London loves Business

EU referendum one year on: SME owners in London are divided over chances of a Brexit success

Here’s why

With the one year anniversary of Britain’s historic decision to leave the EU upon us this week, many owners of small and medium-sized businesses (SMEs) in London have shared their views on the current and future impact of Brexit on their business, in new ...

today 14:27 open_in_new
The Duke of Edinburgh leaves hospital and is in ‘good spirits’

The latest…

Prince Philip, the Duke of Edinburgh, 96, has left the King Edward VII hospital, on Thursday after spending two nights’ in hospital after being treated for an infection.

Prince Philip was taken into hospital on Tuesday evening after his doctor suggested ...

today 14:27 open_in_new
At least 'six hundred' more high rise blocks have similar 'combustible cladding'

Here’s what was said

It has emerged Thursday, that there are six-hundred more tower blocks that have combustible cladding that is similar to that of the Grenfell tower.

Sadiq Khan, the mayor of London said Thursday morning: The news this morning confirms people’s ...

today 14:27 open_in_new
Blockchain raises $40bn

New tech gains traction 

Blockchain, the world’s leading software platform for digital assets, announced that it has raised $40 million in a Series B led by Lakestar with participation from GV (formerly Google Ventures), Nokota Management, Digital Currency Group and ...

today 13:07 open_in_new
HSBC launches £1.2bn fund to help small firms

Here’s what it said 

HSBC has launched a £2.1bn lending fund to support small and medium-sized enterprises (SMEs) in London, as part of a broader commitment to helping British businesses realise their ambitions for growth.

The fund is part of a wider £10bn fund ...

today 11:49 open_in_new
Is the SFO off the chopping block?

No mention of closure in Queen’s speech

The SFO’s merger with the NCA was left out of the Queen’s Speech yesterday. 

Barry Vitou, partner at Pinsent Masons, says; “The omission from the Queen’s Speech of the trailed merger of the SFO with the NCA is welcome ...

today 11:49 open_in_new
Eight in 10 businesses recruit for digital transformation

Says Robert Half

Organisations are actively creating new positions to facilitate digitalisation efforts within the finance function over the next 12 months, reveals Robert Half’s report Digital transformation and the future of hiring. The majority of UK CFOs (68%) have ...

today 11:49 open_in_new
Three of four women think gender diversity programmes don't work

According to BCG

Gender diversity at companies leads to markedly better performance, yet most executives don’t have a clear plan for achieving it. Instead, they use a trial-and-error approach, launching one program after another and seeing what sticks. To avoid wasting ...

today 11:49 open_in_new
This is how retail rents have changed in the UK

According to a new study

In its latest Midsummer Retail Report, Colliers International says that although average prime rents and the overall level of empty shops have improved slightly, the gap between the best and worst retailing locations has become more ...

today 11:49 open_in_new
Diageo buys George Clooney's tequila brand for $1bn

Big deal announced 

Diageo has entered into a definitive agreement to acquire Casamigos, the fastest growing super-premium tequila brand in the US. This is an exciting opportunity for Diageo to strengthen its participation in the fast growing tequila category, as well as ...

today 11:49 open_in_new
Government buys luxury flats in Kensington for Grenfell inferno victims

Here’s the latest

Kensington Row development near to Kensington High Street have been bought by the government for 68 of the 110 families that are displaced after the inferno.

The homes will be ready by the end of July and the Department for Local Government (DCLG) ...

yesterday 16:05 open_in_new
Queen's speech: The funniest reactions on Twitter

What’s your reaction?

Here are some of the funniest tweets on the Queen’s speech.

“We left a Betterware catalogue with you last week???”…#QueensSpeechpic.twitter.com/h4GMOvDWs9

— Richard Harris (@cigarboyrick82) June 21, 2017

Christmas is ...

yesterday 14:41 open_in_new
Brexit vote brings investors golden returns of 19 per cent in the past 12 months

Study shows

Savvy investors could have banked returns of 19 per cent over the last 12 months by investing in gold immediately before last year’s Brexit vote sent the price soaring in Sterling terms.

That beats the FTSE100’s rise of 14.5 per cent over the same ...

yesterday 13:25 open_in_new
Atom bank secures £30m Tier 2 capital facility from British Business Bank Investments Ltd

Big boost for bank

Atom bank and British Business Bank Investments Ltd (BBBIL), the commercial arm of the British Business Bank, today announce the agreement of a £30m Tier 2 capital facility to support Atom’s growth.

The Tier 2 eligible facility is a valuable ...

yesterday 13:25 open_in_new
Consumers feeling downbeat as uncertainty bites

New study shows

New analysis from MoneySuperMarket can today reveal that consumer confidence plummeted in the first two weeks of June, as the nation prepared for a general election and then came to terms with the shock result of a hung parliament and the subsequent political ...

yesterday 13:25 open_in_new
What were the key highlights?

Here’s what the royal said

The Queen proposed a variety of new laws today to prepare the UK for a “smooth and orderly” departure from the EU.

Eight out of 24 bills relate to Brexit and its implications for British industries.

As well as a bill to convert EU ...

yesterday 13:25 open_in_new
Uber’s chief Travis Kalanick quits following a revolt from shareholders demanding he resigns

Here’s what happened

Kalanick who founded Uber in 2009 has quit the minicab firm after a serious of complaints over working culture and shareholders revolted over his leadership.

The New Times reported that Lowercase Capital, Benchmark, Menlo Ventures, First Round ...

yesterday 13:25 open_in_new
The UK areas which have seen the biggest rises in average property prices

Take a look

UK homeowners have seen the value of their homes increase by more than 40% and almost £60,000 over the past eight years, as they’ve benefitted from a “once-in-a-generation” record low interest rate environment.

According to research carried out by ...

yesterday 13:25 open_in_new
What's going to happen to the property market this year?

Take a look

Knight Frank estimates that net housing supply climbed to more than 200,000 in England in the year to April 2017.

The Housebuilder Survey suggests delivery will continue to rise, with more than half of respondents saying their organisation would build more ...

yesterday 13:25 open_in_new
Brussels terror attack: Suicide bomber ran at soldiers whilst on fire in Brussels train station

Here’s what happened

A Moroccan national, aged 36, was shot dead by Belgian soldiers last night following an explosion, he then ran towards the soldiers, whilst on fire shouting “Allahu Akbar” then he was shot dead.

Twee luide ontploffingen in Brussel Cebtraal. ...

yesterday 12:05 open_in_new
OUTstanding launches a call for inspirational LGBT executives for a future leader for 2017

Here is what you need to know

OUTstanding, the professional network for LGBT+ executives and their allies, today launches a call for nominations for the 2017 Leading LGBT and ally executives and LGBT+ Future Leaders lists, presented by the Financial Times. The lists celebrate ...

yesterday 12:05 open_in_new