The City supports SMEs June 17, 2024 It takes courage to start a small business, but the City of London is committed to making sure SMEs have everything they need to thrive, says Chris Hayward Management guru, Peter Drucker, once said that: “Whenever you see a successful business, someone once made a courageous decision.” In the City of London, courageous decisions are [...]
FTSE 100 close: Buildings firm CRH lifts London index as it readies for New York departure March 2, 2023 London’s FTSE 100 reversed an early morning slide today to finish in the black, lifted higher building giant CRH topping the index despite announcing it is mulling re-listing in New York. The capital’s premier index jumped 0.37 per cent to 7,944.05 points, while the domestically-focused mid-cap FTSE 250 index, which is more aligned with the [...]
Square Mile and Me: Hemlata Narasimhan on what makes the City tick August 8, 2024 Each week we ask a Square Mile exec to take a trip down memory lane. Today, Hemlata Narasimhan, president of Elavon Europe, talks about cultural vibrancy and inspiring girls to dream big What was your first job? My very first job was a college job when I worked as a maths tutor to high school children [...]
The City is where science and finance meet to solve the world’s problems June 10, 2024 The City is bringing together investors and inventors to make sure the future of space technology is sustainable, peaceful and equitable, says Michael Mainelli Last week, here in the City of London, the Commonwealth Secretariat launched its new space protection initiative, CommonSpace. This took place at the City’s science and innovation banquet, celebrating the City [...]
UK tech scene continues to defy pessimists with three new unicorns this year December 12, 2023 The UK's tech boom continues with three new unicorn startups this year, according to new data by Pitchbook.
End of cash… and cards? Barclays says record 91 per cent of transactions were contactless last year February 17, 2023 Just over nine in 10 (91.2 per cent ) card transactions made last year where paying by contactless would have been an option did use this technology, according to data from Barclays. The bank said this is the highest proportion it has seen, with 85.6 per cent of eligible card transactions being contactless in 2021. [...]
Alantra gives vote of confidence to London as it switches investment banking HQ to City June 13, 2023 Spanish investment bank Alantra has shifted its investment banking headquarters to a new office overlooking St Paul’s in a boost for the City. The Madrid-based bank said the new London office, based on 25 Cannon Street, is a “natural next step…given the significance of the City of London as a global financial centre”. The new [...]
‘I started this as a hobby’: Cricket star Stuart Broad reflects on his naive start to the world of hospitality July 12, 2023 England cricketer turned pub landlord Stuart Broad has admitted he had a “naive” understanding about what it took to run a hospitality business, as he reopens his pub amid a period of soaring bills and red hot inflation. The 37-year old sports star has recently relaunched his pub and restaurant The Tap and Run in [...]
UK faces ‘mammoth’ infrastructure investment challenge November 6, 2023 The UK faces a £615bn funding challenge to meet its energy, transport and housing infrastructure needs by 2030.
Analysis: Britishvolt and the government are no longer together in electric dreams February 27, 2023 The Britishvolt deal saves the firm and spares the government's blushes - but the UK is stuck at the drawing board for its EV ambitions.