BP and Heathrow join new BCC business council pitched as CBI rival June 5, 2023 Top global firms have led the charge to support a new rival to the under-fire CBI lobbying organisation. Energy giant BP, power firm Drax, Heathrow Airport and international hoteliers IHG have become founding members of the British Chambers of Commerce (BCC) business council. The organisation is set to take on the Confederation of British Industry [...]
London seals European finance investment crown every year since Brexit June 5, 2023 London is beating away the dire warnings that Brexit would knock it off its perch as Europe’s top finance hive and is even drawing in more investors amid high inflation and interest rates, a new report out today unveils. Foreign investors pumped cash into 46 financial services projects in the capital last year, up from [...]
Blacklock founder Gordon Ker on the rise of Canary Wharf May 31, 2023 I’ve wanted to open a restaurant in Canary Wharf for a while. I love the rich history of the nearby Docklands and Billingsgate Market, the diverse demographic of office goers and local residents that live and work there. But going from an old basement brothel in Soho or a furniture factory in Shoreditch to a [...]
Non-alcoholic beer maker Big Drop signs licensing deal with In Good Company May 25, 2023 Leading non-alcoholic beer maker Big Drop has secured a licensing agreement with Bermondsey-based brewer In Good Company in a bid to expand its business across the UK, US, and Australia.
London takes global tech capital crown from New York May 25, 2023 London has been ranked as the world’s most high-tech city snatching the top spot from New York, according to new research shared exclusively with City A.M. The capital scored top marks for its world-leading financial services, deep talent pool as well as the quality of its business environment and international reputation, according to Z/Yen Group’s [...]
Sadiq Khan hosts crunch business talks with City figures May 23, 2023 Sadiq Khan has warned London’s businesses are facing “the most difficult period in living memory” as a result of Brexit, the Covid-19 pandemic and the inflation crisis. The Mayor of London has called for the government to devolve some immigration powers to City Hall as a means of tackling regional labour shortages sparked by the [...]
London is full of talent, but that will soon change if we don’t build for the future May 15, 2023 Like a solid lower-league football manager, business secretary Kemi Badenoch recognises that the most important thing in life is talent. In her interview with us today, she says the capital will remain at the top table of global finance on the grounds that London will continue to be a magnet for the world’s best and [...]
London Mayor: Two Tories officially throw their hat in the ring to take on Sadiq Khan May 9, 2023 Ex-Boris Johnson advisor Samuel Kasumu and former City Hall Tory chief Susan Hall have announced they plan to stand as Conservative candidate to run against mayor Sadiq Khan. The news came as the party opened the race to decide its mayoral pick ahead of a July 19 deadline, giving the chosen name 10 months to [...]
Tesco chairman accused of inappropriate behaviour, Guardian reports May 9, 2023 The Tesco chairman John Allan has been accused of alleged inappropriate behaviour relating to four women, according to reports in the Guardian. Allan, the newspaper claims, allegedly touched the bottom of a senior female Tesco staff member in June 2022, at the firm’s annual general meeting (AGM). He also allegedly touched the bottom of a [...]
WATCH: RNLI’s Tower lifeboats called out from new London station for the first time May 4, 2023 London’s busiest lifeboat rescue crew sprung into action from its new Waterloo Bridge home for the first time this week. The Tower team of the Royal National Lifeboat Institution (RNLI) launched from its newly-created multimillion pound station , after the dilapidated old one was towed away in January. Its previous station, which had parts of [...]