The City needs a shake-up for Britain to attract the £1trillion it needs, warns Sir Nigel Wilson September 6, 2024 The UK must unlock a wave of cash from domestic pension funds and revamp the structure of its capital markets to attract the £1 trillion of investment needed to achieve its target growth rate over the next decade, a report by a City grandee has found. The Capital Markets of Tomorrow report, led by former [...]
‘New footing’: Eurogroup president pledges closer ties with City of London as Brexit tensions ease September 4, 2024 The president of the EU’s council of financial ministers pledged closer ties with the City of London yesterday as he hailed a “new footing” in the relationship between Keir Starmer’s government and the bloc.
Letter: As a freeman of the City, I would welcome Taylor Swift! September 3, 2024 I've been reading City A.M. for 15 years or so now & really enjoy it. I've just read Anna's article on Hampstead Heath (& the previous one on Taylor Swift).
‘The mood change is palpable’: UK firms feel Labour lift despite looming tax raid, says Peel Hunt September 3, 2024 The UK economy is “rebounding solidly” and the City of London is reaping the benefits of the Labour government’s ‘growth agenda’ despite fears of an looming round of swinging tax cuts, one of the Square Mile’s top investment banks has said.
Young Londoners spend more time in office than older workers, survey finds September 3, 2024 Young workers in London spend more of their time working from the office than any other age group, an international survey of return to work habits has found. London saw another year-on-year rise in attendance, with average central London full-time workers spending more than half the working week, or 2.7 days, in the office in [...]
Citypoint tower up for sale as owner seeks cut-price deal September 2, 2024 Canadian asset manager Brookfield has put Citypoint tower up for sale in what could be the biggest commercial office sale in the capital all year. Brookfield has reportedly started the sale in the hope of avoiding a default on a £460m loan secured on the building, according to the FT, which it previously extended in [...]
The Square Mile is educating the workforce of the future August 26, 2024 By investing in this generation, we can ensure that our workers and workplaces have the skills to achieve, laying the foundations for the City’s future success, says Chris Hayward Here in the City we have one of the youngest, most highly-skilled workforces in the country: over half of the Square Mile’s 615,000 workers are under 40. And each year we [...]
THG opens new office in the heart of London’s financial district August 19, 2024 THG, a leading global technology platform specialising in e-commerce and end-to-end direct-to-consumer (D2C) solutions, is pleased to announce the opening of its new office in the prestigious Square Mile, the historic financial centre of London. This strategic move further solidifies THG’s presence in the UK’s business capital, reflecting the company’s continued growth and ambition to [...]
A London 2040 Olympics would show investors we mean business August 13, 2024 Investors need to believe London is confident in its long-term future. How better than by bidding for the 2040 Olympics, asks Jace Tyrrell For many in London, the Paris Olympics have brought back fond memories of 2012, while also reminding us of the Games’s unique power to supercharge investor interest in cities. So why don’t [...]
Net zero depends on economic growth – so the City must lead the charge August 12, 2024 Sustainability and economic growth are two sides of the same coin, which is why the City must lead the charge to net zero, writes Chris Hayward In 100 days, global political, business, and climate leaders will have gathered in Baku, Azerbaijan, for COP29. The annual COP meeting is the culmination of a year of hard [...]