Storm Lilian: British Airways cancels flights as Leeds Festival shuts two stages August 23, 2024 The impending chaos from Storm Lilian is already causing massive disruption across the UK as millions of Brits look to get away for the Bank Holiday Weekend. Weather warnings have been issued on Friday as the tail-end of the hurricane has brought strong winds exceeding 70mph to northern parts of England and Wales on Friday, [...]
Yes in my backyard! It’s time to get London building June 17, 2024 In JG Ballard’s High-Rise, life in a pseudo-luxury tower block disintegrates into atavistic violence with residents of different floors battling for territory and against the rigid class divisions the building itself imposes on them. London hasn’t quite reached this stage, but like all dystopias the novel magnifies a basic truth – that the urban environment [...]
Sadiq Khan launches £24m plan to cut Tube and rail fares on Fridays January 28, 2024 Tube and train fares in London could be reduced on Fridays under a new £24m plan announced by London Mayor Sadiq Khan.
Why Rishi Sunak’s crypto investment quote has the tech industry excited June 13, 2023 When storied Silicon Valley investment firm Andreessen Horowitz made the announcement that it would be setting up a dedicated crypto arm in the UK yesterday – the firm’s first base outside the US – the announcement came with high profile backing: the Prime Minister, Rishi Sunak. Sunak championed the launch on Twitter and said in [...]
House prices slow as market braces for a solid but ‘not spectacular’ year May 24, 2023 House prices in the UK rose 4.1 per cent in the 12 months to March, adding £11,000 to the average value of a property. However, the figures are down from February’s 5.8 per cent hike and £8,000 below the recent housing peak in November 2022, data from the Office for National Statistics (ONS) reports. Across [...]
FTSE 100: London markets rise after inflation comes in unexpectedly steady February 14, 2024 The daily London update: Moving news from the FTSE 100 and around the world from City A.M.'s newsroom in the heart of the Square Mile.
Toast of London! Archax celebrates ISO Award July 20, 2023 FCA regulated digital asset exchange Archax is toasting the award of its ISO 27001 certification.
Freshfields to let staff work from home half of the time post-Covid March 19, 2021 Freshfields will allow staff to work from home for up to 50 per cent of the time when coronavirus restrictions are eased. The magic circle law firm has told staff they can work from home for half of the time, providing that any arrangements take account of client and business commitments. Freshfields said the new [...]
Mondi pulls out of DS Smith bidding war in win for US buyer April 19, 2024 Packaging giant Mondi has walked away from a bidding war for its smaller rival DS Smith, paving the way for Memphis-based International Paper to snap up the firm in a £5.8bn deal.
BNY Mellon warns staff could face ‘corrective action’ if they don’t return to office April 23, 2023 BNY Mellon has warned employees they may face “correction action” if they do not return to the office, a move that has been met with a mixed reception from the bank’s staff, according to the Sunday Times. In a message entitled ‘Working Together’ sent to employees on 30 March, senior executive vice president Roman Regelman [...]