Alantra gives vote of confidence to London as it switches investment banking HQ to City June 13, 2023 Spanish investment bank Alantra has shifted its investment banking headquarters to a new office overlooking St Paul’s in a boost for the City. The Madrid-based bank said the new London office, based on 25 Cannon Street, is a “natural next step…given the significance of the City of London as a global financial centre”. The new [...]
Harrods hails rise in profit as iconic London store recovers from pandemic lull August 15, 2023 Harrods, the world famous department store in Knightsbridge, recorded a profit for the year ending January 2023, as the iconic London shop fully rebounded from the pandemic lull. Luxury shoppers keen to blow their cash in the capital helped hike operating profits at Harrods to £202.7m up from a weak £71.4m the prior year. The [...]
Dragon Awards: City to recognise socially responsible London businesses – and an individual for the first time August 10, 2023 More than 20 firms, projects and individuals will be recognised for their contribution to responsible business at the City’s annual prestigious Dragon Awards. Lord Mayor of the City of London, Nicholas Lyons, will present the gongs in October, with the shortlist being unveiled by today. For the first time since the awards launched in 1987, [...]
‘Completely unique’: Roman mausoleum unearthed near Borough Market and London Bridge June 13, 2023 Archaeologists have discovered remains from a “completely unique” Roman mausoleum just a stone’s throw from Borough Market and London Bridge station. At The Liberty of Southwark site, owned by Landsec, experts have uncovered the walls and interior flooring of a mausoleum, a type of Roman funeral monument. In the middle of the floor is a [...]
London Tech Week, Day 2: London on the global stage June 14, 2022 The dust is just about settling after a whirlwind day one of London Tech Week. We saw a range of government announcements, updates on UK tech investment levels and in-depth discussions on diversity in tech. What quickly became obvious on day one, and even more so today on day two, is that London Tech Week [...]
Google backs £9.5m London legal tech firm which ‘combines AI with human lawyers’ April 15, 2024 Google Ventures (GV) has led a seed round worth £9.5m to fund legal tech company Lawhive, along with participation from Episode 1 Ventures.
NFL plans to stay in London long after current Spurs deal, says UK head October 11, 2023 The NFL’s UK chief insists there will be no reduction in the number of games staged in London after the sport’s deal with Tottenham Hotspur expires at the end of the decade. The American Football league has held overseas games in London since 2007 and recently extended a deal to play two of those per [...]
London Stock Exchange executive hits back at Euronext after IPO barbs June 11, 2023 A London Stock Exchange executive has hit back at the chief of the pan-European stock exchange after the Euronext boss claimed that the UK’s markets had lost their lustre on the international stage. Stephane Boujnah, the boss of the seven European exchanges competing with London, had claimed in an interview with The Sunday Times that [...]
FTSE 100: Shares rise in London despite poor performance from supermarkets June 17, 2023 London’s top shares eked out another small gain, helping the FTSE end the week on 7,643 points. The gains were led by some of the UK’s biggest energy companies, which managed to outweigh some of the pressure put on supermarkets stocks, apart from Ocado which soared. By the end of the day, the FTSE 100 [...]
FTSE 100 today: London markets set to reach fresh highs on increased speculation of BOE rate cuts April 23, 2024 Asian markets mirrored Wall Street's positive momentum, while oil prices rebounded and gold hovered near a one-week low. Bitcoin remained steady despite so-called halving. Investors eagerly awaited Global PMI data and Tesla's earnings report for market direction.