City A.M. muscles up for new chapter with THG deal July 26, 2023 City A.M. is set for a new chapter, under new ownership, after London-listed THG agreed to purchase the 18-year-old business newspaper today.
Alison Rose resigns as Natwest chief over Farage leak after midnight board drama July 26, 2023 Dame Alison Rose, the Natwest chief executive at the centre of a leaking scandal, resigned overnight after an extraordinary late-night board meeting – just hours after the bank’s Chairman issued a statement offering her their full confidence. Rose outed herself as the source of a BBC story into the finances of Nigel Farage, who had [...]
Rose has made a stupid error, but Natwest’s decision is fine for now July 26, 2023 Polticians getting grouchy about anonymous leaks – you couldn’t make it up. What Alison Rose has confessed to doing, in the white heat of a media storm, was unwise. Her job at the top of an FCA-regulated entity requires her to be alive to risk, integrity and professionalism, and on that note she has failed. [...]
A housebuilding revolution has many advantages – growth being one July 25, 2023 Go to tech conferences, and much of the buzz revolves around ‘Web 3.0,’ a catch-all term for the future of the internet that even when pushed most of its proponents struggle to define. Perhaps, then, we should be grateful that government continues to tootle along with plain-old 2.0. It’s two years or so since Rishi [...]
Starmer’s ULEZ meddling shows Labour still has a lot to learn July 24, 2023 Only the Labour Party could turn a night in which they overturned a 20,000 majority Tory seat in Yorkshire into an almighty row over a tax on fewer than 10 per cent of outer London’s cars. The Conservatives’ narrow victory in Uxbridge, which had at least something (but by no means all) to do with [...]
Andy Silvester on market optimism, US wages and a real-life summer thriller July 20, 2023 Bulls are not regularly seen on the streets of the Square Mile, especially recently. It has been all too easy on my recent travels to find people casting their eyes downward when asked about the City’s prospects, as if the irritatingly grey July skies are dimming optimism before the summer holidays. What’s interesting is that [...]
Cities are ecosystems and we need to constantly refresh them July 19, 2023 Oxford Street is, despite the fact that most Londoners venture their only under the most extreme of Christmas present pressures, a literal shop window for the capital. That it has been recently taken over by garish American candy stores and knock-off vape shops is, therefore, less than ideal. The steps Westminster Council are taking, then, [...]
Some honesty could spice up CEO meetings with Number 10 July 18, 2023 To listen to Downing Street, today’s meeting of the great and good of the British corporate world in Number 10 – as part of the “business council” – is part of a groundbreaking relationship between private sector and policymakers. It would be churlish to critique anything that brings our business leaders closer to government, but [...]
A new business group lands at just the right time July 10, 2023 Lost amongst the ifs and buts of whether the CBI could survive the phalanx of governance failings it stood accused of was the question of whether it, or the other business groups, were doing their job in the first place, or what they were for. A corporate human shield for business leaders that didn’t want [...]
A Hotel School for the homeless: Meet Jeremy Goring’s London passion project July 6, 2023 The fourth-generation chief of the family-run Goring Hotel is a busy man. But much of his time is now devoted to the Hotel School, a project giving vulnerable Londoners the skills they need to work in the capital's finest hotels and restaurants