City job vacancies edge up yet market remains down on 2011 September 5, 2012 THE CITY jobs market surprisingly picked up in August as the Olympic Games failed to dent activity in the Square Mile, a top recruiter said this morning. Yet Morgan McKinley, which published the research, also warned that financial sector employment prospects remain worse than at this time last year. There was a five per cent lift in [...]
LONDON 2012 IMAGE OF THE DAY August 12, 2012 The City of London was buzzing with Olympics spectators yesterday as the Men’s Marathon took in the Square Mile. Here Emmanuel Kipchirchir Mutai of Kenya and Yared Asmerom of Eritrea run through Leadenhall Market. Restaurants such as the Mercer in Threadneedle Street opened specially for the occasion. Throughout the Olympics, City A.M. will be publishing [...]
Bloomberg’s beast of a relay September 19, 2012 If the Olympics has left you itching to bask in your own bit of athletic glory but without putting in the hours, there’s still time to enter Bloomberg’s Square Mile Relay this Thursday. And with 10 miles per ten-man team, you only have to go flat out for a mile in your attempt to win [...]
City jobs bloodbath shows that backlash has gone too far November 5, 2012 IT is time to start worrying about London’s financial and business services industry. The City is in crisis, with job cuts spiralling out of control. As we report on our front page, City-style jobs – investment banking, securities, corporate finance, trading, research, derivatives and forex, fund management (including hedge funds and private equity), insurance and [...]
Life in the City all mapped out for you September 5, 2012 YOU work there everyday, and probably spend more time surrounded by its office buildings than your own four walls, but how much do you really know about the Square Mile? A lunchtime trip to the Walbrook Building on Cannon Street this week might help you find out, as until Saturday it’s home to an exhibition [...]
OLYMPIC MASCOT ARRIVES ON CHEAPSIDE July 17, 2012 Wenlock, one of the Olympic Games mascots, popped up in the Square Mile yesterday. He and his Paralympic colleague Mandeville have been travelling around the UK in the build-up to the Games.
Land Securities plans Moorgate development in new City move August 5, 2012 LAND SECURITIES has eyed a new City development as it nears completion of its flagship projects in the Square Mile. Britain’s biggest listed landlord by market capitalisation is believed to be the front-runner to secure the deed to 21 Moorfields, above Moorgate underground station. Land Securities is looking to expand its portfolio in the City [...]
City bonuses start to recover as job market at nine-month high August 12, 2012 THE CITY’S bonus culture is back on the rise, with three-quarters of financial services staff receiving pay-outs in the last year, according to London job market data released today. Morgan McKinley’s London employment monitor report shows that 70 per cent of City employees received a similar or higher bonus in 2011/12 than the previous year, [...]
Night hike through the City will be a peek through closed doors September 4, 2012 IF you’ve always wanted a nosey around Boris Johnson’s office, then the eighth annual Maggie’s Night Hike might just be the opportunity you’ve been waiting for. The 20-mile route takes in some of London’s most iconic architecture – including City Hall – and offers walkers exclusive access to some of the Square Mile’s most prestigious [...]
City executives party on Isle of Wight at Cowes August 14, 2012 ONCE a year, the City’s social scene decamps to the small town of Cowes on the Isle of Wight for one of the hottest tickets on the sporting calendar, and last night’s City by the Sea party, a central fixture in Aberdeen Asset Management’s Cowes week, was no different, bringing together a host of athletes [...]