City Moves: Who’s switching jobs in the Square Mile this week? August 4, 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. TopHat appoints former McLaren group boss as CFO Goldman Sachs-backed housing company TopHat has bagged McLaren’s former boss as its new chief financial officer to join its King Cross offices. Paul Buddin, who left the McLaren [...]
Rishi Sunak renews call for City workers to get back to the office August 2, 2021 Rishi Sunak has renewed calls for young City workers to get back to the office now the government’s work from home order has been dropped. The chancellor recalled how his career as a young investment banker was helped by making relationships in the office with older colleagues. Speaking about a recent visit to Scotland where [...]
RMT union postpones this week’s London Tube strikes August 2, 2021 Two separate Tube strikes planned for this week have been postponed, after the drivers’ union decided to hold more talks with Transport for London (TfL). London was set for travel chaos tomorrow, with a 24-hour drivers’ strike scheduled to begin at midday that was expected to affect the entire network. TfL wants to scrap the [...]
Fancy a Covid jab? Here are all the free walk-in vaccine sites open in London this week August 2, 2021 While every adult can now book their coronavirus vaccine online, there are still sites that accept walk-ins for those eligible. Some sites and times are only for those aged 40 or over, so be sure to check your eligibility. Find your closest site! The full list across London and their eligibility: Based in the South [...]
Treasury appoints Unilever veteran to chair UK Government Investments August 2, 2021 The Treasury has appointed a Unilever veteran as its new chair of UK Government Investments, who will join the board in September. Vindi Banga is set to join UK Government Investments (UKGI), an arm of the Treasury, alongside his current role of chair at charity Marie Curie. The incoming chair is also a senior non-executive [...]
London’s One Palace Green mansion to be turned into luxury flats worth £100m August 2, 2021 London and Monaco residential property company REDD has bought One Palace Green on Kensington Palace Gardens, which it plans to turn into into a luxury residential scheme. Once complete, the Grade II listed mansion originally the London residence of the Howard family of Castle Howard fame, is expected to be worth more than £100 million. The property company [...]
Westminster becomes newest borough to join London’s e-scooter trials August 2, 2021 E-scooters will be rolling out across the West End after Westminster Council and TfL agreed to extend a trial of the new transport tech into the hear of the capital. Westminster has now joined Ealing, Hammersmith & Fulham, Richmond, Kensington & Chelsea, Canary Wharf and Southwark in the trial. The use of privately owned e-scooters [...]
Pandemic fuels fresh business creation as entrepreneurs spy ‘unique’ opening August 2, 2021 The pandemic has been the core reason for some 26 per cent of new businesses opening this year, with most owners confident in turning a profit their first 12 months. The Covid-19 crisis has provided a ‘unique’ opportunity for entrepreneurs, according to new research from fintech firm Tide. With 65 per cent of fresh business [...]
Soggy pizza? Delivery shifts soar as drivers ‘boomerang’ back to old jobs July 30, 2021 The number of temporary delivery drivers ready to pick up shifts has tumbled by over a quarter, new data has found, with many leaving flexible working behind. Thousands have returned to their pre-pandemic professions in hospitality and retail, according to Indeed Flex, the job sites flexible working division. In London, the number of available drivers [...]
London Shepherd Neame pubs pull 60 per cent of revenue on pre-pandemic levels July 30, 2021 Shepherd Neame pubs in London have pulled 60 per cent of their revenue and total sales from 2019 levels before pandemic restrictions eased fully in July. The British brewery, which operates some 310 pubs across the Southeast, found that pubs outside London fared slightly better – raking in 84 per cent of revenue and total [...]