Oops: Traffic chaos mounts after Tower Bridge gets stuck open August 9, 2021 The moving elements of Tower Bridge remain stuck in the raised position tonight, shutting down one of the main road arteries across the Thames. The Bridge was raised to allow a sailboat passage along the river, but the bridge’s bascules this afternoon became lodged in the raised position. The technical fault last occurred in August [...]
City Corporation urges firms to support its socio-economic diversity task force July 28, 2021 The City of London Corporation is calling on financial and professional services firms to encourage their networks and employees to support its socio-economic diversity task force. At a virtual meeting, City Corporation policy chair Catherine McGuinness asked individuals and organisations to get involved by being informed and using their influence to raise awareness of the [...]
Women on City board seats up by more than a third since 2016 July 19, 2021 Women hold 39 per cent more positions on boardrooms than they did five years ago, according to a report by New Financial. The think tank published its evaluation of the impact of a government effort to increase gender diversity in the City’s financial services firms. The proportion of women sitting on boards across the UK [...]
City of London Corporation chief says 19 July will ‘restore vibrancy’ in capital July 13, 2021 The City of London’s local authority welcomed the government’s announcement that “Freedom Day” will go ahead next week, helping the capital to bounce back from the pandemic. Catherine McGuinness, the City of London Corporation’s policy chair, said: “This is a light at the end of the tunnel for the many City businesses desperate to return [...]
Insurance chief Nick Lyons picked as new Lord Mayor of London July 7, 2021 Insurance bigwig Nick Lyons has reportedly been appointed as the next Lord Mayor of London after a secretive election in the Square Mile. Lyons, who is chairman of insurer Phoenix and a board member of Bupa, is said to have been picked for the role last night by the City of London Corporation’s Court of [...]
City of London Corporation unveils plans for startup hub at City Place House July 1, 2021 The City of London Corporation this morning announced it has resolved to grant planning permission for Great Portland Estates’ redevelopment of City Place House into a 13-storey office structure that will include affordable space for small businesses and startups. The redevelopment, which will be overseen by Great Portland Estates, will be redeveloped into a 44,500 [...]
‘Grave concerns’ over multi-million pound cuts to City of London Police June 28, 2021 The City of London Police Federation pushed 125 elected representatives to pressure the City of London Corporation to rethink £2.3m of cuts to the force. In a letter sent to 25 aldermen and 100 councillors in the City, chairman of the City of London Police Federation Mike Reed said the body had “grave concerns” over [...]
Dead centre of town: City looks to bring new life to cemetery cafe June 14, 2021 Fancy a thriller of a business opportunity? The City of London Cemetery and Crematorium is looking for a new proprietor to refurbish and operate its on-site café for visitors and mourners. With the current five-year lease coming to an end, the City of London Cooperation is accepting new proposals for the Gatehouse Cafe at the [...]
Arcadis to open new City of London office next week in boost for Square Mile June 10, 2021 Design & consultancy firm Arcadis has announced the opening of its new office in the City of London next week. From 14 June, the business will operate from 80 Fenchurch Street, with over 40,000 sq ft of new office space across two floors. “The continued strength of the City office market demonstrates the importance of [...]
City Moves: Who’s switching jobs in the Square Mile this week? May 26, 2021 City A.M.‘s Millie Turner provides a roundup of the most important hires and job moves across the City, every Wednesday afternoon. Email citymoves@cityam.com to be featured. Johnson & Johnson hires EU consumer health director US pharmaceutical giant Johnson & Johnson has hired a new London-based area managing director for consumer health in northern Europe. Charmaine England, who [...]