Water firms face London Stock Exchange shorting from Canadian pension giant August 7, 2023 Water companies on the London Stock Exchange are being shorted by one of the world's largest pension schemes, according to the FCA.
A women’s commissioner and ending Khan’s ‘chumocracy’: Here’s what Susan Hall would do if elected Mayor of London March 13, 2024 Tory mayoral candidate Susan Hall has pledge to appoint a women's commissioner and end what she called “chumocracy” at City Hall, if elected.
Sunak strips HS2 bosses of London Euston responsibility: ‘There must be accountability for mistakes made’ October 4, 2023 HS2 Ltd has been stripped of responsibility for Euston station as there “must be some accountability for the mistakes made”, Prime Minister Rishi Sunak said. Rishi Sunak used his speech at the Conservative Party conference to confirm that the high-speed railway will reach the central London station after developing a plan that will generate cost [...]
FTSE 100 close: London rises on Fed official’s comments amid Israel-Gaza uncertainty October 10, 2023 London’s FTSE 100 index soared as markets reacted well to comments by a top official at the Federal Reserve, despite ongoing uncertainty looming due to the war with Israel and Gaza. The capital’s premier bluechip index closed 1.82 per cent higher at 7,628.21, lifted by Ocado, Anglo American and Flutter. Down the most since March, [...]
Apollo commits to London with new office to act as ‘hub’ for European expansion April 17, 2023 Apollo is set to open a new office in London as it seeks to continue its expansion into Europe amid a flurry of dealmaking. In a release put out today, the US private equity fund said it will combine its teams in a 88,000 square foot office at 1 Soho Place. The office – which [...]
Yonder secures £62.5m funding to grow outside of London April 17, 2023 Yonder, a credit card rewards firm geared towards millennials and Gen Z consumers, has secured £62.5 million as part of a funding round to expand its operations outside of London. The challenger credit card company seeks to introduce younger generations to shopping on credit cards by offering a points-based rewards scheme to use at London [...]
Uber boss: ‘London a leader in electrification’ as new net zero measures unfurled June 8, 2023 Uber has today announced a host of new goals and features to hit net zero, including a target for all Uber Eats drivers to use zero emission vehicles by 2040. Under the new features, passengers will be able to track the emissions they have avoided when choosing zero-carbon drives, as the firm looks to expand [...]
London nannies’ pay rises to £43,000 as parents fail to secure nursery places August 3, 2023 London parents are having to pay more for nannies because of a lack of nursery places, according to Nannytax, with salaries on average now at £43,000. The government has been urged by the firm to amend its “nonsensical” approach to childcare payments set out in the spring budget, with demand for nannies skyrocketing as early [...]
Silicon Valley Bank UK set for London Tech Week charm offensive June 11, 2023 Four months ago, the name Silicon Valley Bank may have brought to mind sleepless nights and frantic calls for much of the tech industry - but now the bank is set to headline London Tech Week.
London commuters are our ‘most important’ e-bike users, says Lime boss July 31, 2023 London’s commuters are our “most important” riders, the CEO of the e-bike operator Lime has said. Speaking to City A.M. Wayne Ting, Lime’s chief said that “commuting is the most important use case” for the popular vehicles as demand soars in the capital. Lime has seen a 10 per cent monthly increase in riders in [...]