Vistry to cut 200 jobs amid affordable housing shake-up October 23, 2023 Housebuilder Vistry said it will cut 200 jobs and make £40m less profit than expected as part of its shift into being a solely affordable housebuilder. Last month the London-listed firm it would focus solely on building affordable homes via its partnerships business after a volatile housing market eroded demand for building in the private [...]
IMPACT AM AWARDS 2023 SPONSORS November 30, 2023 ESG INDUSTRY LEADER OF THE YEAR SPONSOR: Aon plc (NYSE: AON) exists to shape decisions for the better — to protect and enrich the lives of people around the world. Our colleagues provide our clients in over 120 countries with advice and solutions that give them the clarity and confidence to make better decisions to [...]
Bank chiefs reportedly slam Labour for excluding mid-sized lenders from financial services review December 12, 2023 A group of mid-sized and specialist banks have reportedly urged shadow City minister Tulip Siddiq to include them in the Labour Party’s financial services policy review.
No, climate action will not damage business interests June 26, 2024 Green and economic growth come hand in hand, say Sophie Miremadi and Alex O’dell
Tulip Siddiq: Labour will bolster the international standing of the City July 16, 2024 Welcoming the Financial Conduct Authority’s “once-in-a-generation reforms” to the listings rulebook, announced last week, Siddiq said she will build on those changes.
Facebook owner Meta shells out £149m to break London Regent’s Place lease September 26, 2023 Facebook owner Meta Platforms surrendered one of its two buildings at Regent’s Place, paying £149m at the end of September to break the lease. Property developer British Land revealed that the end of the lease will result in post interest savings of 0.6 pence for the half year. The £149m fee was first reported by [...]
Old Vic Theatre: £20m needed to keep historic London venue running ‘a challenge’ June 12, 2024 The Old Vic Theatre said it faces a challenge to raise the more than £20m needed to keep its historic Waterloo home in working order, as it battles to create a financial model robust enough - despite the success of its record breaking musical Groundhog Day.
Public investment in Canary Wharf is a vote of confidence in British business March 10, 2024 British life sciences are a beacon of hope with the power to transform lives, but to realise their full potential, the public and private sectors must work together, says minister of state Andrew Griffith The UK’s life sciences sector is a true British success story. For millions of people across the country who are facing [...]
Moorgate moves: Why a Malaysian property fund is betting big on Deutsche’s London HQ March 28, 2023 A MALAYSIAN property fund has teamed up with London-based Castleforge to buy Deutsche Bank’s current London base in Moorgate for just over a quarter of a billion – in what amounts to a big bet on London’s commercial property market and the ‘flight to quality’ in office space. Castleforge and its Malaysian partner Gamuda plan to refurbish [...]
Square Mile and Me: Pi Labs founder Faisal Butt on succeeding in the world of venture capital January 18, 2024 Each week we ask a City figure to take a trip down memory lane. Today, Faisal Butt, founder of Pi Labs takes a look back at his career.