The Gulf gamble: American and British law firms racing to Saudi Arabia Legal Saudi Arabia is rapidly becoming the focus of global legal attention. But this shift is not merely speculative; it is part of a calculated move by the Kingdom to attract world-class expertise. The Kingdom of Saudi Arabia changed its law two years ago to allow foreign law firms to operate independently, as part of its [...]
London maintains its commanding lead as largest foreign exchange centre Markets London has maintained its commanding lead as the world’s largest foreign exchange centre, holding nearly double the US’s share. According to the latest data from the Bank of International Settlements (BIS), daily foreign exchange trading in London reached $4,745bn this year, with its global market share of 38.7 per cent nearly twice that of the [...]
UK should be the destination of choice for Asia-based investors Opinion A new sun is rising in our relationship with our Asian partners. My message to them is clear: whatever you want to do, London can help you, writes Alastair King.
Rival Heathrow bid drafts in Changi in effort to win runway contract September 2, 2025 The man behind an ambitious plan to break up Heathrow’s decades-long monopoly has partnered with the world’s number one airport to bolster its bid to win the much-coveted contract to build the hub’s third runway. Surinder Arora, the hotel tycoon behind a rival expansion bid dubbed Heathrow West, has drafted in the help of experts [...]
London is world’s fourth-most dynamic city April 1, 2025 London is in the top five cities for companies to lay down roots, a fresh study has found, despite the UK suffering years of economic stagnation and reports of an exodus of its wealthiest and high-skilled residents. According to Savills’ inaugural corporate dynamic wealth index, London is the fourth-best location in the world for major [...]
Tory conference: ‘Rigorous’ process for Revolut licence was ‘right’, ex-minister says September 30, 2024 The “rigorous” process Revolut went through to secure its banking licence was “right”, John Glen has said. Former paymaster general Glen told a Conservatives in the City event at the annual Tory party conference in Birmingham that the digital payments app now had “credibility to grow globally”. He said: “The UK is brilliant in innovation [...]
Formula 1 Driver Standings in full as Norris cuts gap with Singapore win September 22, 2024 Lando Norris picked up his third win of the Formula 1 season as the Brit stormed to victory over Max Verstappen in Singapore. The victory in the final F1 race before a three-week break cut Verstappen’s lead at the top of the Driver Standings, too. With the McLaren driver winning the night race he has [...]
Landsec: Property giant ups stake in Bluewater shopping centre to two thirds June 25, 2024 Property giant Landsec has acquired an additional 17.5 per cent stake in Bluewater, the out of town shopping centre in Kent, taking its overall ownership to over 65 per cent.
Advanced Energy pulls out of XP Power pursuit June 18, 2024 US semiconductor firm Advanced Energy is no longer pursuing a deal for XP Power after it had three informal approaches rejected by the Singapore competitor.
From English samurai to post-Brexit trade, the UK and Japan thrive when connected May 28, 2024 From English samurai Miura Anjin to last year's Hiroshima Accord, the UK and Japan have much to offer each other, writes Michael Mainelli.