Tories urged to ‘champion’ City when arguing for growth September 30, 2024 The City of London Corporation urges the Tory party to prioritise financial services to support economic growth
London judge slams New York law firm Cleary Gottlieb for charging more than £1,100 an hour April 6, 2022 A London judge has slammed US law firm Cleary Gottlieb Steen & Hamilton for charging its clients more than £1,100 an hour. In a short ruling today, Court of Appeals judge Lord Justice Males spoke out against the white shoe law firm, after it charged Korean electronics company LG as much as $1,475.75 (£1,131.75) an [...]
Brexit-proof: London races ahead of all European tech rivals as record 18,500 new startups flock to the capital April 28, 2022 The number of new tech companies incorporated in London jumped 94 per cent last year, it has emerged. A total of 18,549 tech businesses were incorporated in London in 2021, according to an analysis of data held by Companies House, up from 9,572 in 2020. London accounted for the highest number of incorporations in 2021, [...]
This is not just results: London markets boosted by M&S profit hike November 10, 2021 UK retail institution Marks and Spencer boosted London markets during the opening session today as investors poured into the stock after it hiked its profit outlook. The capital’s mid-cap FTSE 250 index, which M&S is listed on, advanced 0.34 per cent to 23,445.61 points. The premier FTSE 100 index was up 0.33 per cent to [...]
London property: First-time buyers make a comeback September 20, 2021 Nearly three in every ten home sales went to first-time buyers last month, the highest proportion in over a year, according to new data from various large estate agents. It marks the highest percentage since June 2020, when 29 per cent sales went to people getting on the property ladder, according to estate agents’ body [...]
Exclusive: The boss of London’s oldest office provider returns from retirement to drive the City’s bounce-back April 4, 2022 As we passed the two-year anniversary of the first lockdown last month, City A.M. sits down with the CEO of London’s oldest office provider, who came out of retirement to drive the business’ post-Covid recovery. Shedding light on how the business and City has suffered, Argyll CEO John Drover reveals to this paper how his [...]
London Stock Exchange shares jump on news it will acquire Quantile for £274m December 6, 2021 Shares in London Stock Exchange Group (LSEG) rose 1.3 per cent this morning, after the bourse said it has agreed to buy Quantile Group, in a bid to strengthen the risk management solutions it offers traders. In a statement released today, the UK’s stock exchange said it would pay as much as £274m for Quantile, [...]
Forbes 30 under 30 data shows London is the best city in the world to be a young entrepreneur January 23, 2022 Using the Forbes 30 Under 30 lists from Europe, North America, Russia, Asia and Africa, London has been named as the best city in the world to be a young entrepreneur. Despite North America being by far the most popular in providing Forbes Under 30 candidates, London is the most popular city for young entrepreneurs [...]
Five London police officers face gross misconduct charges over stop and search of Bianca Williams and Ricardo Dos Santos April 27, 2022 Five Metropolitan Police officers are to face gross misconduct proceedings over the stop and search of athletes Bianca Williams and Ricardo Dos Santos. The couple were stopped in Maida Vale, west London on July 4 2020 while travelling with their baby in a car, and were both handcuffed and searched. The officers will face a [...]
Eugene Amo-Dadzie: ‘Why can’t the world’s fastest accountant be the fastest man ever?’ February 22, 2024 The Londoner is only the fourth Briton to run a sub-10-second 100m.