Yes, you read that right: Croydon is named a London borough of culture February 11, 2020 The annual London Borough of Culture award is coming to the birthplace of grime superstar Stormzy in 2023. Croydon was named by mayor of London Sadiq Khan as the London Borough of Culture for 2023 today, while Lewisham got the nod for 2021. The South London boroughs will each receive £1.35m to organise year-long programmes [...]
There are more funds run by Daves than by women February 11, 2020 | City Talk The investment industry has a gender representation problem, and more needs to be done, says Holly Black There are more funds in the UK run by men named David than there are female fund managers in total. Of 1,496 UK-listed open-ended funds, 108 are run by managers named David or Dave – equivalent to 7.2% [...]
Sajid Javid: I’ll give the City the flexibility it needs to thrive outside the EU February 10, 2020 Now that we have left the EU, we begin a new chapter in our history. Strengthened by a decade of economic recovery, we will step forward with confidence into an era of unity and renewal. We will level up, decarbonise our economy, and back business. Our world-leading financial services sector will play a crucial role [...]
Sadiq Khan will spend £350,000 to fight the Tulip tower February 10, 2020 City Hall will spend up to £350,000 to defend its decision to reject the planning application for the Tulip tower as Sadiq Khan gets ready to fight an appeal against its developers. The 1,000-foot skyscraper was set to be built by architecture firm Foster + Partners opposite the Gherkin, after its design was approved by [...]
TfL takes control of Woolwich Ferry after ‘unacceptable’ delays February 10, 2020 The Woolwich Ferry will be brought back under Transport for London (TfL) control after being plagued by severe delays under the current contractor. Mayor of London Sadiq Khan announced today that the service would be brought back into City Hall ownership at the end of the year, after deciding not to renew the contract of [...]
Hola, Ola: Meet the latest app to fight for Uber’s London crown February 10, 2020 Transport for London’s (TfL) decision not to renew Uber’s operating licence late last year split commuters down the middle, but the controversial ride-hailing app’s rivals have seized the opportunity to stake their claim to the capital. Uber’s effective ban came over concerns it had not done enough to protect Londoners after TfL identified a “pattern [...]
FTSE 100 firms increase women board representation to a third, review finds February 8, 2020 A third of board positions at companies in the FTSE 100 are held by women, a review has found. The latest report from the Hampton-Alexander Review found 349 women sit on boards at the UK’s biggest firms. The government said the review’s “fantastic work” had seen it hit the target almost a year early. However, [...]
The financial services sector will be key as we chart a new course on the world stage February 8, 2020 The UK’s financial services sector has charted a pragmatic course since the EU Referendum, and recent figures show that it continues to flourish. Indeed, research from Innovate Finance revealed how investment in the UK’s fintech sector reached a record high of nearly $5bn in 2019, with industry growth far outstripping that of the US, China, [...]
Sadiq Khan urged to end ‘culture of cronyism’ February 6, 2020 Sadiq Khan has been accused of presiding over a ‘culture of cronyism’ in City Hall after his night czar was paid an extra £1,000 for taking part in a drag act to mark the 2019 borough of culture celebration. The mayor gives £1.3m to the winner of London’s borough of culture which in 2019 was [...]
Free the e-scooters and unleash a British transport revolution February 6, 2020 The e-scooter revolution is happening at breathtaking speeds — but because of archaic laws, the United Kingdom is missing out. E-scooters can be legally purchased in Britain, and have become an increasingly common sight on the streets. They are, however, unlawful for use on public roads, cycle paths and pavements under the Highways Act 1835 [...]