Central London office demand roars back to life as West End occupancy booms August 31, 2022 Central London office take-up has rebounded back to pre-pandemic levels this year and has even surpassed the ten-year average. Occupancy in the heart of the capital bounced back to pre-Covid levels during the 12 months to the end of 2022’s second quarter, according to data from real estate advisor CBRE. Take-up for offices hit 12.7m [...]
City impact investment chief Jim Roth on greenwashing: ‘If you can’t measure it, you cannot manage it’ August 31, 2022 So-called “green” investment claims, and the substance behind them, are dominating the agenda of many City firms and the wider UK business community. ESG disclosure regimes aim to counter “greenwashing” by requiring financial firms who have marketed their investment products as “green” to disclose data relevant to their investments’ sustainability. However, the relatively new City [...]
Poorly insulated households to pay over £700 more on rising energy bills August 31, 2022 Poorly insulated households will see their energy bills rise over £700 more than energy users living in more efficient properties.
North Sea body urges Government to confirm green rules for new projects August 31, 2022 OEUK has called on the Government to publish its requirements for exploration projects ahead of a looming winter crisis.
City Moves: Who’s switching jobs in the Square Mile? August 31, 2022 City A.M.’s Millie Turner provides a roundup of the most important hires and job moves across the City, every morning. Email citymoves@cityam.com to be featured. Jo Cowen Architects Chelsea-based residential architecture practice Jo Cowen Architects, which works with Berkeley Homes, has appointed a strategic director. Stepping into the newly created role is Laura Cassullo, who has overseen the 910-home scheme by Brentford [...]
We need to build houses for renters as well as owners August 31, 2022 Adam Neumann, for better or worse, was at the forefront of a revolution of how people viewed the office. Now the former WeWork founder has turned his attention to a different kind of real estate, as cities around the world struggle with overheated rental markets. Before WeWork, Neumann first wanted to start a co-living concept, [...]
What are the best FTSE 100 dividend stocks for September 2022? August 30, 2022 In this new inflationary reality, the best FTSE 100 dividend stocks are not just those which are highest yielding, but also those which are most likely to continue to pay their dividends through what could become a severe recession. The FTSE 100 is by its nature defensive, down a mere 1% year-to-date. But with the downturn almost [...]
Truss refuses to reveal cost of living plans until she has the keys to No 10 August 30, 2022 Members of Liz Truss’s team have confirmed the Tory leadership frontrunner will not finalise her plans for crucial cost-of-living support before receiving the “full support and advice” only available to the government of the day. The public will likely be forced to wait to find out what help they will get with skyrocketing energy bills [...]
40,000 BT staff strike over pay: ‘We won’t have bosses use Swiss banks while workers use food banks’ August 30, 2022 Over 30,000 Openreach engineers and 10,000 BT call centre workers are staging a walkout today over pay, as the summer of strike action continues.
Pubs and brewers at risk from energy crisis, warn UK’s biggest pub companies August 30, 2022 Pubs and brewers across the UK are at risk of closure within months amid price hikes upwards of 300 per cent, industry bosses have warned. Bosses of six of the UK’s biggest pub and brewing companies have signed an open letter to the Government urging it to act in order to avoid “real and serious [...]