In pictures: Thousands start queuing to see The Queen lying in state: Route almost 5 miles long with 400,000 capacity September 14, 2022 Thousands of people have begun queuing around central London in a bid to see Her Majesty the Queen lying in state. The line, which can hold up to 400,000 people over the next four days, stretches on for four-and-a-half miles, start on the Albert Embankment near Lambeth Bridge. The route winds down the front of [...]
Working out well: Third Space eyes suburban locations for expansion pipeline September 14, 2022 Luxury health club brand Third Space is eyeing more locations in suburban areas, as opposed to in office hotspots, its CEO has told City A.M. Third Space offers members “a combination of expertise and luxury” and caters to “fitness savvy enthusiasts” as opposed to “first timers”, with members who “like the finer things in life,” [...]
Aveva nears closure on multi-billion-pound Schneider buyout September 12, 2022 London listed software developer Aveva is near to closing a deal that would see it fully taken over by French industrial giant Schneider Electric. The two companies are in discussions for Schneider to acquire the roughly 40 per cent stake in Aveva that it does not already own, at a price of £30 a share, [...]
Gaucho boss: Restaurant menus featuring more seasonal produce could be ‘silver lining’ of high inflation September 12, 2022 Restaurants shifting to more seasonal menus may be the “silver lining” of sky-rocketing food prices, Gaucho boss Martin Williams has said. Hospitality venues have been forced to grapple with heightened prices for vegetables and proteins this year, in addition to energy bill increases that bosses say pose an existential threat to the sector. However, the [...]
Dear Granny: Prince Harry breaks silence on death of The Queen recalling her ‘infectious smile and sound advice’ September 12, 2022 Prince Harry has broken his silence on the death of his “granny”, Her Majesty the Queen, recalling her “infectious smile and sound advice”. The Duke of Sussex issued a heartfelt tribute to his grandmother following her death last Thursday, as three-quarters of a million are expected to flock to London to see her lying in [...]
London’s economy powers through August in ‘growth mode’ as UK stalls September 12, 2022 London’s economy powered through August in “growth mode” despite the UK stalling, a new survey published today reveals. High street bank NatWest’s London purchasing managers’ index (PMI) remained in positive territory in August at 54.9. However, the PMI dropped sharply from 58 in July and was the weakest reading in nearly a year and a [...]
Exclusive: What King Charles III said to well-wishers outside Buckingham Palace September 9, 2022 Thousands are gathering at Buckingham Palace following King Charles’ walkabout after he returned from Balmoral earlier this afternoon. Diana from London met King Charles: “I held out my hand, shook his hand, and I said: ‘Your mother has been absolutely wonderful for this country – and I know you will be too.’ ‘“And he responded [...]
King Charles III greeted by thousands of well-wishers at Buckingham Palace September 9, 2022 King Charles III arrived at Buckingham Palace this afternoon, greeted by tens-of-thousands of well-wishers and floral tributes following the death of Her Majesty the Queen. The new sovereign shook hands with adoring members of the public with shouts of “God save the King” being heard. Kind Charles came to London from Balmoral with Queen Consort [...]
Squire Patton Boggs bolsters London bankruptcy practice in preparation for worsening economic climate September 7, 2022 US law firm Squire Patton Boggs has bolstered its London bankruptcy team in anticipation of worsening economic conditions. The law firm said it had poached five restructuring and insolvency lawyers from rival Brown Rudnick, including Charlotte Møller, the head of the firm’s EU bankruptcy practice. The hires come as Squire Patton Boggs said it anticipates [...]
Birmingham picked as home of UK’s new audit watchdog September 5, 2022 MINISTERS have chosen Birmingham as the home of the UK’s new audit watchdog, in a move that risks an internal backlash at the supervisory body it is set to replace. City A.M. understands the soon-to-be launched Audit, Reporting and Governance Authority (ARGA) watchdog will be headquartered in Britain’s second largest city, Birmingham. The new regulator [...]