O2 Arena to resume live events in December with Squeeze gig October 5, 2020 The O2 Arena has announced plans to resume live events for the first time in eight months in December with a gig headlined by 70s rock group Squeeze. The Cool for Cats rockers will play to socially distanced fans on Saturday 5 December in the first concert at the east London venue since it was [...]
Bank of America picks insider for new European capital markets role October 5, 2020 Bank of America has promoted a long-standing executive to the newly created position of head of global capital markets for Europe, the Middle East and Africa. London-based Jeff Tannenbaum, who has been with the bank for more than 22 years, started his new role last week, according to an update on his LinkedIn profile. His appointment follows the departure of Sam [...]
High rents force three in four hospitality businesses to consider restructure or insolvency October 5, 2020 73% of London-based hospitality and leisure operators are considering a restructure or insolvency as a result of the economic impact of the ongoing pandemic. Advisory firm Cedar Dean, which surveyed 230 hospitality and leisure businesses with around 2,000 venues across the UK, found that rental obligations are currently the most pressing issue. 86% of London-based [...]
No deal Brexit ‘catastrophic’ for NHS staff and supplies: medical chief October 5, 2020 A hard Brexit will have a “potentially catastrophic impact” on the NHS and its patients and staff, according to the deputy chair of the British Medical Association (BMA). Dr David Wrigley, who is also the BMA’s trade negotiations lead, fears that a no deal Brexit, which seems increasingly likely, would hit patients and staff across [...]
Nomura signs up Deutsche Bank veteran as chief risk officer in London October 5, 2020 Japanese investment bank Nomura has lured Aisling Doyle away from Deutsche Bank to oversee all risk-related matters at its Europen investment arm. Doyle will be based at Nomura’s office in the City, reporting directly to the global group’s chief risk officer, Sotaro Kato, as well as to Jonathan Lewis, CEO of Nomura’s European division and [...]
Businesses plan long-term return to office despite home working boom October 5, 2020 Most businesses will resume using their offices after the coronavirus crisis, despite a shift towards home working, according to a survey of company directors. The research found that 74 per cent of directors said they would keep increased home working arrangements, and half said they would reduce their long-term use of the office following the [...]
DTZ Investors backs London rental market with £70m co-living project October 5, 2020 London real estate firm DTZ Investors will provide £70m for a new “collective living” development, in a show of confidence in the capital’s rental market despite the impact of the coronavirus crisis. The Earlsfield development will be the second property delivered through the fund set up last year by DTZ Investors and co-living firm The [...]
Ride hailing app Ola banned in London October 4, 2020 Uber rival Ola has been banned from operating in the capital by Transport for London
Covid-19 vaccine could be rolled out across the UK in less than three months October 3, 2020 A Covid-19 vaccine could be rolled out across the UK by the end of the month, government scientists have reportedly said. Those working on the AstraZeneca vaccine in Oxford are hoping that regulators approve it within the next three months, The Times reported. A mass roll-out could happen quicker than expected, according to the report, [...]
Square Mile’s street closures could be made permanent October 1, 2020 The City of London Corporation is considering making its new street closures a lasting feature of the Square Mile, it was revealed today. Back in June, the governing body of London’s financial district announced a raft of changes to its streets in a bid to encourage people to return to work. These included introducing wider [...]