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      PwC slapped with multi-million fine for audit failures at FTSE 100 firm Babcock

      PwC cuts roles and apprenticeship

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City of London

  • The Capitalist: City of London terrorised by ducks

    April 10, 2025

    Market shenanigans, Jamie Dimon's good manners guide and the Square Mile's aggressive ducks; catch up on City drama in The Capitalist.

  • Roman Basilica discovery forces new City skyscraper rethink

    April 9, 2025

    Plans for a new skyscraper at 85 Gracechurch Street have been updated after the discovery of an “extraordinary” Roman Basilica at the site earlier this year. The proposed scheme now incorporates a public exhibition space in the 32-storey commercial building, which will celebrate the remains of the first Roman Basilica of London. The public immersive [...]

  • Knight Frank makes the City its global headquarters

    April 8, 2025

    Knight Frank, the global asset management and real estate giant, has signed a deal to relocate its global headquarters to the City of London. The business will relocate from its current HQ at London & Regional’s 55 Baker Street in the West End, where it has been since 2008, to One Liverpool Street after penning an [...]

  • Get on a plane and engage with emerging economies

    April 7, 2025

    At a time of global uncertainty, it’s time to look beyond our traditional trading partners and Britain is uniquely placed to engage with the Commonwealth, says Alastair King Spanning 56 nations across Africa, the Americas, Asia, Europe and Oceania, the Commonwealth is a unique and unrivalled patchwork of skills, innovation and knowledge.  The City of [...]

  • How will Trump’s tariffs impact the UK economy?

    April 3, 2025

    The US president holds up a sandwich board in the Rose Garden. On it is a list of countries. Next to each country are two columns: one for “tariffs charged to the USA” and one for “USA Discounted Reciprocal Tariffs”. The leader of the free world is cooking up a storm.  “Our country has been [...]

  • In a stormy world, the UK can pitch itself as a safe harbour for investment

    March 31, 2025

    The stormy economic outlook overseas creates an opportunity for the UK to act as a safe harbour for investment, writes Chris Hayward.

  • London City 7s: Rugby returns to the HAC in boost for Square Mile

    March 31, 2025

    Those who have trodden the streets of the City’s Finsbury Square and the surrounding area will be well aware of the Honourable Artillery Company (HAC). Guarding the rare expanse of City grass is Armoury House, home of the HAC since 1735. It boasts its own cricket, football and rugby clubs, and is flanked on all [...]

  • London Stock Exchange boss takes home almost £8m despite high-profile delistings

    March 27, 2025

    The chief executive of the London Stock Exchange Group saw his pay packet swell to almost £8m despite the stream of high-profile delistings in 2024. David Schwimmer took home £7.8m for the group’s latest financial year, up from the £5.3m he was paid for 2023. His remuneration was made up of £1.3m in salary, a [...]

  • Whatever business you want to do, do it in London

    March 24, 2025

    The Prime Minister is right to focus on regulating for growth, not just to prevent risk, but this must be complemented by a change in mindset for British businesses, says Alastair King It was heartening to read the Prime Minister’s recent column in City AM on the government’s commitment to cut the cost of regulation [...]

  • ‘I lament the pairing of trainers with suits’: Cheaney shoes’ Jonathan Church on swapping banking for brogues

    March 20, 2025

    Church's shoes Jonathan Church is a veteran of the British footwear business. He tells us why he swapped banking for brogues.

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