London retains financial services crown: City extends lead over New York, Hong Kong and Singapore in international ranking by Z/Yen September 11, 2017 London has maintained its position as the world’s number one global financial centre, according to a major international study out today, extending its lead over rivals New York, Hong Kong and Singapore. However, City chiefs have warned that London’s supremacy will come under threat if the government does not secure the right kind of Brexit [...]
UK startup BenevolentAI is embarking on major expansion in the US, opening a New York office August 9, 2017 One of the UK’s most promising artificial intelligence startups is expanding its business into the US as part of ambitious expansion plans. BenevolentAI, whose technology helped researchers find a drug treatment which could delay the onset of motor neuron disease, is opening a new office in New York and has hired a former Google scientist [...]
Sam Torrance: Alexander Levy, GolfSixes and the new format of the Zurich Classic show the appeal of Ryder Cup and team events May 1, 2017 The French are an emotional bunch and it was wonderful to see Alexander Levy so happy at winning the China Open for a second time in four years on Sunday. Levy, who beat South African Dylan Frittelli in a play-off, has already accumulated four European Tour titles at the age of 26, which is excellent. [...]
Small businesses owed over £40bn in late payments, as Labour leader Jeremy Corbyn slams larger firms for not playing fair April 11, 2017 More than half (52 per cent) of Britain’s smallest businesses are owed £44.6bn in late payments between them, research out today warns, just as Jeremy Corbyn has vowed to declare “war” on larger firms who make late payments to their suppliers. The survey by Zurich of more than 1,000 small-and-medium sized business owners discovered more [...]
Ranked: Average rent prices of the world’s top financial cities spanning London to Hong Kong to Frankfurt March 18, 2017 The capital's renters who work in the City may not be getting a raw deal when it comes to rent – at least not when London’s stacked up against the globe’s other top financial cities. London is the leading financial hub based on the latest rankings in the Global Financial Centres Index by the Z/Yen Group. That considers elements [...]
From Singapore to London: Here are the cities with the best infrastructure in the world March 18, 2017 It's official: London's not quite at the top when it comes to cities with the best infrastructure. In fact, it's not in the top three globally. First place goes to Singapore, followed by Frankfurt and Munich in joint second, Copenhagen in fourth and Dusseldorf in fifth. The capital does though, rank fairly highly, coming joint sixth with [...]
Ranked: The world’s 20 best airports (spoiler – Heathrow has swooped lower) March 15, 2017 Heathrow airport has been named the world's top airport for shopping by Skytrax’s World Airport Awards for the fifth year in a row – but has fallen in the overall ranking. Heathrow fell from eighth place in 2016 to ninth in this year's overall ranking, although it was also voted the best airport in Western Europe [...]
London ranks 40th in the world for quality of living, but Brexit could threaten that in the future March 14, 2017 London ranked 40th in Mercer's latest quality of living survey while nabbing sixth place in a new measure for city infrastructure, but the global consulting firm warned Brexit could impact the capital's future ranking. Mercer surveyed 450 cities around the world based on 38 different factors, including the political and economic environment, public services and healthcare. As the top-ranked UK city in both measures, [...]
Where to put your money? These are the most popular fund platforms for investors in the UK March 10, 2017 Investor confidence bounced up towards the end of 2016, new figures out today show, but failed to make up for a year “overshadowed by political uncertainty”. Annual platform net sales were down 16 per cent over the year as a whole, from £45bn in 2015 to £38bn in 2016. This included £10.5bn in the last [...]
City Moves for 10 March 2017 – who’s switching jobs at Instavolt, the PRCA, Bovill and Travel Counsellors March 10, 2017 Today's City Moves cover electric vehicles, public relations, financial services and the travel sector. Take a look at these movers and shakers: Instavolt Electric vehicle charging specialist Instavolt has strengthened its senior team by appointing Adrian Keen as chief financial officer (CFO). A qualified chartered accountant, Adrian joins Instavolt with a wealth of experience in [...]