Bojo issues snow-go order after banning ministers from Davos December 17, 2019 BORIS Johnson has taken the surprise step of boycotting Davos next year, banning his ministers from attending the annual World Economic Forum jamboree. Buoyed by his thumping new majority in Parliament, the Prime Minister has decided to turn his back on the Swiss resort, which has become the premier networking event on the global calendar for the [...]
Lord Mayor in San Francisco with UK fintech delegation December 11, 2019 London’s Lord Mayor William Russell today begins a three-day visit to San Francisco as new research showed that the UK is the first choice overseas market for fintech-focused North American venture capital firms. A survey by financial data firm Preqin showed that 90 per cent of North American venture capital and private equity fund managers [...]
Chinese property firms in plans to upgrade eastern end of City December 10, 2019 Chinese firms that own swathes of the City are leading a drive to transform the area into a 24/7 leisure destination while maintaining its status as a leading global financial centre. The owners of the skyscrapers known commonly as the Cheesegrater and the Walkie Talkie are working with other landlords in an initiative to create [...]
Exclusive: City of London mulls over historic Lord Mayor selection reform December 9, 2019 The City of London Corporation’s highest body is considering changes to the way it selects the Lord Mayor as part of its efforts to attract a more diverse range of candidates. Guildhall’s ancient Court of Aldermen is comprised of 25 elected members – one from each of the Square Mile’s different wards. It sits alongside the City [...]
Guildhall holds vigil for London Bridge terror attack victims December 2, 2019 Jeremy Corbyn and Boris Johnson stood side by side this morning in solidarity at a vigil for the London Bridge terror attack victims. The Prime Minister and opposition leader were joined by London lord mayor William Russell, mayor of London Sadiq Khan and Metropolitan Police Commissioner Cressida Dick at Guildhall Yard for the service. Read [...]
Introducing the new lord mayor of London November 11, 2019 As the 692nd lord mayor of the City of London, it is an enormous privilege to represent the greatest city in the world. I was delighted to start my term with a spectacular cultural event on Saturday at the Lord Mayor’s Show, which brought together different communities from across the capital and beyond. This showcased [...]
The FCA is proposing a radical change to the UK’s regulation system November 7, 2019 With the recent headline-grabbing noise coming from Westminster, few paid much attention to the key announcements coming out of the Financial Conduct Authority (FCA). Senior figures from the regulator have been giving some of the most significant speeches about the future of financial services in years. But are the right audiences listening to this talk [...]
‘Part of the criticism we face is justified’, says FCA head October 24, 2019 The head of the Financial Conduct Authority (FCA) will say that some criticism of the watchdog is justified in a speech given in the City this evening, and that consumers need to be better warned about the risks related to investment. Speaking at the Lord Mayor’s City Banquet at Mansion House, Andrew Bailey is expected [...]
TfL boss Mike Brown to resign in May October 17, 2019 Transport for London (TfL) boss Mike Brown is set to resign after four years in the post. TfL announced today the transport commissioner will be leaving the job after next year’s mayoral election in May. Read more: Mike Brown hits out at ‘bonkers’ TfL borrowing limits He will then become the first chair for the [...]
Liberal Democrats mayor of London candidate wants to decriminalise cannabis October 14, 2019 City Hall will decriminalise cannabis in the capital under a Liberal Democrats mayor of London. Siobhan Benita, the Liberal Democrats candidate for next May’s mayoral election, said she would decriminalise the drug if elected by creating new guidelines for the Metropolitan Police. Read more: Liberal Democrats mayoral hopeful Siobhan Benita says ‘we can win this’ [...]