Reform London’s capital markets or jeopardise global status, review chief warns July 25, 2022 London is at risk of losing its status as a premier global stock market if it does not act fast to reform rules, the author of a review into London’s capital markets has warned.
Beleaguered Edinburgh Fringe responds to financial struggles of key London festival April 12, 2023 The future of the Edinburgh Fringe festival is hanging in the balance due to rising costs, the Edinburgh Festival Fringe Society’s chief executive Shona McCarthy has said. “It’s not an exaggeration to say that this festival is under existential threat,” said McCarthy, speaking on Barry Fearn’s Leading Conversations podcast. “We’ve come into 2023 with a [...]
FTSE 100: London markets mixed as rate jitters soften Standard Chartered’s boost July 28, 2023 The FTSE 100 had a subdued start to the day as interest rate jitters rippled across the Atlantic and weighed down the boost of Standard Chartered and British Airways owner IAG.
City of London approves new £600m skyscraper with 360 degree roof platform July 25, 2023 The Square Mile will get a shiny new skyscraper by the end of the decade, following planning approval from the City of London Corporation. At 284m, the new skyscraper at 55 Bishopsgate will be one of the tallest buildings in Europe and the third biggest in the City, behind 1 Undershaft scheme (305m) and 22 [...]
London Irish must pay players TODAY or be kicked out of Premiership Rugby May 31, 2023 Top-flight rugby club London Irish have been ordered to pay their players today or face expulsion from the Premiership. The Exiles were granted a 24-hour extension to settle May salaries by the Rugby Football Union amid delays to a possible takeover. The RFU is expected to announce this evening at around 7pm whether London Irish [...]
Sixes cricket owner: Global expansion on cards but we won’t ditch London July 31, 2023 When City foodies hear the names Andy Waugh and Calum Mackinnon it would only be natural to associate them with the now closed Mac & Wild restaurant, which once sat in Devonshire Square near Liverpool Street. But the pair have gone left field; staying in the hospitality sector but offering a product entirely different to [...]
Addison Lee boss: Khan doesn’t want to solve congestion for London drivers July 24, 2023 Sadiq Khan doesn’t want to solve congestion problems for London’s car users, the boss of private hire taxi firm Addison Lee has said. “I just think that definitely the congestion in London should be something we want to solve,” Liam Griffin told City A.M. but “I’m not sure Khan wants to solve it for cars.” [...]
‘Docklands 2.0’: Michael Gove outlines vision for new higher density London July 24, 2023 Michael Gove has outlined the government’s vision to create a “Docklands 2.0” in a key speech on housing policy, calling for higher density urban development. The housing and levelling up secretary cited the “ambitious approach” of Margaret Thatcher and Michael Heseltine and warned housing “inefficiency” is costing Britain’s productivity. It comes as the prime minister [...]
Exclusive: London Irish yet to be handed extension – and must pay players first May 30, 2023 Premiership rugby club London Irish are yet to be handed an extension in order to find a solution to their financial woes, City A.M. understands. Contrary to reports stating that the club have been given a one-week extension to provide proof of funds to the Rugby Football Union in order to remain part of the [...]
D-Day for London Irish as club could miss financial deadline TODAY May 30, 2023 London Irish could today become the third Premiership rugby club within 12 months to cease being able to call themselves one of England’s top flight sides. Amid financial concerns surrounding the club – who share their home with Premier League outfit Brentford – the Rugby Football Union gave the club until today to either prove the [...]