The Capitalist: City boys fight for £1k Oasis tickets as corporate demand explodes August 29, 2024 Oasis tickets look set to be the hottest corporate perk next year, with firms already splashing out for packages, The Capitalist has learned.
London risks Swiftly squandering Eras Tour boost to the economy August 28, 2024 Taylor Swift’s Wembley gigs showed just how good London’s nightlife can be, but it’s all under threat from Nimbyism and over-regulation, says Emma Revell I am a strong believer that one of the best ways to get to know someone is to see what niche topic they can speak about positively and passionately, uninterrupted, for [...]
Taylor Swift’s Eras Tour boosts London amid calls for the icon to get Freedom of the City August 23, 2024 On Tuesday night, Taylor Swift played the final show of the European leg of her record-breaking Eras Tour at Wembley Stadium. The results are in: London saw a boost in consumer spending, city footfall and tube journeys during her stay in the capital, with one MP describing her tour as a “lifeline” to the UK [...]
August bank holiday weekend: UK set for £3bn boost as 11m Brits plan mini-break August 21, 2024 Brits will be packing up their cars and going for short breaks during the bank holiday weekend, with the UK economy set for a £3.1bn boost. Fresh figures from Visitengland said the August bank holiday weekend will mean 11m Britons planning an overnight trip somewhere in the country, bringing in billions of pounds to the [...]
Falling number of London taxi drivers leads to LEVC losing more than £100m August 21, 2024 LEVC is attempting to boost its net worth by £100m to combat the falling number of taxi drivers in central London and the expected further decline in its sales this year. The Coventry-headquartered electric taxi maker, which is also known as London EV Company, is in the process of increasing the value of everything a [...]
Costain launches £10m share buyback as profit and backlog jumps August 21, 2024 Engineering firm Costain has kicked off a £10m share buyback after it revealed a set of strong results this morning. In its half-year results, the company revealed that adjusted operating profit had jumped 8.7 per cent to £16.3m, thanks to an increased operating margin at its transportation arm and increased revenue at its natural resources [...]
The pockets of London propping up the prime commercial property market August 20, 2024 The commercial prime market is, for want of a better word, doing OK. In the City, leasing increased by one per cent over its long-term average in the second quarter, while overall demand was 12 per cent below its long-term average. For a sector pummelled by downsizing amid changes to weekly working patterns, it’s not [...]
Why Lord’s Cricket Ground and Wembley Stadium are the best areas for buy-to-let in London August 19, 2024 Buy-to-lets in London are, famously, quite a good idea – if you have the money to spend on them. But rental yields – defined as the return on your investment after accounting for costs like mortgages and taxes – have been hammered by high interest rates lately, making it crucial to buy in the right [...]
Crafty Londoners to create sign for renamed Overground line August 18, 2024 A textile version of a new London Overground sign will be created at public weaving sessions, Transport for London (TfL) has announced. Participants will work together to make a Weaver line roundel to be displayed at a station on the route for millions of passengers to see. Each of the six Overground lines will be [...]
Aslef: Rail strikes called amid ‘toxic situation’ in dispute with LNER August 17, 2024 Aslef’s lead negotiator has said the union is putting “members first” in a “toxic situation” after announcing a fresh series of strikes. Train drivers working for LNER – which runs the passenger service on the East Coast main line between London and Edinburgh – will walk out on weekends from the end of August in [...]