London SMEs have ranked as the second highest savers nationally, pipped only to the post by the east of England September 26, 2016 London SMEs are the second highest savers into business saving accounts, having an average of £829,000 stashed away, according to research released yesterday. However, the Hampshire Trust Bank study also found that SMEs in the east of England have overtaken London SMEs since last year to be named the biggest savers, with an average of [...]
London transport disruption: Commuters facing delays on Bakerloo Line after person killed by train September 26, 2016 The Bakerloo Line has been suspended in central London after a person was struck by a train at Oxford Circus station earlier this afternoon. There is no service on the line between Elephant & Castle and Paddington "due to a person on the track", Transport for London said. https://twitter.com/bakerlooline/status/780401450795036672 British Transport Police said they were called to Oxford [...]
Northern Line Night Tube to launch on Friday 18 November – reports September 26, 2016 The Northern Line Night Tube is reportedly set to launch on Friday 18 November. A BBC journalist tweeted that Tube staff have been informed of the start date. NEW: Tube staff have been told Northern line night tube will start Friday 18th November. Nothing official yet. — Tom Edwards (@BBCTomEdwards) September 26, 2016 However, a [...]
Under the influence with The 7th Chamber September 26, 2016 EVER heard of PewDiePie? How about Zoella? Between them these so-called “influencers” command over 100m subscribers across myriad social media platforms. It was never going to be long before advertisers and marketers saw the potential to use the organic reach of social media sensations to promote their customers’ products. Now exists an industry dedicated to [...]
The founders of Syft explain how they’re saving clients 55 per cent – and why there’s an upper limit to Lionel Richie September 26, 2016 Two Christmases ago, Jack Beaman experienced something of an intervention. “I’d been out of work for six months, and a group of friends sat me down and asked me what I was actually going to do with my life.” Fortunately, he’d spent that time cooking up a business idea. “As a student, like a lot [...]
Five points the City needs government to heed during Brexit negotiations September 26, 2016 To a huddle of European journalists, Jens Weidmann, president of the Bundesbank, claimed that Frankfurt could be attractive and would welcome newcomers. This is of course just the latest marketing attempt by our competing continental financial centres wanting take some of the City’s business. But how does the City respond? We are of course used to [...]
Startups are swelling the ranks of UK businesses September 26, 2016 The number of VAT registered businesses in the UK has hit an all-time high of 2.1m, up four per cent from 2m last year. The rise has been driven by the thriving national startup economy, according to accountancy group UHY Hacker Young. The number of businesses in the UK per capita has meanwhile recovered to [...]
Brexit and the City: Here are the names you need to know September 25, 2016 As rumours circulate that Article 50 could be triggered towards the start of next year, many in London are more than a little curious as to what the City will look like post-Brexit and who will be fighting to keep their best interests front and centre during the course of the negotiations. City A.M. profiles some [...]
This is why freemen of the City of London are driving sheep across London Bridge today September 25, 2016 If you cross London Bridge today, among the cyclists, buses and taxis, you might be taken aback (or perhaps a-baah-ck) to see a few sheep as well. This isn’t some kind of Home Counties invasion – instead it’s the annual London Sheep Drive, in which hundreds of the City of London’s freemen get to exercise [...]
London mayor Sadiq Khan writes to Uber and other private hire drivers setting out his commitment to the industry September 23, 2016 London mayor Sadiq Khan has written to tech firm Uber in response to its email campaign about the future of the capital's taxi and private hire industry. Transport for London (TfL) plans to introduce new rgulations for the sector including a requirement that private hire vehicles have "hire and reward" insurance in place for the duration of the licence, [...]