Ukip’s march Left will create Britain’s first major populist party – and that means big business needs to look beyond the bounds of London July 8, 2016 Nigel Farage might not be every City worker’s favourite person at the moment. But the City might look back on Farage’s time as leader with fondness – because there is a real prospect that Ukip’s leadership election will herald the birth of Britain’s first truly populist party. Ex-commodities broker Farage was at heart a pro-business [...]
Michael Gove promises crackdown on executive pay if he succeeds David Cameron in Conservative leadership race July 3, 2016 Michael Gove has promised to tackle the scandal of the "undeserving rich" and crack down on executive pay as he steps up his campaign in the Conservative leadership race. The justice secretary said he will look at "radical" solutions to stamp out excessive corporate pay in an attack which could raise concerns in City boardrooms. Speaking to [...]
Thinking of starting your own business? These are the industries you should avoid May 24, 2016 The City is full of ex-bankers and brokers leaving their corporate careers to strike it out on their own. Sometimes it's a roaring success, but sometimes things don't go quite so smoothly. For many aspiring entrepreneurs, it doesn't matter how well you run your business. New research from Vonage has revealed the industry you choose can [...]
Revealed: How West Ham owners are free to cash in on Olympic Stadium deal July 31, 2016 West Ham United’s complex deal for the Olympic Stadium, the full details of which are laid bare for the first time today, could make the football club’s wealthy owners even richer than previously thought – at the expense of the taxpayer. As the Hammers prepare to play their first match at the largely public-funded £700m [...]
City Moves for 10 May 2016 | Who’s switching jobs May 10, 2016 Dearman Dearman, the clean cold technology company, announced the appointment of David Sanders as commercial director. David joins Dearman from the Carbon Trust, where he was direction of innovation, working with customers across the UK, Europe and Japan on strategy and innovation in the energy and resource efficiency space. Dearman is developing a suite of [...]
Royal Bank of Canada kicks off the financial sports day season at Queen Elizabeth Olympic Park May 15, 2016 Summer is just around the corner, and London's well-heeled parents are doubtless parking their 4x4s on school athletics pitches ahead of the sports day season. Kicking things off with a bang, the Royal Bank of Canada hosted its very own sports day for the capital's students at Queen Elizabeth Olympic Park on Sunday. The bank's seventh annual [...]
Armistice Day 2015 in pictures: London falls silent to remember war dead in Trafalgar Square, Whitehall, the City of London and Woolwich November 11, 2015 Londoners marked Armistice Day with two minutes' silence throughout the capital this morning, with services taking place in churches and businesses as well as some of the capital's landmarks. Workers from the City of London Corporation and City of London Police gathered in Guildhall Yard to observe the two minutes' silence. #cityoflondon prepares to honour [...]
Week ahead: Banks take centre stage for results and interest rates August 1, 2016 The Bank of England is widely expected to cut interest rates for the first time in seven years this week as it assesses the fallout from the UK’s vote to quit the European Union. The Bank held fire in July in the immediate aftermath of the Brexit vote, catching some analysts off guard. Policy committee members [...]
Brexit could deter international startups from getting settled in the UK June 24, 2016 International startups may now be deterred from incorporating and expanding into the UK market, as fears about trading uncertainty and regulations in post-Brexit Britain take hold. A spokesperson for food-tech startup ChefXChange told City A.M.: "We were in the process of incorporating into the UK due to it having a large tech hub, as the UK [...]
Opinion: A real estate legal specialist explains why using Brexit to get out of a property deal is a very bad idea June 30, 2016 Several days on from the result of the EU Referendum and, inevitably, many are wondering how leaving the EU will affect the London residential property market. First, it’s important to take a step back and look at what was happening before the referendum. The 15 per cent stamp duty and annual taxes for properties worth [...]