Manchester unveils £15bn plan to become go-to tourist destination outside London January 29, 2025 Greater Manchester has unveiled plans to grow its visitor economy to be worth £15bn by the end of the decade in a bid to be the go-to tourism destination in the UK outside of London. The new strategy, which covers a five-year period through to 2030, aims to increase the region’s visitor economy from around [...]
Fine words from Reeves – now let’s get Britain building January 29, 2025 Rachel Reeves is right to make reforming our sclerotic planning system the centrepiece of her economic strategy. But if she’s going to succeed she must consign the bat tunnels and fish discos that too often block development to the dustbin of history, says Sam Richards In 2014 winter sports fans were getting ready for the [...]
‘Not a second to waste’: City of London calls for action to back up Reeves plans January 29, 2025 The City of London has warned the government there “isn’t a second to waste” in pushing through its growth plans today after the Chancellor Rachel Reeves set out proposals designed to kickstart investment into the economy. In a speech in Oxfordshire, Reeves looked to reset the government’s economic agenda in a speech which committed to [...]
Heathrow: Sadiq Khan ‘remains opposed’ to third runway January 29, 2025 Sadiq Khan has confirmed he “remains opposed” to a third runway at Heathrow Airport, putting him on a collision course with Chancellor Rachel Reeves. The mayor of London responded to Reeves’ announcement of the government’s backing for the UK’s only hub airport to expand its facilities during her economic speech on Wednesday. Khan said: “I [...]
Grow, baby, grow… but will Labour’s growth agenda be enough? January 29, 2025 City AM’s politics reporter, Jessica Frank-Keyes, unpacks the week in Westminster. Today, she tackles Labour’s growing promises. Picture a graph with the x axis stretching from 1800 to the present day. The data is represented as a fairly flat line along the bottom, up to about 1960. Then it bumps around at about a quarter [...]
Five airport expansions at once? London’s economy is finally ready for takeoff January 28, 2025 London’s airports are an economic success story for the whole UK. Increasing capacity is a no-brainer, writes BusinessLDN chief John Dickie.
Ferrari Group picks Amsterdam for $1bn float in fresh snub to London Stock Exchange January 27, 2025 Ferrari Group, which specialises in shipping luxury goods across the globe, has announced plans for a $1bn float in Amsterdam in another blow to the London Stock Exchange. The London-headquartered company has confirmed its intention to launch an initial public offering (IPO) on Euronext Amsterdam. Ferrari Group was founded in Italy in 1959 and has international operations [...]
Former London night czar Amy Lamé founds consultancy 24hr Cities January 24, 2025 The former London night czar Amy Lamé has founded a new global consultancy called 24hr Cities. Lamé, who served as Mayor Sadiq Khan’s expert on the capital’s nightlife, received a £132,846 salary by the end of her tenure at City Hall and stepped down in October 2024. But her time in office saw London’s nightlife [...]
Green belt site near M25 to host Europe’s largest AI data centre January 24, 2025 Plans for Europe’s largest cloud and artificial intelligence (AI) centre near the M25 in Hertfordshire have been approved, in wake of the UK launching its so-called ‘action plan’. The state of art facility will be built near the Elstree substation, 30 minutes from central London, and will span up to two million square feet, carrying [...]
Andy Burnham wants Manchester to add an extra £13bn a year to the UK economy – this is how January 24, 2025 A decade-long plan to increase Greater Manchester’s contribution to the UK economy by £13bn a year has been unveiled by the region’s mayor, Andy Burnham. The proposal, which has been made public today, would see the “whole Greater Manchester system mobilised” to deliver £1bn of investment every year between now and 2035. Burnham has also [...]