Tax from UK’s financial sector pays for the country’s entire education budget May 21, 2024 "Financial and related professional services are a significant and consistent source of tax revenue for the government," Miles Celic, chief executive at TheCityUK, said.
Worst corporate jargon of the week: Put a pin in it May 16, 2024 The apocalypse may be nigh, but jargon users will be putting a pin in that until the four horsemen make a proper appointment, thank you.
City minister: Pension funds need to start pumping cash into London’s stock market May 15, 2024 UK pension funds need to start pumping cash into London’s stock market “fast”, the City minister will say today, in another warning shot at the sector as government tries to channel a wave of cash into the City.
In a dangerous world, standards matter more than ever May 13, 2024 International standards define what great looks like – setting consistent benchmarks for businesses, consumers and nations, says Michael Mainelli A world ordered for decades by globalization and geoeconomics has quickly become a world grounded in geopolitical risk. The Israel-Hamas conflict grinds on, tensions between Iran and Israel remain high, the Russo-Ukrainian war continues, and cyberattacks have become more frequent and [...]
NATO must commit 2.5 per cent defence spending, Cameron to argue May 9, 2024 NATO allies must commit to spending 2.5 per cent of GDP on defence, amid the need for a “harder edge for a tougher world”, David Cameron will say.
The City is a model of good local government (kind of) May 8, 2024 Local government in the UK is a mess, but the ancient system we have in the City is more accountable than most – and the whole country benefits, says James Price Mothin Ali, an accountant who also runs a gardening blog, declared his election as councillor for the Gipton and Harehills ward in Leeds a [...]
Former Lord Mayor William Russell elected chair of Barbican Centre Board May 3, 2024 Former Lord Mayor of the City of London William Russell has been elected chair of the City of London Corporation’s Barbican Centre Board.
Goldman Sachs to scrap bonus cap for London-based staff May 2, 2024 "We are a global firm and to the extent possible we adopt a consistent global approach across everything we do," Gnodde said.
Booming tech sector helps London reclaim crown as Europe’s FDI capital May 2, 2024 London returned to its top spot as Europe's most important destination for foreign direct investment (FDI), new figures show.
City mounts final push to topple FCA’s ‘name and shame’ plans April 30, 2024 Top City groups have rounded on the Financial Conduct Authority (FCA) again today as a consultation on its controversial plans to ‘name and shame’ firms under investigation comes to a close.