Saturday 07th December 2019,
Radio Metta

London

Uber’s Europe business is at risk after London revokes license

Uber’s Europe business is at risk after London revokes license

Uber Technologies Inc.’s biggest market in Europe is at risk after regulators revoked the ride-hailing service’s license to operate in London for the second time in less than three years, expressing safety concerns. The London transportation regulator said Uber failed to adequately verify drivers’ identities and safeguard the service for passengers. At least 14,000 trips involved [...]

November 27, 2019 Loknath Das Business Comments Off on Uber’s Europe business is at risk after London revokes license

London stock market hits record high; world’s richest get even richer – business live

London stock market hits record high; world’s richest get even richer – business live

A small toy figure is seen on representations of the Bitcoin virtual currency. Photograph: Dado Ruvic/Reuters Over in New York, the US stock market has opened very slightly higher as traders return to work after the Christmas break. The Dow Jones industrial average rose by 16 points, or 0.07%, with the S&P 500 and the [...]

December 27, 2017 Loknath Das Business Comments Off on London stock market hits record high; world’s richest get even richer – business live

Brexit: Stripping London of £800bn clearing business could cost investors £80bn, says London Stock Exchange

Brexit: Stripping London of £800bn clearing business could cost investors £80bn, says London Stock Exchange

Two prominent City of London figures have warned EU leaders about the dangers of stripping London of the lucrative euro clearing trade after Brexit. A proposed move could cost investors €100bn (£83bn) over five years, Xavier Rolet, chief executive of the London Stock Exchange, said on Monday. Seperately, Michael Spencer, founder of broker Icap described the [...]

May 22, 2017 Loknath Das Business Comments Off on Brexit: Stripping London of £800bn clearing business could cost investors £80bn, says London Stock Exchange

Renovation of Victorian Terraced House in North London

Renovation of Victorian Terraced House in North London

Architects Ran Ankory and Maya Carni of Scenario Architecture have opened up the interior of their Victorian terraced house in north London and added a glazed extension at the rear. The architect couple bought the property in London’s Stoke Newington with the intention of renovating, extending and updating it to create a home able to [...]

December 5, 2016 Saheli Home Deco Comments Off on Renovation of Victorian Terraced House in North London

Real estate firm AXA IM to continue major London project despite Brexit

Real estate firm AXA IM to continue major London project despite Brexit

Real Assets said it would continue the construction of its ’22 Bishopsgate’ project in London’s financial district, despite the uncertainty following Britain’s vote to leave the European Union. The real estate asset manager, a unit of AXA SA, said the project has a target completion date of 2019. Since the June 23 referendum, the ability [...]

October 27, 2016 Saheli Real Estate Comments Off on Real estate firm AXA IM to continue major London project despite Brexit

London companies to bear brunt of business rates overhaul

London companies to bear brunt of business rates overhaul

An overhaul of the business rates system is to dramatically increase the tax paid by businesses in central London and cut the bills for struggling northern towns. Shops on Regent Street in London face an 87% increase in their business rates bill next year, while northern towns such as Bolton and Blackpool will enjoy a [...]

October 2, 2016 Saheli Business Comments Off on London companies to bear brunt of business rates overhaul

Black Lives Matter protesters close London City Airport runway

Black Lives Matter protesters close London City Airport runway

Flights at London City Airport were disrupted after protesters gained access to the runway. The Met Police said it was called to the site at about 05:40 BST after nine protesters erected a tripod and “locked themselves together” on the runway. The Black Lives Matter UK movement confirmed it was responsible for the protest. City [...]

September 6, 2016 Saheli News Comments Off on Black Lives Matter protesters close London City Airport runway

Google has opened a new space for YouTubers in London

Google has opened a new space for YouTubers in London

Google has launched a new space for YouTubers at its UK headquarters in London’s King’s Cross. Space London, which opened on Tuesday, includes three soundproof studios, editing suites and a store for YouTubers to sell their merchandise. It also has a community area with a barista bar. The 20,000 square foot YouTube Space, which can [...]

August 17, 2016 Saheli Business Comments Off on Google has opened a new space for YouTubers in London

Bears sightings increase in London real estate

Bears sightings increase in London real estate

Short sellers are moving into the UK real estate sector in greater numbers as investor sentiment sours after the referendum, according to Markit. Although shorting interest in the sector has been increasing since the start of the year, it leapt by a further 43 percent once ‘Brexit’ was announced. Bearish activity in UK real estate [...]

July 25, 2016 Saheli Real Estate Comments Off on Bears sightings increase in London real estate

London real estate sales jump after Brexit vote

London real estate sales jump after Brexit vote

Sales of prime London real estate jumped 38 percent in the week after the U.K. voted to leave the European Union, as a slide in the British pound attracted bargain hunters seeking a rare opportunity to buy the city’s property at a discount. The number of residential real estate sales in London during the last [...]

July 25, 2016 Saheli Real Estate Comments Off on London real estate sales jump after Brexit vote

London Stock Exchange and Deutsche Boerse agree merger

London Stock Exchange and Deutsche Boerse agree merger

The tie-up will create one of the largest exchange companies in the world with a combined value of about £21bn. Under the terms of the deal, LSE shareholders will own 45.6% of the new holding company, while Deutsche Boerse shareholders will own 54.4%. LSE chief executive Xavier Rolet said the two firms were “creating an [...]

March 16, 2016 Saheli Business Comments Off on London Stock Exchange and Deutsche Boerse agree merger

Almost half of home owners in London putting selling plans on hold due to EU vote

Almost half of home owners in London putting selling plans on hold due to EU vote

Almost half of home owners in London intend to put any plans they have to buy or sell on hold under after the referendum in June on the future of the UK in the European Union. A survey has found that 47% will not get involved until after the vote and Bishop’s move, which commissioned [...]

March 14, 2016 Saheli Real Estate Comments Off on Almost half of home owners in London putting selling plans on hold due to EU vote