Legal sector talent war drives boom in London office market December 5, 2022 Britain’s top law firms are driving a surge in demand for City office buildings in their efforts to win over talent and meet their ESG goals. Law firms have taken up a record 1.5m square foot of office space in 2022, following a series of big deals involving Britain’s top firms, data from Knight Frank [...]
The Great Smog must be firmly in the past: our City will display exemplary air quality December 5, 2022 Seventy years ago this week, five days of toxic air brought London to a standstill. Flights were grounded, cars abandoned, and trains cancelled. The “Great Smog” – as it became known – descended on the capital, as smoke and noxious fumes from coal fires, vehicles, and factories mixed with fog and mist. Initial estimates suggested [...]
John Lewis seals £500m deal with Abrdn to enter rental property market December 2, 2022 John Lewis has signed a £500m deal with investment giant Abrdn to enter the rental property market. The agreement announced today will see the High Street titan deliver a thousands new homes a year, with a view to having built 10,000 in the next decade. In a bid to diversify and move away from dependency [...]
TfL to invest £8.1bn into London’s road and rail network December 1, 2022 TfL is set to invest £8.1bn into London’s road and rail network as part of its long-term business plan. Set to support London’s economic recovery whilst achieving financial sustainability, the draft plan includes an annual £150m expenditure in safe and active travel, as well as a £110m scrappage scheme. The scrappage scheme will help offset [...]
Winter of discontent: Platform staff join rail workers with more strikes in December November 30, 2022 Station platform workers have piled on more pressure to the British public before Christmas announcing a series of strike days in mid-December. Members of the TSSA union will join railway colleagues on the picket line as part of a long-standing dispute over salaries and jobs. Avanti West Coast workers will walk out on 13, 14, [...]
Rail strikes: Time for the government to bang some heads together November 30, 2022 Government has continued to claim rail strikes are a private discussion - but it's time for them to muscle in and find a deal
The best city cars to buy in 2022 November 30, 2022 Drive in London? Tim Pitt nominates the best city cars you can buy in 2022, including the Citroen Ami, Kia Picanto and Volkswagen Up.
Open banking should be a blueprint to create more competition across sectors November 29, 2022 When Transport for London opened up their data, it enabled the creation of Citymapper.
Demand for London offices unphased by remote work and downward economic trends November 28, 2022 Demand for office space in central London has held firm despite the ongoing work-from-home trend and economic downturn risking upending the capital’s market. Uptake of central London offices surged 63 per cent in the first nine months of this year, in comparison with 2021, according to data shared exclusively with City A.M. today by BNP [...]
Qatari investment in London pulled into question over transport advert ban November 26, 2022 Qatar is reportedly reviewing its investment in London after the capital banned the country’s adverts from its transport network. Transport for London (TfL) contacted Q22, the body overseeing the World Cup, to inform them of the ban this week, the Financial Times reported, citing a person involved in the Qatari review. In response, Qatar said [...]