Sadiq Khan: Liz Truss, let’s turn the page for London and the UK’s benefit alike September 5, 2022 Sadiq Khan: One of my biggest hopes it that Liz Truss will put a stop the divisive, anti-London approach pursued by her predecessors
‘The law of Karma works’: India overtakes former ruler Britain as fifth biggest economy September 5, 2022 India has overtaken its former ruler Britain to become the world’s fifth largest economy. A billionaire tycoon said the news shows the “the law of Karma works”, after the International Monetary Fund made the announcement this week. India’s economy grew seven per cent in the last three months, according to calculations based on US dollars, [...]
This week: Housebuilding space to come under spotlight with key players revealing results September 5, 2022 Investors will get a good idea of how the housing market is faring with a trio of leading housebuilders unveiling financial results this week. Barratt Developments, Berkeley Group and Vistry are all set to update shareholders on their performance amid reports the housing sector is losing steam. London-listed housebuilding giants Barratt, Berkeley, Persimmon and Taylor [...]
Please, end the political pass the parcel and build up our energy infrastructure September 5, 2022 Today the Conservative Party announces its new leader, drawing the curtain down on three years of Boris Johnson’s inimitable premiership. It is the third internal change of leader in six years, and we might hope as a nation that we are now given a little respite. Choosing a lowlight of the campaign is not easy. [...]
Sunday Sitdown: Grind’s CEO on conquering America with his cult coffee chain September 4, 2022 Londoners may recognise the Grind coffee brand. There are currently eight branches around the capital and a 15,000 sq ft roastery in Bermondsey. Despite a hit to cafe revenues during the pandemic, the company is taking its business model across the pond as City A.M. can reveal today Grind has ambitious plans to conquer the [...]
Truss promises immediate help with energy bills September 4, 2022 Liz Truss has promised to provide immediate help with soaring energy bills if she is made Prime Minister in the coming days. The leadership favourite, who is expected to be announced as Tory party leader and Prime Minister tomorrow, said today that “we face serious, serious challenges which will take immediate action from the government”. [...]
Saturday Read: Cash-strapped home owners turn their properties into personal cash machine September 3, 2022 The amount of wealth being released through equity release could pass £6.5bn by 2025 after more than a decade of increasing popularity and growth. Overall, in the ten years following 2011, the amount of property wealth being freed up through equity release increased by 508 per cent, reaching the 2021 total of £4.8bn. Back in [...]
Bus fares to be capped at £2 this winter in England September 3, 2022 Bus journeys are to be capped at £2 for a temporary period next year as a government measure to tackle the cost of living crisis. A cap will be introduced in England from January to March next year, as households face soaring energy bills this winter. The Department for Transport (DfT) said its £60m scheme [...]
Brexit: £120m festival has just 238,000 visitors after being ‘hijacked by wokeness’ September 2, 2022 A £120m festival launched to celebrate Brexit has been branded a flop after just 238,000 visitors turned up. The taxpayer-funded so-called ‘festival of Brexit’, later renamed ‘Unboxed’ was branded “beyond parody in terms of wokeness” by the former minister for leaving the EU. In a report published by House, the publication for Parliament, organisers reportedly [...]
Westminster push for North Sea fossil fuels slammed by climate groups September 2, 2022 Climate groups have criticised Westminster's latest attempts to boost oil and gas production in the North Sea.