UK watchdog fines London insurer JLT Speciality Ltd £7.9m for involvement in bribery scandal June 22, 2022 The UK’s financial watchdog has fined London insurance broker JLT Specialty Ltd (JLTSL) £7.9m over its involvement in a multi-million-dollar bribery scandal. The Financial Conduct Authority (FCA) hit the London broker with a £7.9m fine for failing to prevent financial crime, after an “introducer” working for the firm in Panama paid $3m in bribes to [...]
Could the eastern end of Oxford Street revitalise West End retail? November 5, 2023 A host of new stores at one end of Oxford Street are breathing life into London's oldest shopping street
London named most energy efficient region November 10, 2021 London has the most energy efficient housing in England and Wales, according to the Office for National Statistics. Its newly published report assessed the energy efficiency of housing in England and Wales up until March 2021. The report collected energy efficiency scores from every home with an energy performance certificate (EPCs). It revealed the London [...]
Londoners will receive two free rides on Lime’s e-scooters as part of local election push April 28, 2022 Londoners will be entitled to two free rides on Lime’s e-scooters as part of the company’s push to encourage voting in the UK local elections. By using a promotional code, voters in London, Milton Keynes and Salford could ride for free to and from polling stations. “Lime is proud to be providing voters with a [...]
Former Lord Mayor William Russell elected chair of Barbican Centre Board May 3, 2024 Former Lord Mayor of the City of London William Russell has been elected chair of the City of London Corporation’s Barbican Centre Board.
London backers behind new NFT game sensation December 8, 2021 An NFT game developed by London's Kodoku Studios has launched with the backing of other city-based venture capital firms.
Central London weighs down Wetherspoons’ sales November 10, 2021 Sales across JD Wetherspoons’ pubs in central London have plummeted by 17.4 per cent from last year. Trade has recovered in cities such as Liverpool and Newcastle, which have enjoyed sales increases of 9.1 per cent and 11.1 per cent respectively. However, the capital continues to suffer with City workers only returning to the area [...]
Where’s Boris (bikes)? London loses record number of hire cycles February 4, 2022 London has lost a record number of Boris bikes, data from Transport for London (TfL) reported. Around 1,164 bikes were lost in the nine months ended September 2021, a 24.6 per cent hike on the 934 lost in 2020, the Evening Standard reported. TfL attributes the increasing number of bikes lost – which has grown [...]
Mayor of London puts Cressida Dick ‘on notice’ following Met concerns February 3, 2022 The mayor of London Sadiq Khan has warned the Met Police commissioner she needs an “urgent plan” to address racist and sexist behaviour within the police. Khan said he had put Dame Cressida Dick “on notice”, and told the BBC he had never been “more angry or disgusted”. It comes after a report published on Tuesday [...]
Former Citibank exec named head of City of London police force’s insurance fraud unit April 26, 2022 The City of London police has named a former Citibank exec as the head of its crack unit dedicated to tackling insurance fraud. Detective Chief Inspector Tom Hill, who joined the City of London police more than 15 years ago from his previous role as a project manager at Citibank, is set to lead the [...]