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      Bentley’s debut EV drives £1bn motoring investment surge in a week

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      Red Bull spent £1.3bn on athletes like Stokes, Verstappen and Neymar in 2025

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  • City Corporation clamps down on mixed-household Christmas parties amid rising COVID cases

    December 11, 2020

    Square Mile pubs and restaurants are being told they will be fined for allowing mixed-household Christmas parties in a tough clampdown by the City of London Corporation. The Square Mile’s governing body issued the warning as London faces the threat of moving into Tier 3: Very High alert, as coronavirus cases rise across the capital. [...]

  • E-scooter firm Pure Electric to open stores in Paris and Madrid in European expansion

    December 10, 2020

    E-scooter firm Pure Electric is set to open new stores in Paris and Madrid as part of a 20-store expansion into Europe next year. Despite Brexit uncertainty, the Glastonbury-based business will embark on a rapid scaling up in 2021 which will see it more than double its current number of stores. The first of these [...]

  • Government report says Hammersmith Bridge may be safe to partially reopen

    December 10, 2020

    A government commissioned report has said Hammersmith Bridge is potentially safe to reopen to pedestrians and cyclists and that the local council’s safety report was too conservative. The report – commissioned for the Department for Transport’s task force and undertaken by engingeering company Aecom – said “there is now a better understanding of how the [...]

  • Confidence in the City of London remains strong, with planning applications up in November

    December 10, 2020

    The number of planning applications for the City of London have exceeded pre-pandemic levels, showing investor confidence in the district.

  • Tube usage bounces back to October levels as Londoners dash for shops

    December 10, 2020

    Tube and bus usage jumped back to pre-second lockdown levels last week as Londoners rushed back to shops, pubs, and restaurants after a month of restrictions. On 4 December, there were 1.56m journeys made on the London Underground, and 3.6m trips made by bus, data from TfL shows. That’s roughly a third higher than the [...]

  • Snakes and Ladders: Who is moving jobs in the City this week?

    December 10, 2020

    Snakes and Ladders provides a roundup of the most important hires and job moves across the City

  • Stagecoach profits plunge 91 per cent on lockdown restrictions

    December 9, 2020

    Bus operator Stagecoach has taken a significant hit to its first-half profits as the pandemic continues to restrict its regional bus services.  The company’s profits fell to £5.4m in the six months to 31 October compared to £65.9m in the same period last year.  This came after revenue from £800.2m to £454.6m in the first [...]

  • Tory mayoral candidate calls for Night Tube and Waterloo & City line to open

    December 7, 2020

    Tory mayoral candidate Shaun Bailey is urging Sadiq Khan to reopen the entire London Underground network, including the Night Tube and City & Waterloo line. Bailey also called for all Transport for London (TfL) staff to be given a free flu jab this winter. TfL closed the City & Waterloo line – which is a [...]

  • A healthy dose of FOMO can get London’s workers back to the office

    December 7, 2020

    Covid-19 has made central London unrecognisable — the quiet streets and empty offices of today are a far cry from the bustling metropolis it once was.  Despite the end of the second national lockdown, there hasn’t been much improvement since the summer. A recent survey from Arup showed that London is still trailing other British [...]

  • High-flying business figures exempted from travel quarantine rules

    December 4, 2020

    Business travellers who arrive back into England will no longer have to self-isolate if they come in from a country not on the government's travel corridor list.

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