City Of London Corporation elects business veteran Nicholas Lyons as 694th Lord Mayor September 29, 2022 The City of London has elected Nicholas Lyons as its 694th Lord Mayor. The father-of-four and veteran business leader was announced as the new head of the Square Mile today, taking over the year-long role from Vincent Keaveny. Lyons, who has worked in the City for more than 40-years, pledged to represent financial and professional [...]
City backs mini-budget measures: ‘Scrapping bonus cap shows we are open for business’ September 23, 2022 The City of London has welcomed measures in today’s mini-budget, backing the scrapping of bankers’ bonuses and freezing of cooperation tax hikes. Policy Chairman at the City of London Corporation Chris Hayward responded to Kwasi Kwarteng’s fiscal statement today, which included a raft of changes from planning and benefits to stamp duty and national insurance. [...]
City law firms have youngest partners, new research shows August 31, 2022 The City’s high-paying corporate law firms have more young partners than those working in any other sector of the legal business, new research from legal sector accountancy firm Hazelwoods shows. Almost two fifths (38 per cent) of partners at City of London firms are now under the age of 44, as young lawyers are [...]
Police appeal for witnesses over stabbing as man, 20, held for attempted murder August 25, 2022 Police are appealing for witnesses following an attempted murder in the city, as a 20-year-old man has been arrested on suspicion of attempted murder. The victim was stabbed in the doorway of Blomfield Street at 4.10am in the early hours of Wednesday morning, in what the City of London Police describe as an ‘unprovoked attack’. [...]
Money laundering duo sentenced over scheme linked to millions with 20 victims including a care home August 25, 2022 A money laundering duo have been sentenced for their role in a scam linked to millions of pounds and more than 20 victims, including a care home. Naeem Khalid was sentenced to 46 months in jail while Abiya Hussain was given an 18-month community order, and are now subject to confiscation proceedings. The pain were [...]
Commuter numbers into City of London nearly double with Wednesdays and Thursdays busiest August 12, 2022 Commuter numbers into the City of London have nearly doubled since last year and the lifting of Covid-19 restrictions in England, according to new data from mobile operator O2. The network said the data – which it gathered based on connections to O2 mobile masts in major commuter, hospitality and retail hubs – had found [...]
Lionesses to be awarded Freedom of the City of London after historic Women’s Euro 2022 win August 1, 2022 The victorious Lionesses will receive the Freedom of the City of London following their Women’s Euro 2022 win on Sunday. England’s women footballers will be awarded the prestigious honour following the 2-1 win over Germany at Wembley, which brought their first major trophy. This comes as thousands are set to gather in Trafalgar Square on [...]
Leadenhall Street reopens after midnight brawl leaves two hospitalised, one arrested and area cordoned off July 27, 2022 Leadenhall Street in the heart of the City has reopened after a midnight brawl forced the police to cordon off the area up until midday. Two people were taken to hospital following the altercation, according to the City of London Police, with one person arrested on suspicion of affray. After announcing its closure early on [...]
City exclusive: HSBC strikes £605m deal for iconic Cheesegrater skyscraper in the Square Mile July 12, 2022 City A.M. can exclusively reveal this afternoon that property investment giant CC Land Holdings has struck a £605m refinancing deal for one of London’s tallest buildings, the iconic ‘Cheesegrater’, in an agreement co-ordinated by HSBC. Officially named The Leadenhall Building, after its London location, the 225-metre-tall skyscraper was purchased by Hong Kong-headquartered C C Land [...]
Lloyd’s to stay in iconic headquarters until at least 2031 July 8, 2022 Lloyd’s of London is set to stay in its iconic City of London headquarters until at least 2031, according to new reports that quell rumours the insurer had been planning to leave its purpose-built tower in 2026. There is now “zero chance” the insurer will trigger the lease break clause in its contract with its [...]