Autumn Statement: Another windfall tax raid would further damage Britain’s reputation November 15, 2022 We are now less than 48 hours from the Autumn Statement, and knowing quite what medicine Jeremy Hunt feels it necessary for Brits to choke down to fix the so-called ‘black hole’ in the finances. One hopes the rumours of higher council tax, a reversed bank surcharge reduction and a variety of other pocket-pinching measures [...]
“On the to-do list”: City minister promises reform as London slips behind Paris November 14, 2022 THE CITY minister Andrew Griffith yesterday said post-Brexit financial services reforms were on his “to do list” after new figures suggesting Paris’ stock market had overtaken London’s sent a shockwave through the Square Mile. The total value of all listings in the French capital overtook London last month, according to number crunchers at Bloomberg. Whilst [...]
Sacre bleu! But complacency, not Paris, is the City’s real enemy November 14, 2022 Sacre bleu! Zut alors! The only possible reactions to news that Paris’ bourse has, by one measure, overtaken London’s stock exchange as Europe’s largest. The calculation sent a shockwave through the City’s lunch spots today, just about replacing the fear and dread associated with Thursday’s budget as the first topic of conversation. Could it be [...]
Truss’ growth diagnosis was the right one November 10, 2022 One of the tragedies, if that’s the right word, of Liz Truss’ demise is that her key economic observation – that Britain isn’t growing quickly enough – may well be lost to history, discredited thanks to the cack-handed way in which she and her Chancellor attempted to address it. The noises-off from the new administration [...]
Brewdog’s Qatar ad backlash should be a lesson for other brands November 8, 2022 The backlash to Brewdog’s ‘anti-World Cup’ campaign is a lesson for other brands It was inevitable that a football World Cup in Qatar would eventually drag the business world into the sporting world. Sponsors of the four-yearly jamboree are being forced to confront awkward questions – and others are taking the opportunity to make hay. [...]
Strikes another blow to struggling City hospitality businesses November 7, 2022 Small business owners have said they are struggling to survive as postal workers are set to walk out and amid the looming threat of rail strikes. Matt Harris, 49, who runs wine bars Planet Of The Grapes and Fox Fine Wines in London, said that strike action is just “another dagger” for already struggling hospitality [...]
Adrian Biles: “I’m delighted” to be back building a legal business November 7, 2022 The former Ince boss Adrian Biles is back at the helm of a London legal firm, having acquired Child & Child. He tells Andy Silvester why he believes in the firm’s potential. “I’M NOT sure I had a day off,” a cheery Adrian Biles tells me when he’s asked what he’s been doing since he [...]
Britain’s brightest black entrepreneurs and artistes feted at awards ceremony November 4, 2022 Charlene White and Jay Blades took to the Boisdale of Canary Wharf stage at the back end of last month to host the first annual London Chamber of Commerce Black Excellence Awards 2022, to celebrate the inspirational contribution of the British black community to the cultural and economic development of the United Kingdom. Accompanied by [...]
Exclusive: Former Ince boss Adrian Biles acquires Child & Child November 3, 2022 Adrian Biles, the former boss of law firm Ince, has acquired Child & Child after just two months on the sidelines. Biles took the reins of the Belgravia firm yesterday afternoon, hosting a town hall meeting with staff this morning. It marks a swift comeback to the business world for the man who built Gordon [...]
Exclusive: City grandee to step down as Tory party Treasurer November 3, 2022 Malik Karim, the founder and CEO of Square Mile investment banking firm Fenchurch Advisory, is to stand down as Treasurer to the Conservative party. City A.M. understands Karim will become an advisor on fundraising to the new Tory party chairman, Nadhim Zahawi, Karim, who founded Fenchurch in 2003, served as the party’s treasurer for just [...]
