Over the line: Liontrust strikes near-£100m deal to snap up Swiss rival May 4, 2023 London-listed asset manager Liontrust is set to buy a rival for £96m this morning as a consolidation of the industry accelerates this year.
Mass tech layoffs appear to be over – so when will the hiring start again? August 21, 2023 The episode of mass job cuts across the tech sector appears to have drawn to a close, with some research firms halting their regular data updates on tech layoffs. Tech analysts at Bernstein Research declared the “magnitude of tech layoffs” has settled after its peak in January, in an email sent to clients last Friday [...]
Shoreditch, Clerkenwell and King’s Cross become Crossrail winners as office rents skyrocket by as much as 123 per cent May 23, 2022 The much anticipated arrival of Crossrail has driven huge office rental growth in London submarkets, which have outperformed traditional hubs like the West End and The City of London. It comes after 24 May 2022 was confirmed as the official launch date for Crossrail. New data reveals that prime rents in Shoreditch and Clerkenwell during [...]
Sadiq Khan to run for third term as London mayor in 2024 election December 20, 2022 Sadiq Khan will seek a third term as London mayor, after being selected as Labour’s candidate for the 2024 election. Khan, who would be the first London mayor to win three elections if victorious in 2024, said it would be a “very tough election” and that “there’s still so much more to do.” There have [...]
Schroders profits slide in ‘one of the most challenging years of recent times’ February 29, 2024 Schroders reported a rebound in assets under management but a slide in profits today as it weathered “one of the most challenging years” for money managers “in recent times”.
ULEZ camera vandalism ‘will not stop’ London expansion despite 300 incidents this month August 18, 2023 Transport for London (TfL) vowed that vandalism of ultra-low emission zone (Ulez) cameras “will not stop” the scheme’s expansion. The transport body issued the statement after the Metropolitan Police said it had recorded 288 crimes relating to the cameras as of August 1, and released an image of a suspect. The BBC said there had [...]
Unicorn digital bank Oaknorth to award first dividend after bumper profit August 13, 2024 Digital challenger bank Oaknorth has agreed to award its maiden dividend to shareholders after the fintech unicorn enjoyed a jump in profit last year.
Blackstone backs London with new Mayfair base October 8, 2022 Blackstone will build its new European headquarters in London at its Mayfair base, in a fresh boost for the for the capital.
Covid unicorn Hopin enters liquidation as it moves head office to US February 26, 2024 Tech unicorn Hopin, which was once worth $7.75bn, has entered liquidation less than a year after it sold off its titular events platform.
Electric Guitar: Digital marketer buys data analytics firm set up by its chief August 9, 2024 Digital marketing and advertising company Electric Guitar will acquire software solutions provider Mymyne, previously set up by its chief executive. Mymyne was set up in 2019 by Electric Guitar’s chief executive, John Regan, to develop and commercialise data-related software services, with swoop is being viewed as a sign that the marketing world is moving towards [...]