IT consultant ordered to pay £50,000 after being accused of stealing Soho House members’ personal details
Brexit transition deal needed “urgently” to avoid cliff edge warns European banks group January 22, 2018 Politicians on both sides of the Channel must “urgently” agree a Brexit transition deal to avoid a legal and regulatory cliff edge which would cause chaos for firms and threaten financial stability, according to a lobby group for Europe’s biggest banks. The Association for Financial Markets in Europe (Afme), which counts JP Morgan, Lloyds, and [...]
Crossrail’s coming: Iconic London roundels unveiled on Elizabeth Line stations including Farringdon and Tottenham Court Road January 22, 2018 After providing an updated Tube map featuring the Elizabeth Line last month, Transport for London (TfL) has now revealed the first batch of its iconic roundels are in place for the new railway. Now 110 years since the installation of the first roundel sign at St James’s Park Underground station, the latest iteration has begun [...]
The European Union stands to benefit from a City Brexit deal January 22, 2018 French President Emmanuel Macron made quite an impression during his brief visit to the UK last week. Not since the visit of President Obama in 2011 has the British media been quite so excited about catching a word from a visiting politician. Angela Merkel may be a step closer to forming a government (Berlin watchers [...]
A quarter of London businesses are unprepared for new data laws, says industry poll January 22, 2018 One in four London businesses are not aware of new data regulations that are due to come into law in a few months, according to a new survey. The London Chamber of Commerce and Industry (LCCI) poll of more than 500 businesses found that of those that believe the new General Data Protection Regulation (GDPR) [...]
Modular housing the way forward to boost waning new build numbers, experts warn government January 22, 2018 A “radical new approach” to housing policy and a renewed focus on modular construction will be needed if the government is to hit its 300,000 new homes a year target, experts warned today. The Housing & Finance Institute (HFI) has urged the government to focus on modern construction methods to drive up the number of [...]
Oxfam would rather make us all poorer than feed the world January 22, 2018 In the film Groundhog Day, the protagonist is trapped in an infinite time-loop, constantly repeating the same experiences over and over again, each time hoping it will be the last, yet never seeming to learn the lesson. The 2018 Oxfam report on inequality has been released today with much fanfare, and, just like those before [...]
The narrative is shifting – it’s now time to rekindle trust in business January 22, 2018 As business leaders face fire on everything from executive pay to labour standards and tax avoidance, the temptation can be to hunker down and keep out of the fray. It is only natural to want to avoid high-profile debate for fear of criticism. The problem is that managed retreat is not a strategy for rebuilding [...]
London and Israel are working together to advance the industries of the future January 22, 2018 It looks as though 2018 will be a fast-paced and important year for the UK. This week, I leave for my first overseas visit of the new year, to promote all the UK’s financial and professional services industry has to offer the world. I will be heading to Israel, where I will be promoting London [...]
Trust in business bosses jumps as social media become the biggest bogeymen January 22, 2018 Business leaders have enjoyed a surprise turnaround in public trust, according to a prominent survey of Britons’ faith in institutions – although social media companies have become the new bogeyman. The credibility of chief executives has improved by 14 percentage points during the last year, with 42 per cent of more than 3,000 Britons surveyed [...]
UK leads the pack as Europe hits its highest level of buyout activity since 2007 January 22, 2018 In a year which saw Brexit negotiations grind on while a number of European countries held elections, private equity activity in Europe hit a decade-high. Private equity firms completed 919 buyouts of companies in 2017, up 19 per cent year-on-year and the highest number since 2007’s 1,000 deals, according to Unquote data. The UK drove [...]