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  • London Stock Exchange hit by technical issues, market data not available

    October 22, 2021

    The London Stock Exchange is this morning hit by technical issues. Market data is currently not available on the site. “We are investigating a technical issue on www.londonstockexchange.com.  Market data is not displaying as expected,” the company runs in an error message. It stressed that other services across the Group, including London Stock Exchange and [...]

  • City Moves: Who’s switching jobs in the Square Mile today?

    October 22, 2021

    City A.M.’s Millie Turner provides a roundup of the most important hires and job moves across the City, every morning. Email citymoves@cityam.com to be featured. Seraphim Space Manager of London-listed Seraphim Space Investment Trust, Seraphim Space has poached Virgin Management’s former Investment Director. Joining the firm immediately, Andre Ronsoehr has been appointed to help build out Seraphim’s space investment portfolio. While at [...]

  • City’s CO2 emissions slashed by more than 60 per cent in 15 years

    October 21, 2021

    Carbon emissions in the City of London have plummeted by more than 60 per cent in the past 15 years, according to the latest data. While emissions in Westminster halved in the period between 2005 and 2019, the Office for National Statistics (ONS) found. It comes as the capital plans to extend its ultra-low emission [...]

  • Exclusive: Team work, customer service and product quality biggest casualties of the pandemic

    October 21, 2021

    As workers have returned to the office, many companies are looking to break bad habits that have been formed during the Covid-19 pandemic. Working together and team collaboration, or rather the lack of, may be one of those. More than wo fifths of UK employees said their company became a less appealing place to work [...]

  • As footfall in the City climbs, widespread concerns about productivity take hold

    October 21, 2021

    As footfall in the City of London hit 39 per cent of pre-pandemic levels last month, its highest rate since early 2020, new findings reveal widespread concern about productivity as hybrid working models set in post-pandemic. The findings show that over half (51 per cent) of UK business decision makers are worried about productivity in the [...]

  • CAZ and ULEZ could cost city drivers up to £40m per month

    October 21, 2021

    Ultra-low emission zones (ULEZ) and clear air zones (CAZ) could cost 110,000 people that drive through them in London and Birmingham up to £40m per month, warned digital bank Zopa. In a research published, today the bank revealed that – as the ULEZ charge is set to expand on 25 October – purchasing a ULEZ [...]

  • COP26: Khan to call for cities like London to have greater powers and funding

    October 20, 2021

    London mayor Sadiq Khan will use the upcoming COP26 to vouch for cities like London to have greater powers and funding. It forms part of the mayors bid to “tackle the twin dangers of the climate emergency and toxic air pollution”, his spokesperson told City A.M. “The mayor will use COP26 to highlight how London is [...]

  • Marble Arch Mound saga: Westminster Conservatives ‘lack financial control’, says Labour councillor

    October 20, 2021

    Labour Westminster councillor Paul Dimoldenberg has accused the council of being ‘untrustworthy’ with public money following the £6m Marble Arch Mound saga. The Westminster Council yesterday published its internal review into how the costs for the project swelled from £2m to £6m within a matter of months. “The £6m Marble Arch Mound fiasco has shown [...]

  • Met Police: Officers to use video calls to verify themselves to lone women

    October 20, 2021

    Plain-clothes police officers stopping lone women will be able to confirm their identity through a video call, says Commissioner Dame Cressida Dick. The commissioner told the police and crime committee at City Hall that she will soon be launching the “Safe Connection” initiative. The initiative will allow plain clothes officers to verify themselves via video [...]

  • London’s Satellite Vu bags £15m in Series A as it plots to decarbonise the housing sector

    October 20, 2021

    London-based space tech scale-up Satellite Vu has raised £15m in Series A funding, as it readies plans to launch seven thermal and infrared imaging satellites into orbit. The satellites will be able to provide real-time data on how green, or energy efficient, every building on the planet is – as the UK seeks to decarbonise [...]

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