Cough up £10m to keep 15th century statuette of Saint Christopher in London June 4, 2021 A 15th century German statuette of Saint Christopher will be shipped out of the UK unless a buyer willing to spend £10m on it can be found. The late Gothic statuette was a gift to the Monastery of Kaiserheim in South Germany in 1493 and shows the Saint wading through a river, holding a staff [...]
London’s ‘unsung bridge’ lights up to mark its 100th birthday June 4, 2021 | City Talk It has survived a bombing during the Blitz, witnessed tragedy on the Thames and appeared in a Harry Potter film… this weekend one of London’s unsung bridges marks its 100th birthday. Unlike most centenarians, Southwark Bridge won’t get a telegram from the Queen, but it did receive a royal christening, opened amid pomp and ceremony [...]
Exclusive: Government set to take ‘gentle’ approach to get people back to the office June 4, 2021 The government is set to take a “gentle” approach in getting people back to the office this summer, with working from home advice also expected to be scrapped on 21 June if the roadmap goes ahead as planned. Government sources told City A.M. that ministers will not take a hardline approach to get people back [...]
Survey: Skimpy pay packets stop most Londoners from buying dream home June 4, 2021 Skimpy pay packets were the most likely reason Londoners could not get their dream home, according to a survey today, as the average budget for a capital property has swelled to £384,130. Earnings stopped 33.05 per cent of those surveyed by Money, while deposit building and mortgage availability were the next two big worries for [...]
Russia’s Nordgold plots London IPO after gold price climb June 3, 2021 Russian mining giant Nord Gold has confirmed its plans today to hold an initial public offering (IPO) in London, after reaping the benefits of rising gold prices. The company, known as Nordgold, is plotting a free float of at least 25 per cent while it also plans another listing in Moscow, the group said today. Investor [...]
Chartered Accountants will bring about lasting change by embracing sustainability June 3, 2021 | City Talk Anne Adrain says now is the time for Chartered Accountants to spread their ESG skills throughout the business sector. Environmental, social and governance (ESG) concerns are mainstream and critical to business success. Yet, despite the speed with which customer and investor thinking has evolved, many firms haven’t adapted accordingly. That’s where Chartered Accountants (CAs) come [...]
North London man charged with murder of flower seller Tony Eastlake in Islington June 2, 2021 A 21-year-old man was charged this evening with the murder of a flower seller who was fatally stabbed close to his stall in north London, the Metropolitan Police said. Tony Eastlake, 55, known as the “flower man of Islington” by customers and his local community, died from a knife wound after being attacked on Essex [...]
Publisher Bloomsbury enjoys record year as books offer lockdown escapism June 2, 2021 Publishing house Bloomsbury has posted record results for the year as Brits reached for the escapism of reading during a series of lockdowns. “The popularity of reading has been a ray of sunshine in an otherwise very dark year. In an outstanding year for Bloomsbury, we delivered record results,” chief executive, Nigel Newton, said in a [...]
Road trip: Traffic returns to pre-pandemic levels as restrictions ease June 2, 2021 After stay-at-home orders kept roads clear, traffic during weekdays is finally matching pre-pandemic levels, according to data by the Department for Transport today. Traffic on Friday soared 104 per cent past the equivalent weekday in February 2020, largely helped by the Bank Holiday weekend, for the first time since the lockdowns began. Vehicles hitting the [...]
City Moves: Who’s switching jobs in the Square Mile this week? June 2, 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. Brown Advisory expands London office with senior hires Investment management firm Brown Advisory has bolstered its London office this week with two senior hires as its collection of assets hits $15bn. [...]