Post Office chairman steps down amid Horizon scandal fallout January 28, 2024 The chairman of the Post Office, Henry Staunton, has stepped down amid ongoing tensions in the wake of the Horizon IT scandal.
‘Critical growth hub’: Hedge funds drive demand for office space in London July 19, 2024 Over $13.1 trillion (£10.4 trillion) in assets are managed in London, and the capital has remained the world's second-largest centre for hedge funds and private equity firms globally after New York.
London offices: Bigger is better, as construction of smaller spaces in the capital dries up July 17, 2024 For the first time in at least two decades not a single new office scheme smaller than 100,000 square feet began construction in London in the first half of this year, despite demand for larger spaces reaching record highs.
Balanced Commercial Property Trust sheds more offices amid ‘challenging’ market July 12, 2024 The commercial property investor Balanced Commercial Property Trust has shed more offices as part of its strategy to focus more on the food and beverage sector.
Bank of America sends ‘letters of education’ demanding workers return to office January 24, 2024 Bank of America (BofA) has sent “letters of education” to employees threatening disciplinary action if they do not come into the office, joining its Wall Street peers in pushing back against remote work trends.
At least seven Met Police officers caught up in election gambling investigation June 27, 2024 At least seven Metropolitan Police officers are being investigated over bets on the timing of the General Election.
Government pledges law on litigation funding in light of Post Office scandal January 15, 2024 The UK Government is set to reverse a Supreme Court decision on litigation funding in order to allow sub-postmasters to take the Post Office to court.
City law firms fight for the best London office space with ESG at the forefront June 7, 2024 London’s legal sector has over 12m sq ft of lease expiring between now and the end of 2030, as law firms are set to compete for the best of the City offices
Workspace: Flexible office provider calls market bottom as workers return to the City June 5, 2024 Flexible office provider Workspace said its “future is bright” after it revealed a 8.7 per cent increase in profit for the year to March.
Ex-Post Office boss Paula Vennells to hand back CBE January 9, 2024 Former Post Office boss Paula Vennells has said she will hand back her CBE with immediate effect amid the ongoing Horizon IT scandal.