The Lord Mayor is taking too many overseas trips, according to a new City of London Corporation report by Sir Simon Fraser February 18, 2016 The Lord Mayor of London should cut down on the number of overseas trade promotion visits he takes, a new report commissioned by the City of London Corporation has recommended. The report, written by Sir Simon Fraser, a partner at consultancy Flint Global who previously worked at the Foreign Office and Department for Business, is aimed at [...]
EU referendum: More than 30 City figures make final effort to stop City of London Corporation from endorsing the UK staying in the EU March 2, 2016 Dozens of City figures have made an eleventh-hour attempt to stop the City of London Corporation from campaigning for Britain to remain in the European Union. In a letter seen by City A.M., more than 30 Square Mile grandees, including former chancellor Lord Lamont, CMC Markets founder Peter Cruddas and Risk Capital Partners chairman Luke [...]
Intercontinental Exchange, Deutsche Borse and the London Metal Exchange granted last-minute reprieve from Mifid II futures rules January 3, 2018 The largest regulatory shake-up in a generation finally hit markets across Europe yesterday, but got off to a more turbulent start than European authorities expected. The UK’s finanial regulator and its German counterpart began the day by allowing three of the world’s largest exchange groups to delay the implementation of new rules, designed to boost [...]
The Square Mile wants a ban on all diesel minicabs by 2020 January 4, 2017 Leaders in the City are calling on the Mayor of London to ban diesel mincabs in the capital in a bid to reduce pollution. The City of London Corporation wants Sadiq Khan to ban all diesel vehicles used by companies such as Uber and Addison Lee by 2020. New licenses would not be given to [...]
Trust in business bosses jumps as social media become the biggest bogeymen January 22, 2018 Business leaders have enjoyed a surprise turnaround in public trust, according to a prominent survey of Britons’ faith in institutions – although social media companies have become the new bogeyman. The credibility of chief executives has improved by 14 percentage points during the last year, with 42 per cent of more than 3,000 Britons surveyed [...]
Brexit and beginners: Why the City must step up and support the next generation January 16, 2017 The City of London Corporation hosted its annual London Government Dinner last week. Central to the event was the topic of Brexit, in which the London mayor Sadiq Khan was vocal on how devolution would play a critical role in supporting Britain’s capital after Brexit. The lord mayor’s speech covered a different but equally important issue; [...]
The City of London’s policy chair is taking up the chairman role at the firm which runs the UK’s cash machine network February 16, 2017 The firm responsible for running the UK's 70,000-strong cash machine network has appointed the City of London's policy chair as its new chairman. Mark Boleat, who will chair the policy and resources committee at the City of London Corporation until May and is also deputy chairman of think tank TheCityUK, will join Link Scheme as chairman shortly. [...]
London crowned top global city despite Brexit challenges September 27, 2017 London has topped the list on a new index that claims to be the most comprehensive international city ranking yet, with research showing the capital is in the best possible shape to meet the challenges of Brexit. After sifting through dozens of the most robust city indices and benchmarks – 44 in total – researchers [...]
London Stock Exchange: The big end-of-year corporate fight ended with barely a punch thrown December 19, 2017 We were promised the corporate equivalent of a heavyweight encounter in the Ali/Frasier mould: the activist challenger going into the ring to knock the crown off the head of one of the City’s biggest firms. Finally, after months of to-and-fro, briefings and rumours about the London Stock Exchange (LSE), it came down to this: a [...]
Focus On Aldgate: The shiny new towers of E1 are luring City bankers from their traditional west London hangouts January 19, 2018 Whitechapel or Aldgate? Whatever you call this area on the cusp of the City, it’s always been a dividing line between the bankers and proper East Enders. But that line is getting thinner and thinner every day. Skyscrapers now pierce the eastern sky from every angle, and the amount of development undergone in recent years [...]