Slavery statues in City of London to be removed January 22, 2021 Statues of two prominent figures in the City of London with links to the Transatlantic slave trade will be removed and re-sited, the City of London Corporation’s Policy and Resources Committee has decided. The committee voted to move statues of William Beckford and Sir John Cass which currently stand in its historic Guildhall headquarters. The [...]
City Corporation unveils action plan to be world’s most innovative, inclusive and sustainable centre April 27, 2021 The Square Mile must adapt to post-pandemic economic and social trends in order to remain a world-leading ecosystem, according to a new report published today by the City of London Corporation. The Square Mile: Future City, produced by the City Corporation’s Recovery Taskforce inpartnership with Oliver Wyman, sets out a vision for the next five [...]
Rishi Sunak renews call for City workers to get back to the office August 2, 2021 Rishi Sunak has renewed calls for young City workers to get back to the office now the government’s work from home order has been dropped. The chancellor recalled how his career as a young investment banker was helped by making relationships in the office with older colleagues. Speaking about a recent visit to Scotland where [...]
City office floorspace surges as developers back the Square Mile’s future March 9, 2021 The City of London Corporation has today (9 March) revealed that, so far this year, it has given planning consent for the equivalent of almost 80% of the total office floorspace it approved for the whole of last year; demonstrating the City office market remains resilient despite new ways of working being adopted throughout the coronavirus pandemic. The City [...]
The City will bounce back: Royal Exchange owners on the future of retail August 17, 2021 Is London over? There are plenty of doom-mongers ready to make that case after the pandemic flipped the world on its head. But for answers, it helps sometimes simply to follow the money. Two new skyscrapers approved recently for the City of London and occupancy increasing at pre-existing buildings like 22 Bishopsgate bode well. And [...]
Clear targets are needed to make the Square Mile a more inclusive workplace November 8, 2021 If you take a walk through the Square Mile’s streets you will see people coming together from a range of backgrounds, and will hear a vast spectrum of accents and languages. This diversity and openness are major assets for the City. They help create a melting pot of different ideas, encouraging innovation and an entrepreneurial [...]
City of London Corporation to borrow for first time in 30 years as costs of projects bite May 13, 2019 The City of London Corporation is to borrow for the first time in 30 years as a number of projects, including a new centre for music, squeezes its finances. The Corporation could borrow around £1bn over the next three years from its city fund, which meets the costs of its local authorities and police force, [...]
The City of London should once again be a 24/7 city packed full of culture October 19, 2021 Seeing the old familiar buzz returning to the streets of the City of London is a welcome sight and one which cannot help but bring a smile to one’s face. The sight of friends and colleagues greeting one another, restaurants and cafes thriving once more and a vibrant cultural scene underlines what we always knew: [...]
Private capital must be focused on building an economy as inclusive as it is sustainable December 13, 2021 The financial sector must rise to the challenge of harnessing private capital for public good. The question of how to do it is a pressing one. A new landmark report by the G7 Impact Taskforce – launched today at the Mansion House – will seek to provide an answer in order to drive investment that [...]
Back in business: Lord Mayor kickstarts Square Mile reopening April 12, 2021 As the City officially reopened this morning, the Lord Mayor embarked on a tour of the businesses that have opened their doors after months behind shutters. While still noticeably quieter than pre-pandemic, it was heartening to see the City return to some kind of normalcy, with the streets busier than they have been for months. [...]