Forget WeWork and Airbnb: inside the company nailing remote working July 10, 2025 From the Summer issue of City AM The Magazine: inside the remote working company appealing to a new generation of digital nomads Rows upon rows of cookie-cutter houses fill the boujee neighbourhood of Abbot Kinney in Los Angeles. In front of one, a basketball hoop stands by a double garage. It looks like all the [...]
Inside Los Angeles stan culture, where it isn’t embarrassing to admit you’re a celebrity nerd July 10, 2025 Fans behave very differently in Los Angeles than they do in London. Longtime celebrity nerd Adam Bloodworth visited to explore the city’s outward love for celebrity A sea of aggressive power lunches are taking place on the terrace next to a swimming pool. I’m in the Tower Bar on Sunset Boulevard, which runs along the [...]
The Capitalist: Inside Tesco Clubcard’s 30th birthday rave July 10, 2025 Tesco opens a Soho nightclub, finance bros battle it out at The Lord Mayor's Cup, and a Lord's warm-up dinner; catch up on the latest gossip.
French AI boss calls for youth mobility scheme July 9, 2025 The boss of one of France’s most successful tech start-ups has thrown her weight behind calls for a youth mobility scheme between the EU and UK, warning that Europe must have access to deep pools of talent to stand a chance of competing in the AI arms race. Eleonore Crespo, co-founder of business planning unicorn [...]
Reform top the polls but voters cool on Nigel Farage July 9, 2025 Reform UK continues to ride high in the opinion polls – climbing 16 points since last year’s election – yet voters appeared to have cooled on Nigel Farage as new City AM polling suggests he’s lost some of his shine. A post-government slump in support for the Conservative Party and lack of approval for the [...]
Bank of England hits Mastercard subsidiary with £12m fine July 9, 2025 A Mastercard-owned company has been fined almost £12m by the Bank of England after it failed to fully comply with a regulatory order to fix weaknesses in its risk management. Vocalink – which was acquired by Mastercard in 2017 – has been slapped with the £11.9m fine due to failing to meet directions from the [...]
Not on the High Street slashes jobs as losses widen July 9, 2025 Not on the High Street has continued to slash jobs in a bid to stem its widening losses amid falling sales. The Bristol-headquartered business cut its headcount in March this year having also shed 70 members of staff in the year to 31 March, 2024. The update has been revealed in newly filed accounts with [...]
The secret to London’s last housing boom? Less paperwork July 9, 2025 The last time London built enough houses was almost 100 years ago, when planning applications were just three pages long and took just weeks to approve, finds Sam Dumitriu Labour were elected on a pledge to build 1.5m homes. And Mayor Sadiq Khan has clear instructions from the Deputy PM: “build more homes!” In fact, [...]
EDF investment hailed as ‘vote of confidence in UK’, despite reduced stake July 8, 2025 The Prime Minister has hailed investment by French energy giant EDF in the Sizewell C nuclear plant as “a vote of confidence in the UK as an investment destination”, though the company appears to be taking a reduced stake in the major project. The French state-owned electricity company said it had agreed in principle to [...]
Rishi Sunak will donate Goldman Sachs salary to charity July 8, 2025 Former Prime Minister Rishi Sunak has rejoined Goldman Sachs as a senior adviser, adding to post-government roles he holds while still sitting as an MP, though his salary from the investment banking giant will be donated to a maths charity. Sunak worked at Goldman Sachs as a summer intern in 2000 and as an analyst [...]