Former Euromoney Global Capital worker takes on singing odyssey October 7, 2015 There's a bit of a trend developing for breaking loose from finance to try to make it as an opera singer. First, former finance director at EY Michael Bracegirdle leapt on to the classical music scene when he played the role of villain Don Jose in a production of Carmen back in August. Now a former [...]
George Osborne: The EU needs the City of London to be successful in business September 9, 2015 The success of the Square Mile is of paramount interest to the European Union and the Eurozone, chancellor George Osborne told peers yesterday. “The health of the City is an EU and Eurozone interest,” Osborne told the Lords Economic Affairs Committee. But responding to a question from Lord Kerr of Kinlochard, Osborne also [...]
UK Oil & Gas share price jumps as new report shows “significant” oil volumes in Horse Hill June 18, 2015 Horse Hill – the so-called "Gatwick Gusher" – could have as many as 9.25bn barrels of oil sitting underneath it, a report has suggested. Shares in UK Oil & Gas (UKOG), the oil explorer whose share price has yoyoed in response to speculation over the site, near Gatwick, opened 14 per cent higher today, after [...]
Treasury’s U-turn plugs brain drain fears: City bosses welcome “reverse burden of proof” retreat October 16, 2015 City bosses have welcomed the Treasury’s U-turn on controversial plans for a so-called “reverse burden of proof” for senior bankers, saying that the reversal will help the Square Mile retain and attract top talent. A leading City head-hunter told City A.M. that the Treasury’s initial proposals, which would have required bankers to prove they were unaware [...]
City Three Peaks challenge: Bosses getting high in September abseiling challenges September 7, 2015 Abseiling is the sport of the moment in the Square Mile, it seems – with 40 bosses and chiefs attempting to conquer London's skyline today as part of the City Three Peaks challenge. A select group of daredevil directors and bosses from SVG Capital, insurers Amlin and Lloyds secured the chance to abseil down the entire [...]
Booming London office demand drives vacancy rates to 15-year low October 28, 2015 London office vacancy rates dropped to a 15-year low during the third quarter of the year, new research shows, as increasing competition made space in the capital increasingly difficult to come by. As the economic recovery gathers pace, demand for office space has surged, thanks to businesses feeling more confident about their future prospects. Fears rents will [...]
London Living Wage: The best and worst boroughs for paying living wages October 12, 2015 Fewer jobs in London pay above the Living Wage than five years ago, but jobs in the capital are more likely to pay the wage than those outside. Between 2008 and 2010, jobs paying less than the £8.80 living wage in London accounted for 13 per cent of all jobs in the city. By 2014, [...]
Cyprus Chill: how to really kick back in this undiscovered corner of the Med July 8, 2016 ‘Most of what you see has been untouched for the last 40 years because of our political situation,” says my guide Yusuf, gesturing to the ruins behind him.“The embargo imposed on us by the international community after the country divided in 1974 has meant that we have been unable to excavate any of this site.” [...]
Labour to City: We’re just not that into you October 15, 2015 This newspaper is not naturally sympathetic to Labour’s new policy direction. Plans for nationalisations, higher taxes and faith in a magical money tree have not gone down well in our editorial conferences. We have, however, kept an open mind. Maybe, just maybe, wiser heads were at work among the chaos of the opposition’s early days. [...]
Meet Tom Vernon, the former Manchester United scout and founder of Africa’s top football academy out to turn the sport on its head December 21, 2016 There is something extraordinary about the union between FC Nordsjaelland, an unremarkable Danish first division football club to the north-west of Copenhagen, and the Right To Dream academy in Ghana. It is not just because the club, from the modest 19,000-person town of Farum, is some 5,000 miles away from Right To Dream’s football-oriented residential [...]