London set to drive UK recovery with business confidence highest in capital November 1, 2021 London businesses are set to drive the UK’s economic recovery from the Covid-19 crisis over the coming months. Firms in the capital are the most confident out of all regions across the country, according to Lloyds Bank’s latest businesses barometer survey. 65 per cent of London businesses are optimistic about their medium term prospects, up [...]
Insurance industry wrestles with diversity deficit September 23, 2019 It is fair to say the insurance industry has not had the best year reputation-wise. In March an explosive Bloomberg story lifted the lid on a culture of drinking and sexual harassment at Lloyd’s of London – the beating heart of the UK’s insurance industry. Tomorrow, Lloyd’s chief executive John Neal will unveil a report [...]
Weekend Exclusive: Lloyds banker turned charity guru Bernie Hollywood OBE on mental health in the City February 27, 2022 Londoner Bernie Hollywood OBE spent nearly a decade as a corporate banker at Lloyds Banking Group’s HQ at 25 Gresham Street in the City. These days, he is determined to make a difference: next year, the 63-year-old is rowing the Atlantic to raise funds for youth mental health. City A.M. caught up with him to [...]
UK net zero ambition needs “huge engagement” from SMEs October 6, 2022 Small businesses are keen to play their part in the UK’s journey to reach net zero by 2050 but decarbonising is complicated and expensive. It will be impossible to reach the UK’s net zero by 2050 goal without “huge engagement” from the UK’s 5.7 million Small to Medium Enterprises (SMEs), says Chris Hocknell, director of Eight Versa, [...]
Week ahead: City eyes cladding bill impact on house builders’ bottom lines April 24, 2022 Signs of the negative impact of the government turning to home builders to fix the cladding crisis is likely to draw City traders’ gaze in a week of jam packed corporate and economic announcements. London’s capital FTSE 100 index dipped 0.78 per cent to 7,521.68 over the last week, while the mid-cap domestically-focused FTSE 250 [...]
Happy Bastille Day as Binance turns 3 July 14, 2020 Greetings from the Jurassic coast where young Lady Luna (my fast growing puppy) and I are on holiday with my relatives enjoying all the Dorset countryside has to offer! My French husband and I celebrated our 23rd Anniversary on the 12th July over WhatsApp and my old university French friend Carine Remy Greenwich celebrates her [...]
Lloyd’s of London launches Brussels hiring spree as new EU base takes shape April 24, 2018 Lloyd’s of London today kicked off a search for new staff in Brussels as it prepares for Britain’s exit from the EU. The iconic London insurance market rolled out plans last year to established a new European headquarters in Belgium to mitigate the fall-out from Brexit. Lloyd’s is advertising vacancies for frontline underwriters as well [...]
Exclusive: City heavyweights are top firms for career growth, says LinkedIn April 6, 2022 City headquartered firms have been named as the top companies to work at for career growth, according to LinkedIn research shared exclusively with City A.M. today. Barclays retained its crown, wrestling with Lloyds Banking Group and HSBC, which make the top three companies on the list – all with London HQs. Chasing the coattails of [...]
Editorial: No sympathy for the sanctioned, but seizures are dangerous path to tread March 14, 2022 It is not easy to feel much sympathy for Oleg Deripaska, whose mansion on Belgrave Square was squatted by a group of protestors yesterday, ostensibly to reclaim it as a home for Ukrainian refugees. It is notably more than the Government itself has managed so far with regards to working out where and how the [...]
Aviation software company Sabre cuts ties with Russia’s Aeroflot following Ukraine invasion March 3, 2022 Aviation software company Sabre announced today it has cut ties with Russian airline Aeroflot following Moscow’s invasion of Ukraine. The Texas-based group said it has terminated its distribution agreement, removing Aeroflot’s content from its global distribution system – which is used by global travel agencies and websites to book and service flight reservations. “We are [...]