Leaked text messages: Boris Johnson called Matt Hancock ‘totally f***** hopeless’ June 17, 2021 Boris Johnson described Matt Hancock’s performance when it came to mass testing in the early days of the Covid-19 pandemic as “totally f****** hopeless”, Dominic Cummings has claimed. Treasury minister Jesse Norman said today that the Prime Minister’s is “firmly behind” the health secretary after the messages emerged. “I think this is some of the [...]
Close to home: Demand for city centre offices drops as hybrid working picks up June 16, 2021 Suburban office markets outperformed city centres for the first time in ten years, with six out of nine major cities seeing a drop in workstation rates. Research published today found demand was driven by workers rejecting both working from home and returning to crowded cities. The shift to smaller towns was also influenced by companies [...]
Listing bonanza: Here are the IPOs to watch out for this year June 16, 2021 Building on the momentum seen towards the end of last year, IPO activity in London is surging so far this year. However, Deliveroo’s recent IPO flop demonstrates that success is far from guaranteed. City A.M. compiled an overview of the UK, US and international IPO contenders to watch this year as the global economy recovers. [...]
Shock verdict: London teenager Nora Quoirin did not die because of ‘misadventure’, Malaysian court rules June 16, 2021 A Malaysian High Court today crushed a coroner ruling that the death of London teenager Nora Anne Quoirin, whose body was found near a jungle resort, was likely to have been due to a misadventure that did not involve other people. High Court judge Azizul Azmi Adnan agreed with Nora’s parents that it would not [...]
City Moves: Who’s switching jobs in the Square Mile this week? June 16, 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. CBRE board bags ex-BlackRock real estate lead A former head of global real estate at investment heavyweight BlackRock is set to join real estate services firm CBRE in June. Marcus Sperber [...]
The return to normal: A timeline for businesses opening the office June 16, 2021 | Sponsored As businesses begin to reopen their offices, Oktra’s workplace specialists outline concrete steps for moving forward in the return to work. With 69% of UK CFOs expecting the bulk of their workforce to return to the office in the third and fourth quarter of 2021, and 43 of the UK’s top 50 companies embracing a [...]
Ex-Barclays CEO Antony Jenkins’ BlackRock-backed fintech firm raises $187m June 16, 2021 Ex-Barclays CEO Antony Jenkins' BlackRock-backed fintech firm raises $187m
Howard Davies: Heathrow airport expansion ‘not needed at the moment’ June 16, 2021 Howard Davies: Heathrow airport expansion 'not needed at the moment'
London murder probe: Human remains found in Neasden in search for 20-year-old Agnes Akom June 15, 2021 Human remains have been found in the search for 20-year-old suspected murder victim Agnes Akom. Metropolitan Police officers found the remains in Neasden Recreation Park near Cricklewood in north-west London. Formal forensic identification has not yet taken place, but Ms Akom’s family have been informed and are being supported by specially trained officers. The Hungarian [...]
World Wide Web code by London-born Tim Berners-Lee auctioned as NFT June 15, 2021 The World Wide Web’s original source code that was written by its inventor Tim Berners-Lee is up for sale as part of a non-fungible token. With bids beginning at just $1,000 at auctioneers Sotheby’s, the digitally signed Ethereum blockchain non-fungible token (NFT) is a unique digital asset that records ownership. With the rise of cryptocurrencies, [...]