London trial: Ukraine’s bank accuses former owners of ‘fraud on epic scale’ and money laundering June 12, 2023 Ukraine’s biggest bank has accused two former owners of “fraud on an epic scale” covered up by “money laundering on a vast scale” at a High Court trial in London. JSC Commercial Bank Privatbank says former owners Igor Kolomoisky and Gennadiy Bogolyubov misappropriated more than £1.5 billion (nearly two billion US dollars). A judge began [...]
FTSE 100 close: Shock US debt downgrade sparks market sell-off in London and Europe August 2, 2023 London’s FTSE 100 plummeted during opening exchanges today after a top credit ratings agency slashed their outlook on the US’s finances. The capital’s premier index slumped 1.36 per cent to 7,561.64 points, while the domestically-focused mid-cap FTSE 250 index, which is a better reflection of the health of the UK economy, fell 1.33 per cent [...]
London Marathon: Where are spectators being to told AVOID due to Extinction Rebellion disruption? April 19, 2023 Spectators have been urged to avoid a famous part of the London Marathon route on Sunday amid a planned protest, as a minister said Extinction Rebellion “must be stopped”. The climate group’s scheduled four-day protest in central London from Friday to Monday could see some 30,000 of its supporters in the Westminster area for the [...]
FTSE 100 live: London index gets the Monday blues on China GDP March 6, 2023 The FTSE 100 was dragged to a lower close after China set a five per cent GDP growth estimate for the year compared to its 5.5 per cent target, London’s blue chip index was down 17.32 points at 7,929.79. This lower-than-expected target hit metals prices with declines in the price of copper and iron ore, which [...]
Everything to know about BFI Flare, as queer film festival returns to London March 11, 2023 BFI Flare, the UK’s largest queer film festival returns this 15-26 March, where hundreds of new LGBTQ films will be screened, both feature films and shorts, alongside a programme of events. The BFI Player will also host a selection of films that are free to watch from home, but all in-person events, including post-film Q+A [...]
Inside the fight to save London’s grassroots music scene and keep cultural institutions April 21, 2023 Until landowners recognise the value in keeping cultural projects alive, regeneration projects will leave them by the wayside, writes Mark Davyd
Strong and certain regulatory regimes are the backbone of investment in London October 24, 2022 If you have seen the movie “Wolf of Wall Street”, you will remember when the main character starts selling stocks in “Aerotyne International”: he claims it to be a cutting-edge high-tech firm, but in reality it is a workshop in a garden shed.
Stop pitting home ownership against the rental market, we need both for Londoners April 20, 2023 Slashing private landlord investment in the London rental market was a bad idea, and now we don't have enough properties to rent while people queue for viewings and prices skyrocket, writes Theresa Wallace
New London hotel: 1 Hotel Mayfair’s new Tom Sellers restaurant is Michelin star worthy August 3, 2023 Inside the 1 Hotel Mayfair, where Tom Sellers, the chef behind twice-Michelin-starred Restaurant Story, has opened his newest eatery. The hotel is one of the openings of the year, and focuses on sustainability in its design and ethos. Does the theme work or feel like a lecture? Adam Bloodworth checks in At the newly-opened 1 [...]
Amicorp’s fund services arm will float in London and eyes £100m valuation in boost to the City June 5, 2023 Amicorp’s fund services arm will float on the London Stock Exchange this week with plans to raise $6.47m (£5.21m) in new ordinary shares and scale up its IT operations. The Hong Kong-based global management services group said the official price of the IPO will be revealed following a book building process – with the group [...]