The City must get behind the European Commission’s sensible financial reforms December 6, 2015 The City played host to speeches by EU commissioner Jonathan Hill and the finance minister of Luxembourg Pierre Gramegna last Tuesday. The subject up for discussion was the Capital Markets Union – an excellent example of where the European Commission is taking a pragmatic approach in linking saving more effectively with growth and helping firms [...]
Warning shot to the City as trader Tom Hayes’ conviction over Libor scandal upheld December 22, 2015 The City was sent a stark warning yesterday that authorities will continue to crack down on financial crime as Court of Appeal judges upheld Tom Hayes’ conviction for Libor rigging. Hayes, who was found guilty on eight charges of conspiracy to defraud and sentenced to 14 years in August for his role in the manipulation [...]
Announcing our Christmas appeal to raise £1m for new Maggie’s centre at St Barts November 2, 2015 With the festive season nearly upon us, City A.M. is delighted to announce that we will be supporting cancer charity Maggie’s during our 2015 Christmas Appeal. The Square Mile has proven to be exceptionally generous during recent campaigns; City Giving Day, an initiative of the Lord Mayor, was a huge success and contributed to the [...]
New homes on sale in London this weekend: riverside apartments from the Royal Docks to Chelsea Island July 8, 2016 Horizons, Canary Wharf From £995,000 Six two bedroom penthouses are on sale atop a 26-storey tower on Yabsley Street, close to Canary Wharf. Designed by RMA architects, they all come with underground car parking and private terraces kitted out with an outdoor kitchen and dining area, “the latest must-have feature in luxury residential living” according [...]
As more and more airlines launch new routes to Iran, this increasingly open country is fast becoming a popular tourist destination September 2, 2016 T he Islamic Republic of Iran is a destination rarely found near the top of travellers’ bucket lists. It is, after all, ruled over by a strict theocracy, one in which police patrol shopping malls to enforce a mandatory dress code, and social media continues to be blocked across the country. Yet in the cities, [...]
Square Mile office lettings at 14-year high November 5, 2014 THE CITY of London had its busiest quarter for office lettings in 14 years this summer, according to figures published yesterday. Just over 2.7m sq ft of office space was transacted in the City during the period, the highest level since the turn of the century, according to BNP Paribas Real Estate. The busy period [...]
Corporates to bond at spooky fetish parties October 29, 2015 Halloween is nearly upon us, and if you still haven’t found a house party to crash, the City has pulled out all the stops (along with some whips and chains) for some swanky celebrations. Top of any Square Mile grandee’s list must surely be the Barbican Halloween Ball taking place in the Guildhall’s crypts on [...]
The best new hotel suites in Europe, from the reopened Ritz, Paris, to the spectacular Westin in Hamburg January 18, 2017 There are certain things one can expect from hotels at the top end of the market: flawless, personalised service; rooms with minibars, rainshowers and designer bath products; a supremely comfortable bed; free wifi and fine-dining. Most of us will have a favourite hotel in the cities we frequent – perhaps it’s The Connaught in London, [...]
The UK’s financial services sector paid more than £66bn in taxes last year – PwC and City of London Corporation December 4, 2015 New figures out today show that the financial services sector contributed more than £66bn in taxes last year, amounting to 11 per cent of total government tax receipts. A new report from the City of London Corporation and PwC, based on a survey of 48 of the Square Mile’s largest firms, reveals that the financial [...]
Lord Mayor’s Show 2015 London parade: This year’s show is set to be the most spectacular in its history November 13, 2015 The Lord Mayor’s Show, which rolls through the City’s streets each year, is loved the world over and regarded as the classic piece of English pageantry in the UK calendar. Since 1215, every newly-elected Lord Mayor has left the Square Mile and travelled to the Royal Courts of Justice in Westminster to swear loyalty to [...]