The City will remain at the vanguard of financial innovation post-Brexit November 24, 2016 A year ago, London Stock Exchange celebrated the first Green Bond from China to be listed internationally, a landmark renminbi and dollar issuance by the Agricultural Bank of China. I wrote here at the time how London was leading the world in financing the global shift to a low carbon economy – a transition endorsed [...]
Enquest plans stake sale in North Sea project to Israeli billionaire’s Delek July 18, 2016 Enquest is considering selling a slice in one of the biggest North Sea development projects to an Israeli billionaire. The London-listed oil explorer said today that it had signed a non-binding deal to sell a 20 per cent stake in the Kraken development to Delek, which is majority owned by Israeli entrepreneur and business man Yitzhak Tshuva. Read [...]
Ken Livingstone suspended as Labour Party accused of becoming a home for “vicious anti-Semites” April 28, 2016 Zac Goldsmith has accused the Labour Party of becoming a home for "vicious anti-Semites" as it was reported Ken Livingstone had been suspended from the party after he said Adolf Hitler was a Zionist in a radio phone-in this morning. "There is no doubting that the party has become a home for anti-Semites, and not just mild anti-Semites – vicious anti-Semites,” [...]
Michelin Guide 2017: The 15 new Bib Gourmand restaurants in London October 7, 2016 The UK’s Michelin Guide 2017 has been unveiled, and there’s new addition to the accolades handed out to restaurants with exceptional cuisine. Bib Gourmands are given to less formal restaurants offering exceptional good food at moderate prices. Restaurants which achieve this special honour are not required to offer the same level of service as those [...]
One of the UK’s biggest tech venture capital investors Accel Partners now has $500m more to play with April 12, 2016 The venture capital firm which was an early backer of Facebook, bet on start startup Slack, and most recently invested in Deliveroo and Funding Circle in the UK, has raised $500m (£351m) for a new fund to invest in startups across Europe and Israel. “Entrepreneurship is flourishing everywhere across Europe and Israel; we’ve never seen so many great founders, both gritty and [...]
London drops down list of world’s most expensive cities June 22, 2016 London has dropped five places in the latest ranking of the most expensive cities to live in, slipping behind rivals from Europe, Asia, Africa and America. The capital was found to be the 17th priciest city in the world to call home on a calculation which takes into account housing, subsistence, travel and entertainment costs, down from [...]
London’s the best place in the world for fostering fintech as industry eyes new success measures September 27, 2016 London is the best city in the world for fostering fintech, ahead of New York, Silicon Valley and Hong Kong – but it faces a run for its money from Singapore – as the industry pushes for better measures for assessing its contribution to the economy and the government's new industrial strategy. The two cities were ranked highest based [...]
Architect Daniel Libeskind on returning to Poland to reshape its skyline, NYC’s World Trade Center masterplan, and President-elect Trump November 23, 2016 To Daniel Libeskind, architecture is a political act. Every building he creates is intertwined with a sense of place, culture and national identity. “Every project deserves a sensitivity to history, tradition, to something that isn’t completely visible to the naked eye, in terms of the spirit of the place,” he tells me. “There is no [...]
Former London mayor Ken Livingstone has blamed rebel Labour MPs for a furore around his Hitler comments June 14, 2016 Former London mayor Ken Livingstone has claimed that Blairite MPs have deliberately misrepresented his comments around Zionism and Adolf Hitler in a bid to undermine Labour leader Jeremy Corbyn. Livingstone's comments came as part of a Home Affairs Committee probe into the broader issue of anti-semitism, with the former London mayor asked to give evidence following his [...]
High stamp duty charges risk deterring labour market mobility among senior executives, according to a new analysis July 25, 2016 High stamp duty charges may be deterring senior executives from moving to the UK, according to a new study by UHY Hacker Young. In a study of equivalent tax regimes in 26 countries, the accountancy group found that the UK charges significantly higher taxes on personal property than many of its western European neighbours, and [...]