London’s unfinished Scalpel tower already half-let November 7, 2018 National Australia Bank and insurer Lombard International are the latest occupiers-to-be at the newest office tower on London's skyline, The Scalpel, at 52 Lime Street. Over half of the tower, which owes its unusual shape to protected views of St Paul's Cathedral, is now pre-let or under offer as the building nears completion. National Australia [...]
British business leaders demand ‘people’s vote’ on Brexit deal November 4, 2018 Over 70 City grandees including the former chairmen of Lloyd’s of London and Standard Chartered have joined calls for a “people’s vote” on the final Brexit deal between the UK and the European Union. Ahead of the launch of ‘Business for a People’s Vote’, a new campaign group, the group warned in a letter published [...]
We must turn the page on the public perceptions of finance November 1, 2018 A company needs to stand for something more than making money. Sustainability matters more than profit. The mission should be a lasting contribution to society that finds a balance between all stakeholders. Those aren’t the words of a pious left-wing hand-wringer but of John McFarlane, chairman of Barclays, in an anthology of writing published this week [...]
City Moves for 31 October – who’s switching jobs at Mayer Brown, Meggitt and IOE&IT? October 30, 2018 Who’s switching jobs today? Mayer Brown Global law firm Mayer Brown announced that Ashley McDermott has joined the firm’s banking and finance practice in London as a partner. He will advise on a range of lending transactions, particularly those involving emerging markets. Ashley’s practice is focused on export, trade and multilateral financing, especially in the [...]
City Moves for 30 October – who’s switching jobs at Target Fund Managers, Argentex and White & Case October 30, 2018 Here’s who’s switching jobs today. Target Fund Managers Target Fund Managers, the external manager to Target Healthcare REIT (THRL), the UK-listed specialist investor in purpose-built care homes, is pleased to announce three appointments to support it in its strategy to manage and grow THRL. Maria Gaurino joins as healthcare director and brings over 18 years [...]
‘French Spiderman’ who climbed London’s Heron Tower handed suspended prison sentence and £5,500 fine October 26, 2018 The man dubbed the "French Spiderman" has been ordered to pay £5,500 in compensation and given a 20-week prison sentence, suspended for two years, after he climbed the Heron Tower in central London yesterday. Alain Robert, 56, was arrested for a 'public nuisance offence' on Thursday afternoon after pulling off the stunt in which he climbed [...]
Lloyds Banking Group could face £150m pensions hit after court ruling October 26, 2018 Lloyds Banking Group could have to pay out up to £150m after the High Court ruled today that it should equalise payments for male and female members of its pension scheme. Three female members of the pension scheme had complained they were being discriminated against as their pensions increased at a lower rate than that [...]
Police charge ‘French Spiderman’ Alain Robert after he climbed London’s Heron Tower October 26, 2018 Police have charged the so-called 'French Spiderman' who scaled Heron Tower yesterday with a public nuisance offence. Alain Robert, 56, is a renowned skyscraper climber and was seen ascending the 754ft Salesforce building at around lunchtime as a number of onlookers watched. Police reprimanded Robert on the scene after they were forced to close off roads [...]
Police close roads around Heron Tower as ‘French Spiderman’ ascends Salesforce’s building October 25, 2018 A real-life Spiderman scaled the 754ft high Heron tower today, leading police to close roads around the area. Alain Robert, who has also climbed the Empire State Building and some of the world’s tallest skyscrapers, made the ascent – where Salesforce is headquartered in the UK – without any safety gear or even a rope. The stunt [...]
The battle for London’s business: Behind the scenes, European cities are on a charm offensive to attract City jobs October 24, 2018 Behind the scenes, European cities are on a charm offensive to attract City jobs, finds Jasper Jolly WITH Brexit negotiations reaching fever pitch, all eyes are fixed on the politicians wrangling over the UK’s new place in the world. But behind the scenes another battle is going on, with well-funded campaigns vying to attract business [...]