London’s FTSE 100 kicks off week strongly amid rebounding risk appetite June 27, 2022 Investors kicked off the week with strong risk appetite, boosting London’s top indexes. The capital’s premier FTSE 100 index climbed 0.89 per cent to 7,272.79 points, while the domestically-focused mid-cap FTSE 250 index, which is more aligned with the health of the UK economy, added 1.23 per cent to reach 19,359.73 points. The bullish start [...]
London tech incorporations jump 94 per cent as capital becomes hotspot April 27, 2022 The number of new tech companies incorporated in London jumped 94 per cent in 2021, with the capital becoming a new hotspot for investment.
London-listed FinnCap snaps up sustainability consultancy in ESG push April 28, 2022 London-listed broker finnCap has snapped up a major stake in sustainability consultancy Energise today as the firm extends its reach into environmental, social and governance (ESG) advisory.
Weekend exclusive: Rich Afghans flee Kabul for London January 30, 2022 Afghanistan is the country with the fastest growing number of high net worth individuals relocating to the UK in the latest tax year. In 2019-20, 180 non-domiciled individuals from Afghanistan moved to the UK, according to new data shared exclusively with City A.M. this weekend. This is up 29 per cent from 140 High Net [...]
London tops global finance hiring league in sign City retains attractiveness after Brexit June 23, 2022 The City’s jobs market has raced ahead of its competitors to top the global hiring league, reveals fresh research published today. London’s banks, brokers, insurers and money managers are looking to more than double their staffing levels, according to a report by recruiter Robert Walters. The hiring drive has been spurred by firms scrambling to [...]
Czinger 21C: 3D-printed hypercar makes red-carpet London debut June 27, 2022 Revealed at the new Concours on Savile Row, the record-breaking Czinger 21C boasts radical in-line seating and a 1,250hp hybrid powertrain.
Shell announces new CFO following London HQ move March 1, 2022 Shell has appointed Sinead Gorman as its new chief financial officer with Jessica Uhl stepping down following the firm's HQ move to London.
Londoners to benefit from cheaper tickets and quicker journeys following Elizabeth line opening May 24, 2022 Londoners are expected to benefit from cheaper tickets and quicker journey following today’s opening of the Elizabeth line. According to the Department for Transport (DfT), journey times from Paddington to Abbey Wood will be cut in half, from 58 to 29 minutes, while tickets prices will go down by a third – from £6.30 to [...]
Londoners flock to use Elizabeth line as TfL registers 65,000 journeys May 24, 2022 Around 65,000 journeys were registered on the central tranche of the Elizabeth line, which opened today after a three and a half years’ wait. Transport for London (TfL) estimates revealed that by 10am 14,000 people had already entered and exited at Paddington, while 9,000 tapped at Canary Wharf and 6,000 at Woolwich. Hundreds of Londoners [...]
Retailers lead the way in London after industrials give up gains March 29, 2022 High street retailers lifted London’s top indexes today despite a sharp drop in oil prices prompting investors to ditch industrial giants. The capital’s premier FTSE 100 index climbed 0.86 per cent to reach 7,537.25 points, while the domestically-focused mid-cap FTSE 250 index surged two per cent to 21,491.97 points. Traders are seemingly upbeat about the [...]