Post-Christmas footfall plummets as UK shoppers avoid high street January 4, 2021 Footfall across Britain’s high streets plunged almost a quarter last week as Boxing Day sales failed to lure shoppers from their sofas, according to the latest data. The number of Brits hitting the shops fell more than 23 per cent in the seven days after Christmas compared with the week before, latest Springboard figures showed. [...]
Crossrail failed to carry out survey work on historic Soho venue despite ‘high risk’ to punters December 16, 2020 Crossrail failed to carry out survey work on a historic cellar bar in Soho despite receiving warnings from its own contractors that weak vaults posed a “high residual risk” to punters. The report, which was carried out in 2016 by consultants WSP and has been seen by City A.M., says that the vaults in the [...]
Chinese Embassy plans at risk over Black Death bodies December 15, 2020 Plans to build China’s largest European embassy in east London could be scuppered after local leaders raised concerns that the foundations would disrupt the bodies of thousands of bubonic plague victims. Councillors in Tower Hamlets have flagged complaints to Historic England, warning that the building will disturb “a site of major historical importance”. China bought the former [...]
City of London to host ‘back to work’ week in bid to revive Square Mile December 14, 2020 The City of London will call on office workers to return to the Square Mile in a “back to work” week in April, in a bid to help resuscitate the bars, restaurants and hospitality venues hammered by empty streets during the pandemic. William Russell, lord mayor of London and a former Merrill Lynch investment banker, [...]
Heron Tower closed off following reports of suspicious package November 30, 2020 The City’s Heron Tower has been cordoned off as police carry out a controlled explosion following reports of a suspicious package. City of London police said a 200m cordon was placed around the skyscraper this morning, while nearby roads were closed. Heron Tower, located in one of the City’s busiest commuter regions, was initially evacuated [...]
Planning permission granted for 454 new homes in Wembley November 27, 2020 Brent Council has given the green light on building 454 new homes, including 40 per cent affordable housing, next to Wembley Park underground station. The scheme covers a 1.6-acre site, and will be delivered across five buildings. The new homes will be a mixture of studios, one, two and three-bedroom apartments. The affordable homes will [...]
London Tier 2: City leaders breathe ‘sigh of relief’ but push for return to the office November 26, 2020 City leaders have welcomed the announcement that London will be placed into Tier 2 when lockdown lifts, but warned that the capital will only fully recover when the government outlines a clear policy on returning to work. Health secretary Matt Hancock today said London will join regions such as Liverpool and Suffolk on “high” alert [...]
MPs amp up pressure to avoid placing London in Tier 3 when lockdown lifts November 25, 2020 The Prime Minister is facing mounting pressure from his own party to avoid placing London in Tier 3 when England’s lockdown lifts, over fears tough restrictions could cripple businesses in the capital. Reports of government plans to place London in the highest level of restrictions under the new tier system, set to be announced tomorrow, [...]
The City View podcast, from City A.M., with Adam Byatt November 18, 2020 The City View: Michelin-starred chef Adam Byatt on how hospitality became a scapegoat Subscribe to The City View Podcast: Apple / Google / Spotify / RSSIn this episode Christian talks to Adam Byatt, the Michelin-starred proprietor of Trinity in Clapham, about how the pandemic has inflicted huge pain on the hospitality sector and why he feels it was made a scapegoat ahead of [...]
Coronavirus vaccine could pump £41bn into London’s economy November 17, 2020 The effective rollout of a coronavirus vaccine would likely inject £41bn into London’s economy and save tens of thousands of jobs, according to new research. Under a “best case scenario”, a vaccine rollout would see office workers return to their desks for four days a week, generating an extra £41bn for the economy, according to [...]