The City is paying the price for Britain’s energy failure May 18, 2026 High, unstable energy costs don’t stay in the energy sector. They get absorbed into operating margins, debt-service forecasts, insurance assumptions, infrastructure returns, and the discount rate applied to British assets, says Alan Chang The City does not need another price shock to understand Britain’s energy problem. Markets are already pricing the risk. Renewed tensions with [...]
Pan Pacific London director: The City is ‘incredibly special’ May 15, 2026 We have launched the Toast the City awards 2026 and throughout the year we’ll be speaking to some of the nominees. Today we caught up with Pan Pacific London director of marketing communications Michelle Whittemore, whose hotel has been nominated in the Best Overnight Experience category. To nominate your favourite Square Mile spots, from bars [...]
The City pub boasting taxidermy boar, deer and squirrel April 29, 2026 Our Toast the City Awards celebrating the best of the Square Mile returns later this year. Adam Bloodworth dines at City pub The Jugged Hare WHAT’S THE VIBE? At The Jugged Hare, I pass a boar growling at me. It has been upturned and beheaded and presented unceremoniously on a dining table. Fierce-eyed boars, slender [...]
The King’s Speech is a test of whether the UK is serious about growth April 24, 2026 For the government to prove it means what it says about growth, it should include a Financial Services Bill in the King’s Speech, says Miles Celic When the King’s Speech is delivered in the coming weeks, it will be read as a signal not just of legislative intent, but of economic credibility. For a government [...]
Wall Street bankers’ bonuses leapfrog City in ‘less impressive’ year April 14, 2026 Wall Street bankers have leapfrogged ahead of the City as the industry’s swelling bonus pot proved “far less impressive” than prior expectations. In the US, the average bonus scored was $154,344 (£114,00) in 2025, marking a 5.85 per cent uplift from the year prior. This also topped the industry average growth of 4.4 per cent. [...]
Grounds for expansion: Airwallex’s Europe chief bets on London in licence pursuit March 6, 2026 As payments giant Airwallex laid out plans to double down on Europe, they turned to a man with experience at a multi-billion dollar deposit holder. The $8bn cross-border specialist was looking for someone to steer the ship amid expansion plans across Europe but in that endeavour didn’t poach a veteran of Wall Street or the [...]
Nigel Farage: Reform will tax the banks even if they don’t like it January 22, 2026 Nigel Farage has confirmed Reform will slap a tax on the UK’s banking giants in the latest dramatic escalation of his party’s tensions with the City. Speaking at the World Economic Forum in the Davos, Farage said: “This will be tough for banks to accept but I am sorry – the drain on public finances [...]
Office demand outstrips construction as new starts plummet January 20, 2026 New London office construction starts have fallen to their lowest level since 2004, just as businesses up their demand for workspace, says Joanna Hodgson On a frosty Wednesday last week, the famed panoramic view from north London’s Alexandra Palace, featuring a host of landmarks including the Shard and HSBC Tower, had an abundance of cranes [...]
Galvin La Chapelle launches menu to celebrate Toast award January 15, 2026 I have written about restaurants for this newspaper for some 15 years – but my latest visit to City institution Galvin La Chapelle was a first: reviewing a menu designed to celebrate winning a City AM award. Last year we hosted the first Toast the City awards, celebrating the things that make the Square Mile [...]
Lady Mayor’s Show: Dame Susan Langley champions innovation in the Square Mile November 8, 2025 On Saturday, for the first time in nearly 700 years, the City of London’s Lord Mayor’s Show has been renamed the Lady Mayor’s Show. This follows the election of Dame Susan Langley DBE as the 697th Lord Mayor of London. While she is the third woman to hold the post, Dame Susan is the first [...]