Big Shoes: City of London Corporation deputy chair frontrunner to succeed Catherine McGuinness November 10, 2021 City of London Corporation chair Chris Hayward is looking like the frontrunner to succeed City veteran Catherine McGuinness when she steps down next year, according to reports. McGuinness’ departure in leaves one of the most powerful jobs in the Square Mile officially up for grabs, after a five year term. While Hayward is expected to [...]
‘Go green or go home’, City Lord Mayor urges finance industry amid climate talks November 2, 2021 The finance industry “cannot afford to hold back” in pumping capital behind the world’s climate efforts, the City’s Lord Mayor has warned. “The stakes could not be higher,” Lord Mayor William Russell told senior financiers at the Green Horizon Summit. The summit, organised by the City of London Corporation and the Green Finance Institute, has [...]
Helena Morrissey criticises HSBC and City of London as she calls for dump of China stock October 5, 2021 City insider Baroness Helena Morrissey has called on investors to ditch their stakes in Chinese companies due to the accusations of human rights abuses in the country. Morrissey, a chair for AJ Bell, also criticised HSBC and the City of London Corporation for their stance on China, as the bank alongside Standard Chartered, had last [...]
Accountancy boss sentenced for offering non-existent jobs in the City and Canary Wharf October 1, 2021 The director of a London-based company that offered jobs via an online recruitment website has been given a suspended sentence for his part in a fraud that saw job applicants apply for positions that didn’t exist. Wemba Akobola was sentenced to 18 months’ imprisonment, suspended for 18 months, according to a statement from the City [...]
City of London elects Vincent Keaveny as next Lord Mayor September 29, 2021 The City of London’s next Lord Mayor, who acts as a global spokesperson for the business hub, has finally been named. Vincent Keaveny has been elected today as the 693rd Lord Mayor of the City, who will step into the role on November 12. During his upcoming one-year term, Keaveny is set to lead business [...]
Extinction Rebellion target the City, with Guildhall and StanChart doused in paint August 27, 2021 In the group’s fifth consecutive day of action Extinction Rebellion (XR) activists have vandalised Guildhall and the headquarteres of Standard Chartered. In a video shared on Twitter police could be seen clashing with protestors as the green rabble rousers painted red streaks and pressed handprints onto the bank’s main entrance. Activists also targeted the Guildhall. [...]
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 [...]