JP Morgan and Morgan Stanley review prime broking ties with Odey Asset Management June 8, 2023 JPMorgan and Morgan Stanley are reviewing their prime broking relationships with Odey Asset Management after allegations of sexual misconduct and bullying by Crispin Odey reported by the Financial Times and Tortoise Media on Thursday, sources familiar with the matter said.
London beats New York (and everywhere else) on decade of tech investment June 8, 2023 London has beaten its rivals to take the top spot for global tech investment over the past decade after raking in cash across more than 1,700 separate investment projects, according to new figures.
Crypto AM SOLSTICE: Unlocking Summer and Fifth Birthday Party… 14 days to go! June 7, 2023 Crypto AM’s next conference and networking event – the ‘SOLSTICE: Unlocking Summer and Fifth Birthday Party’ – is only two weeks away.
Barbarians at the gate? Private equity bonanza fails to materialise June 7, 2023 A flurry of predicted private equity deals failed to rear its head last month as sticky inflation and more interest rate pain forced dealmakers to reconsider an offensive, according to a London investment bank.
There will be winners and losers from AI – but we must embrace it, not shun it June 7, 2023 AI will benefit some people and their jobs while replacing others - like all historic innovations. But if regulated safely, it will prove ground-breaking in many areas, including education, writes Guy Hands
Margaret Ferrier: MP suspended from Commons over 2020 Covid breach – and risks by-election June 6, 2023 Margaret Ferrier has been suspended from the House of Commons for 30 days for breaching coronavirus rules. The Commons voted 185 to 40, majority 145, to approve the motion to suspend the independent MP for Rutherglen and Hamilton West. Ms Ferrier, a former SNP MP, was in the Commons chamber as MPs approved her suspension. [...]
Exclusive: Tao Group to open its first UK venture at new Marylebone hotel June 6, 2023 Hakkasan owner Tao Group Hospitality will launch its first new UK restaurant at the new The BoTree hotel in Marylebone, which is set to open its doors this summer. The hospitality offering will include flagship restaurant Lavo, which will serve “coastal Italian fare” as well as a more casual dining option and bars. New York-based [...]
Investment slump amid higher interest rates risks finally sparking UK recession June 6, 2023 A mix of factors are buffeting the UK economy right now. Spending power is being crushed by high inflation eroding family finances. House prices are coming off their heady heights as sellers drop prices to source buyers amid higher mortgage rates. External demand is thinning in response to weak consumer confidence amid a global cost [...]
Eurostar forced to suspend London-Amsterdam route June 5, 2023 Eurostar’s London to Amsterdam route will be suspended for at least a year due to engineering works in the Dutch capital, it has been confirmed today. A spokesperson for Eurostar said: “We have received confirmation from the Dutch government that Eurostar will not be able to run the Amsterdam route from June 2024 until April [...]
Ex-Autoglass boss to donate £5m to Labour in bid to smash Tories at election June 5, 2023 The former Autoglass chief Gary Lubner is set to donate £5m to Labour to bolster its coffers ahead of the next election battle. The South African-born businessman told the Financial Times he had wanted to help Labour leader Sir Keir Starmer get the party into power “for a long time”. He said: “This is the [...]