TheCityUK: London at risk of losing global financial status in next five years September 7, 2021 The City of London is at risk of losing its status as a global financial powerhouse within five years, the Square Mile’s most influential lobbying body said today. In a new report, TheCityUK worked with 60 financial services groups to set out international strategy proposals to return the UK’s financial capital to being the “world’s [...]
London pollution: The worse the air you breathe, the worse your Covid symptoms September 4, 2021 Exposure to air pollution increases the risk of more severe coronavirus symptoms and hospitalisation with the disease, according to a new report by Imperial College London researchers. In a review of the latest evidence available, the researchers found a strong link between a person’s exposure to air pollution before the pandemic and the worst cases [...]
Back Haiti earthquake relief effort, urges City Corporation September 3, 2021 | City Talk The City of London Corporation has donated £25,000 to a fund set up to support the aid effort in earthquake-hit Haiti – and is urging other City organisations to play their part. The donation to the British Red Cross Haiti Earthquake Appeal from the City Corporation’s International Disasters Fund will help provide urgent relief to [...]
Sadiq Khan supports new London memorial dedicated to Muslims who fought in World Wars September 2, 2021 Sadiq Khan has backed plans for a new London memorial to recognise the contribution of Muslims who fought in the First and Second World Wars. The monument will be the first in the UK to pay tribute to the millions of Muslims who served in the British Armed Forces during the conflicts. The Mayor of [...]
Marble Arch Mound to remain free following mound-ing controversy September 1, 2021 London’s Marble Arch Mound is to remain free, following controversy over its £4.50 to £8 entrance fee and its high-profile ‘flop’. What was supposed to be a £3.3m project swelled into a £6m final bill. “It has become clear that costs have risen more than anticipated and that is totally unacceptable,” Council leader Rachael Robathan [...]
City Moves: Who’s switching jobs in the Square Mile this week? September 1, 2021 City A.M.’s Millie Turner provides a roundup of the most important hires and job moves across the City, every Wednesday afternoon. Email citymoves@cityam.com to be featured. Pictet Wealth Management poaches Goldman Sachs veteran as new CEO Pictet Wealth Management has appointed a Goldman Sachs veteran as its new CEO, following the departure of its long-standing lead Heinrich Adami. Joining next week, Robert [...]
‘Death by PowerPoint’: Next boss on Zoom and the future of remote work September 1, 2021 Next boss Lord Simon Wolfson has said endless video meetings risk “death by PowerPoint” as firms begin to feel the benefit of workers returning to the office. The retail chief, the longest serving chief executive across the FTSE 100, earlier this year likened Zoom calls to lectures – and yesterday warned digital conferences can become [...]
UK global talent visa applications surge during lockdown August 31, 2021 Applications for the UK’s tech visas increased by almost 30 per cent during lockdowns and the pandemic, as the UK continues to attract global talent, according to industry body data. Applications for the Global Talent Visa between April 2020 to March 2021 increased by 28 per cent compared to the same period the previous year, [...]
Lady Diana: Today marks 24 years since Princess of Wales died in a Paris car crash August 31, 2021 Today marks twenty-four years since Diana, Princess of Wales, died in a Paris car crash. The princess – the Duke of Cambridge and the Duke of Sussex’s late mother – was just 36 was she was killed on 31 August 1997. Nearly a quarter of a century on from Diana’s shock death, the statue commissioned [...]
Exclusive: Finance teams go remote as in-house may become a thing of the past August 31, 2021 With more than 75 per cent of adults now fully vaccinated, many employers are calling for a return to the office. However, the UK labour market has seen employees revising their expectations and demand a stronger work-life balance following three strict lockdowns that were defined by remote working. Moreover, the landscape of business management and finance [...]