Our helpful advice to the Bank’s ratesetters: please, stop with the speeches CITY VIEW At the Bank of England, it is now de rigeur for the nine members of the monetary policy committee to contradict each other on the speech circuit.
Whoever wins the election, the London Mayor needs real power CITY VIEW The two main candidates for the 2024 London mayoral election, Sadiq Khan and Susan Hall, have largely run campaigns centred around not being the other one. For both, this is probably sensible electioneering, but it doesn’t exactly inspire.
Brutalist gatekeepers should remember people need homes too city view Another building project, another planning delay. It is as predictable as rain on a bank holiday. And it does the same thing to the mood of investors. London needs to build. The UK needs to build. It also needs to repurpose buildings, find new ways of linking up communities, and generally put the bricks and [...]
Summer in the City: Los Mochis boss on London’s newest open-air hotspot April 16, 2024 Los Mochis City is set to be *the* summer rooftop. We meet the restaurateur behind the newest Square Mile hotspot
We need a government to match the private sector’s energy and radicalism April 16, 2024 One thing the government was not light on yesterday at the Innovate Finance Global Summit was advice. Everyone has it. That’s a good thing. Panel discussions were loaded with genuinely interesting ideas about strengthening London’s competitive advantage in fintech. Those that had “made it” were offering advice on corporate governance to those still in the [...]
Proxy advisors take note: If you want the best, you have to pay up April 10, 2024 Proxy advisors play a valid, and important, role. But their words shouldn’t be treated as gospel, tablets of stone passed down from the self-appointed prophets of corporate governance. The grumbling over a pay increase for Pascal Soriot – or more specifically, the possibility of a pay bump should he meet a series of long-term performance [...]
Ignoring market expectations on rate cuts would be Bailey’s final straw April 8, 2024 It may, perhaps, seem odd that the Bank of England’s decision on interest rates should be effectively made by the market. But that is the case over the coming ten weeks, through the May and June rate decision. To fail to meet market expectations would, now, represent the final nail in the credibility of Andrew [...]
London’s thriving financial districts are a testament to reinvention April 4, 2024 Necessity is the mother of invention – or in this case, reinvention. Many a conversation in 2020 and 2021 revolved around the future of the Docklands hub, which seemed to be at risk from our brave new world of hybrid working. Walking round the Wharf today, though, and it’s obvious that what may once have [...]
In a grown-up country, the need for a ‘Bakerloop’ would be rightly ridiculed April 3, 2024 Chalk another one up not for the NIMBY (‘not in my backyard’) alliance but the Army of the BANANAs - build absolutely nothing, anywhere near anything.
E.coli, sewage and leaks: Water firms must get their sh*t together March 28, 2024 Few people want to be thrown into the River Thames, bar perhaps two – the winning coxes of the Oxford-Cambridge boat race. It has been tradition for the very vocal brains of the operation for the winning boat to be hoyed unceremoniously into the water. Except this year, charities have urged whoever wins to remain [...]