Lawyers are the new bankers as £1m salaries become the norm December 31, 2024 US law firms dominate London's legal market with aggressive hiring, record salaries, and bold investments, widening the gap with UK rivals
Inside The Berkeley’s rooftop pop-up with Winter Wonderland views December 31, 2024 Winter Wonderland without having to actually go: the rooftop pop-up at The Berkeley has more to offer than moreish Swiss raclette…. The Berkeley hotel overlooking Hyde Park has launched an immersive ‘ski gondola dining experience’ with an après-ski inspired sharing menu, views over Winter Wonderland and decor including actual ski gondolas to transport you to [...]
FTSE 100 records best performance since 2021 December 31, 2024 The FTSE 100 returned just 5.8 per cent in 2024, despite a last-minute selloff in the final weeks of December. Despite hopes of a ‘Santa rally’ in December, the FTSE fell 1.7 per cent in the month. However, this will be its best year since 2021. That year, the blue-chip index returned 14.3 per cent, [...]
How fast will the Bank of England cut interest rates in 2025? December 31, 2024 The pace at which the Bank of England cuts interest rates in 2025 will be a major focus for financial markets in 2025, just like it was in 2024.
London’s share of global IPO market plunges but City shines in one area December 31, 2024 The proceeds from global initial public offerings (IPOs) sank three per cent in 2024 to its lowest value since 2008, with the UK falling to 35th among all stock exchanges. There were 1,145 IPOs globally in 2024, compared to 1,271 in the year before, data from the London Stock Exchange provided to City AM revealed. [...]
Investment bosses back UK stocks in 2025 and fret over Trump December 31, 2024 The chief investment officers of some of the UK’s largest asset managers have said they expect UK stocks to outperform global equities in 2025. However, they’ve also warned that trade wars represent the biggest threat to investors in 2025, as US President Donald Trump’s election threatens to heighten global supply chain issues. According to data from [...]
The purposeful CEO is dead: Long live the ‘corporate diplomat’ December 31, 2024 The era of green-centric grandstanding by CEOs might be over – welcome to the age of corporate diplomacy, writes Ali Lyon It had never been more essential, Blackrock’s Larry Fink wrote in the 2022 edition of his widely-read annual letter to CEOs, for bosses “to have a clear purpose”. “Putting your company’s purpose at the [...]
Arise Sir Southgate: Former England manager knighted in New Years Honours December 30, 2024 England’s former football manager Gareth Southgate has been bestowed the honour of a knighthood in King Charles III’s New Year Honours list. Sir Gareth, 54, led England to back-to-back Euros finals in 2021 and 2024, where the Three Lions were toppled by Italy and Spain in the showpiece finals. But the former player has been [...]
Downing Street rejects Elon Musk’s claim firms are turning away from UK December 30, 2024 Downing Street insisted Sir Keir Starmer was running an “unashamedly” pro-growth government after Elon Musk lashed out at his policies. Tesla boss Mr Musk said “very few companies” would be willing to put money into the UK under “the current administration”. Mr Musk, a close ally of US President-elect Donald Trump, was responding to calls [...]
Corinthia hotel London’s exec chef: London diners are moving away from glitzy restaurants December 30, 2024 André Garrett is the Executive chef at the Corinthia London hotel on Whitehall, home to Tom Kerridge’s London restaurant and a popular hangout for international royalty and American screen talent. In our review, we called the property “one of the grandest central London hotels.” Garrett speaks to us about the food and drink trends he [...]