Category Archives: Business news

London’s first black bookshop under threat from closure

London’s groundbreaking first black bookshop could close after 50 years unless it finds a significant cash injection. New Beacon Books, which opened in Finsbury Park in 1966 and once held literary salons with some of the world’s most famous black writers, poets and activists including C.L.R James, Stokely Carmichael and Linton Kwesi Johnson, now survives

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Rates rise could be final nail in the coffin for businesses

Phillip Hammond promised eagerly-anticipated relief for Islington’s small businesses in yesterday’s budget announcement. Business rates are set to soar by 56% in some wards, making Islington one of the the hardest hit boroughs in the country. Hammond announced three measures to alleviate the pain:           • Businesses losing ‘small business rate

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The history of Chapel Market

Islington’s Chapel Market officially dates back to the 1860s but it’s likely they were serving pie and mash there long before. It’s now traditionally considered a home to butchers, bakers and cheesemongers. The first handful of food shops and non-retail businesses opened in 1841, including a tradesmen and a copperplate printer. But the street remained

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Farmers stand up to the supermarkets

Urban Islington wouldn’t usually be the first place that comes to mind when buying farm-fresh fruit, meats and cheeses sold by local farmers themselves. Instead you’d expect to find the Tesco Express and Sainsbury’s Local selling imported goods to residents. Food Assembly, a network of food sellers who launched their Islington branch on Tuesday, looks

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Bloody brilliant! The company making money out of menstruation

An Islington company is turning women’s periods into a successful business. “The idea came out of my own frustration with the way tampons and pads are bought,” says DAME’s founder, Celia Pool. “I saw the whole manner of how other utility products come through the door, things likes contact lenses, coffee etc. and realised that

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Google’s massive King’s Cross HQ to be built by Lendlease Construction

Google has struck a £650m deal with Lendlease Construction to build its new London headquarters, a 10 storey structure set to tower over King’s Cross. The Europe-based branch of the company beat competition from the likes of Mace, Multiplex and Sir Robert McAlpine to secure the contract.   Joe Borrett, Google’s EMEA director of real

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Crossrail will make Farringdon one of London’s “best-connected economic hubs”, business leaders say

Crossrail is set to turn Farringdon into one of the capital’s best-connected economic hubs, business leaders say. One hundred local businesses, including Alexander McQueen and Kurt Geiger, are currently voting on a proposal for the Farringdon and Clerkenwell area to become a Business Improvement District (BID). If the majority vote ‘yes’, a mandatory levy will

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What would Brexit mean for small businesses? Islington Now investigates

Islington residents are moderately Europhile, according to polling company YouGov, but local business owners may not be voting to stay in the EU come June. The Chamber of Commerce plans to canvas its members “in the coming months” – but Islington Now found a huge range of opinions after speaking to small business owners. Rochana

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Meet the owner of Islington’s new independent business, MagCulture

What inspired you to open magCulture? In other European cities there are spectacular magazine shops. If you know where to look in London you can find some great magazines, but I felt there needed to be a dedicated shop with specialist and rarer magazines. I came to working in publishing through design and what made

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LGBTI accolade goes to Finsbury Park barber

Greygory Vass, co-founder of Open Barbers, has been recognised in this year’s Independent on Sunday’s Rainbow List, a celebration of the 101 most influential people in the LGBTI community. The Finsbury Park local made number 95 on the annual list for his hairdressing salon with “a queer friendly attitude” which he began after his own

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