ClearBank CEO: If there’s a fire, run towards it Opinion Mark Fairless, CEO at ClearBank Group, takes us through his career, from Tesco to fintech, in today's Square Mile and Me.
City chairman: Britain’s growth ambitions need a planning system that can keep up Opinion Protecting heritage does not always mean preventing change, writes Chris Hayward ahead of the publication of the City Plan 2040.
WatchHouse CEO: Before I did coffee, I designed aquariums for billionaires Opinion Each week, we dig into the memory bank of the City's great and good. Today, WatchHouse CEO Roland Horne takes us through his eclectic career.
Former City traders’ fraud convictions overturned October 7, 2026 A group of five former City traders previously convicted of rigging the Libor and Euribor interest rates have had their fraud convictions overturned by the Court of Appeal. The five investment bankers, who previously worked at Barclays, had their convictions quashed having served jailtime for conspiring to rig the now-defunct interest rates in the run-up [...]
Dutch consulting disruptor takes aim at City’s ‘five-to-one’ markup October 7, 2026 Sweav, a Dutch-founded freelance consulting platform, is launching in the UK to challenge the traditional professional services sector on pricing. Speaking to City AM, Joeri Schouten, co-founder of Sweav, said: “The UK is the biggest professional services market in Europe [but] the culture is still much more traditional, very hierarchical, and has an even more [...]
Power cut leaves City offices in the dark October 5, 2026 Central London was hit by a major power cut on Monday that stretched across dozens of postcodes and left swathes of the City in darkness. According UK Power Networks (UKPN), the body responsible for the upkeep of the electricity network, 33 postcodes were affected by the outage, including thousands of homes and major businesses in [...]
Lloyds CMO: Uncertainty is the price of an interesting career October 1, 2026 We dig into the memory bank of the City's great and good. Today, Suresh Balaji, chief marketing office at Lloyds, takes us through his career.
San Francisco tech firm expands London footprint with new City office September 30, 2026 US design software group Figma has expanded its London headquarters as it looks to double down on its growth in Britain, where firms created more than 15 million files on its platform over the past year. The New York listed tech firm has moved into an office at Elder Yard in Norton Foldgate, near Liverpool [...]
Legal sector warns against tax ‘raid’ proposal on client account interest ahead of Budget September 29, 2026 London’s legal sector has sounded the alarm over government plans to cut interest on law firms’ client accounts to fund the justice department, warning it could drive some law firms out of business. The Ministry of Justice’s consultation on a proposal to introduce an Interest on Lawyers’ Client Accounts Scheme (ICLA) closed in March after [...]
Drama in the City as Lord Mayor frontrunner pulls out over ‘criminal proceedings’ facing close associate September 28, 2026 The frontrunner to become the next Lord Mayor of the City of London has abruptly withdrawn his candidacy after a close business associate was hit with criminal proceedings, City AM understands. Tim Hailes, a former JP Morgan banker who became a City alderman in 2013, took the decision to step aside late last night in [...]