Starters, mains and a side order of inducement: why that extra bottle could land you in trouble September 20, 2021 Many financial services sector city workers who have been working from home over the last eighteen months are now emerging butterfly-like from their home-office chrysalis and returning to the office. Enthusiasm and appetite for the working lunch have also returned, with socialising around work firmly back on the menu. It is not surprising to read [...]
Bank of Ireland sees strong first quarter as capital rises and costs drop April 30, 2021 The Bank of Ireland has reported a strong income for the first quarter of this year today, noting limited impacts on customer loans from longer lockdowns in the Irish market. Ireland’s largest bank by assets enjoyed a stable net interest income throughout its multiple lockdowns, exceeding initial forecasts, as its capital levels rose and its [...]
Bakerloo Line extension takes one step closer as £8bn plans unveiled February 24, 2024 Amongst the proposals include the extension of the Docklands Light Railway to Thamesmead, and a West London Overground line, as well as a second crossrail linking the south west and north east.
Loss for talent: What impact does the London housing crisis have on start-ups in the City? July 30, 2024 Britain’s ongoing housing crisis has created a knock-on effect for start-ups, according to new research shared exclusively with City A.M., as small business owners begin to struggle to attract and retain talent. The research, which was conducted by fintech firm iwoca, highlighted that 22 per cent of the 500 small and medium-sized enterprises (SMEs) surveyed [...]
WATCH: RNLI’s Tower lifeboats called out from new London station for the first time May 4, 2023 London’s busiest lifeboat rescue crew sprung into action from its new Waterloo Bridge home for the first time this week. The Tower team of the Royal National Lifeboat Institution (RNLI) launched from its newly-created multimillion pound station , after the dilapidated old one was towed away in January. Its previous station, which had parts of [...]
Second World War bomb taken out to sea after mass evacuation February 24, 2024 A 500kg Second World War bomb discovered in a back garden, which prompted “one of the largest UK peacetime evacuation operations”, has been safely taken out to sea. Around 30 of the armed forces’ most experienced bomb disposal specialists had worked around the clock since Tuesday to assess the condition of the device since it [...]
Evening Standard falls to £17m loss as lockdown hits commuting July 7, 2021 The Evening Standard plunged to a £17.2m loss last year as repeated lockdowns and work-from-home orders hit the freesheet’s commuting readership. Revenue for the year dropped by almost a third to £44m in the year to the end of September as lower reader numbers were compounded by a slump in advertising spend. The pre-tax loss [...]
The pandemic has the power to set back gender equality and care burdens – we mustn’t let it August 3, 2021 Britain has been at the forefront of empowering women economically and combating gender inequality, but the uneven impact of the pandemic has thrown much of this progress into jeopardy. Research on the economic fallout has found that the pandemic-driven recession may be driving the first “she-cession” where women’s economic prosperity, relative to men’s, has slid [...]
City of London Corporation chief says 19 July will ‘restore vibrancy’ in capital July 13, 2021 The City of London’s local authority welcomed the government’s announcement that “Freedom Day” will go ahead next week, helping the capital to bounce back from the pandemic. Catherine McGuinness, the City of London Corporation’s policy chair, said: “This is a light at the end of the tunnel for the many City businesses desperate to return [...]
Tandem Bank profitable for second year in a row as growth continues June 7, 2024 Tandem Bank has reported a jump in earnings and customer numbers.