Barton to replace Meehan as Victorian Plumbing finance chief February 7, 2023 Victorian Plumbing Group’s finance chief, Paul Meehan, has told the board he will be stepping down from his role at the end of March in order to pursue other opportunities. Meehan will be replaced by Daniel Barton, currently the group’s director of finance. Barton will be appointed to the board on 1 April. Barton joined [...]
Government set to unveil fresh capital markets reform to boost the City July 12, 2022 The government is set to push through a number of further reforms to the City’s capital markets to ease the way that listed firms can raise cash and allow greater participation from retail investors.
Square Mile’s post-pandemic leisure revival to be spearheaded by top West End marketing guru June 30, 2022 The West End’s top marketing guru has been brought on board by the Square Mile to lead its post-pandemic leisure revival. Luciana Magliocco will spearhead Destination City, in a bid to “redefine” the oldest part of the capital after multiple lockdowns hit retailers, pubs and bars hard. Three big events are already planned for Autumn, [...]
Virgin Media O2 reveals plans to open new London HQ as it dials in earnings of £10.36bn February 23, 2023 Virgin Media 02 has said it is “confident” it will deliver its 2023 profit guidance, as the group posts strong revenues in its first few months of merging. For the year ending 2022, the broadband giant saw revenues of £10.36bn up slightly from the pro forma figure of £10.35bn the previous year. The group which [...]
Consumer Duty: High street banks prepare for major regulatory shakeup as clock ticks down May 31, 2023 Banks in the UK have just two months to prepare for the incoming Consumer Duty, with some prominent bankers suggesting the new regulatory standards will prompt widespread changes in the industry. The Financial Conduct Authority’s (FCA) flagship Consumer Duty, which will come into effect on 31 July, requires firms to deliver good outcomes for retail [...]
Keir Starmer to launch Labour ‘down payment for change’ pre-election offer May 16, 2024 Keir Starmer will today launch Labour’s “down payment for change” in a pre-election doorstep offer to voters.
London a £106bn key driver of surging global online sales in wake of pandemic March 10, 2022 London was at the forefront of soaring global online shopping, with record-breaking investment in the capital last year. As the world emerged from the pandemic, retailers took in more than $140bn (£106bn) from web-based sales in 2021 – more than double the previous year. Following numerous lockdowns which led to a spike in virtual shopping, [...]
The Notebook: Ed Perry and Rosie Brown on hiring prison leavers, shopping local and saving our soil July 18, 2023 Ed Perry and Rosie Brown are the sibling owners of COOK, the ‘force for good’ frozen food innovator Closer link between prisons and firms can work for all The government’s call last week for businesses to hire more prison leavers is to be applauded. At a time when the public sector is short of good [...]
To escape an identity crisis, the City of London must cherish new public spaces March 2, 2023 The City of London changes with the times, and so does its identity. To foster an inclusive community of residents and workers, it needs a strong sense of place built around public spaces, writes Martha Grekos
EV delivery firm Packfleet branded ‘disgusting’ for plans to sack 30 drivers and replace them with gig economy contracts May 8, 2024 EV courier Packfleet has informed workers of plans to sack 30 employed drivers and force them to become self-employed, City A.M. understands.