Speed limit lowered in City as three-week consultation starts January 27, 2014 A CONSULTATION on the City of London’s change to a 20 miles per hour (mph) speed limit begins today, and will run for the next three weeks. Transport for London has also revealed that two routes running from north to south through the City will have 20mph limits trialled. The lower limit will be imposed on [...]
City Moves for 30 October 2014 | Who’s switching jobs October 29, 2014 Rule Financial Tony Sodhi has been appointed managing principal at the specialist business consulting group. He was most recently head of post trade operations at a niche consultancy, and has also held senior roles at KPMG/Atos and FX IT. Barclays Solomon Soquar has been appointed head of global investments and solutions in the bank’s wealth [...]
Budget 2015: Here are George Osborne’s best quotes plus his Budget speech in full March 18, 2015 George Osborne's final Budget during this parliament had few surprises but plenty of great quips, including – to the dismay of bookies everywhere – a quip about Ed Miliband's now-infamous second kitchen. Here's a selection of our favourites from today's big speech. (Source: Getty/City A.M.) (Source: Getty/City A.M) (Source: Getty/City A.M.) [...]
My nine key predictions for the City over the 12 months ahead January 7, 2015 It's with some trepidation that I set out my predictions for the year ahead in corporate Britain, not least because the first of them might appear misguided even by the time you read this. ONE Tesco, which today updates the City on Christmas trading, will be the winner among the food retailing establishment’s “big four” [...]
£106m Quantum IPO puts Zeus Capital over £1bn raised November 27, 2014 Zeus Capital has advised on over £1bn worth of funds raised on Aim this year, after securing £106m for Quantum Pharma’s float next month. Quantum, the County Durham-based firm, is set to become the biggest pharmaceutical and biotech float on Aim this year with a valuation of £125m when its shares begin trading on 11 [...]
Cubicle to co-working space: London startups want to poach City workers September 5, 2014 More than 30 of London’s tech startups are looking to hire City workers away from their corporate cubicles to the world of beanbags and co-working spaces. Startup hiring conference Uncubed is hosting its first event in London, playing matchmaker between talent in traditional corporate jobs and creative technology companies, and urging people to ditch their [...]
The fast food revolutionary: EatFirst co-founder Rahul Parekh talks long hours, calories, mopeds and Mayfair hotels January 11, 2015 If you're after a startup story with a good luck streak, then that of Rahul Parekh, co-founder of EatFirst, might be the one for you. One evening, late last April, Parekh was holed up in a Mayfair hotel. He got chatting to some friends of a friend who, it transpired, worked for Rocket Internet – [...]
Unlocking potential in developing nations December 18, 2014 City Index is working with Opportunity International this Christmas to ensure there’s a bright future for small businesses in Africa. Securing funding for your small business can be difficult in the UK, but it’s a lot harder in the developing world. Opportunity International, a UK-based charity, is trying to change that because it thinks that [...]
Super-SMEs are Britain’s growth dynamo: They deserve our support November 9, 2014 A NEW report from Octopus Investments and the Centre for Economics and Business Research reveals that high growth small businesses (HGSBs) are the driving force behind recent growth in the economy and employment. The High Growth Small Business Report shows that HGSBs – firms with an annual turnover of between £1m and £20m, growing at [...]
London’s tech firms raise record $1bn of venture capital investment October 5, 2014 London tech firms attracted a record $1bn (£626m) of venture capital investment in just the first nine months of 2014. The mammoth figure is more than 10 times what tech groups raised from venture capital firms (VCs) in the whole of 2010. Fundraising in London’s tech sector is currently up over 30 per cent on [...]