City Moves: Who’s switching jobs in the Square Mile this week? January 18, 2022 City A.M.’s Millie Turner provides a roundup of the most important hires and job moves across the City, every morning. Email citymoves@cityam.com to be featured. Knight Frank Real estate giant Knight Frank has posted a new partner to its London office leasing team, who will work closely with the capital’s landlords. Mike Voller, who re-joins the firm after six years, will advise [...]
Exclusive: Legal consultant model to become dominant among mid-market law firms February 25, 2021 The legal consultant business model will become the dominant model among high street and mid-market law firms, with around a third of UK lawyers predicted to be working under such a model in five years’ time. The Covid-19 pandemic has acted as a “catalyst” for industry disruption, exposing the “poor management and outdated operating models [...]
Oil remains well above $90 per barrel amid looming prospect of war in Ukraine February 21, 2022 Oil remains stable with prices hovering near the seven-year highs recorded last week amid continued concerns over supply.
City watchdog launches money laundering probe into Monzo July 30, 2021 The City watchdog is in the early stages of a probe into British digital bank Monzo over possible money laundering activity. Monzo announced the potential probe alongside its annual results today, which showed the challenger bank swung to a £130m loss, up from £114m last year. Read more: City watchdog slashes fundraising threshold to attract [...]
Workplace race discrimination claims surge nearly 50 per cent in one year September 3, 2021 The number of discrimination claims leading to employment tribunals in the UK soared 48 per cent last year, according to the latest figures. The surge in cases in 2020 came amid both the global Black Lives Matter movement and the height of the pandemic which hit ethnic minorities hardest. There were a total of 3,641 [...]
Gas prices soar to £8 per therm as West weighs up sanctions targeting Russian energy supplies March 7, 2022 Natural gas prices in the UK and Europe have rocketed from already-record highs, peaking at a staggering £8 per therm earlier today.
Army of virtual lawyers in UK growing rapidly as pandemic launches new era of hybrid working December 6, 2021 There has been a 38 per cent rise in the number of lawyers at ‘virtual’ law firms in the past year as the pandemic leads to a dramatic shift towards hybrid and flexible working arrangements, There are now 1,875 lawyers working for ‘virtual’ law firms, up from 1,355 a year earlier. This increase is even [...]
City Moves for 21 November – Who’s switching jobs at Gulf Keystone, Sonovate 23 Capital? November 21, 2019 Today’s City Moves includes Gulf Keystone, Sonovate 23 Capital Gulf Keystone Oil and gas exploration firm Gulf Keystone has announced the appointment of Ian Weatherdon as chief financial officer (CFO). Ian has over 25 years’ experience in the international oil and gas industry and joins from Sino Gas and Energy, where he was CFO. Prior [...]
FCA’s new crypto advertising rules met with mixed industry response June 8, 2023 A round-up of industry reaction to the FCA's sweeping new rules surrounding the marketing and promotion of digital assets.
Monzo savings partner pulls products amid money laundering probe – CityAM : CityAM August 14, 2021 OakNorth, a Monzo partner that provides savings products for the challenger bank, has temporarily withdrawn offers for new customers after it emerged that the FCA had launched an investigation into the British digital bank over possible money laundering activity. Fellow challenger bank OakNorth, which is one of the lenders that have provided £1bn worth of [...]