An increase in cycle lanes during the coronavirus pandemic contributed to London becoming the world’s most congested city, according to new analysis. Traffic information supplier Inrix told the PA news agency that segregated spaces for cycling were one of the reasons drivers in the capital will lose an average of 148 hours stuck in jams…
London Stock Exchange Acquires Quantile
London Stock Exchange Group plc said on Monday it had acquired Quantile Group Limited to expand its range of Post Trade risk management solutions. Quantile is a provider of portfolio, margin, and capital optimisation services. LSEG has agreed to pay up to £274 million ($362 million) to Quantile’s shareholders. LSEG owns finanical data and analytics…
London Knife Crime Will Get Worse, Charity Warns, After 14-Year-Old Dies
Knife crime in London is becoming more deadly and will get worse, a charity has said. On Thursday, a 14-year-old boy became the city’s 27th victim of teenage killings this year. The capital is now close to hitting a grim record of teenage homicides in 12 months, after 2008 saw 29 victims lose their lives….
Man Arrested Following Fatal Stabbing in London Surburb
A man was arrested on Saturday morning after a stabbing incident on Friday evening left one dead and one seriously injured, Metropolitan police said. The unidentified man in his 30s was arrested on suspicion of murder and attempted murder and has been taken into custody at a London police station. A man believed to be in his…
14 MPs With Second Homes Accused of Exploiting Expense ‘Loophole’
More fuel was thrown into corruptions allegations in the UK as it was revealed 14 British MPs have been letting out their London homes while renting with taxpayer’s money. A senior Conservative MP said the arrangement is “plain wrong” while some MPs accused of exploiting a loophole to pocket money criticised the “stupid” rule, saying it…
London Policeman Who Murdered Sarah Everard Appeals Against Whole-Life Sentence
The police officer who murdered Sarah Everard has lodged an appeal to reduce the length of his jail sentence. Wayne Couzens was handed a whole-life tariff in September after kidnapping, raping and murdering the 33-year-old. The Metropolitan Police firearms officer used his warrant card and handcuffs to snatch the marketing executive off the street, using…
London’s Pollution Charge Zone for Older Vehicles Becomes 18 Times Larger
London’s pollution charge zone for older vehicles has been significantly expanded, affecting tens of thousands of motorists. Drivers of vehicles which do not comply with minimum emissions standards are being charged £12.50 to drive in the Ultra Low Emission Zone (Ulez), which became 18 times larger on Monday. The Ulez has operated since April 2019,…
London Stock Exchange Warns on Supply Chain Shortages
October 22, 2021
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London Stock Exchange Group said it was on track to achieve cost savings from the integration of data platform Refinitiv after a steady third quarter, but warned supply chain shortages could impact the timing of its technology spending. The exchange said pro forma underlying income was 1.78 billion pounds ($2.46 billion) in the three months…
‘Winnie-the-Pooh’ Bridge Seen Selling up to $80,000 at Auction
LONDON—An old bridge that inspired “Winnie-the-Pooh” author A.A. Milne and was depicted in his much-loved children’s stories about the honey-loving bear is being sold at auction on Wednesday, with a price estimate of up to around $80,000. Originally known as Posingford Bridge, it was built in 1907 in Ashdown Forest, in southern England, as a…
‘Pandora Papers’ Show London Is a Key Hub for Tax Avoidance
LONDON—Transparency advocates are calling on Britain to tighten the country’s defenses against money laundering and tax avoidance after a massive leak of financial data showed how London is a key destination of choice for some of the world’s richest and most powerful people to conceal their cash. The cache of almost 12 million files shows…
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