City watchdog urges firms to link pay to consumer outcomes as bonus cap is lifted October 31, 2023 The Financial Conduct Authority (FCA) has called for firms to link executive pay to consumer outcomes as the City prepares to lift the cap on bonuses.
Thousands of high-growth UK companies in ‘financial ill health’ January 25, 2024 Tens of thousands of UK companies are showing "distinct early signs of financial ill health" despite being predicted to grow by 20 per cent over the next year, according to a new report.
FCA shakes up prospectus regime in bid to revive beleaguered capital markets July 26, 2024 The Financial Conduct Authority (FCA) has laid out a shake-up of the UK’s prospectus regime today as part of a sweeping package of reforms designed to boost the country’s capital markets.
Mayor of London election: Shaun Bailey pledges to reverse Khan’s 9.5 per cent council tax rise April 7, 2021 Tory mayoral candidate Shaun Bailey has today pledged to reverse Sadiq Khan’s recent 9.5 council tax hike if victorious in the 6 May mayoral election. Bailey today said he would also reverse plans to extend London’s Ultra Low Emissions Zone (Ulez) and cut the capital’s congestion charge for motorists from £15 to £11.50. It comes [...]
City law firm breaking barriers with new parental leave policy June 10, 2024 Women are still underrepresented in senior positions at City law firms. Jenner & Block has revamped its London parental leave policy to tackle this issue.
Sadiq Khan accuses government of imposing ‘new era of austerity at worst possible time’ January 27, 2021 The Mayor of London has today warned that major cuts are inevitable unless the government adequately funds the capital. Khan has vowed to build a better city in the aftermath of the pandemic but argues that he is being forced to do so “with one arm tied behind my back”. Speaking at a Budget Plenary [...]
Housing secretary upholds approval of £250m Richmond urban village January 18, 2021 The housing secretary has granted property developer Avanton the go-ahead for a new 453-home urban village in Richmond. Avanton acquired the site in 2018 but its planning permission was initially refused by Richmond Council the following year. Mayor of London Sadiq Khan intervened to grant permission in October 2020 after Avanton announced plans to make [...]
How Westminster planning restrictions will choke off London’s super-prime property boom March 16, 2024 Changes to planning laws made by Westminster Council could see the current boom in super-prime developments shut off and bring a scarcity value to expensive central pads in the next few years. The local authority’s new restrictions, which were adopted in 2021 as part of the borough’s 2019-2040 ‘City Plan’, mean that no new residences [...]
FCA confirms biggest shake-up of listing rules ‘in 30 years’ July 11, 2024 The Financial Conduct Authority (FCA) has confirmed a sweeping shake-up of its listing rules today in a bid to revive the City’s public markets and correct a drop off in flotations over the past two years.
Crossrail will be ‘mothballed’ without extra funding, TfL chief warns November 21, 2020 The troubled £19bn Crossrail project is at risk of being “mothballed’ unless it receives urgent additional funding, London’s transport chief has warned. Transport for London (TfL) commissioner Andy Byford this week urged the Department for Transport to provide £80m of immediate support to keep the rail link on track, Sky News reported. In a letter [...]