Tag: London

London Is Top Global Finance Center but Lags in Key Areas, Says Study

LONDON—London remains the top global financial center, according to a study from its own financial district, but is outgunned by New York and Singapore in access to talent, while Paris is adding competition from the European Union. The study from the City of London Corporation selected seven centers that feature in other research on financial…


Three Children and Two Adults in Hospital After London Bus Crash

Three children and two adults have been taken to hospital after a bus crash in north-east London. Witnesses said “scared and crying” schoolchildren were among the passengers injured after the double-decker collided with a repairs shop in Highams Park on Tuesday morning. At least 19 people were injured and treated at the scene by the…


London Mayor Wants to Charge Drivers by the Mile to Cut Emissions

London needs to charge motorists by the mile to hit climate change targets, according to Mayor Sadiq Khan. He wants road pricing to be implemented to encourage people who drive petrol or diesel cars in the capital to switch to public transport, walking, cycling or electric vehicles “where necessary”. The Labour mayor said he is…


Leading London Hospital May Lose More Than 1,000 Staff Over Vaccine Mandate

One of London’s largest and busiest hospitals could lose over 1,000 staff over the government’s CCP virus vaccine mandate for frontline health workers, the head of the hospital acknowledged on Sunday. Dr. Clive Kay, chief executive of King’s College Hospital, confirmed that around 10 percent of the hospital’s 14,000 staff have not received the CCP (Chinese…


Troops Deployed to Support London Hospitals Amid Staff Shortages

Troops are to begin deploying in London to support the NHS amid growing staff shortages due to COVID-19, the Ministry of Defence (MoD) has said. Around 200 armed forces personnel are being made available to hospitals across the capital, which has been the epicentre of the Omicron outbreak with a huge upsurge in cases. The…


London Banking Job Exodus to EU Slows Despite Brexit

LONDON—The number of finance jobs shifting from Britain to the European Union due to Brexit is less than initially expected despite billions of euros in share trading moving to the bloc and London losing most of its access to EU capital markets, consultants EY said on Monday. After Britain voted in 2016 to exit the…


Protests Erupt Across Europe Over Latest COVID-19 Orders, Vaccine Mandates

Tens of thousands of people took to the streets across Europe over the weekend to demonstrate against their respective governments’ recent decisions to reimplement COVID-19 rules and mandates following reported increases in cases. Thousands of peaceful protesters demonstrated in central Brussels, Belgium, on Sunday for the third time against reinforced COVID-19 restrictions that were imposed…


Strikes Over Night Tube to Go Ahead From Friday

Strikes by London Underground drivers will go ahead from Friday after talks failed to resolve a row over the Night Tube. Members of the Rail, Maritime and Transport union (RMT) will stage an eight-hour walkout on the Central and Victoria lines from 8.30pm on Friday and a 24-hour stoppage on Saturday on the Central, Jubilee,…


Four Children Killed in House Fire in South London

Four children have died in a house fire in south London. The London Fire Brigade (LFB) said eight fire engines and around 60 firefighters were sent to Collingwood Road, Sutton, at just before 7:00 pm on Thursday to reports of the fire. Fire crews faced an “intense blaze” throughout the whole of the ground floor…


US Overtakes European Union as UK’s Biggest Financial Trade Partner

The United States overtook the European Union to become Britain’s biggest export market for financial services after Brexit saw a shift in focus away from the continent, according to a report published Wednesday by a UK financial services advocacy group. European investors and financial markets were cut off from the United Kingdom after its departure. Afterward,…