UK construction headed for a drastic slowdown, warns trade association May 3, 2022 Construction activity is headed for a drastic slowdown, according to a top UK trade association, as geopolitical pressures weigh on British builders. Inflationary headwinds, labour shortages and supply chain disruptions have scuppered growth in the sector, with construction forecast to eek out 2.8 per cent growth in output – a stretch away from the 4.3 [...]
Dame Jayne-Anne Gadhia on open banking, account closures and sexism in the City March 4, 2024 Former Virgin Money CEO and Snoop founder Dame Jayne-Anne Gadhia speaks to City A.M. about the open banking revolution, "debanking" and sexism in the City.
Dealmaker’s Spotlight: Picus Capital December 13, 2022 Datasite recently spoke with Joanna Koczuk, Head of Investor Relations and Fundraising at Picus Capital, who shared her thoughts on creating long-term value in the VC space, even in current challenging environment. Picus Capital is a global venture capital firm and invests in early-stage technology companies. At the heart of its investment philosophy is being [...]
FTX founder Sam Bankman-Fried agrees to US extradition in major U-turn December 20, 2022 The disgraced founder of FTX, Sam Bankman-Fried, has agreed to be extradited to the US from Bahamas where he faces a slew of fraud and conspiracy charges from federal prosecutors.
Explainer: Who will pay £10bn to fix the sewage scandal? May 18, 2023 Imagine some multi-billion company was throwing untreated sewage into your local river, then got caught, said they were sorry, and asked you to pay to clean it up. Welcome to Britain in 2023. Water UK, the industry body for water companies, today apologised for all the raw sewage spillages, and committed £10bn to be spent [...]
High-flying lawyers and comms whizzkids: Meet the City types running for Parliament February 6, 2024 Meet the City workers packing it in for a run at election in this year's general election - and they're not all Tories
Energy saving measures could provide £7bn boost to UK economy September 20, 2022 A Government backed programme to insulate homes could inject £6.8bn into the economy by the end of the decade, says Greenpeace.
London office market now a race for best in class, says British Land May 17, 2023 The gap between the "best and the rest" is beginning to define the London office market, say property developers British Land this morning.
Square Foot Mile: Corporate office space deals surged by 25 per cent in 2022 December 23, 2022 Big corporate deals for London HQs has caused office leasing volumes to surge by almost 25 per cent. The post-pandemic return to the office is in full swing, with central London take-up rising by 24 per cent this year. Of the increase, demand for high-quality space in the capital has skyrocketed with 60 per cent [...]
Abrdn urges housebuilders to go further than legal requirements in coughing up cladding cash March 23, 2022 FTSE 100 asset manager Abrdn has called on housebuilders to do more than the bare minimum to foot the bill to fix blocks with unsafe cladding. According to a report from Sky News, the City investor has written a letter to big players in the construction sector, urging them to do more than they are [...]