London - CDE News - The Dispatch

UK rents rises hit record high

UK rents climbed at their fastest rate since at least 2015 last month, as tenants continued to be squeezed. New data from the Office for National Statistics shows that the…

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UPDATED: London’s BT Tower to become hotel

By Paul Sandle LONDON, Feb 21 (Reuters) - London's iconic BT Tower is set to become a luxury hotel after the owner BT Group agreed to sell the 177-metre building…

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EU agrees new rules to move euro derivatives clearing from London

By Huw Jones LONDON, Feb 7 (Reuters) - The European Union said on Wednesday it has reached a provisional deal on a law aimed at shifting euro derivatives clearing by…

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WATCH: London Luton Airport suspends flights after car park blaze

Britain's London Luton Airport suspended all flights on Wednesday after a car fire set off a wider blaze that led to the partial collapse of one of its multi-storey car parks.Luton is Britain's fifth…

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London office market in ‘rental recession’ as vacancies hit 30-year high – Jefferies

By Sinead Cruise and Iain Withers LONDON, Sept 27 (Reuters) - London's embattled office market is in "rental recession" as empty workspace across the UK capital's West End, City and…

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Sunak dampens hopes of reversal over axed UK tourist tax break

LONDON, Aug 2 (Reuters) - British Prime Minister Rishi Sunak said nearly all of the benefit of a now-abolished tax break for tourists went to a small area of central…

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UK watchdog sets out plans to keep London a ‘preeminent’ financial centre

FCA to begin work on single price feeds for investors FCA to propose changes to prospectus, short-selling rules FCA says hiring to continue rising as remit covers crypto By Huw…

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New York catches up with London to head City’s global centres survey

By Huw Jones LONDON, (Reuters) - London is no longer the clear leader among global financial centres after New York rose from second place to level peg with the British…

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Three women and girl, 7, hurt in shooting near London church funeral

LONDON (Reuters) - Three women and a young girl were injured following reports of a shooting incident on Saturday near a church in London where a funeral was taking place,…

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Stock exchanges: has Paris really stolen the limelight from the City of London?

via The Conversation by Pierre-Charles Pradier (Université Paris 1 Panthéon-Sorbonne) In late 2022, the French press exulted at the news that Paris’s market capitalisation had overtaken London’s. While these financial…

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Heavy snow in Britain disrupts travel; National Grid readies two coal plants

LONDON, Dec 12 (Reuters) - Heavy snowfall blanketed parts of Britain on Monday, disrupting airports, train networks and roads in London, while two coal plants have been put on standby in case…

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HSBC to review Canary Wharf tower HQ, consider new London base

LONDON, Sept 29 (Reuters) - HSBC will undertake a review of whether to keep its global headquarters in London's Canary Wharf financial district, according to a memo sent to staff…

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Strikes to bring London’s transport network to a halt

LONDON, Aug 19 (Reuters) - London's transport network will grind to a halt on Friday as tube and bus workers strike over pay and conditions, the latest in a summer…

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Photo Story: The World Reimagined outside Westminster Abbey in London

Globe sculptures from 'The World Reimagined' charitable arts education project are displayed outside Westminster Abbey in London, Britain. Over 100 artists designed over 100 globes to explore themes of the…

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Over 1,600 London bus drivers to join rail and underground strike

Over 1,600 London bus drivers are set to go on strike later this month in a dispute over pay that will coincide with an underground rail and overground train strike,…

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Photo Story: No grass in London’s parched Greenwich Park

A woman sunbathes on parched ground in Greenwich Park in London, Britain. Southern England has experienced the driest July since records began. With another heatwave expected in the coming weeks,…

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Londoners urged not to travel due to extreme heat

London Mayor, Sadiq Khan has urged the public to only travel if necessary, and has issued an air pollution alert for Monday. On Friday, Mr Khan convened a special meeting…

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Pope hopes London building last Vatican financial scandal

VATICAN CITY, (Reuters) - Pope Francis said he hoped that the recent sale of a luxury London building at the centre of an ongoing corruption trial meant the Vatican can…

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Easyjet plane to Spain’s Menorca escorted by fighter jet after bomb hoax

MADRID, July 4 (Reuters) - An Easyjet flight heading from London to the Spanish holiday island of Menorca on Sunday was escorted to its destination by a Spanish fighter jet after a…

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Vatican takes big loss in sale of London building at heart of trial

The Vatican said it had completed the sale of the luxury London building at the centre of an ongoing corruption trial, taking an estimated hit of about 140 million euros.…

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Paris snaps at heels of London in overseas finance investment ranks

LONDON, June 13 (Reuters) - France made up more ground on Britain in attracting overseas direct investment into financial services last year, according to research by accountancy firm EY published on Monday.…

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Photo Story: Bluebell flowers in London

Bluebell flowers bloom in Wanstead Park in London, Britain. According to the National Trust, almost half the world's bluebells are found in the UK and they are relatively rare in…

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Photo Story: City Lights display in London

The Key of Light illumination is displayed at the Guildhall in the City of London, Britain. The work reacts to music played on a piano. The illumination forms part of…

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London is top global finance centre but lags in key areas, says study

LONDON, Jan 27 (Reuters) - London remains the top global financial centre, according to a study from its own financial district, but is outgunned by New York and Singapore in…

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UK shopper footfall in central London drops 30% versus last week

Shopper numbers in central London on Christmas Eve were 30.3% lower than the previous Friday as the spread of the Omicron variant of the coronavirus kept many people from high…

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London’s Heathrow says business travellers cancelling over Omicron

London's Heathrow Airport said it was seeing high levels of business travellers cancelling over concerns they could be trapped overseas by travel restrictions triggered by the new Omicron variant of coronavirus. The airport…

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Britain approves new rules to boost London as global listing centre

LONDON, Dec 2 (Reuters) - Britain's markets watchdog said it will introduce new rules on Friday to boost London's role as a global centre for listing companies to help catch…

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FTSE 100 edges lower but poised for best month since April

London's FTSE 100 inched lower on Tuesday as banks and Bunzl outweighed gains in industrials, although solid earnings and easing fears about early tapering of central bank support kept the…

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Photo Story: Changing of the Guard ceremony in London resumes

Members of the public watch the Changing of the Guard ceremony at Buckingham Palace in London, Britain, on Monday 23 August 2021. The popular traditional ceremony resumed at Buckingham Palace…

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UEFA announces Champions League final hosts for next four seasons

The next four Champions League finals from 2022-2025 will be hosted by St Petersburg, Istanbul, London and Munich respectively, European soccer's governing body UEFA said on Friday (Jul 16). The…

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London is alive again, ‘Les Mis’ producer says as he opens concert show

London and its famed West End entertainment district are "coming alive again" after months of closure due to the COVID-19 pandemic, veteran theatre producer Cameron Mackintosh said as he reopened…

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16-year-old Kenyan stowaway survives flight in wheel-well from London to Maastricht

DutchNews.NL - A stowaway has been found alive after hiding in the wheel well of a plane which flew from London to Maastricht airport. The youngster was found on Thursday…

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UK to boost COVID-19 testing in children as London risks new restrictions

LONDON (Reuters) - Every secondary school student in several London boroughs will be tested for COVID-19 as the government tries to tackle a rise in cases that has given London…

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Photo Story – London Lockdown

Pedestrians walk over Millennium Bridge during the national lockdown in London, Britain, 07 November 2020. The UK has begun its second national lockdown. This comes as news reports state that…

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Jamie Vardy secures win for Leicester at Arsenal

Leicester claimed their first away win over Arsenal in any competition since 1973 courtesy of a headed goal by evergreen striker Jamie Vardy ten minutes from time. The England striker…

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London’s role in facilitating corporate crime could prove the capital’s undoing

In May 2016, David Cameron raised an uncomfortable topic. At an anti-corruption summit in London, the former British prime minister sat alongside Nigeria’s president and other dignitaries and declared that…

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Photo Story: Artemisia Gentileschi Art Exhibit Opens at National Gallery in London

A model poses in front of paintings by Italian Baroque artist Artemisia Gentileschi, both titled 'Judith Beheading Holofernes', during a preview of the exhibition 'Artemisia' at the National Gallery in…

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Photo Story: Pigeon control in London

Jip, a Harris hawk sits on the Nelson's column in Trafalgar square in London, Britain. Harris hawks are trained birds of preys that are used by especially trained handlers to…

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Photo Story: ‘Summer Exhibition’ at the Royal Academy of Arts in London

A masked staff member poses with 'Head II' by artist Tim Shaw during a photocall for the 252nd Summer Exhibition at the Royal Academy of Arts in London, Britain, 28…

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Britain plans law to safeguard City of London’s global standing

Britain plans to buttress the City of London's global competitiveness and openness once it moves outside the European Union with new financial services sector legislation. Although Britain left the EU…

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51-year-old British man arrested following bomb threat on RyanAir flight to Oslo

Police are investigating a bomb threat made against a RyanAir flight that landed in the Norwegian capital, authorities have said. "The plane has landed safely on the runway," police said…

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English Premier League: Spurs return to winning ways

Tottenham Hotspur returned to winning ways after a disappointing loss at Sheffield United last week, defeating Everton in the sole Premier League match of the day. Spurs won the match…

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Far-right and anti-racism protesters scuffle in London

Scuffles broke out in London on Saturday between far-right activists, Black Lives Matter protesters and police trying to keep the two sides apart. In Trafalgar Square and surrounding avenues, small…

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Mayor tells people to stir away from central London try to avoid violence ahead of protests

Protesters in London have been told by police they must be off the streets by 5pm today. The restriction is an attempt to avoid a repeat of last week's violent clashes…

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Cars set to make way for pedestrians and cyclists in central London

Cars will be banished from miles of streets in central London to encourage more walking and cycling and help public transport cope with social distancing restrictions, the city’s mayor said…

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Plans for road closures in the City of London for returning office workers

London’s financial district is preparing for office workers to return from lockdown by proposing the temporary closing of some main roads, even as official U.K. government advice urges commuters to…

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Facebook shuts down office after Coronavirus case

Facebook has shut down its London offices after an employee tests positive for Coronavirus. Developing story

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Photo Story: Century of cinema celebrated in Leicester Square

British actor Hugh Bonneville unveils a new Paddington Bear statue in Trafalgar Square in London, Britain, 27 February 2020. Leicester Square is marking a century of cinema in the square…

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Man stabbed in Regent Park mosque in London

A man has been arrested after one was stabbed in the neck in a mosque during afternoon prayers at Regents Park mosque in central London, police have confirmed. The Independent…

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ISIS claims responsibility for London stabbing

ISIS has claimed responsibility for the Streatham terror attack. The group issued a generically-worded statement on its official propaganda channels on Monday morning saying the stabbing was carried out by…

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Man shot after a number of stabbings in ‘terrorist-related’ incident in south London – Update

A man has been shot dead by armed police after two people were stabbed during a terror attack in south London. A man who helped one of the victims told…

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London police to start using live facial recognition

London’s police force will start using live facial recognition on the capital’s streets, ignoring concerns from politicians, data regulators and human rights groups over the highly invasive and often inaccurate…

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Total to move financial hub from London to Paris after Brexit

The French oil company Total plans to pull its cash out of the UK after Brexit and return its financial hub to Paris in a show of faith in Europe,…

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UK: Man arrested on suspicion of terrorism offences

A 21-year-old man has been arrested in east London on suspicion of terrorism offences. The man was arrested at a "residential address" before taking him into custody in south London. …

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Violent killings in London at highest level in a decade

The number of violent deaths on the streets of London this year has surpassed the 2018 figure after the 133rd person of 2019 was killed in the capital. On Thursday,…

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Poland to honour London bridge hero

Poland says it will award its highest medal for sacrifice and courage to a Polish national who played a key role in preventing the London Bridge attack from escalating. A…

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Loud bang over London was sonic boom caused by fighter jets

A loud bang overheard in London early on Sunday morning was a sonic boom caused by Royal Air Force fighter jets, the Metropolitan Police and UK Ministry of Defence said.…

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