Thousands expected to march for second EU referendum in London October 20, 2018 Thousands of people are expected to march in central London today for a final referendum on the Brexit deal, the so-called people’s vote. Read more: UK ready to agree Irish backstop deal to speed Brexit talks The march started at midday in Park Lane and finishes in Parliament Square where marchers will hear speakers, including TV [...]
Trust in the City October 19, 2018 | City Talk Global Ethics Day was on 17 October. Now in its fifth year, this regular calendar event was created by the Carnegie Council to mark its centenary in 2014. The broad theme this year was ‘ethics in action’, and we partnered with the Carnegie Council and CFA Institute to produce a series of films called Ethics [...]
Hate preacher Anjem Choudary released from jail October 19, 2018 Islamist hate preacher Anjem Choudary has been released from jail today after serving half of his sentence. The notorious extremist, who once led banned network al-Muhajiroun, was released from Belmarsh prison this morning halfway through his five-and-a-half year sentence for inciting support for Isis. Read more: Mystery banker’s wife loses anti-corruption order appeal Choudary, from [...]
A prank left in tatters: Banksy reveals auction shredding did not go to plan October 18, 2018 The art world was captivated earlier this month when a painting by Banksy was partially shredded at an auction. Now, however, it seems that the infamous stunt was not one that went according to plan. A new video released today reveals that Banksy’s intentions had been to destroy the entire artwork, known as Girl with Balloon, [...]
London is the best place in the world to start a business, says Innocent co-founder Richard Reed October 18, 2018 London is the best place in the world to start a business, according to Innocent Drinks co-founder Richard Reed. The investor, who set up venture capital fund Jam Jar Investments after selling his smoothies business to Coca-Cola for more than £380m in 2013, said Britain is the birthplace of entrepreneurship. Read more: Entrepreneur outlines Patisserie Valerie rescue [...]
Whitehall’s move to Canary Wharf should inspire us towards a smaller, smarter state October 18, 2018 Moore's Law is an observable rule that has held broadly true since the mid-1960s. Named after the co-founder of Intel, it argues that every two years the number of transistors on a microchip will double at the same time that costs halve. In the real world, this has meant phones, cameras, and computers that are now [...]
The top table: Bankers and hedgies battle it out for charity ping pong title October 17, 2018 Ping pong enthusiasts with a competitive spirit may like to get involved with a new City A.M.-backed initiative helping young Londoners from disadvantaged backgrounds. Teams from financial powerhouses such as BNP Paribas and Man Group launched a table tennis championship towards the end of last week at the Greenhouse Centre close to Marylebone station. Players [...]
How would you like to pay for that, madam? October 17, 2018 | City Talk The global payments industry is dramatically improving due to technology. Mobile has changed everything. Payments are getting faster and smarter. Competition is intense. And payments are revolutionsing markets in the developing world even faster than in the developed world. In just the next seven years, the McKinsey Global Institute estimates that widespread adoption and use [...]
Why city parents are sending their children to boarding schools outside the M25 October 17, 2018 Every Sunday evening, there is a quiet exodus of teenagers from capital to countryside. Fleets of shiny, branded minibuses collect their young passengers from affluent London suburbs and whisk them through the darkness to the green and pleasant lands beyond the M25. Boarding school will be their home – until Friday night or Saturday afternoon [...]
Sadiq Khan launches online Brexit resource for businesses October 17, 2018 Mayor of London Sadiq Khan has launched a website aimed at helping companies prepare for potential challenges presented by Brexit. The Brexit Business Resource Hub contains Brexit-related news, links to industry reports and a calendar containing information on related events happening in London. Read more: James Dyson: No-deal Brexit 'will not change anything' The website [...]