Finding the capital’s next Clooney: London’s new mayor must be a brand manager and spokesperson May 4, 2016 NULL
Work in tech, bored of London? Forget Silicon Valley, try Australia May 4, 2016 Tech entrepreneur Oli Madgett and his wife Tara recently decided to swap London for South Australia. The weather, beaches, and wine played their part but the city’s growing reputation as a tech hub was crucial. As London’s ‘Here East’ starts to establish itself here’s how our Aussie cousins are doing it. Go big or go [...]
Market economy status for China could kill Britain’s steel industry May 4, 2016 The government has been accused of supporting a policy that would deal a final blow to the British steel industry, already thought to be in its death throes. Axel Eggert, director general of European steel association Eurofer, told City A.M. at the World Manufacturing Forum: "Market economy status for China would most likely be the [...]
Most migrants in the UK not affected by Prime Minister David Cameron’s proposed changes to the welfare system, according to the Migration Observatory May 4, 2016 A new report has called into question the effectiveness of Prime Minister David Cameron's argument that the "emergency break" would lead to a fall in net migration. A report by Oxford University's Migration Observatory has found that newly arrived migrants are less likely to be claiming welfare benefits, undermining Cameron's assertion that his EU reforms [...]
Investment in London offices hits £3.5bn in the first quarter despite Brexit jitters May 4, 2016 Investors appear to have put Brexit fears aside in the first quarter after splurging £3.5bn on London's office market, new research reveals. Real estate firm CBRE's quarterly figures show that total investment volumes were down 14 per cent on the previous quarter after a particularly strong end to 2015. However, this was on par with the first quarter [...]
New Labour Prime Ministers cause the biggest stock market swings May 4, 2016 Live in 10 Downing Street and spend a bit of time in Whitney on the weekends? Then clear your diary and whip out the bunting – this Saturday it's time to celebrate. That's right, on 7 May it will have been one whole year since David Cameron won what was supposed to be the most tightly-fought [...]
RBS shareholders approve executive pay at annual meeting, joining Aviva and BAE Systems in waving through exec pay packages May 4, 2016 Embattled Royal Bank of Scotland has been fighting to defend its management practises and executive pay this afternoon at its annual shareholder meeting (AGM) in Edinburgh. The banks shareholders eventually voted overwhelmingly in favour of the bank's executive pay, with over 99 per cent approving the report. RBS boss Ross McEwan faced a barrage of [...]
RBS chairman urges shareholders to put things into context at its AGM May 4, 2016 Perhaps feeling the chill of a shareholder spring in the air, the chairman of RBS has urged those present at today's AGM to put the bank's performance into context. Howard Davies remarked that, although it was disappointing to see RBS' share price 38 per cent lower than at last year's AGM, shares in the banking sector more [...]
Bookies from Ladbrokes escorted away from City Hall for hustling odds on Zac Goldsmith and Sadiq Khan ahead of tomorrow’s vote May 4, 2016 As London prepares to welcome a new mayor on Friday, tensions are running high at City Hall. Bookies at Ladbrokes found this out the hard way when they were kicked out of the mayor's offices for hustling odds on mayoral hopefuls Sadiq Khan and Zac Goldsmith. Political gambling expert Alex Donohue told The Capitalist the betmakers took [...]
London mayoral election 2016: Last day of campaigning in London and across UK in local and assembly elections May 4, 2016 Not just in London, but across the country candidates for local, assembly and mayoral elections are engaged in last ditch appeals to voters. In London, Zac Goldsmith and Sadiq Khan have been on the road, to urge Londoners to turn out and cast a vote for them tomorrow. Last night Goldsmith was joined by David [...]