Business news for London: companies, finance and professional services, commercial property, tech and startups, hospitality and retail, and the people moving across the city.https://www.londonbusinessdaily.co.uk/en-gbWed, 11 Nov 2026 07:40:07 GMTeditor@londonbusinessdaily.co.uk (London Business Daily)editor@londonbusinessdaily.co.uk (London Business Daily)Copyright 2026 London Business Daily60https://www.londonbusinessdaily.co.uk/images/londonbusinessdaily-logo.pnghttps://www.londonbusinessdaily.co.uk/https://www.londonbusinessdaily.co.uk/topcoat-construction-limited-t-a-tcl-group-wins-orbit-group-contract/https://www.londonbusinessdaily.co.uk/topcoat-construction-limited-t-a-tcl-group-wins-orbit-group-contract/Orbit Group Limited has awarded the firm a contract worth £6.53m including VAT for "Repairs, Maintenance and Empty Homes".Wed, 11 Nov 2026 07:40:07 GMTLondon Business DailyCompanieshttps://www.londonbusinessdaily.co.uk/london-diesel-and-petrol-prices-for-business-2026-11-09/https://www.londonbusinessdaily.co.uk/london-diesel-and-petrol-prices-for-business-2026-11-09/Official Fuel Finder figures to 9 November 2026 put diesel at 189.7p a litre at the cheapest forecourt open to all drivers in London and 221.9p at the dearest, against a London average of 199.0p and a UK average of 197.1p.Tue, 10 Nov 2026 17:20:10 GMTSam AllcockFinancehttps://www.londonbusinessdaily.co.uk/futurelearn-wins-university-of-york-contract/https://www.londonbusinessdaily.co.uk/futurelearn-wins-university-of-york-contract/University of York has awarded the firm a contract worth £92m including VAT for "University of York, Transforming Online Education".Tue, 10 Nov 2026 16:30:14 GMTSam AllcockCompanieshttps://www.londonbusinessdaily.co.uk/ernst-and-young-wins-the-water-services-regulation-authority-contract/https://www.londonbusinessdaily.co.uk/ernst-and-young-wins-the-water-services-regulation-authority-contract/The Water Services Regulation Authority has awarded the firm a contract worth £13m excluding VAT for "Independent Monitor, Thames Water: Independent Monitor (IM), Thames Water".Tue, 10 Nov 2026 15:40:13 GMTSam AllcockCompanieshttps://www.londonbusinessdaily.co.uk/sap-uk-wins-sellafield-contract/https://www.londonbusinessdaily.co.uk/sap-uk-wins-sellafield-contract/Sellafield Limited has awarded the firm a contract worth £26.2m excluding VAT for "Core HR Software as a Service (SaaS) Licensing to include Success Plans: Core HR SaaS Licensing to include Recruitment Module".Mon, 09 Nov 2026 07:01:02 GMTSam AllcockCompanieshttps://www.londonbusinessdaily.co.uk/london-company-insolvencies-rise-11-percent-to-470-in-october/https://www.londonbusinessdaily.co.uk/london-company-insolvencies-rise-11-percent-to-470-in-october/Gazette notices show 470 administrations, creditors' voluntary liquidations and compulsory liquidations in London in October 2026, up 11% from 424 in September 2026.Thu, 05 Nov 2026 12:40:22 GMTSam AllcockFinancehttps://www.londonbusinessdaily.co.uk/london-firms-public-contracts-october-2026/https://www.londonbusinessdaily.co.uk/london-firms-public-contracts-october-2026/The largest was £93.2m from NHS Essex Integrated Care Board to Vita Health Solutions Ltd. The median award was £113,023, in award notices published in October 2026.Thu, 05 Nov 2026 09:25:12 GMTSam AllcockCompanieshttps://www.londonbusinessdaily.co.uk/evo-digital-technologies-wins-islington-and-shoreditch-housing-association-contr/https://www.londonbusinessdaily.co.uk/evo-digital-technologies-wins-islington-and-shoreditch-housing-association-contr/Islington & Shoreditch Housing Association Limited has awarded the firm a contract worth £20.3m excluding VAT for "Digital Property Maintenance and Repairs Services".Thu, 05 Nov 2026 08:35:11 GMTSam AllcockCompanieshttps://www.londonbusinessdaily.co.uk/biodance-opens-first-uk-counter-at-selfridges-london/https://www.londonbusinessdaily.co.uk/biodance-opens-first-uk-counter-at-selfridges-london/Korean skincare brand Biodance has launched its first standalone UK counter in the Beauty Hall at Selfridges' Oxford Street store in London.Wed, 04 Nov 2026 19:30:23 GMTSam AllcockCompanieshttps://www.londonbusinessdaily.co.uk/london-companies-payment-times-to-suppliers-2026-11-03/https://www.londonbusinessdaily.co.uk/london-companies-payment-times-to-suppliers-2026-11-03/Large companies with a registered office in London took a median of 27 days to pay their suppliers in their latest statutory reports, against 31 days across all 6,220 UK companies reporting. Of the 2,085, 120 averaged more than 60 days.Wed, 04 Nov 2026 08:00:22 GMTSam AllcockFinancehttps://www.londonbusinessdaily.co.uk/london-diesel-and-petrol-prices-for-business-2026-11-02/https://www.londonbusinessdaily.co.uk/london-diesel-and-petrol-prices-for-business-2026-11-02/Official Fuel Finder figures to 2 November 2026 put diesel at 185.9p a litre at the cheapest forecourt open to all drivers in London and 222.9p at the dearest, against a London average of 199.8p and a UK average of 198.7p.Tue, 03 Nov 2026 14:00:40 GMTSam AllcockFinancehttps://www.londonbusinessdaily.co.uk/john-lewis-launches-20th-christmas-advert-with-kristin-scott-thomas-and-sam-fender/https://www.londonbusinessdaily.co.uk/john-lewis-launches-20th-christmas-advert-with-kristin-scott-thomas-and-sam-fender/The retailer's 2026 advert, Gloria and Pickles, carries the tagline "Don't give up on giving" and was made by Saatchi & Saatchi. It premiered on 3 November, and John Lewis profits from the Sam Fender single go to Action for Children.Tue, 03 Nov 2026 09:35:43 GMTSam AllcockSupplied by John LewisCompanieshttps://www.londonbusinessdaily.co.uk/salvation-army-swaps-thin-clients-at-nearly-750-uk-sites-as-it-moves-off-citrix/https://www.londonbusinessdaily.co.uk/salvation-army-swaps-thin-clients-at-nearly-750-uk-sites-as-it-moves-off-citrix/The charity, which moved into its Denmark Hill headquarters in London in 2023, has bought around 1,500 10ZiG devices as it shifts its IT estate to Microsoft Azure Virtual Desktop.Wed, 28 Oct 2026 12:37:26 GMTSam AllcockTechhttps://www.londonbusinessdaily.co.uk/london-bosses-now-earn-164-times-local-pay-against-14-times-in-1980/https://www.londonbusinessdaily.co.uk/london-bosses-now-earn-164-times-local-pay-against-14-times-in-1980/In 2011 the High Pay Commission showed how far boardroom pay at BP, Barclays, Lloyds and Reed had pulled away since 1980. London Business Daily has rerun the comparison with the companies' 2025 annual reports and the earnings figures ONS published last week: against a typical London full-time worker, the gap is now about 11 times wider than it was in 1980.Wed, 28 Oct 2026 07:18:23 GMTLondon Business DailyCompanieshttps://www.londonbusinessdaily.co.uk/runthrough-launches-road-closed-kensington-10k-for-march-2027/https://www.londonbusinessdaily.co.uk/runthrough-launches-road-closed-kensington-10k-for-march-2027/The events company will close every road on a single-lap course from Holland Park through Notting Hill on Sunday 7 March 2027.Tue, 27 Oct 2026 16:55:31 GMTSam AllcockCompanieshttps://www.londonbusinessdaily.co.uk/westminster-buyers-need-three-times-local-pay-to-get-a-mortgage-study-finds/https://www.londonbusinessdaily.co.uk/westminster-buyers-need-three-times-local-pay-to-get-a-mortgage-study-finds/Everest Mortgages ranked 75 UK cities by the gap between local earnings and the income lenders would want to see, and Westminster came out as the hardest place for its own workers to buy a home. London as a whole ranked third.Tue, 27 Oct 2026 16:55:28 GMTSam AllcockPropertyhttps://www.londonbusinessdaily.co.uk/corgan-study-of-420-london-renters-highlights-affordability-and-location-as-key/https://www.londonbusinessdaily.co.uk/corgan-study-of-420-london-renters-highlights-affordability-and-location-as-key/Architecture and design firm Corgan has published a report on London's rental market based on a survey of 420 renters in the capital, part of a wider international research programme.Tue, 27 Oct 2026 16:55:21 GMTSam AllcockPropertyhttps://www.londonbusinessdaily.co.uk/syon-park-friday-and-sunday-wedding-bookings-up-27-percent-in-three-years/https://www.londonbusinessdaily.co.uk/syon-park-friday-and-sunday-wedding-bookings-up-27-percent-in-three-years/The West London estate says couples are turning the wedding day into a wedding weekend, and its Saturday wedding package now includes a two-night stay.Tue, 27 Oct 2026 14:34:26 GMTSam AllcockCamilla JoyHospitalityhttps://www.londonbusinessdaily.co.uk/paycaptain-says-average-wage-advance-rose-10-per-cent-in-2026/https://www.londonbusinessdaily.co.uk/paycaptain-says-average-wage-advance-rose-10-per-cent-in-2026/The London payroll platform's data puts the average advance at £130 in September, up from £119 in January, with most users who took emergency cash working in leisure.Tue, 27 Oct 2026 14:10:59 GMTSam AllcockFinancehttps://www.londonbusinessdaily.co.uk/london-based-monzo-business-reaches-one-million-customers/https://www.londonbusinessdaily.co.uk/london-based-monzo-business-reaches-one-million-customers/The digital bank, registered at Broadwalk House in London, announced the milestone on 28 July 2026 and says one in six UK businesses now bank with it.Tue, 27 Oct 2026 12:09:52 GMTSam AllcockFinancehttps://www.londonbusinessdaily.co.uk/london-smes-59-percent-confident-of-growth-monzo-business-survey/https://www.londonbusinessdaily.co.uk/london-smes-59-percent-confident-of-growth-monzo-business-survey/Regional figures from the Monzo Business Money Moves Report, released in the week of 26 October 2026, put London fourth for growth confidence, while 26% of London firms cite financial admin as a source of stress.Tue, 27 Oct 2026 12:09:49 GMTSam AllcockFinancehttps://www.londonbusinessdaily.co.uk/john-lewis-opens-platter-flagship-restaurant-at-oxford-street/https://www.londonbusinessdaily.co.uk/john-lewis-opens-platter-flagship-restaurant-at-oxford-street/The Oxford Street shop is the flagship for Platter, the restaurant concept that will replace John Lewis restaurants in 32 stores by the end of 2027, with an on-site coffee roastery and a terrace.Tue, 27 Oct 2026 12:09:45 GMTSam AllcockSupplied by John Lewis PartnershipHospitalityhttps://www.londonbusinessdaily.co.uk/waitrose-opens-cricklewood-supermarket-and-confirms-chalk-farm-store/https://www.londonbusinessdaily.co.uk/waitrose-opens-cricklewood-supermarket-and-confirms-chalk-farm-store/The 18,000 sq ft shop on Cricklewood Broadway opened on 22 October 2026 with 69 new Partners, and Waitrose named Chalk Farm as one of four newly acquired sites.Tue, 27 Oct 2026 12:09:42 GMTSam AllcockSupplied by John Lewis PartnershipCompanieshttps://www.londonbusinessdaily.co.uk/london-chamber-urges-employer-national-insurance-reversal-at-28-october-budget/https://www.londonbusinessdaily.co.uk/london-chamber-urges-employer-national-insurance-reversal-at-28-october-budget/The London Chamber of Commerce and Industry says nine in ten London businesses did not try to recruit for a second quarter running, and wants the Chancellor to cut the cost of hiring.Tue, 27 Oct 2026 12:09:39 GMTSam AllcockLCCICompanieshttps://www.londonbusinessdaily.co.uk/london-business-births-fall-5-9-percent-in-first-half-of-2026/https://www.londonbusinessdaily.co.uk/london-business-births-fall-5-9-percent-in-first-half-of-2026/Office for National Statistics figures show 34,745 new businesses in London from January to June 2026, down from 36,910 a year earlier. Brent, Sutton and Barking and Dagenham bucked the trend.Tue, 27 Oct 2026 08:11:00 GMTSam AllcockCompanieshttps://www.londonbusinessdaily.co.uk/london-has-biggest-food-hygiene-inspection-backlog-of-17-uk-cities/https://www.londonbusinessdaily.co.uk/london-has-biggest-food-hygiene-inspection-backlog-of-17-uk-cities/An analysis of Food Standards Agency ratings by the training provider Virtual College ranks London 15th of 17 cities for food hygiene, with an average of 4.44 out of 5.Tue, 27 Oct 2026 08:06:00 GMTSam AllcockHospitalityhttps://www.londonbusinessdaily.co.uk/four-london-boroughs-treated-less-than-1-percent-of-minor-roads-in-2025-26/https://www.londonbusinessdaily.co.uk/four-london-boroughs-treated-less-than-1-percent-of-minor-roads-in-2025-26/Department for Transport figures show Lambeth, Islington, Hounslow and Southwark among 21 English highway authorities below 1%, against 3.0% across England. The City of London was highest in the capital at 9.1%.Tue, 27 Oct 2026 08:01:00 GMTSam AllcockPropertyhttps://www.londonbusinessdaily.co.uk/london-diesel-and-petrol-prices-for-business-2026-10-22/https://www.londonbusinessdaily.co.uk/london-diesel-and-petrol-prices-for-business-2026-10-22/Official Fuel Finder figures to 22 October 2026 put diesel at 189.7p a litre at the cheapest forecourt open to all drivers in London and 222.9p at the dearest, against a London average of 200.3p and a UK average of 198.8p.Tue, 27 Oct 2026 07:56:00 GMTSam AllcockFinancehttps://www.londonbusinessdaily.co.uk/london-business-electricity-use-2024-and-q2-2026-prices/https://www.londonbusinessdaily.co.uk/london-business-electricity-use-2024-and-q2-2026-prices/Business electricity use across London's 33 council areas was 17.5% lower than in 2012, while the smallest firms nationally paid 38.36p per kWh in Q2 2026.Tue, 27 Oct 2026 07:51:00 GMTSam AllcockFinancehttps://www.londonbusinessdaily.co.uk/barking-and-dagenham-has-londons-highest-share-of-trades-businesses/https://www.londonbusinessdaily.co.uk/barking-and-dagenham-has-londons-highest-share-of-trades-businesses/An analysis of ONS business counts by the field service software firm Field Ascend finds trades make up almost three in ten business sites in Barking and Dagenham and Havering, against about one in sixteen in Kensington and Chelsea.Tue, 27 Oct 2026 07:46:00 GMTSam AllcockCompanieshttps://www.londonbusinessdaily.co.uk/london-has-largest-regional-benefits-bill-at-24-2bn/https://www.londonbusinessdaily.co.uk/london-has-largest-regional-benefits-bill-at-24-2bn/The campaign group's Welfare Map puts Tottenham's bill for six benefits at £624.9m in the 12 months to March 2026, the highest of 575 constituencies in England and Wales.Tue, 27 Oct 2026 07:41:00 GMTSam AllcockFinance