Workspace firm IWG in talks to list standalone US business in New York August 24, 2019 Founder of International Workplace Group (IWG), Mark Dixon, is in talks with investment banks to create a spin off its US business to be listed as a separate company in New York, according to Sky News. Dixon’s standalone business would become a publicly traded rival to WeWork, which is targeting a valuation of $50bn from [...]
Notting Hill Carnival 2019: Everything you need to know about London’s best summer parade August 24, 2019 Notting Hill Carnival is back this weekend and hoping to be better than ever. Here, City A.M. provides you with everything you need to know about Europe’s biggest street festival. Last year around 2m people attended the annual event over the course of the weekend, which showcases London’s multicultural past and present. What is it? [...]
UK’s first contactless car vending machine unveiled in London August 21, 2019 Londoners in desperate need of a brand-new car can now snap up a set of wheels instantly, thanks to the UK’s first contactless vending machine. The bespoke vending machine, installed today in Spitalfields Market, allows motorists to purchase a new car on the spot via a contactless payment on their phone. The stunt, carried out [...]
Bureaucratic boroughs risk holding London back in the 5G race August 20, 2019 Despite the hype around the latest handsets and a commitment from the new cabinet to prioritise connectivity, London risks losing out on the 5G opportunity. Much has been made of the country’s struggles to keep up with international competitors in the race to deliver world-class connectivity, while our imminent departure from the EU places greater [...]
Give Corbyn some credit – he helped to deliver Brexit August 20, 2019 When the history books are written, Boris Johnson may well be remembered as the man who delivered Brexit. But there is someone else who would deserve almost as much credit for Britain’s departure from the EU: Jeremy Bernard Corbyn. Admittedly, Corbyn’s current role in enabling Brexit is mostly involuntary. It turns out that he is [...]
Netflix snaps up Uxbridge production space in latest UK push August 19, 2019 Netflix has signed a deal to rent out production space in Uxbridge, just weeks after it unveiled its new UK hub at Shepperton Studios. City A.M. understands that the US streaming giant is set to take a 134,000 square feet unit called UX1 in an industrial park in west London as part of a 10-year [...]
Man charged over Home Office stabbing August 19, 2019 A man who allegedly stabbed a government worker outside the Home Office last week has been charged, police said this morning. Dominic Hornberger, 29, will appear in front of Southwark Crown Court on 13 September, Scotland Yard confirmed. Read more: Home Office stabbing: Man’s injuries ‘not life-threatening’ as police cordon off area Armed police responded [...]
Results are in, now businesses across the City must level up to boost social mobility August 19, 2019 Last week saw pupils across the UK celebrate their A-level results. A lot of hard work and dedication goes into preparing for these exams – not only from the pupils themselves, but also from teachers, support staff, school governors, and parents. The City of London Corporation, which manages 10 high-performing academies across London’s boroughs, was [...]
Home Office stabbing: Man’s injuries ‘not life-threatening’ as police cordon off area August 15, 2019 A man in his sixties has been taken to hospital with injuries that are ‘neither life-threatening nor life-changing’ after being stabbed outside the Home Office this afternoon, police have confirmed. The Metropolitan Police (Met) said another man, aged 29, has been arrested on suspicion of grievous bodily harm and suspicion of CS spray following the [...]
Climate protesters throw red paint at Brazil’s London embassy August 13, 2019 Climate change protesters covered Brazil’s London embassy with red paint this morning, as outrage grows over the fate of the Amazon rain forest under President Jair Bolsonaro. Two Extinction Rebellion activists climbed onto a glass awning above the embassy’s entrance, while others fixed themselves to the windows with glue. They left red hand prints and [...]