Britain’s brightest black entrepreneurs and artistes feted at awards ceremony November 4, 2022 Charlene White and Jay Blades took to the Boisdale of Canary Wharf stage at the back end of last month to host the first annual London Chamber of Commerce Black Excellence Awards 2022, to celebrate the inspirational contribution of the British black community to the cultural and economic development of the United Kingdom. Accompanied by [...]
Former deputy mayor shared in £750,000 dividend from RationalFX as staff were laid off July 17, 2024 The former deputy mayor of London shared in a £750,000 dividend from his now-collapsed foreign-exchange firm while scores of the company’s staff were laid off through the pandemic, City A.M. can reveal.
Nightcap boss: ‘No place for mediocrity’ in economic tumult as cocktail brand’s sales surge November 13, 2022 Cocktail bar operator Nightcap is slowing down its expansion programme while its CEO told CityA.M. the sector faces “uncharted territory” this winter. While the London-listed business would not halt openings entirely, it would “be more cautious” with new sites, CEO Sarah Willingham said. In its annual report last week, the owner of The Adventure Bar [...]
Clifford Chance tech lawyer says London law firm should adopt Silicon Valley work culture February 23, 2022 A rising star lawyer at Magic Circle law firm Clifford Chance has called on the Canary Wharf headquartered firm to appoint a “Chief Happiness Officer” after submitting a manifesto to his colleagues calling on the firm to create a Californian style work culture. Clifford Chance partner Jonathan Kewley, who is standing for the position of [...]
Anchors away: Princess Yachts on the lookout for new owners May 27, 2022 City sources have suggested that Princess Yachts is up for sale as more and more Russian-owned luxury boats are seized by the government.
Chicken goujons and late nights give Greggs another positive quarter May 16, 2023 British bakery and fast food chain Greggs said it saw strong sales growth in the first 19 weeks of 2023, as it continued the roll-out of new shops, longer trading hours and added extra options to its menu. Greggs said that total sales in the 19 weeks to 13 May 2023 were £609m, up from [...]
City Moves: Who’s switching jobs in the Square Mile? September 1, 2022 City A.M.’s Millie Turner provides a roundup of the most important hires and job moves across the City, every morning. Email citymoves@cityam.com to be featured. QuadReal QuadReal Property Group has appointed a Deutsche Asset Management lead as its vice president of research and strategy. Farhaz Miah is set to oversee research across UK and European markets. Reporting to executive vice president Rosemary [...]
HSBC shares top FTSE 100 after it offloads Canada business to RBC for £8.4bn November 29, 2022 BRITAIN’S biggest bank HSBC has sold its Canadian business to Royal Bank of Canada (RBC) for $10.1bn (£8.4bn) in a move that may save some face with disgruntled Asian investors demanding the firm be broken up. The Canary Wharf headquartered lender said today it plans to redistribute a chunk of the $5.7bn (£4.7bn) profit it [...]
City A.M.’s jobs of the week December 21, 2023 The job market never sleeps. Luckily, City A.M. has collaborated with Jobbio to pick out the most exciting job opportunities in the City and beyond. Liberty Global Title: Senior Internal Auditor Location: London Liberty Global is a world leader in converged broadband, video and mobile communications and an active investor in cutting-edge infrastructure, content and [...]
The office is not dead – far from it, say City insiders April 26, 2021 As the economy starts to reopen, the City is slowly coming back to life. A range of banks and Square Mile-based firms have started to formalise work from home policies and implemented flexible working arrangements. Businesses in every sector have been debating concepts of what the post-Covid office could look like with pessimists doubting its [...]