City A.M.’s Devilishly Difficult 2017 Sports Quiz Part 1: The good and the bad of the sporting year December 21, 2017 It has been another vintage year of sporting drama, from the triumphs of Anthony Joshua and Lewis Hamilton to the disappointments of England’s failed Ashes defence and Usain Bolt’s anticlimactic farewell. But as the dust settles on 2017, how much have you remembered about those defining moments, or the storylines playing out off the field, [...]
Look to Milton Keynes for the solution to the housing crisis October 16, 2017 If asked what the greatest achievement of the British government over the last 50 years was, people will give a wide range of answers. Perhaps Margaret Thatcher’s Right to Buy policy would get your vote, or maybe joining (or now leaving) the EU. I doubt many would give you the following answer however: Milton Keynes. [...]
Use Brexit to promote free trade and prosperity across the world March 16, 2018 The aid deal between the UK and Saudi Arabia announced last Friday, to coincide with Crown Prince Mohammed bin Salman’s visit, ruffled many feathers within the government, as Downing Street sought to defend the visit, saying that trade deals worth £65bn had also been agreed. Last week, we also saw the Trump administration push forward [...]
Darkest Hour film review: A fine performance by Gary Oldman, but still an exercise in cosy revisionist history January 11, 2018 Winston Churchill is curiously absent from the opening fifteen minutes of this new Joe Wright-directed study of the tumultuous first few weeks of his Premiership. Instead, we hear political colleagues murmur darkly about the prospect of him becoming Prime Minister in the wake of Neville Chamberlain’s resignation. It’s a clever manoeuvre; with Churchill (played by [...]
Balderton Capital closes sixth fund at $375m to back more European tech startups November 27, 2017 One of Europe’s biggest backers of tech startups across Europe, including digital challenger bank Revolut and mapping app Citymapper in the UK, has raised a huge new fund to invest in early stage companies. Balderton Capital has raised $375m for its sixth fund which has gained more interest from US investors who are seeing Europe [...]
We’re going to build Crossrail 2 and the private sector is going to pay for it April 3, 2017 Passengers crammed on to the Central, District, Circle and Piccadilly Lines are gasping for the opening of the Elizabeth Line, running from west to east, from Heathrow to Canary Wharf and beyond, late next year. But what about Londoners packed on to the north-south Northern, Victoria, Bakerloo and Jubilee Lines who suffer from similar over-crowding [...]
British Land posts upbeat third quarter as London mayor Boris Johnson approves Norton Folgate plans January 19, 2016 Customers flocking to British Land’s shopping centres and ongoing demand for its offices helped the landlord deliver a strong performance in the third quarter, as the group also revealed that plans for a controversial Shoreditch scheme had been approved. The FTSE 100 property giant said retail footfall rose by two per cent over the Christmas quarter, with Meadowhall [...]
Last Week in the City: Trade wars begin July 6, 2018 Garry White, chief investment commentator, looks at the market-moving events that have shaped the UK equity markets this week (2 to 6 July 2018). The World Cup is “distracting” for participants in global markets, according to Citigroup. "We find that football is indeed distracting, subtly impacting market depth, traded volumes and execution cost,” the US [...]
Seed capital comes to London start up that helps street food traders set up shop January 8, 2017 A LONDON-based tech startup that aims to modernise the street trading sector has secured £350K seed capital investment from private Singapore fund B.O.H LLC. StreetDots works with major landlords to open street trading pitches or 'dots' that can be booked by street food traders and other retailers via a one stop app. The technology handles [...]
Landing cards to be scrapped under Home Office plans to modernise border control August 5, 2017 Non-european travellers will no longer have to fill in landing cards when arriving in the UK under new proposals announced by the Home Office today. The paper-based system, which has been in use for nearly half a century, is expected to be scrapped in the autumn. Read more: Ryanair boss warns of “no holidays” in [...]