Brexit requires Westminster to demonstrate clarity, compromise and collaboration February 14, 2019 Fewer than 50 days separate us from 29 March, the date that Britain is formally due to leave the European Union. It has been 22 months since Article 50 was triggered, and Brexit strategising and negotiations with Brussels have taken the nation on a journey that few could have predicted. Politically, Britain is currently locked [...]
Aim-listed startup Loop Up’s share price climbs as profits beat expectations February 12, 2019 Shares at audio conferencing provider Loop Up rose almost nine per cent today as it told investors that profitability is “comfortably ahead” of expectations. The London-listed software firm added that revenue was in line with analyst forecasts in today's trading update for its 2018 financial year. Read more: Trade skyscrapers on a real estate stock exchange [...]
How data will power the cities of tomorrow February 12, 2019 By 2050, it is estimated that 68 per cent of the global population will live in cities – an influx of over 2.5bn. With that many people living in urban areas, it is clear that making cities work better is key to creating a safer, more sustainable world. Local issues are now global issues, and cities [...]
Despite Brexit uncertainty, City links across the Irish Sea continue to flourish February 11, 2019 Amid the ongoing debate about the Irish border and the Brexit backstop, it would be easy to lose sight of the City’s flourishing links across the Irish Sea. Both Northern Ireland and the Republic of Ireland share a long history with the Square Mile. These ties have grown in recent years as the City Corporation [...]
HSBC chair Mark Tucker set to head up influential City lobbyists TheCityUK February 11, 2019 The chairman of HSBC Holdings has emerged as the frontrunner to head the board at one of the City’s main lobby groups replacing fellow banker John McFarlane. Mark Tucker is set to be announced for the role at TheCityUK in the coming days as outgoing Barclays chairman McFarlane steps down in the spring, Sky News [...]
London named Europe’s top destination for international tech talent February 7, 2019 London has been named the top city in Europe for international technology talent, winning the title for a second consecutive year. The capital attracted more European and non-European tech professionals than any other major city on the continent last year, according to research revealed today by London & Partners. London also comes out on top [...]
Donald Trump set to return to London for Nato meeting February 6, 2019 Donald Trump looks set to visit London for the second time as US President later this year. Trump will likely be one of the Nato leaders to descend on the capital in December as the alliance celebrates its 70th year. Read more: UK warns of further sanctions on Russia after cyber attacks Nato secretary general [...]
Weathering the storm: City expects minimal Brexit impact on jobs February 5, 2019 The number of City jobs expected to move overseas in the event of a hard Brexit has fallen to just 2,000 – according to the latest survey of financial institutions. A Reuters study also suggests that investment banks are planning to increase their London headcount. In September, the Reuters survey showed that 5,766 jobs would [...]
Stop the inter-city infighting – London can lead a network of UK urban centres February 5, 2019 There’s no more money in the pot. Tightening local budgets have poured fuel over already heated debates on London’s role as a capital, with most Brits now believing that the city gets more than its fair share of public spending. Badly-timed or seemingly imbalanced funding announcements that appear to give major new transport projects in London [...]
An end to gridlock? How artificial intelligence could help get London moving again February 4, 2019 London is a truly remarkable city – an economic powerhouse and a cultural destination without equal. It’s a magnet to millions, and rightly so. But it’s a terrible irony that this fast-moving, fast-living, fast-earning metropolis is stuck in traffic so much of the time. We simply cannot move. According to traffic data company INRIX, London [...]