The implications of the Great Fire live on in the City’s buildings even today September 1, 2016 Three hundred and fifty years ago today, a fire broke out at a bakery on Pudding Lane. The rest, as they say, is history. Starting on a Sunday, the Great Fire raged until the following Wednesday, having ripped through the dense wooden buildings of the time. It destroyed 80 per cent of the City, some [...]
Pressure for pay reform may now be irresistible September 9, 2016 Chris Philp’s timing is impeccable. Theresa May’s fresh vow to reform executive pay had no sooner been uttered this week than her fellow Conservative MP was spraying bullets at company directors, institutional investors and remuneration consultants. A looming autumn crackdown by the government explains why committee room 15 in the House of Commons was packed on [...]
I’ll give London’s businesses the support and freedom they need to thrive January 27, 2016 From tech startups to street markets, black cabs to global banks, London’s businesses are what make our city great. As mayor, I’ll make it my business to deliver for them. Last week I launched my Action Plan for Greater London: more homes, better transport, cleaner air and safer streets. These are issues that matter to [...]
The gloves are off: Sadiq Khan launches latest attack on London mayoral election rival Zac Goldsmith January 7, 2016 The race to replace Boris Johnson as mayor of London is descending into a war of words, as Labour candidate Sadiq Khan launches his sharpest attack yet against Conservative rival Zac Goldsmith. Khan will slam Goldsmith in a speech today at the Resolution Foundation think tank, saying that the Richmond Park MP “doesn’t get how to work with business.” [...]
OneSavings Bank chief executive explains why his business is safe as houses August 24, 2016 Despite worries the referendum would wobble housing demand, the boss of OneSavings Bank has found particular niches of the market to be quite lucrative. In particular, Andy Golding told City A.M. the bank was focusing on the "normal stock" side of the market in London – as opposed to the "high-end, crazy value stuff" – which was "still very [...]
Dangerous Bank of England junction to be car-free by 2016 after cycling accidents November 20, 2015 Bank junction in the City could be closed to cars as soon as next year, the City of London Corporation has revealed, as planners push ahead with plans for a part pedestrianisation of the infamously busy crossroad. Under the proposals, which will be voted on at the end of this month, all cars, taxis and [...]
It’s time to celebrate the human side of the hedge fund industry October 27, 2016 Last year, I found myself in a room full of grown men and women who were moved to tears by an unassuming woman with a powerful message. This brave mother recounted her young son’s battle with cancer and how his nurses and doctors ensured that no Christmas was left uncelebrated for the three years the [...]
How the chancellor can unlock more private capital for infrastructure November 23, 2016 Chancellor Philip Hammond is widely expected to outline a more flexible approach to deficit reduction when he delivers his first Autumn Statement today. Flexibility seems wise, given the scale of uncertainty as the UK prepares to leave the EU. Ministers have identified investment in infrastructure as a means to boost the UK’s competitive standing. In [...]
MPs to question American and European corporates to bolster defences against foreign takeovers August 15, 2016 MPs will quiz bosses of American and European corporates on how the UK can bolster its defence against foreign takeovers. The business select committee will launch an inquiry into Prime Minister Theresa May's industrial strategy and what it could end up meaning for business. The committee is expected to use the summer to draw up the [...]
Why the NBA brand remains a slam dunk for recruiting new basketball fans across the globe October 20, 2016 While you may not have watched a single NBA match on television last season, the brand will likely have still cut through to you through a LeBron James replica jersey, an LA Lakers T-shirt or a Chicago Bulls cap. The fact that the NBA’s collection of distinctive and recognisable team logos look good on clothes has been a [...]