‘Stone cold loser’: Trump slams mayor of London Sadiq Khan during state visit June 3, 2019 US President Donald Trump slammed mayor of London Sadiq Khan on Twitter only minutes before touching down ahead of his controversial UK state visit this morning. Read more: Trump touches down in London ahead of controversial state visit Trump tweeted that Khan, who has been highly critical of the state visit, “has done a terrible [...]
As a global trading hub, the City is ready to face the challenges of a new digital era June 3, 2019 With changes afoot both domestically and when it comes to our relationship with Europe, it is a challenging and frustrating time for many parts of the City. What we must not lose sight of is that London – and specifically the City – has been at the centre of global trade for centuries, and has [...]
No one-trick pony: How Polo in the Park has brought the sport to the masses June 3, 2019 In 2009, when City workers emerged bleary-eyed and hungover from the financial crisis, partying definitely wasn’t on the priority list. But London’s sombre mood didn’t dissuade Daniel Fox-Davies, who had grand ideas about creating a massive summer social event. The entrepreneur approached his friend Rory Heron to ask if he would work with him on [...]
Square Mile gears up for luxury summer car show June 2, 2019 Thousands of City motorheads are gearing up for a luxury car show in the Square Mile later this week. FTSE bosses, top investors and even a mystery rockstar are on the guest list for this year’s London Concours event, where over a hundred iconic cars worth in excess of £70m will be on display. Read [...]
Driving the City nuts: Square Mile cracks down on peanut sellers June 2, 2019 A band of entrepreneurial peanut sellers in the Square Mile face prosecution following a police crackdown aimed at tackling illegal trading around the City of London. Authorities have been clamping down on the snack traders amid security fears over carts used by vendors containing gas bottles and causing both congestion on narrow pavements and a [...]
Ben Broadbent reappointed as Bank of England deputy May 31, 2019 Ben Broadbent has been reappointed to his role as deputy governor for monetary policy at the Bank of England by the government, the Treasury announced today. Read more: Bank of England: We'll hike interest rates after orderly Brexit It also announced the appointment of the Trades Union Congress (TUC) general secretary, Frances O’Grady, to the Bank’s [...]
HP Sauce changes iconic brown sauce label to show Big Ben covered in scaffolding May 31, 2019 HP Sauce has changed its label for the first time in 123 years to reflect the fact that Big Ben is currently draped in scaffolding. The brown sauce bottle's famous label featuring Big Ben, the Houses of Parliament and Westminster Bridge will now reflect the refurbishment works that have seen Big Ben go silent since August 2017. [...]
London takes top spot in future global cities ranking May 31, 2019 London has taken the top spot in a new global index that has ranked the best cities for future business investment, trumping the likes of Singapore, San Francisco and Paris. The capital has moved from third to first place as the world’s prime contender to be the next top powerhouse, according to the 2019 Global [...]
London business confidence falls in May as Brexit chaos continues May 31, 2019 Business confidence in London fell nine points in May to 10 per cent, according to a study published today. Companies in the London region reported lower confidence in their business prospects, with a 12 point fall to 16 per cent, the report from Lloyds Bank showed. London firms’ hiring intentions showed a net balance of [...]
Welcome to the future: EE 5G lands in London and five other UK cities May 30, 2019 EE’s 5G network went live in six cities today, bringing the new technology to the UK for the first time. Read more: EE and Vodafone ditch Huawei devices from summer 5G rollout London, Birmingham, Manchester, Cardiff and Belfast are the first locations to benefit from the new mobile network, which will offer users data speeds [...]