Dame Colette Bowe on her plans for the Banking Standards Board December 7, 2015 Sitting in a small office around the corner from the Bank of England, former Ofcom chair Dame Colette Bowe says that her new job barely resembles her earlier days as a regulator. “We’re very different from being a regulator,” Bowe tells City A.M. “Regulators have statutory duties, as well as statutory powers. Regulators can say: [...]
Where to drink in the City: The changing face of Square Mile nightlife September 17, 2014 The City of London: engine-room for the country’s economy, working place of some of the most powerful decision-makers in the Western world. But the Square Mile is strangely anachronistic in terms of its watering holes. If you fancy a drink after work, the choice has tended to be between good old spit and sawdust boozers [...]
Can you Adam and Eve it? Cockneys gather in the City for a right old-fashioned knees-up September 27, 2015 It's Harvest Festival season, and to celebrate the City traded sharp suits and brogues for pearls and pinnies as cockneys dominated the financial district on the weekend. Glistening pearls, donkeys, shire horses and music hall favourites – the Pearly King and Queen Harvest Festival had it all. Pearly Kings and Queens joined Aldermen and [...]
It’s in London’s self-interest to support faster growth across the UK’s regions September 27, 2015 The Northern Powerhouse continues to garner much media attention, but we cannot ignore other areas of the country, and in reality we should be calling it the “Regional Powerhouse”. Just over a week ago, we saw the official opening of the newly-revamped train station at New Street in Birmingham. The five year project, costing £750m, [...]
These are the 10 firms people most want to work for when they leave the City August 28, 2015 Where do most City employees want to work when they leave the Square Mile? According to a new report by Escape the City, a recruitment service for those looking to change career path, there are 10 firms they really have their eyes on. Read more: Escaping the City: Thousands of people are starting to leave [...]
London Marathon 2016: What time it starts, where to watch, what the weather forecast is and the best pubs along the route April 18, 2016 Carb-loading, hamstring-stretching and thanking your lucky stars that you can actually have a lie in from next weekend onwards? Welcome to the London Marathon…. This weekend the capital will be over-taken by more than 35,000 runners (and more than a few walkers) looking to finish the 26.2m course. If you haven’t been sleeping, eating and [...]
Behold: the City finally has a mixologists’ bar September 22, 2015 I hate to be the one to break it to you, but the Square Mile isn’t a great place for cocktails. Sure, you can now get them in most bars (and even some pubs), but most aren’t worth the lemon they’re garnished with. I think it’s a supply and demand thing. Perhaps understandably, the City [...]
Gatwick gusher study sends UKOG shares up June 5, 2015 SHARES in UK Oil and Gas (UKOG) Investments rocketed by as much as 52 per cent in trading yesterday after it published a new report on the amount of oil located at Horse Hill near Gatwick. Shares in the Aim-listed oil exploration firm were suspended on Thursday pending the announcement. The new report estimates overall [...]
Tories put City at centre of EU talks: George Osborne vows to take on damaging and misguided regulations September 6, 2015 The government will put the City’s interests at the forefront of its bid to renegotiate Britain’s relationship with the European Union, chancellor George Osborne said today. Writing exclusively for City A.M., the chancellor warns that red tape from Brussels poses a major danger to London’s status as a global financial hub. While Osborne [...]
Former finance director Michael Bracegirdle quits City to follow opera dream August 12, 2015 Let's face it – while many of us may plan on switching careers for a dream job in sport, art, or music, few have the guts to give up the security of that monthly pay cheque. But former EY chartered accountant and financial director Michael Bracegirdle can be an example to us all, as [...]