LONDON News

Monday 2nd March 2015
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LONDON Facts


Population: Approx 6,962,319
Longitude: -0.17
Latitude: 51.5
Street Map: Click Here
Country: United Kingdom (UK)
Weather Station: London Weather Centre
(about 2 miles away)

LONDON Weather


Current Weather in LONDON
London FTSE edges higher in early trade
London shares edged higher on Monday but investors appeared to be largely unmoved by a weekend rate cut by People's Bank of China, traders said. The benchmark FTSE 100 index climbed 0.28 percent, or 19.66 points, in opening trades to 6,966.32 points. The People's Bank of China (PBoC) on Saturday cut interest rates by 25 basis points, citing "historically low inflation" among the factors behind ...
How Billionaires in London Use Secret Luxury Homes to Hide Assets
On London’s Billionaires Row in Hampstead, the seven-bedroom Carlton House with its 50-foot ballroom, underground swimming pool and 10-person Turkish bath is for sale for 14 million pounds ($21.5 million). It’s being sold to repay BTA Bank after British courts seized assets from the Kazakh lender’s one-time chairman, billionaire Mukhtar Ablyazov. It took the U.K. High Court to establish that the ...
London market consolidation keeps rolling
Continued consolidation in the London market is being driven by the changing needs of customers and brokers, along with tighter capital rules for underwriters.
'Jihadi John' part of network linked to failed London bombers - court papers
LONDON (Reuters) - Islamist militant Mohammed Emwazi, identified as 'Jihadi John', was a member of a network in contact with one of the men convicted of trying to bomb the British capital's underground railway in 2005, according to the government.
Unmasking of 'Jihadi John' as a London lad shocks Britain
LONDON (AP) — The unmasking of Islamic State militant "Jihadi John" as a Londoner who had repeatedly been questioned by security services sent shock waves through Britain Friday, with Prime Minister David Cameron stepping in to defend British spy craft.
'Jihadi John' identified as London-raised college grad
LONDON (AP) — The world knows him as "Jihadi John," the masked, knife-wielding militant in videos showing Western hostages being beheaded by the Islamic State group. On Thursday he was identified as a London-raised university graduate known to British intelligence for more than five years.
IS executioner 'Jihadi John' named as London graduate
London (AFP) - "Jihadi John", the masked Islamic State group militant believed responsible for beheading of at least five Western hostages, has been named as Kuwaiti-born computing graduate Mohammed Emwazi from London. "Jihadi John", nicknamed after Beatle John Lennon due to his British accent, is believed to be responsible for the murders of US journalists James Foley and Steven Sotloff ...
London shares close flat after hitting new intraday high
London's stock market hit a fresh record intraday high Friday, rounding off a successful week thanks to a deal on Greece's bailout and positive company results. The benchmark FTSE 100 index closed 3.07 points or 0.04 percent lower at 6,946.66 points, having hit a new best ever level of 6,967.24 points in late trade. "Many are convinced that markets have still further to go especially as the ...
London shares dip at open despite IAG, Lloyds gains
London shares dipped slightly at the start of trading on Friday as Greece, Ukraine and deflation fears weighed on investor sentiment, dealers said. "With negative cues hanging over the markets such as Greece, the Ukraine and worries about global growth and deflation there's certainly a bit of reluctance on the part of the bulls to take markets higher," said Jonathan Sudaria, a dealer at London ...
London fashion designers get a helping hand in a tough industry
With its frayed denim outfits, Marques'Almeida is making a name for itself on the London fashion scene thanks to a sponsorship scheme that has helped half the designers showing here this season. Portuguese designers Marta Marques and Paulo Almeida have been winning rave reviews for their Nineties grunge-inspired collections since they started the label four years ago. This season they expanded ...

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