London rental prices clock biggest monthly bump since records began October 18, 2023 Data released by the Office for National Statistics (ONS) on Wednesday showed rental prices in London increased by 6.2 per cent in the year to September, up from 5.9 per cent in August.
No full-time return to the office for over a million British workers May 6, 2021 Almost all of 50 of the UK’s biggest employers have said they do not plan to bring staff back to the office full-time. Some 43 of the firms told the BBC that they would embrace a mix of home and office working, with staff encouraged to come into work for two to three days a [...]
The City is resilient but it needs to nurture its small businesses and advocate for a return to the office June 21, 2021 Over the last 12 months, the City has faced twin challenges from Britain’s exit from the European Union and the pandemic. Despite these challenges, the financial and professional services sector has demonstrated remarkable resilience as well as playing a key role in supporting other parts of the economy. We cannot, however, afford to be complacent. [...]
Should Hollywood look north after latest southern snub? June 10, 2024 Hollywood bigwigs have been called on to look north to stage their latest box office hits after the UK film industry was dealt another major blow recently as £750m plans for a new film studio in Buckinghamshire were quashed.
Credit Suisse chief compliance officer resigns as shake up continues in the aftermath of Greensill July 12, 2021 Credit Suisse’s chief compliance officer will depart the bank as it continues a shake up by its new chairman in the wake of a series of costly scandals. The banking giant announced that its Swiss chief compliance, Floriana Scarlato, would leave with immediate effect to explore opportunities elsewhere. Recently appointed chairman Antonio Horta-Osorio has vowed to [...]
Goldman Sach’s London employees to return to the office by 21 June May 4, 2021 Goldman Sachs employees in the UK will return to the office by 21 June, in line with the government’s easing of lockdown that should see the UK largely restriction-free. In an internal memo circulated among staff, and seen by City A.M., chief executive David Solomon said: “We know from experience that our culture of collaboration, [...]
Civil servants have to get back to the office, says former senior Johnson aide July 11, 2021 One of Boris Johnson’s former top aides has called for civil servants to get back to the office among warnings that “Whitehall is dead”. Lord Eddie Lister said that government departments in Whitehall had “corridors of empty rooms” and that young civil servants would not be able to learn on the job like this. Boris Johnson [...]
Exclusive: Three-quarters of London firms set for office return by September May 26, 2021 Almost three-quarters of London businesses are planning a return to the office by September, a new survey by Addison Lee has revealed. Of the 142 firms asked by the taxi firm, 74 per cent said that they would be making a return to their workplace over the coming months. And more than half of these [...]
Boeing shareholders approve chief’s $33m compensation as company faces investigations May 18, 2024 Boeing shareholders approved chief executive officer David Calhoun’s $32.8m (£25.8m) compensation on Friday and heard leaders explain what the troubled aircraft maker is doing to improve the quality and safety of its planes.
Arteta, Sunak and WFH: How the quarter-zip took over the City November 4, 2023 It has become ubiquitous - from fintech marketing teams to the corner corporate office. And the quarter-zip fleece, the new must-have for any man about town, doesn't appear to be going anywhere soon.