Entrepreneur and YouTube music star Jamal Edwards dies age 31 February 21, 2022 Entrepreneur and YouTube star Jamal Edwards has died at the age of 31, sending shockwaves through the music industry. The British businessman was the founder of SBTV, an online urban music platform which helped launch the careers of artists Ed Sheeran and Skepta. The London-based platform was set up for discovering emerging artists, having grown [...]
Time to build some houses for the sake of London’s future February 21, 2022 Some years ago, a small group of twitter warriors coalesced around a single campaign slogan – build some bloody houses. As ever with social media trends, the energy and enthusiasm has now lagged, but the point is as relevant as ever. Last year the average house increased in price by around the same as the [...]
Serious Fraud Office property raids fall to zero February 21, 2022 The Serious Fraud Office did not undertake a single property raid last year, according to its response to an FOI request.
Letters: Back to the history books on the energy crisis February 21, 2022 [Re: We must end our dependency on Russia’s gas and embrace renewable, Feb 18] For an escalation to have a large and lasting impact on markets beyond Russia and Ukraine, it would probably have to result in a significant hit to energy supply (something which did not happen after the annexation of Crimea). In fact, [...]
Khan’s mayoralty is an audition for Labour leader – but it’s at our expense February 21, 2022 Today was supposed to be an important day for the administration of London. The Crystal, the new home of City Hall in Newham, Royal Docks, was due to open and inaugurate a fresh chapter in our governance: a slimmed-down, more efficient headquarters for the mayor and the London Assembly in the east of the capital. [...]
A two-tiered debt capital bond market puts economic equality in the UK in peril February 21, 2022 The pledge to tackle economic inequality across the country is a central ambition of this government. What the financial industry can do in this process is a key question of our times. Finding an answer can help define the City’s legacy and the financial industry’s impact on broader society for generations to come. The City [...]
Government should have allowed airlines to collapse, according to new report February 21, 2022 The government should have allowed airlines to collapse during the Covid-19 crisis to improve the long-term performance of the travel sector, according to a new report published today. The wave of taxpayer money drilled into airlines to ensure they survived the sharp drop off in passenger volumes has made the sector more imbalanced, the Institute [...]
Government halves insolvency payouts to workers in 2021 February 21, 2022 The government halved pay outs to workers whose employers went bust last year, as Covid-19 support measures helped stave off insolvencies.
Exclusive: One in every four shops in Cheapside are empty February 21, 2022 Oone in every four shops in Cheapside are empty, reveals research shared exclusively with City A.M. The shop vacancy rate in the shopping precinct between Bank and St. Paul’s stations has shot up from just 3.4 per cent in 2019, before the pandemic, to nearly 25 per cent this year, according to Colliers. Retailers’ income [...]
More banker bonuses on the way this week February 21, 2022 Big banker bonuses are back on the table amid a robust rebound in lenders’ profits, annual results are expected to reveal this week. The City is expecting Barclays, which publishes finals on Wednesday, to register a £8.1bn profit haul, up sharply from £3.1bn in 2020 when the pandemic sent the banking sector spiralling. Investors will [...]
