Work on last stage of Tower Bridge to Greenwich cycle route to kick off August 11, 2021 Work on the final stage of a new cycle route which will connect the City of London to Greenwich will start on Monday, Transport for London (TfL) today said. The third section of Cycleway 4, on Evelyn Street in Deptford, is expected to be completed in the spring. Once it is finished, the cycle lane [...]
City Moves: Who’s switching jobs in the Square Mile this week? August 11, 2021 City A.M.’s Millie Turner provides a roundup of the most important hires and job moves across the City, every Wednesday afternoon. Email citymoves@cityam.com to be featured. Former Tesco director joins London’s Interpath as special advisor London-headquartered firm Interpath Advisory has appointed former Tesco director and retail veteran Christine Cross as a special advisor for the business. Cross’ extensive non-executive and advisory board [...]
Germany detains British man suspected of spying for Russia August 11, 2021 British police have confirmed that a 57-year-old British national has been arrested by German authorities on suspicion of his involvement in “intelligence agent activity” with Russia. It comes after German prosecutors announced that they had detained the British citizen on Tuesday in Potsdam on suspicion of spying for Russia while working at the British Embassy [...]
Virgin Atlantic launches raft of new Caribbean routes for winter sunseekers August 11, 2021 Virgin Atlantic has today announced a raft of new routes serving the Caribbean as it bets on increased customer demand for sun-soaked getaways after the pandemic. The carrier is launching its first direct flight to Barbados from Edinburgh, as well as adding extra flights to the island from Manchester and Heathrow. In total, it will [...]
Cardano surges with smart contract upgrade imminent August 11, 2021 Crypto at a Glance The cryptocurrency markets continue to climb today, with the Bitcoin price up another 2 per cent over the past 24 hours to more than $46,300 at time of writing. Ethereum is also up around 4 per cent to more than $3,200. Can they keep the upward momentum today? The market’s resurgence [...]
Podcast: The plastic problem facing investors August 11, 2021 Read the full transcript Part one: The weight of plastic worth all the fish in the sea Ashleigh Cowie (AC): In doing research for this podcast I came across this astonishing fact. Are you ready for it? David Brett (DB): Go on then. Hit me with it. AC: Right now, there are more than 5 trillion pieces of [...]
Goldman Sachs hires former MI6 chief as paid adviser August 11, 2021 Goldman Sachs has reportedly hired the former head of MI6 Sir Alex Younger as a paid adviser. Younger has been hired to provide expert advice on geopolitics, international risk and cyber. He headed the UK Secret Intelligence Service between 2014 and 2020, making him the longest serving chief of MI6 in half a decade. Younger [...]
Three really exciting jobs to apply for this week August 11, 2021 Another week down, and another list of super cool job opportunities to share with you lovely people. This week, we’re bringing you a really cool remote Account Executive role in Klaviyo, along with exciting opportunities in Outbrain and Checkout.com. And trust us when we say they honestly all sound brilliant! Keep reading to find out [...]
Investor confidence in UK real estate edges up after Freedom Day as outflows decrease August 11, 2021 In the wake of the UK’s “Freedom Day” easing of Covid restrictions, investor optimism for real estate funds gained ground in July, reflected in significantly decreased outflows compared with previous months. Investors pulled £94m from UK property funds in July – which, although still a considerable outflow, was a marked improvement on the £249m outflows [...]
Chinese car sales fall for third month in a row August 11, 2021 Chinese car sales declined for a third straight month in July, new data today showed, as the global shortage of semiconductors weighed on the world’s biggest auto market. Figures from the China Association of Automobile Manufacturers (CAAM) showed that sales fell 11.9 per cent to 1.86m, compared to the same month a year ago. The trade [...]
