These are the 10 best co-working spaces in London June 8, 2018 It's no surprise that London offers a vast amount of co-working spaces. Co-working simply involves the shared use of an office or working environment by independent workers. This type of space can be ideal for freelancers, small enterprises and those just starting out. Studies show employees are more ambitious and productive when surrounded by other [...]
EU referendum: City of London Corporation signs off on campaigning for the UK to remain in the EU March 3, 2016 The City of London Corporation has today signed off on supporting Britain remaining in the European Union, rejecting calls from Corporation members and other City leaders to remain neutral in the run-up to the EU referendum on 23 June. According to a statement issued this afternoon, the Corporation's main decision-making body, the Court of Common [...]
Tessian, a tech startup using machine intelligence to transform email security, lands $13m series A from Balderton and Accel June 18, 2018 London-based cybersecurity startup Tessian has today announced the closing of $13m (£9m) in a series A round, led by Balderton Capital and existing investor Accel Partners. Top venture capital firms like Amadeus Capital Partners, Crane, and LocalGlobe among others also participated in the round. A tech startup with its founders’ roots in investment banking, Tessian’s [...]
Krafty move: Unilever shareholders condemn potential relocation from London as a protectionist defence February 25, 2018 Top shareholders in Marmite maker Unilever have hinted that they may object to a possible relocation of the company’s headquarters from London. Directors of the Anglo-Dutch group are expected to vote in the coming weeks on where Unilever should maintain its base, after the company promised last year to simplify its corporate structure in the [...]
Helios Towers pulls £2bn London IPO as it considers merger options March 15, 2018 Helios Towers, an African telecoms tower company, cancelled its plans to float on the London Stock Exchange this morning. Though Helios gave no reasons for pulling the initial public offering (IPO), saying it had received “considerable institutional investor interest”, a source told City A.M. that the business was exploring merger opportunities. Eaton Towers, a similar [...]
Theresa May and the government’s business as usual attitude on the UK economy isn’t good enough and must change May 22, 2018 Uncertainty over Brexit continues to dominate the news agenda, and has contributed to the anaemic growth of the UK economy. The businesses I speak to across the country are concerned – and clear that getting the best possible EU deal is of vital importance. However, these same firms are doubly concerned about inertia in Westminster [...]
Russian markets, the rouble and Oleg Deripaska’s Rusal and En+ Group plunge on US sanctions April 10, 2018 Russian shares and other financial assets took a hammering on global trading floors yesterday as investors reacted to a fresh round of US sanctions targeting some of Russia’s most prominent tycoons. The biggest hit was taken by Russian oligarch Oleg Deripaska’s firms, with aluminium giant Rusal’s Hong Kong-listed share price more than halved, while shares [...]
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 [...]
Will the number of listed law firms double over the next 12 months? March 15, 2018 When previously unfashionable Birmingham law firm Gateley listed on London’s AIM market on 8 June 2015, hundreds of years of legal tradition were undone, as members of the public were able to buy shares in a law firm for the first time. While this was undoubtedly a seminal moment for the English legal market, Gateley’s [...]
Tech friend or foe? Sadiq on why going up against Uber isn’t bad for London’s business March 12, 2018 Sadiq Khan pledged to be the most “business-friendly” mayor to lead London when he was elected almost two years ago. But in September last year, he shocked the business community by backing Transport for London’s (TfL) decision to revoke Uber’s licence. Uber is not known for its good corporate governance, but Khan was criticised for [...]