 Tram services have resumed across the entire network following last week's tragic accident in Croydon. Seven people were killed after a tram derailed and overturned near the Sandilands stop in south London early last Wednesday morning. The tram driver was arrested on the same day the incident occurred, and questioned on suspicion of manslaughter. He [...]
London mayor Sadiq Khan confirms transport fares will be frozen November 18, 2016 Transport fares for Londoners will be frozen at current levels until 2020, Sadiq Khan has confirmed. The freeze in Transport for London (TfL) fares for the next four years means that everyone buying a bus or tram ticket in London will not pay a penny more next year than they did in 2016. Pay as you go [...]
Sterling’s slide spurs international buyers into looking for a London home November 18, 2016 The slide in sterling since the Brexit vote has encouraged foreign buyers into the London property market. The proportion of international buyers increased six per cent in the third quarter, as compared to the second, according to research from Fionnuala Earley, residential research director at Hamptons International. The proportion of international buyers now sits at 29 [...]
Sadiq Khan is facing more pressure over his controversial new Night Tsar November 18, 2016 London Assembly Tories are heaping fresh pressure on mayor Sadiq Khan over the controversial appointment of his new Night Tsar by demanding the chance to grill Amy Lame over her new role. Khan has already had to defend the appointment after Assembly Members raised questions over controversial comments made by Lame on Twitter. The mayor stressed on [...]
London’s still the number one city in Europe for digital startups November 18, 2016 Nobody is taking London’s crown as the best city in Europe for digital entrepreneurs. Not yet anyway. For the second year in a row, it has been crowned the best EU city for digital entrepreneurs. According to innovation foundation Nesta and the European Digital Forum’s European Digital City Index, the capital is still the best city [...]
World’s largest Lego store opens in London’s Leicester Square November 17, 2016 The world's biggest Lego store opened its doors in London's Leicester Square earlier today. The store, which is the 131st to open worldwide, features a life-sized Underground Tube carriage, where visitors can pretend to take a trip with a Royal Guard and a rather famous bard, but without the signal failures. The carriage, which took [...]
London’s Brexit wish-list must include rules allowing entry for migrants without jobs, according to Assembly Members November 17, 2016 New immigration rules must not prevent people without job offers entering the country, according to London Assembly Members, who have drawn up a post-Brexit wish list for the capital and the Square Mile. While Theresa May has suggested new restrictions will be a key part of any divorce terms negotiated with the EU, chancellor Philip [...]