Posted on 17-07-2008 06 : 48 GMT +0200 Published By CITY DESK
CITY DESK
US firms have lead the pack of international companies investing in London with 2739 new jobs created, with Indian companies creating 825 new jobs in London in the year to March, according to a report by Think London.
Foreign companies have invested £710 million to the
Posted on 08-07-2008 02 : 28 GMT +0200 Published By John Kaponi
By John Kaponi
The report by the British Chamber of Commerce that British firms are on the brink of recession can be confirmed with businesses in the capital already "downsizing"or already stating they are in a period of economic slow down.
The London Daily News spoke with several business owners in London to find out the various tren
Posted on 24-06-2008 10 : 36 GMT +0200 Published By John Kennedy
By John Kennedy
I've just watched our Prime Minister Gordon Brown deliver a very important speech to the major oil producing nations of the world in Jeddah. This was Gordon Brown at his best, very clear, concise, offering a way forward for all nations, whether reliant on consuming or producing oil.
Posted on 20-06-2008 04 : 02 GMT +0200 Published By declan@thelondondailynews.com
Credit crunch? Fuel crisis? $130 a barrel of oil? You wouldn't think London's buses would be making a profit let alone breaking even - but not one company.
The Go Ahead group, which runs London General, London Central, and Metrobus say profits are up on last years £55million.
Posted on 19-06-2008 04 : 08 GMT +0200 Published By declan@thelondondailynews.com
The amount of Londoner's going bankrupt has quadrupled in the last seven years.
Experts warn that the impact from the credit crunch has not been taken into account and that could see bankruptcies increase by another 20 per cent before the year is out.
Posted on 19-06-2008 01 : 56 GMT +0200 Published By declan@thelondondailynews.com
More than half of London's business leaders say we're in danger of losing our competitive edge over rival cities.
Transport, a skills shortage and a tax on 'non doms' is making business more difficult in London and handing advantage to New York and New Delhi according to the CBI/KPMG Business Survey.
Posted on 11-06-2008 06 : 19 GMT +0200 Published By John Kaponi
The capital is facing a major disruption at petrol forecourts this weekend, with the talks between Hoyer UK and Unite showing no sign of reconciliation, thelondondailynews.com is advising all London drivers to fill up fuel tanks before Friday.
Posted on 04-06-2008 11 : 37 GMT +0200 Published By Business desk
We could be hit by a spate of industrial action by the drivers of 650 petrol tankers working for Hoyer UK which supplies the majority of SHELL UK in a dispute over pay.
The drivers with pay demands of 13 per cent, have been offered 6 per cent from Hoyer, which has been rejected and Unite the union involved balloted membe
Posted on 29-05-2008 04 : 29 GMT +0200 Published By City Desk
One square foot in Mayfair will cost you £150.70, leading the world in office space ahead of Tokyo, Moscow and New York, showing that the economic slow down has as yet not affected London's business districts like the West End and the City.
CB Richard Ellis the global property agent in its report said that City of London in c
Posted on 15-05-2008 10 : 07 GMT +0200 Published By City Desk
Another bank in the UK today announces a write down, Barclays today has announced in its trading statement to the city that it expects profits drop following a "write-down on assets tarnished by the credit crunch".
Barclays Capital's credit market exposures resulted i
