Housing market a ‘ticking time bomb’ as prices slow amid mortgage mayhem June 21, 2023 The housing market has slowed amid the mortgage crisis, with experts warning it is like a “ticking time bomb” before it crashes. This morning’s House Price Index from the Office for National Statistics (ONS) show average UK house prices increased 3.5 per cent in the 12 months to April 2023, but this was down from [...]
Sadiq Khan to address ‘cost of doing business’ crisis at summit with Uber and Natwest June 20, 2023 Sadiq Khan is set to address the “cost of doing business crisis” at a crunch summit with firms including Uber, Natwest and KPMG. The mayor of London will welcome more than 200 CEOs to his annual City Hall business reception at the Crystal in east London today. He is expected to tell firms the “cost-of-doing-business [...]
Mayoral Election: Tory hopeful vows to extend Khan’s free school meals pledge June 18, 2023 Conservative mayoral candidate hopeful Susan Hall has pledged to extend the free school meals programme beyond 2024. The assembly member and former City Hall Tory leader said she would continue the scheme past the date it is set to expire under Sadiq Khan. She said: “While the cost of living situation remains difficult for so [...]
The Notebook: Andy Silvester on the Tory Mayoral race, a new must-read and a tremendous lunch spot June 15, 2023 The Tories appear to have done a real botch-job of selecting their candidate for next year’s mayoral election. Most who were paying attention expected the final three or four to be a combination of Paul Scully, the minister for London and Sutton MP, social media star and former adviser Samuel Kasumu, techie and diplomat Daniel [...]
London Tech Week: Sunak and Hunt’s charm offensive was no light touch June 12, 2023 Charlie Conchie, City A.M. investment editor, reflects on day one of London Tech Week. What’s a growth mindset and how can I get one? Solving the UK’s tech investment gap is not just tweaking rules and regulation, Chancellor Jeremy Hunt said yesterday, but also “looking at our mindset”. “That’s something I think we need everyone’s [...]
AI can help capital tackle climate threat, Sadiq Khan says June 12, 2023 Artificial intelligence (AI) can be deployed to help London tackle the threat from climate change, Sadiq Khan has said. The mayor of London has launched a review exploring how data and technology can help the capital thrive in a changing environment. At the opening of London Tech Week on Monday, Khan outlined how blistering heatwaves [...]
Shock result as Paul Scully MP fails to make Tory mayoral candidate shortlist June 11, 2023 Conservative MP Paul Scully has failed to make it onto his party’s shortlist in the race to take on Sadiq Khan for mayor of London. The upset saw the minister for London – widely thought of as the likely Tory favourite – snubbed in favour of assembly member Susan Hall, former No 10 advisor Daniel [...]
London workers are £50,000 worse since 2010 due to wage stagnation, Sadiq Khan report claims June 9, 2023 Workers in London are £50,000 worse off since 2010 due to “scandalous” poor wage growth over the past decade, according to a new report. An analysis from London Mayor Sadiq Khan suggested that workers in the capital have lost thousands of pounds every year as their salaries have failed to keep pace with inflation. In [...]
London beats New York (and everywhere else) on decade of tech investment June 8, 2023 London has beaten its rivals to take the top spot for global tech investment over the past decade after raking in cash across more than 1,700 separate investment projects, according to new figures.
London deserves a mayor who champions hospitality for both residents and tourists June 6, 2023 London is a city steeped in history, from the Tower of London to Buckingham Palace. It has been the home to thespian greats who have performed in venues in the West End and in Shakespeare’s Globe. It’s also the major European city with the highest number of green spaces. If culture isn’t for you, then [...]