UK and South Korea to cooperate in space amid growing militarisation July 17, 2022 The UK and South Korea have agreed to cooperate in space, signalling continued steps towards forging a global framework for peaceful and sustainable activity in Earth’s orbit. The deal will see both countries share space-related discoveries, operational knowledge, training and personnel exchanges, as space becomes increasingly commercialised and militarised. “Space is critical to our security, [...]
City Moves: Who’s switching jobs in the Square Mile? June 14, 2022 City A.M.’s Millie Turner provides a roundup of the most important hires and job moves across the City, every morning. Email citymoves@cityam.com to be featured. Colliers Colliers has promoted into the role of operations director, who is set to oversee the estate agent’s office moves in 2023. Victoria Dent joined the Colliers’ finance department during the UK’s first lockdown as a financial [...]
Let lawyers take holidays without having to work, Mayer Brown managing partner says June 13, 2022 Mayer Brown’s UK managing partner has told partners in the law firm not to disturb associates on their holidays – apart from in emergencies. In an internal memo seen by The Lawyer, Dominic Griffiths, the highest-ranking partner at Mayer Brown’s London office, told the law firm’s senior lawyers not to interrupt younger lawyers’ holidays, as [...]
Bitcoin price flat again, but volumes are rising May 18, 2022 Bitcoin is changing hands for around $30k this morning, down three per cent over 24 hours and four per cent over the past seven days.
From Boxpark to Punch Pubs: Cash influx for leisure sector as UK private equity deals double in just one year May 16, 2022 The number of UK private equity deals for companies in the leisure sector has more than doubled from 12 to 26 in the past year, according to research by one of the City’s biggest law firms. Private equity funds are taking the opportunity to pick up assets at comparatively low prices ahead of the leisure [...]
City Moves: Who’s switching jobs in the Square Mile this week? March 3, 2022 City A.M.’s Millie Turner provides a roundup of the most important hires and job moves across the City, every morning. Email citymoves@cityam.com to be featured. Knight Frank Property consultancy Knight Frank has appointed a new head to lead sales in St John’s Wood. Also joining as partner, Neir Gigi brings over 23 years’ experience from across central and northwest London property markets. Gigi, who joins the [...]
Web 3.0: The Wild West of the web March 3, 2022 A fresh dawn of internet is looming. Dubbed the ‘Wild West’ of the web, a new, decentralised and crypto-infused platform is looking likely to emerge within the internet as we know it.” Web 3.0 is becoming an increasingly hot topic with an enthusiasm to empower users and give them true ownership over their data while [...]
UK and Australia Space Bridge hailed ‘best practice’ for global space industry February 23, 2022 The UK and Australia’s so-called Space Bridge, which unlocks trade barriers, academic research opportunities and investment for both sides, has been hailed “best practice” for the global space industry. The partnership, which has reached its one-year anniversary today, seeks to collaborate on space-related activities, including sharing Earth observation data from satellites. “The Space Bridge [...]
City Moves: Who’s switching jobs in the Square Mile this week? February 8, 2022 City A.M.’s Millie Turner provides a roundup of the most important hires and job moves across the City, every morning. Email citymoves@cityam.com to be featured. Hilton Hiltonhas appointed a travel industry veteran to take on the role of vice president of focused service operations across Europe, the Middle East and Africa (EMEA). Pauline Wilson, who brings more than 25 years of experience to [...]
Private equity acquisitions of professional services firms up 179 per cent in 2021 February 6, 2022 Private-equity funds have increasingly begun to buy up professional services firms, as they face mounting pressure to deploy their capital quickly in the face of economic uncertainty. The number of private-equity backed acquisitions of UK professional services firms more than doubled over the previous year, from 19 in 2020 to 53 in 2021, according to [...]