Hotel Review: Windjammer Landing, St Lucia November 29, 2021 If you’re ready to escape the bleak British winter for some Caribbean sun, we have just the thing… The stay We’re ditching the grey skies if London for the tropical climes of St Lucia’s yacht-speckled bays. Travelling in the Covid-19 era ain’t for those afraid of form-filling, pre-testing, masking-wearing or very regular hand-gel application but [...]
Markets digest Omicron: After worst equity day of the year on Friday, we are in for a bumpy ride this week November 29, 2021 The wider question with respect to Friday’s market collapse and the worst day for equity markets this year, as well as the 13 fall in oil prices, is not so much as to whether it was justified or not, but whether it marks a sea change in market sentiment when it comes to the economic [...]
Rail unions to protest outside parliament in bid for more TfL funding November 29, 2021 Transport unions will next week stage protests outside parliament to warn that the capital will “grind to a halt” without long-term financial help for Transport for London (TfL). Wednesday’s protest will see members of the Rail, Maritime and Transport union (RMT) and Transport Salaried Staffs Association (TSSA) rally against the government’s refusal to offer a long-term funding [...]
Tory by-election candidate says levelling up agenda includes outer London November 28, 2021 The Conservative candidate in an upcoming by-election has claimed the government’s levelling up agenda includes poorer parts of outer London. Old Bexley and Sidcup candidate Louie French told City A.M. that Boris Johnson’s flagship agenda, generally thought to only encompass the Midlands and the North, “completely” includes economically deprived areas of the capital and that [...]
HS2 plans to scrap line to Leeds announced before value for money analysis completed November 28, 2021 The decision to scrap HS2's eastern leg from East Midlands to Leeds was taken without a formal cost-benefit analysis of the remaining line.
Mayor of London slams planned tube strikes for putting women’s safety in the lurch November 25, 2021 Sadiq Khan has attacked tube workers’ plans for strike action tomorrow as he said services help London women “get home safely at night.” The Victoria, Central, Northern, Jubilee and Piccadilly lines will be affected as RMT drivers are urged not to clock in for work tomorrow from 4.30am. Transport for London has said the action [...]
Entire Tube line could close as TfL financial crisis deepens November 25, 2021 Transport for London (TfL) is currently considering closing down an entire Tube line as a result of its difficult financial situation. TfL’s chief financial officer Simon Kilonback told the operator’s finance committee that TfL could see the “full closure of a line or part of a line or smaller reductions across the whole network.” “We [...]
Soaring inflation in construction could spell disaster for housing in England November 25, 2021 The construction industry has been hit badly by inflation. Material prices are up: in terms of year on year increase, structural steel is at 65 per cent, reinforcement steel is at 62 per cent and plywood is at 56 per cent. Familiar supply chain problems are causing delays, and the cost of both energy and [...]
Seraphim injects $12.5m into Tokyo’s space debris pioneer Astroscale November 25, 2021 London-listed Seraphim Space Investment Trust has injected $12.5m into Tokyo-headquartered Astroscale, as the blossoming space sector takes hold internationally. The Japanese space-tech firm also recently snagged $109m in a series F funding round. With billionaire entrepreneurs pinning their next ventures on what lies beyond Earth – the market has become more financially accessible to smaller, [...]
Why consistency matters November 24, 2021 Despite an eventful decade that has proved unsettling for markets, The Henderson Smaller Companies Investment Trust has consistently outperformed its benchmark by looking through the noise and sticking to its tried and tested investment process. In this article, Neil Hermon, Portfolio Manager of the Henderson Smaller Companies Investment Trust, explores moments that have defined the [...]