The office is a particularly important place for startups September 11, 2020 Remote working is liberating us from the shackles of outdated, 20th Century habits, goes the prevailing narrative. We are freed from the purgatory of the daily commute and are spared office gossip, time-wasting meetings or pointless rituals. Major corporations seem to have embraced this ethos too. Google has said that most employees can be home-based [...]
£200m Mayfair office redevelopment gets green light November 11, 2020 Developers have been given the go-ahead for a £200m project to transform Mayfair’s Lansdowne House into office and retail space. Westminster City Council granted planning permission to real estate firm Core to redevelop the property in Berkeley Square. Core said the project is a “huge boost” for central London and the city’s office market, despite [...]
Covid-19 cases fall as NHS continues to struggle April 15, 2022 The number of people infected with Covid-19 across the UK dropped ten per cent last week, according to the Office for National Statistics.
A Unique approach to seeking out the right blockchain December 24, 2021 Jillian Godsil interviews Gregory Zaitsev, Chief Technology Officer at Unique Network.
Exclusive: City broker ATFX ceases retail trading activities, closes Polish office January 5, 2021 City-based broker ATFX UK has closed its Polish satellite office following the decision to cease all services for retail clients. City A.M. spoke with four former employees in the firm’s Krakow office, who said all Poland-based ATFX employees had been made redundant at the beginning of December. In addition, several positions in both Hong Kong and London have [...]
Credit Suisse hires new finance chief in boardroom shake-up August 22, 2022 Embattled Swiss lender Credit Suisse has hired Deutsche Bank’s Dixit Joshi as finance chief and promoted Francesca McDonagh to chief operating officer as it looks to reset after a string of crises.
John Lewis axes 1,500 head office jobs November 4, 2020 John Lewis has announced it will axe a further 1,500 jobs as part of its plan to return to profit. The retailer said this morning that it will cut the head office roles by April next year, in a move that will save £50m as it targets £300m in cost reductions by 2022. It will [...]
Office space provider IWG revenue drops as it closes sites November 3, 2020 Office landlord IWG has posted a decline in revenue over the third quarter as it continued to close sites due to the “unprecedented storm” of the coronavirus pandemic. The FTSE 250 firm posted a 14.3 per cent drop in revenue to £583.3m in the three months to the end of September and warned support measures [...]
New office construction in central London plunges 50 per cent November 23, 2020 New office construction in central London has plummeted by half over a six month period, according to the latest research, driven by a drop off in demand in the Square Mile. Weak tenant demand was the biggest obstacle to kickstarting new projects during the period, as developers wait to assess employers’ plans to return to [...]
Met police apologise over ‘traumatic’ strip search of Hackney schoolgirl March 16, 2022 The Metropolitan police have apologised after two officers strip searched a black schoolgirl who was wrongly suspected of carrying cannabis.