How the accounting watchdog is looking to unleash the City November 11, 2024 As Richard Moriarty gripped the sides of a podium and spoke freely from a sheet of bullet points at the London Stock Exchange in September, a warmth was stirring among certain City executives in the room. The tie-less career regulator, boss of the audit watchdog, the Financial Reporting Council, laid out his plans to shake [...]
Lessons from the Gulf: The UK must listen to business November 11, 2024 The UK may feel worlds apart from the Gulf monarchies, but there are lessons to be taken, writes Eliot Wilson.
Law firm Birketts expands global reach using London as launchpad November 11, 2024 Law firm Birketts has been revamping its brand beyond East Anglia, using its London move as a springboard to go global
Protective services sector leads London job growth November 8, 2024 Police and emergency services are among the sectors in London that have shown the most growth over the past five years, according to a study. Protective service occupations in the capital saw 12.3 percent total real growth since 2019, research by venture capital group Oxford Capital found. These jobs reported a total real growth of [...]
Will the world’s super wealthy still buy in London? November 7, 2024 The abolition of non-dom status and stamp duty on second homes may sound like bad news for super-prime property, but the reality is more nuanced, says Trevor Kearney The delivery of Rachel Reeves’ first Budget marks a significant shift in the UK’s fiscal landscape, especially for London’s super-prime property market. While headlines focus on the [...]
Dell sales slump by £500m as it sheds hundreds of jobs November 7, 2024 Sales at the UK arm of technology giant Dell were cut by almost £500m during its latest financial year as it shed hundreds of jobs, it has been revealed. The London-headquartered division of the US group has reported a revenue of £3bn for the 12 months to 2 February, 2024, down from £3.5bn. Newly-filed accounts [...]
Ed Warner: Chair the football regulator? No thanks, not even for £130k November 7, 2024 The job ad for the chair is being circulated widely by opponents of the concept of a regulator in the hope that a moderate rather than a zealot will land the role.
Square Mile and Me: Together’s Ryan Etchells on going from intern to CCO November 7, 2024 Each week we dig into the memory bank of the City’s great and good. Today, it's Together CCO Ryan Etchells, with a northerner's perspective on the Square Mile.
Trump and Tesla shares soar as Republicans secure victory November 6, 2024 Shares in Trump Media & Technology Group and Tesla soared in early trading on Wednesday as investors rallied behind stocks associated with newly elected US President Donald Trump and one of his key backers, Elon Musk. Trump Media & Technology Group (TMTG), owner of the Truth Social platform, spiked as much as 35 per cent [...]
Analysis: What does Trump’s victory mean for the UK? November 6, 2024 Donald Trump’s political resurgence poses important questions for the UK and the wider world. After securing the requisite 270 electoral college votes, Trump is on course to return to the White House as the 47th President of the United States, in January. And from his dealings with global leaders, the UK-US special relationship, to military [...]