British Land earnings soar as competition heats up for work campuses May 18, 2022 British Land, one of the UK’s largest property developers, has secured a £251m underlying profit for the last 12 months, as its earnings per share nearly doubles. The FTSE 100 builder’s profit jumped 25 per cent in the period, the equivalent of £50m. Meanwhile, earnings per share have soared from 18.8p to 27.4p over the [...]
If Johnson wants a future proof economy, he needs a resilient core in all of his policies May 18, 2022 Last week, we heard plans to strengthen consumer protection, boost innovation and support the transition to net zero. The realignment with the interests of business in the UK was welcome. The government needs to reset its strategic direction and put resilience at the heart of policymaking and focus. We hear the term future proof being [...]
Back in the black: London landlord Landsec posts record office leasing in capital May 17, 2022 Property giant Landsec has delivered record office leasing in London as the company returned to profit after five years. Pre-tax profit rose to £875m in the year to the end of March, a turnaround from a £1.39bn loss the previous year. Landsec, which is the landlord for big names in the capital including Deutsche Bank, [...]
Exclusive: Forget expensive climate plans, low-cost solution to net zero is methane abatement, says Qnergy CEO May 17, 2022 It’s six months on from COP26 and the world is a very different place, but as the war in Ukraine continues and the cost of living crisis bites closer to home, the promises made in Glasgow still stand. Net zero is the big goal, but CEO of energy firm Qnergy, Ory Zik, told City A.M. today he [...]
New London office for Monday.com as 100 additional UK staff hired to conquer Europe May 17, 2022 New York-listed work operating system monday.com has opened a new, larger office in the capital as it continues to expand in the UK and globally.
Drax unveils plans to build power station inside a mountain May 17, 2022 Drax plans to build a hydro power station inside a mountain, which will be housed inside a cavern large enough to fit Big Ben on its side.
The prodigal daughter returns: a love letter to the Northern Line after four long months May 17, 2022 Being grateful for the Monday morning commute is normally the purview of yoga bloggers or influencers, not journalists. But yesterday was a moment to rejoice as the Bank branch of the Northern Line finally reopened its doors after four long months of stasis. The closure of the Moorgate to Kennington service was announced last year [...]
Are you suffering from re-entry syndrome? How to cope with post-COVID anxiety May 17, 2022 Information and support to help you cope with anxiety brought on the post-pandemic return to ‘normal’. The heights of the COVID-19 pandemic and the associated periods of lockdown were extremely difficult for many people. From health concerns to money worries and loneliness, a range of issues placed pressures upon our mental wellbeing. Whilst COVID hasn’t gone [...]
London is back: Influx of new residents picks up as 1 in 3 homes are let to tenants from outside the capital May 16, 2022 It has been revealed that nearly three in every 10 homes let in London so far this year have gone to people who were previously living outside the capital. Some 30 per cent of these properties have gone to tenants who were previously living elsewhere, according to research from sales and letting agent Hamptons, shared [...]
Government pumps £21m into indie film, movies and video games May 16, 2022 The government have confirmed a £21m investment in indie film, TV and video games this morning in a quest to develop new talent and target fresh audiences around the world.