More than 1m people descend on London for first Pride parade since Covid lockdowns July 2, 2022 London hosted its first Pride parade since the beginning of the Covid pandemic on Saturday afternoon, marking its 50th anniversary. Saturday’s parade was the most attended one in the 50-year history of the event, making it the capital’s biggest Pride ever, according to the Mayor of London’s office. The parade started at midday at Hyde [...]
Investment in London offices slows as demand outpaces supply November 25, 2019 Investment in London’s office market is falling despite growing demand from British and overseas investors, as a lack of available stock continues to hamper the sector. Total turnover for office investments in the capital in 2019 is set to drop well below the figure for the previous year, according to new data from Knight Frank, [...]
As Wework’s troubles continue, the company’s competitors are taking advantage March 5, 2024 Troubled Wework is continuing to scale back its offices in London following the filing of bankruptcy in its home market of the US.
Top fund management group launches in London after ‘attack’ from US regulators April 19, 2023 A major US fund management body has announced a push into the UK today as its members come “under attack” in the US and look to capitalise on a more friendly regulatory environment.
London City Airport unveils first female chief as expansion plan ruling looms May 16, 2024 London City Airport has announced that former chief operating officer Alison Fitzgerald will take the top job with immediate effect.
Citigroup hires veteran JP Morgan dealmaker to bolster London team September 14, 2022 Citigroup has hired JP Morgan veteran Barry Weir as the new managing director of its London investment banking team. The veteran dealmaker, known for his expertise in natural resources, will join Citigroup’s London office in September, acco. rding to Bloomberg. Citibank’s poaching efforts come as the New York bank is seeking to bolster its UK [...]
Baker McKenzie ups pay for new lawyers to £110,000 a year July 12, 2022 Baker McKenzie has given newly qualified (NQ) lawyers in its London offices £5,000 pay rises after upping their salaries to £110,000 a year. The Chicago headquartered law firm said its freshly trained lawyers will see their base pay surge to heights of £110,000 plus bonuses. The pay hikes mean Baker McKenzie’s trainees will now see [...]
Weak British pound sees salaries paid out to Akin Gump’s new lawyers surge to £179,000 a year July 11, 2022 Newly qualified (NQ) lawyers at US law firm Akin Gump are set to see their salaries surge to new highs of £179,000 a year, after the firm amended the exchange rate it uses to calculate its London lawyers pay packages to reflect Britain’s weaker pound. The exchange rate switch up will effectively mean NQ lawyers [...]
London’s younger workers lead charge back to the office July 22, 2021 Younger workers in London are more eager to get back to the office compared to their older counterparts, according to new figures published today. Research from Workspace shows 77 per cent of workers aged between 18-34 in the capital are looking forward to coming back to the office, compared to half of staff aged 35 [...]
Angry London rail cleaners take their fight over pay to Churchill’s Fleet Street offices October 25, 2021 Cleaners employed by Churchill who clean trains and stations across London and the Southeast will take their fight over pay to their company headquarters today. The cleaners are employed by Churchill to clean trains and stations for the Thameslink, Southern, Great Northern and Southeastern franchises, which run trains across London and the Southeast of England. [...]