Green belt homes ‘needed’ to solve housing crisis, Sadiq Khan says May 15, 2025 London is suffering a chronic housing shortage. Lacklustre rates of housebuilding have helped push up the cost of a home to well beyond the reach of ordinary Londoners. The price of an average terrace house in Camden has roughly tripled compared to twenty years ago to more than £1.5m today, Land Registry data shows, while [...]
Building on the green belt won’t solve London’s housing crisis May 13, 2025 The Mayor’s plan to release green belt land for development is a good start, but if we really want to fix London’s housing crisis we need to build more and higher in the centre, says Joe Hill London’s success isn’t inevitable. It’s based on people wanting to live and work here, and there being enough [...]
Pension funds sign Mansion House Accord in £50bn boost to UK May 13, 2025 The UK economy could be about to receive a £50bn cash injection after Britain’s biggest pension funds pledged to redirect resources into private markets in a major policy shift. The voluntary, non-binding agreement by the funds, dubbed the Mansion House Accord, will see increased investment into major infrastructure projects as well as greater venture capital [...]
Cable fault causes London Underground disruption and fire May 12, 2025 A cable fault has caused travel disruption and a fire in London. The Elizabeth, Bakerloo, Jubilee and Northern lines were all disrupted on Monday afternoon after a fault on the National Grid’s transmission network. The malfunction also caused a blaze at an electrical substation in the Cunningham Place and Aberdeen Place area in Maida Vale, [...]
Greater Anglia to be nationalised in October May 10, 2025 Greater Anglia is set to be nationalised later this year, it has been confirmed. The rail operator, which runs services to the East of England and into London, said it would be brought into public ownership on October 12. Martin Beable, Greater Anglia’s managing director, said management “remain focused” on delivering services ahead of the [...]
Bolt: Uber rival appoints first UK boss May 8, 2025 Bolt, the Estonian ride-hailing platform, has appointed a new UK boss in a sign of its intention to double down on its second biggest market. Kimberly Hurd will join as the company’s first senior general manager for the UK, following stints in the fintech sector and at the Indian food delivery app Zomato. Top of [...]
‘Richard Branson told me not to start my business’: Gravita CEO Caroline Plumb May 8, 2025 We dig into the memory bank of the City’s great and good. Today, Gravita CEO Caroline Plumb tells us about her life as a serial entrepreneur.
Campaign group threatens transport secretary with legal action over Luton Airport expansion May 7, 2025 Legal action has been threatened against the government over the major expansion to London Luton Airport as a campaign group signals a judicial review
City of London elects new planning and transport committee chair May 6, 2025 The City of London Corporation has appointed Tom Sleigh as chair of the Planning and Transportation Committee, succeeding Shravan Joshi MBE. Joshi has taken on the role of the Committee’s deputy chair uncontested, replacing Graham Packham. Sleigh, who has represented the ward of Bishopsgate since 2013, said it was a “privilege to be elected… at [...]
M&S and Co-op: UK retailers brace for cyber attacks May 1, 2025 Two of the UK’s most recognisable retail brands – Marks and Spencer and Co-op – found themselves at the centre of a growing cyber security storm this past week. From suspended online orders at M&S to locked-down systems at Co-op, the message from the frontline is clear: cyber threats are no longer just an IT [...]