Ed Warner: Sport owners mustn’t forget the loyal and local in rush to go global December 12, 2024 In the frenzied rush to create global franchises and events, the sport business risks forgetting local and loyal fans at their peril, says Ed Warner. Storm Darragh dashed many sporting dreams last weekend, including those of the Australian 15-year-old who spent all his savings on a solo trip from Down Under only for the last [...]
Omnicom and IPG staff fret for their future after $13bn mega merger December 12, 2024 Omnicom and IPG sent shockwaves through the advertising sector when they announced a $13bn merger on Monday. Ali Lyon looks at what the deal means for the firms’ agencies, staff and the ad industry as a whole. Advertising, according to Mad Men’s Don Draper, is based on one thing: happiness. Happiness, the protagonist of the [...]
2025 will be a year of green shoots for the City December 12, 2024 Changing mood music should gradually shift sentiment in London’s favour – and with the fire power of pension funds 2025 could be a better year than the City has seen in a while, says Steven Fine In New York, investors are in bullish form. I met one very well-known player recently who nearly knocked me [...]
Square Mile and me: Octopus Money CEO Ruth Handcock December 12, 2024 Octopus Money CEO Ruth Handock tells us about cocktails, 10-hour job interviews and why we need more women in the City What was your first job? Washing neighbours cars inside and out for a pound at the age of 12. Followed by two years at Sainsbury’s on the checkout during sixth form. But both have [...]
Regulators are paying lip service to growth December 12, 2024 “This is not a return to pre-crisis light touch… because frankly that ended in tears.” That was the response of the heads of the Financial Conduct Authority (FCA) when questioned by MPs about their new growth remit. No one can deny that the 2008 financial crash devastated lives. But the consequences of the low growth [...]
Dame Joan Collins switches on lights for London’s tallest Christmas Tree December 11, 2024 Acting Legend Dame Joan Collins lit up the Eastern City – literally – by switching on London’s tallest Christmas tree this month. The massive 67 foot sustainable Christmas tree is the latest edition to the iconic City skyline and is part of the Eastern City Business Improvement District’s Festival of Light Campaign to ensure this [...]
Public Realm Vision December 11, 2024 An ambitious and inspirational vision for the future of public spaces in the Square Mile’s tall building cluster has been unveiled this month. The new Public Realm Vision, published by the Eastern City Business Improvement District (EC BID) following 10 months of collaborative working, seeks to support the City of London Corporation on plans already [...]
Eastern City cycle Medics keeping people safe and secure at Christmas December 11, 2024 Following the success of last year’s initiative, the Eastern City Business Improvement District (BID),along with the City River Partnership, has sponsored and paid for two cycle response medics whowill be deployed in the area to assist any member of the public in difficulty or distress. Over the 2023 festive period the medics treated 116 people [...]
Let the Festivities begin with the Eastern City Festival of light December 11, 2024 An incredible light and sound interactive see-saw installation has been unveiled this week by theEastern City BID – a first for the City of London. Partnering again with FESTIVAL.ORG, which brought the iconic Arcs in 2023 and Bubbles in 2024, the Eastern City was delighted to sponsor IMPULSE – six see-saws installed in St Helen’s [...]
RM’s profit booms amid ‘year of transformation’ December 11, 2024 Education technology firm RM expects better-than-expected results for 2024, describing it as a “year of transformation” amid a “challenging UK schools market.” The London-listed company said it anticipates adjusted operating profit for the year ending 30 November to be between £8.4m and £8.8m – five to 10 per cent ahead of market expectations. Adjusted earnings [...]