Vault Festival, London’s take on Edinburgh Fringe, desperately needs our help February 20, 2023 Just under Waterloo Station, you'll find a venue which for eight weeks every year creates a fertile ground of comedy, cabaret and the dramatic arts. The Vault Festival has brought us comic relief, but now it's being turfed out of its unique venue and needs Londoners to save it, writes Adam Bloodworth.
Sunak’s move to sweet talk Arm into London listing cheered by tech chief January 9, 2023 Rishi Sunak’s move to restart efforts to woo Arm into a London listing have been cheered by a top tech chief today, who said winning the chipmaker’s listing would be “significant vote of confidence in the UK market”. Sunak reportedly met with Arm’s chief Rene Haas last month in a bid to secure London a [...]
900 City of London Corporation staff to strike this month – with Tower Bridge, Barbican and Old Bailey impacted May 18, 2023 Workers at tourist attractions across London are to strike in a dispute over pay. The GMB union said 900 of its members employed by the City of London Corporation will walk out on May 25 at attractions including Tower Bridge, Barbican, museums, gardens, parks and markets after voting overwhelmingly in favour of industrial action. The [...]
FTSE 100 close: London index nips higher as Bank of England rate hike bets step up July 11, 2023 London’s FTSE 100 crept higher today as another set of hotter than feared wage numbers pushed pound sterling to its highest level in 15 months. The capital’s premier index nipped 0.12 per cent higher to 7,282.51 points, while the domestically-focused mid-cap FTSE 250 index, which is more aligned with the health of the UK economy, [...]
FTSE 100 today: London stocks brace for muted trading amid risk-averse sentiment; all eyes on US jobs data for guidance April 5, 2024 Wall Street's sharp decline led to a ripple effect, with Asian stocks following suit. Meanwhile, oil prices surged amid escalating Middle East tensions, while gold pulled back. All eyes now turn to the US jobs report and U.K. housing prices for further market direction.
Demand for London offices unphased by remote work and downward economic trends November 28, 2022 Demand for office space in central London has held firm despite the ongoing work-from-home trend and economic downturn risking upending the capital’s market. Uptake of central London offices surged 63 per cent in the first nine months of this year, in comparison with 2021, according to data shared exclusively with City A.M. today by BNP [...]
Now you can Tweet again from the tube as Vodafone reintroduces wifi on the London Underground April 3, 2023 London commuters on Vodafone will be able to stay online for longer, as the network announces wifi it has been reintroduced to the Underground system. Vodafone’s 4G and 5G networks will once more be available on London Underground connected to the BAI Communications service platform, in response to a rise in demand for connectivity, according [...]
Check mate as World Chess valued at £41.7m on London Stock Exchange debut April 6, 2023 World Chess has landed on the London Stock Exchange in a move that has priced the gaming and promotion company at £41.7m. The freshly-listed firm, which organises chess championships in both the US and UK, reaffirmed its strong cash position as it made its debut in the market revealing that half year revenue in 2022 [...]
London fintech Clearbank triples revenues to £58m as firms flee to BOE-backed safety April 4, 2023 London fintech Clearbank has revealed its revenues tripled to £58m last year as financial firms rushed to the firm amid market turmoil and sharp rate hikes.
Comparethemarket owner backs London ‘insurtech’ Superscript in £45m funding round January 9, 2023 London-based insurance fintech Superscript announced it had bagged a £45m funding round led by the owner of Comparethemarket.com today, in a boost to the UK’s burgeoning ‘insurtech’ sector after a flurry of investment in the past two years.