Cloud nine: IBM announces major UK expansion, following Facebook and Google commitments November 22, 2016 IBM has joined fellow US tech giants Facebook and Google in announcing a major multi-million dollar investment into the UK. The company is today announcing plans for four new cloud data centres – where corporate and consumer information is stored remotely – in the UK “to keep pace with growing client demand”. The commitment marks IBM [...]
Ceiling of City jewellers collapses on customer December 22, 2015 A man has been hospitalised after the ceiling of a City jewellers collapsed during lunch hour. Emergency services including London Ambulance, City of London Police and the London Fire Brigade were called to the incident, which happened at Wintons jewellers, 69 Moorgate, at around 1:30pm this afternoon. A police spokeswoman told City A.M. the man had sustained [...]
We can renew London once again post-Brexit – if we channel the can-do spirit of our ancestors in facing up to our housing and infrastructure challenges October 31, 2016 London has always risen again. This is the 350th anniversary of its greatest resurrection. Our ancestors in 1666 reacted to the Great Fire with a speed and coordination that defies belief. They tax-incentivised developers, ran the first national charitable appeal, invented modern fire insurance, and worked day and night for free. Compared with the Great Fire, [...]
Mayoral elections 2016: Will Sadiq Khan be Jeremy Corbyn’s man inside City Hall? January 28, 2016 An election campaign is as much a battle to define one’s opponent as it is to define oneself. This is particularly true of a campaign that boils down to a straight choice between two candidates. The London mayoral election presents a perfect case study of this struggle, as Labour’s Sadiq Khan and the Tory Zac Goldsmith [...]
More could be done to comfort businesses, Brexit experts tell MPs November 23, 2016 Business could be offered more reassurance on their post-Brexit status than they have been, Brexit experts have told MPs today. Speaking to the Exiting the European Union Committee, a trio of think tank representatives noted that, although political and corporate concerns in the run to the Brexit negotiations were very different, more could be done to put businesses' minds [...]
Business travelers fork out more to stay near the City, study shows October 4, 2016 Business travelers were still prepared to pay more to stay near Canary Wharf and the Square Mile despite increased uncertainty ahead of the EU referendum. A bi-annual report by HRG — the global travel company — showed that average room rates for business travelers leapt in the Docklands and the City by 6.9 per cent [...]
Leavers and Remainers launch group to untangle Brexit’s mixed messages October 19, 2016 A new group uniting Bremainers and Brexiteers to create clear, neutral, evidence-based research on the issues stemming from the Referendum result launches today. The Financial Services Negotiation Forum, or FSNForum for short, has already earmarked equivalence, euro-clearing, access to talent and market liquidity as research priorities. Anthony Belchambers, chairman of the honorary advisory council of the FSNForum, told City [...]
London startup Lystable lands another Paypal mafia investor September 29, 2016 London startup Lystable, fresh from raising millions from Paypal founder Peter Thiel's venture firm, has raised new cash from another member of the so-called Paypal mafia. Max Levchin's HVF, a data focused lab which is also the umbrella for two of his companies, has jumped on board adding to the $11m series A funding first revealed in [...]
A new Centre for Music would be a fantastic addition to the City’s strong cultural offering December 20, 2015 What makes a global city an attractive place in which to work and live? A buoyant economy, quick transport links, good housing, low crime rates, excellent education, and easy access to healthcare are always cited as key factors. But to that we should also add the cultural offer, and last week London upped its game [...]
Editor’s Notes: Snapchat woos London investors, Venezuela’s vice president reaches a new low and Channel 4’s Jon Snow needs to get a grip February 24, 2017 Are you a Snapchatter? Do you even know what I’m talking about? Snapchat is a social media app that allows users to send images and videos to each other, often augmented by the addition of creative filters or effects. It’s also increasingly used as a platform for viewing and sharing news content. You may not [...]