City’s nitrogen dioxide dropped 42 per cent in five years December 2, 2021 The levels of nitrogen dioxide (NO2) in Square Mile have dropped 42 per cent since 2016. Figures from the City of London Corporation – which were later confirmed by air quality monitors such as Beech Street and the Aldgate School – revealed a year-on-year improvement over the last five years, as a result of air [...]
Square smile! You are back in the City November 24, 2021 You may have spotted the new Lord Mayor of London, Vincent Keaveny and Policy Chair of the City of London Corporation, Catherine McGuinness next to a new roundel at Bank station, to welcome workers and visitors back to the City. In partnership with TfL, it is part of the City of London Corporation’s Square Smile [...]
City of London gives green light for new office tower as confidence in the Square Mile returns November 16, 2021 The City of London Corporation this afternoon approved plans for a new 24-storey office tower on Houndsditch in the Eastern Cluster, the Square Mile’s seventh tall building to be approved so far this year. The City’s Planning and Transportation Committee backed Brockton Everlast’s scheme, designed by architects AHMM, which will provide roughly 56,500 sq m [...]
ESG, but what about the S? New City Lord Mayor seeks to improve diversity November 15, 2021 The City’s new Lord Mayor has urged that, while the financial hub’s recent environment work has been noted – more work needs to be done on diversity. “Fewer than one in 10 management roles in financial services sector are held by Black, Asian, or other ethnic minority people,” City Lord Mayor Vincent Keaveny said. “I [...]
Vincent Keaveny sworn in as City of London’s 639rd Lord Mayor November 13, 2021 Vincent Keaveny has been sworn in as the 693rd Lord Mayor of the City of London, serving as the elected head of the City of London Corporation and a global ambassador for the UK-based financial and professional services industry until November 2022. Keaveny, 56, and his wife Amanda have taken up residence in the Mansion [...]
The Tulip wilts: Skyscraper set for scrap-heap after appeal fails November 11, 2021 Proposals for the proposed Tulip skyscraper in the eastern heart of the City are set to be scrapped after central Government dismissed the planning applications. The Corporation of the City of London had approved the plans in 2019, but they were blocked by Mayor Sadiq Khan’s office, which feared the unique skyscraper would damage the [...]
Big Shoes: City of London Corporation deputy chair frontrunner to succeed Catherine McGuinness November 10, 2021 City of London Corporation chair Chris Hayward is looking like the frontrunner to succeed City veteran Catherine McGuinness when she steps down next year, according to reports. McGuinness’ departure in leaves one of the most powerful jobs in the Square Mile officially up for grabs, after a five year term. While Hayward is expected to [...]
‘Go green or go home’, City Lord Mayor urges finance industry amid climate talks November 2, 2021 The finance industry “cannot afford to hold back” in pumping capital behind the world’s climate efforts, the City’s Lord Mayor has warned. “The stakes could not be higher,” Lord Mayor William Russell told senior financiers at the Green Horizon Summit. The summit, organised by the City of London Corporation and the Green Finance Institute, has [...]
Helena Morrissey criticises HSBC and City of London as she calls for dump of China stock October 5, 2021 City insider Baroness Helena Morrissey has called on investors to ditch their stakes in Chinese companies due to the accusations of human rights abuses in the country. Morrissey, a chair for AJ Bell, also criticised HSBC and the City of London Corporation for their stance on China, as the bank alongside Standard Chartered, had last [...]
Accountancy boss sentenced for offering non-existent jobs in the City and Canary Wharf October 1, 2021 The director of a London-based company that offered jobs via an online recruitment website has been given a suspended sentence for his part in a fraud that saw job applicants apply for positions that didn’t exist. Wemba Akobola was sentenced to 18 months’ imprisonment, suspended for 18 months, according to a statement from the City [...]