City of London’s prospects as global derivatives capital remain bright February 25, 2021 UK-based financial institutions have used the past four years to develop and implement (re)location strategies, working on the assumption of a harder Brexit and lose historic passporting rights, and hence unfettered access to EU markets. As things stand, London does indeed not have any equivalence agreements in place with the EU. This explains why we [...]
Exclusive: Square Mile veteran Joe Nally looks back on 45 years in the City February 25, 2021 Tomorrow, Joe Nally will retire from Cenkos Securities, a firm he co-founded 18 years ago, after a career of more than 45 years in the City. Nally, who was previously a partner at Williams De Broe, is one of the few remaining individual members of the International Stock Exchange of London who is still working. [...]
London Tories slam Sadiq Khan’s council tax rise in rival budget February 25, 2021 City Hall Tories are calling on Sadiq Khan to scrap an almost 10 per cent rise in his share of council tax bills. In January the Mayor of London announced plans to hike taxes to create an estimated £40m for concessionary travel programmes. “Council tax is a regressive tax but the Government have left us [...]
City A.M. TV: Daily Market Snapshot (video) February 25, 2021 City A.M. TV: Daily Market Snapshot (video)
Goldman Sachs boss David Solomon: Working from home is not the new normal February 25, 2021 Goldman Sachs boss David Solomon: Working from home is not the new normal
Exclusive: Purity Hemp CEO on the UK’s fast-growing medical cannabis market February 24, 2021 After losing his sister to cancer and his best man to an opioid addiction, Canada-born, London-based Michael Walker felt he should explore alternative healthcare options so not to rely on Big Pharma. The former head of marketing at Heathrow Express left the advertising industry in 2016 to set up his own company, the Purity Wellness [...]
City Corporation approves third tower in a month as developers back Square Mile’s future February 24, 2021 | City Talk The City of London Corporation has today (24 February) approved a new 38-storey development at 2 Finsbury Avenue, making it the third tall building to receive planning permission in the Square Mile in 2021. The newly approved office-led development, by British Land and GIC, aims to become an innovative, inclusive and sustainable place to work, [...]
City Moves February 24th: Who is switching jobs in the Square Mile this week? February 24, 2021 Snakes and Ladders provides a roundup of the most important hires and job moves across the City, every Wednesday afternoon. Email citymoves@cityam.com to be featured. This week we see appointments to the British Property Federation ahead of a pinnacle year for the high street. Deloitte has welcomed a fresh lead to the firm’s creative branch which launched in [...]
Super-rich opt for London despite temporary exodus amid pandemic February 24, 2021 London’s standing as a home for the super rich to live, invest and do business in has been unchanged during the pandemic.
Shaun Bailey: Mayor’s £70m Good Growth Fund created only 109 jobs since 2017 February 23, 2021 Mayor Sadiq Khan faces criticism from Shaun Bailey over Good Growth Fund which has only produced 109 jobs