Lloyd’s insurance appoints Lord Sedwill to council as deputy chair July 26, 2021 Lloyd’s has today announced that Mark Sedwill will join Lloyd’s council and succeed as the new senior independent director and deputy chair of the insurance marketplace. Bruce Carnegie-Brown, chairman of Lloyd’s, said of the appointment: “As one of the most respected figures in modern British diplomacy, and a former head of the UK civil service, [...]
Prince Harry’s start-up BetterUp heads for London and Munich July 26, 2021 BetterUp, a virtual coaching platform that promises to democratise professional coaching across an entire business enterprise, is heading for Europe as it announced an expansion into London and Munich. The firm, which was co-founded by Alexi Robichaux in 2013 and where Prince Harry is the Chief Impact Officer, has gone from strength-to-strength this year. The [...]
Spider-Man loses it: Five people arrested after violent incident at Asda in Clapham July 24, 2021 Five people have been arrested after a violent incident in a London supermarket. Police were called to Asda on Lavender Hill near Clapham Junction at 10.40pm on Thursday evening to reports of a group of people involved in a disturbance. Video footage posted on social media shows a woman staff member being kicked in the [...]
Exclusive: London Mayor Sadiq Khan welcomes Hongkongers with open arms July 24, 2021 London’s City Hall announced this week it plans to free up £900k to help tens of thousands of Hong Kong migrants to settle in the capital this year. The financial package is part of a wider strategy to help those fleeing the political turmoil in Hong Kong set up home in London. In an exclusive [...]
City back open for business following lifting of lockdown restrictions July 23, 2021 | City Talk The City of London Corporation’s Deputy Chairman of the Policy and Resources Committee, Chris Hayward, today addressed the Court of Common Council, the City Corporation’s main decision-making body, to outline a range of steps being taken to support recovery across the Square Mile. In the first in-person meeting at Guildhall since virtual sessions were introduced [...]
UK’s first fossil-fuel-free development to be built on London’s South Bank July 23, 2021 The UK’s first fossil-fuel-free major property development is set to be built in London and will be worth some £2.5bn. The new South Bank neighbourhood, by property developer Native Land, will see the 1.4m sq ft space known as Bankside Yards be built with zero emissions in operation. It includes more than 350,000 sq ft [...]
Exclusive: London Mayor urges China to respect ‘one country, two systems’ principle in Hong Kong July 23, 2021 London Mayor Sadiq Khan has called on the British government to continue applying pressure on the Chinese government to respect the Sino-British Joint Declaration. In an exclusive interview with City A.M., Khan commented that new laws in Hong Kong have severely limited the rights and political freedom of Hongkongers, which is one of the reasons [...]
Mattress maker Simba posts record profits as rival store closures cushion sales July 23, 2021 London-based sleep-tech company Simba has posted its highest ever half-year profits, as rival store closures cushioned sales. Simba’s first-half sales soared 130 per cent in the weeks to 30 June, in comparison with the same period in 2020. The company, which focuses on mattresses, had already seen strong sales growth of 66 per cent last [...]
Exclusive: London Mayor Khan warns lack of supply in capital pushes up property prices July 23, 2021 The Mayor of London, Sadiq Khan, warned that London’s house price hikes are primarily caused by a lack of available properties. “The main reason is the lack of supply to meet demand. And so what we’ve got to do is increase the supply of all forms of housing in London to meet the demand,” Khan [...]
Ted Baker upgrades London HQ to Gorgeous Brown Building in Fitzrovia July 23, 2021 Ted Baker has traded in its Ugly Brown Building headquarters after 20 years for what will be called the Gorgeous Brown Building in Fitzrovia. The lifestyle and fashion brand had previously owned the Ugly Brown Building in King’s Cross which was sold to British Airways Pension Trustees for £78.8m last year. Shares opened higher in [...]