A new business group lands at just the right time The Jobs Foundation 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 [...]
Net zero is a noble cause, but we must be honest about the costs THE CITY VIEW There is something in the air: a pushback against the charge to net zero, come hell or highwater. Yesterday, Shell said it would ‘stabilise’ its production; Exxon Mobil, separately, said they didn’t think society would bear up to the sacrifices necessary to hit net zero by 2050. Others in government have expressed scepticism about the [...]
London is full of talent, but that will soon change if we don’t build for the future the city view Like a solid lower-league football manager, business secretary Kemi Badenoch recognises that the most important thing in life is talent. In her interview with us today, she says the capital will remain at the top table of global finance on the grounds that London will continue to be a magnet for the world’s best and [...]
Transport upgrades are vital to keep London at the top of the financial table May 11, 2023 Ask most of those who are yet to come back to work three or four or five days a week what the biggest barrier is and the answer is usually either the commute being a pain in the neck or being too expensive. So it won’t necessarily shock you to learn that in the aftermath [...]
The City View: As we close the door on the CBI – it’s time to ask what’s next April 24, 2023 An inordinate amount of ink has been employed discussing the future of the CBI. At the heart of it is a question; if not them, whom? There is no question that medium to large businesses wish for a collective voice; regrettable though it may be, too many CEOs are wary to put their head above [...]
Central banks need to steady their course despite choppy weather March 22, 2023 Much ado about nothing? Hardly. The loss of Credit Suisse, and the wipeout of Coco bond holders, will have consequences for years to come – but for now at least it appears as if the guardrails are holding. Attention will now inevitably turn to the Federal Reserve and, the day after, the Bank of England. [...]
Crown Estates sues Twitter over unpaid rent of its Piccadilly Circus HQ January 24, 2023 Twitter is being sued by the Crown Estates over unpaid rent relating to its Piccadilly Circus-based headquarters building. The Crown Estates manages property for King Charles III and the monarchy, which includes the 10m sq Twitter headquarters in central London. The estate filed the claim against Twitter Inc, which is also facing legal action over [...]
BBC expects 10m viewers to watch London fireworks for New Year’s Eve December 31, 2022 BBC is set to broadcast London’s New Year’s Eve firework display this evening. The capital’s firework show will welcome crowds after a two year gap because of the pandemic. Over a 100,000 tickets for the Central London event have been sold, but Londoners and tourists have been advised not to come to the display unless [...]
Ambulance workers to strike for two more days in January December 22, 2022 Ambulance workers are set strike for two more days in January, following on from yester day’s NHS picket line. Unision, one of UK’s largest service trade unions has announced an additional two days of industrial action. The strikes are being planned for the 11th and 23rd of January, 2023. This follows yesterday’s large scale NHS [...]
The City View: Boris on his last legs? May 31, 2022 On today’s final episode of The City View, Andy Silvester talks to City A.M.’s Opinion and Features Editor Sascha O’Sullivan. They ask whether Boris Johnson is harming the Tory party’s chances of reelection, and if Starmer is the right man for the job as Labour leader. And in the business news: TUI has cancelled nearly [...]