TheCityUK: London at risk of losing global financial status in next five years September 7, 2021 The City of London is at risk of losing its status as a global financial powerhouse within five years, the Square Mile’s most influential lobbying body said today. In a new report, TheCityUK worked with 60 financial services groups to set out international strategy proposals to return the UK’s financial capital to being the “world’s [...]
A solution to Britain’s investment doldrums is right under the noses of politicians October 13, 2023 After weeks of speeches, neither sides of politics have found time to back the financial services sector in the City of London, writes Charles Hall
ULEZ: Dutch lorry firms launch High Court challenge over £6.5m in fines in blow to Sadiq Khan December 27, 2023 Transport for London (TfL) could be forced to pay back millions in ULEZ fines after Dutch lorry firms launched a legal challenge in the High Court.
Venture capital firms circle London tech scale-ups as financial injections hit record £20bn October 21, 2021 A record high of over £6.5bn was invested by venture capital firms in UK scaleups over the summer, taking the total amount to £20bn so far this year, according to new research shared with City A.M. this morning. After two extraordinarily high quarters in 2021, UK scaleups continued to attract funding from across the globe [...]
DS Smith shares soar: Amazon cardboard provider could be one half of biggest City deal in years February 8, 2024 Should it come to pass it would be another major tie-up between London-listed operations, with housebuilders Barratt and Redrow looking to turn two listed firms into one.
Blackstone abandons plans to offload former FCA HQ in latest blow for Canary Wharf February 14, 2024 Private equity firm Blackstone has abandoned plans to sell a 15-storey building in Canary Wharf in the latest signal that confidence in the east London financial district is dwindling.
London loses out: BHP slashes dual nationality – CityAM : CityAM August 17, 2021 The FTSE 100 is set to lose its biggest company as miner BHP ditches its Anglo-Australian dual structure in favour of listing on Sydney’s stock market. The news comes as the blue chip company announced it would exit the petroleum business through a merger with Australia’s Woodside Petroleum, in a deal which will see Woodside [...]
London buses to double passenger capacity from Monday May 13, 2021 Londoners will soon face fewer capacity-related bus frustrations, as from Monday social distancing measures on buses across England will be eased. In London capacity on double decker buses will be doubled to around 60 passengers from Monday. For single decker buses capacity will be increased to 28, up from between 11 and 14 currently, depending [...]
Alastair Campbell’s PR agency holds back bonuses after Qatar’s late payment May 13, 2024 A top London PR agency that counts Alastair Campbell as a senior consultant was forced to delay its staff bonuses after the Qatari government was late paying millions of pounds of fees.
Editorial: Pay CEOs more? What a jolly good idea May 4, 2023 Shareholders and the board should decide whether a CEO is worth their paycheque, but competing with US salaries is vital for the London