Rising private equity star on making it in the City as a woman in 2020 December 3, 2020 Diversity and equality are increasingly on the radar of City firms. Serious priorities or mere marketing spiel? City A.M.‘s Michiel Willems sat down with Sunaina Sinha Haldea, founder and CEO of Cebile Capital, a London-based placement agent and secondaries advisor in private equity and infrastructure. The Harvard graduate is also an angel investor and serves [...]
Salaries to increase next year as companies move to lift pay freezes December 3, 2020 UK private sector workers are set to receive average pay rises of 2.4 per cent in 2021, according to data released by Willis Towers Watson this morning. The number of UK companies expecting to freeze pay is expected to fall sharply next year, in a further sign of cautious optimism for 2021. The more upbeat [...]
Exclusive: Andy Bell warns ‘we’ll all feel the pain of negative interest rates’ December 3, 2020 As the Bank of England mulls the introduction of negative interest rates AJ Bell’s chief executive has told City A.M. customers will suffer as a result. The central bank has already slashed interest rates to a record low of 0.1 per cent to support lending through the pandemic. “We’ve discussed how we’d deal and cope [...]
Only 3,600 households have signed up to Sadiq Khan’s energy company December 3, 2020 Fewer than 4,000 London households have signed up to Sadiq Khan’s green energy company that he set up this year for £3.2m. City Hall figures shows that London Power has just 3,658 customers, meaning City Hall has spent £875 per customer. London Power, which is run by Octopus Energy, was set up by City Hall [...]
Snakes and Ladders: Who is moving jobs in the City this week? December 3, 2020 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. Firms are continuing to adapt to the challenges and opportunities presented by the pandemic as they vie to be in prime position to recover from the economic fallout of the crisis. This week, [...]
Square Mile comes back to life as second lockdown ends December 2, 2020 As London emerges from the second lockdown there are tentative signs that life is returning to the City. London today entered Tier 2, representing a slight easing of lockdown restrictions, just as news of the Pfizer/Biontech vaccine approval landed in the Square Mile. City leaders breathe a sigh of relief Gyms, barbers and beauty salons [...]
Covid-19’s spread across the capital December 2, 2020 Covid-19's spread across the capital in March and April has been well documented - but where were the first confirmed cases, and how did Covid-19 in London spread across the 32 boroughs.
From today London is in Tier 2: Do you know all the new rules? December 2, 2020 The covid-19 restrictions have been strengthened since before the lockdown, so what are the new rules for work, home and socialising now that London's in Tier 2
London set for major new music venue after £1.3bn Olympia revamp December 1, 2020 London’s music scene will be given a much-needed boost with the launch of a major new music venue as part of a £1.3bn overhaul of the Olympia exhibition centre. The iconic west London site, which first opened its doors in 1886, has played host to some of the biggest names in pop and rock, including [...]
London festive travel guide: How to get around safely this Christmas December 1, 2020 UK leaders have agreed to lift coronavirus lockdown restrictions over the festive period, granting families the chance to see their loved ones for Christmas. Under the plans, members of up to three different households will be able to form an exclusive bubble between 23 and 27 December. Transport secretary Grant Shapps has warned Brits to [...]