City Moves: Who’s switching jobs in the Square Mile? April 8, 2022 City A.M.’s Millie Turner provides a roundup of the most important hires and job moves across the City, every morning. Email citymoves@cityam.com to be featured. Europa Capital Real estate investment manager Europa Capital has bolstered its asset management team with a new managing director, the firm’s 20th appointment in the past year. Rachel Hanke help over portfolio management, bringing nearly 20 years [...]
Ollie Phillips: Four English sides should make it to top European quarters April 8, 2022 As the first leg of the European Champions Cup round of 16 begins this evening, I am confident that all but one of the English sides will progress through to the quarter-finals. While some of the ties look mighty close, there’s enough grit and flair in the Premiership to make the difference. It also helps [...]
Life must imitate art as pop culture learns the magic of diversity at the top April 8, 2022 Pop culture is usually the first to pick up on zeitgeists. Take Disney, and its front-of-house overhaul. Once upon a time, a Disney heroine would be found longing wistfully for a knight in shining armour to come to her rescue. But Disney princesses are now nuanced individuals with ideas and ambitions of their own. This [...]
Exclusive: Huge rates hike for logistics warehouses as Amazon bill to rise more than £1m April 8, 2022 Occupiers of logistic warehouses are braced for a dramatic rates hike, data shared exclusively with CityA.M. has revealed. With e-commerce firms desperate to grab space, rents in the industrial and logistics sector have shot up. Rental growth means will see average increases of 18.7 per cent across the board on business rates payable from April [...]
As housing targets wither away, it’s time for councils to join us in the digital age April 8, 2022 At the end of last year, over 1.1 million people were on local councils waiting lists for affordable housing in England alone, according to ONS figures. At the same time there were 52,100 additional affordable homes provided across England, according to figures from the Department of Levelling Up, Homes and Communities. This was a decrease [...]
Retailers enjoy spring boost after first full month without Covid restrictions April 8, 2022 Good weather and an eagerness to refresh wardrobes for spring has fuelled boosted retail footfall and sales, data revealed today. The first full month without Covid restrictions in England and Northern Ireland saw consumers “able to shop with a greater sense of normality, spurred on by some spring sunshine,” the British Retail Consortium (BRC)’s chief [...]
Hogan Lovells hikes NQ pay to match London’s Magic Circle April 7, 2022 Anglo-American law firm Hogan Lovells has put itself on par with the Magic Circle in hiking salaries paid out to its newly-qualified lawyers to £107,500 a year. The law firm is set to give its freshly trained lawyers a 7.5 per cent pay boost after upping their salaries from £100,000. The pay hike puts Hogan [...]
High Court judge says it would be unfair to force Ukrainian billionaires to fight $4.2bn fraud trial April 7, 2022 A High Court Judge has halted a $4.2bn fraud trial after claiming it would be unfair to force two of Ukraine’s richest men to fight the court battle due to Russia’s invasion of Ukraine. The High Court Judge adjourned the court battle between Ukraine’s biggest bank, Privatbank, and Ukrainian billionaires Gennadiy Bogolyubov and Ihor Kolomoisky, [...]
Michael Saylor: ‘I have never been more bullish on Bitcoin’ April 7, 2022 The chief executive of Microstrategy said he has never been more bullish about crypto after increasing the firm's Bitcoin holdings to $6bn.
Oil prices dip below $100 per barrel following IEA pledge to flood markets April 7, 2022 Oil prices dropped below $100 on both major benchmarks today - with markets weighed down by pledges from the IEA to boost supplies.