The City sees the Tories as a ‘bigger risk to business’, says Reynolds October 8, 2023 The Conservative Party is seen by many people in the City “as the bigger risk to the business community”, Labour’s Jonathan Reynolds told City A.M.
Outgoing City of London Lord Mayor Nicholas Lyons will return to Phoenix Group as chair October 4, 2023 The outgoing City of London Lord Mayor Nicholas Lyons will return to insurance giant Phoenix Group as chair, when his term ends next month. Lyons will resume his role with FTSE100 pension firm following a sabbatical for his mayoralty, which ends in November. He will be made chair of the board of directors on 1 [...]
Brexit not end of the City, Badenoch to insist October 2, 2023 Brexit is not the end of the City of London, Kemi Badenoch is expected to say in a speech at Conservative Party conference. Business and trade secretary Badenoch is set to rail against critics “relentlessly wanting to talk down our country” and will claim: “Our political opponents are obsessed with viewing every problem as Brexit.” [...]
City of London elects new Lord Mayor: US scientist and economist Alderman Michael Mainelli September 29, 2023 The City of London Corporation has elected the 695th Lord Mayor as Alderman Michael Mainelli. Mainelli will take over the year-long role as the figurehead for the Square Mile, currently held by Nicholas Lyons, on Friday 10 November. The Lord Mayor-elect, 64, is a scientist, economist, and accountant, known for being chairman of Z/Yen. Born [...]
City of London Corporation donates £50,000 to Morocco and Libya disaster appeals September 19, 2023 The City of London Corporation is urging firms to join in donating to emergency appeals for Libya and Morocco, after stumping up £50,000, City A.M. can exclusively reveal. The Square Mile’s local authority has donated two separate £25,000 donations to the appeals, after thousands of people have died in twin natural disasters. After announcing the [...]
Pubs, bars and restaurants get al fresco boost as City of London extends pavement licences September 15, 2023 Pubs, bars, cafes and restaurants in the Square Mile will be able to continue offering ‘al fresco’ dining into next summer, after the City of London Corporation agreed to extend pavement licences to hospitality businesses, up to September 2024. The local authority said it acknowledges how hard the hospitality sector was “hit by the pandemic.” [...]
City of London granted permission to fix plaque on statue linked to slavery September 14, 2023 The two Guildhall statues with slavery links are figures of William Beckford, former two-time Lord Mayor, and philanthropist Sir John Cass.
Tipping point? City grandees say Square Mile could be set for Big Bang 2.0 September 12, 2023 The City of London is at an "inflection point," with nearly two thirds of financial services leaders warning that the City's star will wane without intervention.
Chancellor: India’s ‘Silicon Valley’ could revitalise London’s capital markets September 11, 2023 Indian firms are set to explore listing internationally on the UK’s London Stock Exchange, amid trade talks between the two nations.
UK firms in the dark over regulatory ‘avalanche’ for EU trade, report warns September 7, 2023 Most businesses are in the dark about a looming “avalanche” of changes in EU/UK trade regulations, an industry group is warning.