Labour goes into bat for the City of London in future trade deals September 28, 2021 Labour is calling for the government to include more provisions for financial services in the UK’s post-Brexit trade deals, with one shadow cabinet minister praising the “tremendous work” of the City during Covid. Shadow international trade secretary Emily Thornberry said at a fringe event at the Labour conference that the economic crisis would have been [...]
Advertising tech firm Smartly snaps up London-based Ad-Lib for $100m January 6, 2022 View Post Advertising technology giant Smartly has snapped up a London-based Google advertising firm as it looks to broaden its reach beyond social media. Ad-Lib, which provides Google-focused creative advertising services, was acquired by Helsinki-based Smartly for over $100m, the Wall Street Journal reported. Smartly’s technology previously focused on providing paid social media advertising services [...]
London Stock Exchange hit by technical issues, market data not available October 22, 2021 The London Stock Exchange is this morning hit by technical issues. Market data is currently not available on the site. “We are investigating a technical issue on www.londonstockexchange.com. Market data is not displaying as expected,” the company runs in an error message. It stressed that other services across the Group, including London Stock Exchange and [...]
Post-pandemic comeback for RideLondon as cycling festival returns in May with new 100 and 60 mile routes February 18, 2022 The RideLondon cycling festival returns to the capital in 100 days’ time with cyclists of all ages, backgrounds and abilities being encouraged to get on their bikes. The route takes in Epping Forest, Ongar and Chigwell Row while those completing 100 miles will also pass Fyfield, Leaden Roding, Great Dunmow, Felsted and Writtle. The event [...]
Demand for e-commerce space to drive rental growth in London boroughs October 21, 2021 Dark kitchens and grocers could create 12m square foot of last mile logistics space requirements by 2025. Knight Frank has found that there will be an increasing need for spaces for same-day delivery firms, like Amazon, as well as ghost kitchens. A demand for urban logistics units has sharply driven down vacancy rates in urban [...]
MusicMagpie hires new chief finance officer following London float November 16, 2021 Recommerce business musicMagpie recruits Matthew Fowler as new executive director and chief financial officer, following Ian Storey’s promotion to chief operating officer at the time of the IPO of the group.
Credit Suisse beats investment banker in London court as £66m espionage case is thrown out January 26, 2022 A former Credit Suisse banker’s £66m lawsuit was rejected yesterday afternoon as a London court found that the banking giant was under no obligation to protect its former employee from the risk of criminal charges while he was working in Romania. Vadim Benyatov had demanded $89m, or nearly £66m, in lost earnings after a court [...]
Travel stocks lead London markets lower as investors digest Plan B damage December 9, 2021 Travel stocks led London markets lower yesterday as investors took flight from the sector after the UK government launched tougher Covid-19 restrictions this week. The capital’s premier FTSE 100 index dipped 0.22 per cent to close at 7,321.26 points, reversing some of this week’s gains. The mid-cap FTSE 250, which is more aligned to the [...]
City leaders turn to AI bots to fight financial crime April 15, 2024 Half of leaders in the City of London use AI to access financial advice, according to new research.
London markets kick off week in positive style on Shell UK commitment November 15, 2021 London markets kicked off the new week in positive fashion today, boosted by oil mega cap Royal Dutch Shell. The capital’s premier FTSE 100 index gained 0.14 per cent to hit 7,358.35 points, while the mid-cap FTSE 250 advanced 0.25 per cent to 23,625.56 points. The City was buttered up by oil giant Royal Dutch [...]