Citi removes EU-imposed bonus cap for top London bankers August 14, 2024 Citigroup has become the latest Wall Street bank to scrap an EU-imposed bonus cap, paving the way for it to award bigger payouts to some of its top London staff.
Blank Street: How the New York coffee chain plans to take over London October 31, 2023 City A.M. sits down with the UK managing director of Blank Street to hear how it plans to dominate London'scoffee market.
All Lloyd’s of London staff at home today as army of 60 climate activists descend on insurer’s iconic City office April 12, 2022 Lloyd’s of London asked all its employees not to come to its offices in the City this morning, the company told City A.M. Extinction Rebellion have blocked entrances and remain on the roof of the Lloyd’s Building to demand the financial giant stops insuring coal, oil, gas and tar sands that are “fuelling the climate [...]
Why London’s labour market is ‘stuck in a rut’ despite a brighter UK economy July 30, 2024 London’s labour market is stuck at a “standstill” as firms hold back expansion plans despite signs the economy is picking up pace, a new survey has shown.
Young City professionals ditch WFH as productivity thrives in the office December 11, 2023 London's young professionals have said they are more productive when working in the office, according to a new survey.
ULEZ: Watchdog scolds TfL and London mayor Sadiq Khan over misleading ads February 7, 2024 Transport for London (TfL) and the Mayor of London have received a scolding from the UK's advertising watchdog for misleading radio ads surrounding the ULEZ expansion.
US hedgie Citadel makes big bet on London with space in another new skyscraper April 18, 2024 Three-quarters of a million square feet of workspace will be available for returning City workers with the deal, as a pre-let agreement has secured at least a third of the space already.
London law firm opens new office in Cayman Islands as firm believes tax haven is central to ‘new economy’ April 9, 2022 London law firm Chancery Advisors has opened a new office in the Cayman Islands, describing the location as “critical to the new economy.” The City of London law firm said that opening new offices in what has historically been known as a tax haven will help it facilitate offshore hedge funds and activist investors in [...]
Landsec pins hopes on market improvement next year as City office values decline November 14, 2023 Landsec has said it expects investment activity in the property sector to pick up next year, although transaction volumes currently remain "thin."
London partners paid 25 per cent more at US law firms, new data shows January 16, 2023 The top US law firms are now paying their London partners significantly more than their British rivals, in another sign of American dominance in the UK legal sector. Partners in the London offices of the top 15 US law firms took away 25 per cent higher payouts than their counterparts in the UK’s top 15 [...]