There’s much more to the financial services industry than London November 20, 2013 THE FRUITS of Britain’s banking industry stretch well beyond the Square Mile and Canary Wharf. This morning, for example, I will be speaking to members of Manchester’s business community. When it comes to picking impressive banking hubs, you may not think of the northern city that gave us Thomas de Quincey, Emmeline Pankhurst and the [...]
City Matters: The City should be proud to support aspiration regardless of background September 1, 2013 AFTER a long summer, this week students across London are heading off to work and university for the start of a new academic year. Many of these talented young people will have gained invaluable insight by spending part of their break preparing for the world of work through summer placements across a range of industries, [...]
Slowdown for the City as new speed limit rules are approved September 12, 2013 THE CITY of London voted in favour of a 20 mile per hour speed limit in the capital’s financial centre yesterday. The 20’s plenty campaign, which pushes for the slower speed to be adopted, commented: “A quarter of London is now committed to 20mph and other boroughs are watching the City’s decision.” The neighbouring boroughs [...]
Seven towers in seven hours for property firm September 19, 2013 STAFF at real estate brokers Cushman & Wakefield are getting their boots ready for a whole lot of walking today. All 62 members of the firm’s London markets team will be ascending – on foot – seven of the Square Mile’s most iconic skyscrapers. The 5,762 steps needed to climb the stairs of Centre Point, [...]
GDF Suez joins search for shale gas in Britain October 22, 2013 GDF SUEZ has bought into the prospect of fracking in Britain, spending $39m (£24m) on exploring Dart Energy’s licences in the Bowland Basin. The French firm is taking a 25 per cent stake in Dart’s 13 licences, as well as putting money towards drilling costs as the companies look for commercially viable deposits of natural [...]
HSBC bean counter sets sail for around the world yacht race September 2, 2013 THE CITY was unusually busy on Sunday as spectators lined the banks of the Thames to wave goodbye to the yachts competing in the Clipper Round the World Race. And among one of the many embarking on the journey was one of the Square Mile’s very own – HSBC bean counter Lindsay Evans. Evans told The [...]
MH370 search prompts Inmarsat to offer free long-haul flight tracking May 12, 2014 The British company whose satellites helped to narrow the search for the missing flight MH370 has today offered free satellite tracking for every one of the world’s 11,000 long-haul passenger planes. Inmarsat’s announcement comes after the disappearance of the Malaysia Airlines flight on 8 March. The industry is toughening up on aircraft tracking following the [...]
Any Other Business – 30/08 August 29, 2013 City workers are finding themselves lured to work for firms with unusual office perks, such as in-house bowling lanes, bars and slides, according to a survey by City recruitment firm Empiric. The number one attraction for potential employees is a roof terrace, closely followed by dedicated beanbag areas. But are there any flash offices in [...]
Six men arrested in City office in carbon credits boiler room raid September 23, 2013 CITY of London Police said yesterday that its fraud squad detectives had arrested six men after a raid on a suspected boiler room in the Square Mile, which was thought to be mis-selling carbon credits. It is believed that the boiler room had already made around £1m from cold-calling people across the UK, using high-pressurised [...]
Tower 42 owner Kirsh donates £10m to London Business School September 3, 2013 NATHAN Kirsh, the South African owner of the Tower 42 skyscraper, has become the London Business School’s biggest donor after handing it £10m to spend as it chooses. Professor Andrew Likierman, the dean of LBS, said the money was “a real game-changer”, boosting the school’s endowment funds by 40 per cent. “Nurturing future leaders is [...]