Why the City of London Corporation should not abandon neutrality over Brexit and endorse a vote for Remain March 3, 2016 Today, at 1pm precisely, a quaint and rather gorgeous ceremony will take place in Guildhall. Preceded by a swordbearer and a macebearer, the Lord Mayor of London will sweep majestically into the “Court of Common Council” to preside over the meeting of one of the world’s oldest democratic bodies continuously in existence, the City of [...]
Ryan Bertrand’s secret second career as a fintech entrepreneur – and John Terry is backing his latest venture May 11, 2016 The history of football’s relationship with technology is a chequered one, from the game’s long resistance to implementing goal-line gadgetry to the tale of former Aston Villa striker Darius Vassell taking a power drill to his toenail in the misguided belief that it would relieve pain. Ryan Bertrand hopes to change that perception. When he is [...]
Banking Standards Board (BSB) chairman Dame Colette Bowe says rebuilding the trustworthiness of British banking will be a “long haul” March 8, 2016 Building the trustworthiness of the British banking sector will be a “long haul”, a former regulator has warned, as the Banking Standards Board (BSB) publishes its first annual review. The BSB is an independent body set up last year to improve standards of behaviour in the Square Mile and restore the public’s trust in financial [...]
“I’m the luckiest man in the world” – The brokers bid farewell to Brian Winterflood, stepping down from Winterflood Securities after 60 years of market service April 8, 2016 Brian Winterflood is stepping down from the eponymous brokerage he co-founded, but the soon-to-be octogenarian has no intention of slowing down. The former jobber tells us he's no huge sports fan, so won't be using his free time to attend the races like many City grandees, but Winterflood is a regular fixture on the City's [...]
Bankers say it will take more than a decade for the banking industry to gain the public’s trust – new survey from Chartered Institute for Securities & Investment (CISI) February 24, 2016 British bankers have admitted they have long way to go before people start liking them again. According to a new survey out today from the Chartered Institute for Securities & Investment (CISI), half of British bankers say it will take more than a decade for the banking industry to gain the public's trust. Nearly one-third say [...]
Amazon-mageddon: Prices set to rise online due to lack of warehouse space December 7, 2016 Rock-bottom prices for online products may end if the UK doesn't build a shedload more warehouses. The rapid expansion of online retailers is expected to lead to a shortage of warehouse space, which would push up rents, and ultimately the price of goods. Read more: MPs pay surprise visit to Sports Direct's Shirebrook warehouse It is [...]
As summer party season heats up, we asked legendary gatecrasher Karl Power how to get into the City’s finest parties April 21, 2016 It's that time of year again – champagne cocktails, awkward smalltalk and roof terraces that are slightly too cold for comfort: it's summer party season in the Square Mile. The Capitalist was warmly invited to a certain City brokerage's late Christmas party this week, but reporting on the event has been banned by the firm's [...]
All the ingredients for growth: D&D London’s Des Gunewardena explains how the restaurant group is building a platform for long-term expansion July 11, 2016 Why has the City become such a vibrant restaurant destination? It’s two things, says Des Gunewardena, chairman and chief executive of D&D London, owner of such Square Mile stalwarts as Coq D’Argent, South Place Hotel, the Paternoster Chop House, and Madison. “A lot of people have started living in East London rather than West and [...]
Terror in the heart of Europe: British security services on high alert after double attacks in Brussels March 22, 2016 British security services are on high alert after Brussels was hit by what are thought to be double suicide attacks, leaving at least 31 people dead. Police believe at least 11 people were killed in two explosions at Zaventem Airport. A further 80 people are thought to have been wounded in the blast. Belgian media reported that [...]
London cabbies not ’app-y over Uber’s offer of commission-free bookings February 11, 2016 London's black cabs have rebuffed private car hire app Uber’s offer of 12 months of commission-free bookings, with only the odd one or two hackney carriages available for hire via the app in the City over the past two days. Attempts by City A.M. to book a black cab through the app were fruitless with hours [...]