Swiss police raid Credit Suisse offices over Greensill Capital funds October 3, 2021 Swiss police have raided Credit Suisse offices and seized documents relating to the failure of the bank’s $10bn range of supply chain finance (SCF) funds that were linked to Softbank-backed Greensill. Police carried out the raids last week after the Zurich public prosecutor’s office launched criminal proceedings into Greensill. The prosecutor’s actions followed a criminal [...]
The Met advises women to hail a bus or run if they do not trust a male officer October 1, 2021 The Metropolitan Police has issued new advice for women who do not trust a male officer, which includes ‘waving a bus down’ for help or running away. In a statement released yesterday, Britain’s largest force advised women to “shout out to a passer-by, run into a house or wave a bus down”. The guidance was [...]
SFO chief: We’re ready to use our new powers to clamp down on fraud January 15, 2024 The head of the UK's Serious Fraud Office has said he is ready to put the agency's new powers to use to help investigate and prosecute fraudsters.
City of London gives green light for new office tower as confidence in the Square Mile returns November 16, 2021 The City of London Corporation this afternoon approved plans for a new 24-storey office tower on Houndsditch in the Eastern Cluster, the Square Mile’s seventh tall building to be approved so far this year. The City’s Planning and Transportation Committee backed Brockton Everlast’s scheme, designed by architects AHMM, which will provide roughly 56,500 sq m [...]
Westfield exec makes fresh calls to scrap tourist tax ahead of Autumn Statement November 21, 2023 The chief operating officer of Westfield Group, has said reinstating the tourist tax would have a “ripple effect” on London’s economy.
Hybrid working powers office provider IWG towards recovery August 10, 2021 IWG, a company that delivers real estate solutions for businesses, has made a modest financial recovery as hybrid working brings employees back to offices. IWG’s interim results show that while revenue across its centres has fallen by 10.4 per cent in the first half of 2021 compared to the same period last year, revenue has [...]
Sarah Everard murder: Five police officers face disciplinary action over messages October 22, 2021 Five police officers from four forces are facing disciplinary action over social media messages about Sarah Everard’s killer Wayne Couzens. Police watchdog the Independent Office for Police Conduct (IOPC) said two Metropolitan Police officers and one from each of the forces in Sussex, Dorset and Avon and Somerset will be subject to misconduct proceedings. Couzens [...]
Aviva Investors has big plans for its newly acquired Hoxton office September 28, 2021 Aviva Investors has snapped up a Grade II listed property in Hoxton as part of the first investment made by the company’s newly launched climate fund. The investment arm of Aviva has today announced its purchase of Curtain House, a five storey Victorian warehouse in the heart of Shoreditch, London’s hub for technology businesses and [...]
Skadden agrees 15 year lease for 22 Bishopsgate office August 9, 2021 International law firm Skadden, Arps, Slate, Meagher & Flom LLP and Affiliates, has signed for three floors of 22 Bishopsgate. The City of London’s tallest office building is now 60% let with the US law firm taking 65,000 sq ft of space and planning to move its 250-strong London workforce to the site in late [...]
AI giant Coreweave in £1bn UK investment as London picked for new European HQ May 10, 2024 An American artificial intelligence (AI) group has announced plans to invest £1bn in the UK after opening a new office in London as its European headquarters.