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City of London

  • Goldman-backed Petershill sees private equity activity picking up

    May 23, 2024

    "Crucially, we have maintained our high bar for new acquisitions as we seek out high performing sector specialist Partner-firms," the partners continued.

  • 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.

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