Exec behind Lloyds mass affluent push quits within days of launch June 4, 2025 A Lloyds exec behind the bank’s push to attract “mass affluent” customers has departed within days of the launch of its new service. Jo Harris, who has been with the FTSE 100 bank for more than a decade, would be leaving at the end of the month, according to an internal memo seen by the [...]
Lloyd’s of London new CEO sets out vision and new executive team June 2, 2025 Patrick Tiernan kicked off his first day as Lloyd's new chief executive with a letter, telling the market his aim "is to make working at Lloyd's always feel special"
Build-to-rent: UK boom in purpose-built properties June 2, 2025 The number of build-to-rent completions in the last year has shot up in another sign the sector is here to stay in the UK. Completions of built to rent properties – which refers to purpose built, institutionally owned and professionally managed residential blocks of flats – have risen by 16 per cent year on year, [...]
Peel Hunt founder: We’ve stopped taking enough risks in the UK May 29, 2025 We dig into the memory bank of the City’s great and good. Today, Tim Cockroft, founder of Singer Capital Markets and Peel Hunt, tells us about his career in this week’s Square Mile and Me CV What was your first job? Working in a menswear shop in Wokingham, it’s amazing how many people like dark [...]
Hiscox picks former Man Group boss as new chair May 29, 2025 Peter Clarke, the former CEO of Man Group, has been appointed to join Hiscox's board
Beyond reinsurance: Aon’s UK Insurance Vertical redefines client partnership May 28, 2025 In an increasingly complex and interconnected world, the traditional boundaries of risk management are dissolving. Insurers today face a landscape of challenges, from evolving cyber threats and talent retention to navigating new regulatory frameworks. Aon is responding to these evolving needs with a groundbreaking approach: the UK Insurance Vertical. At the helm of this initiative [...]
New V&A East Storehouse is the museum of the future May 28, 2025 The V&A East Storehouse, opening in east London’s Queen Elizabeth Olympic Park, redefines the museum experience with unprecedented public access to thousands of artifacts, marking a bold cultural milestone in the £600 million East Bank development, says Justine Simons The museum of the future is here, and guess what? It’s in east London! A quiet [...]
Transport for London proposes 20 per cent hike to Congestion Charge May 27, 2025 Transport for London (TfL) has proposed a fresh hike to the Congestion Charge from January next year, sparking backlash from small business owners. London’s transport body said it would hike fees from £15 to £18, a 20 per cent increase and the first since 2020, according to an announcement on Tuesday. Drivers will then be [...]
Labour’s immigration rules will make it harder for tech to recruit May 26, 2025 To retain the excellence of London's tech sector, it must remain open to the world. Labour's immigration rules risk derailing that, writes Chris Hayward.
HSBC UK to slash bonuses for staff not turning up to office May 21, 2025 HSBC has told its UK-based retail workers that failing to show up to the office could see their bonuses slashed. Europe’s biggest bank informed staff in the retail and domestic commercial arm that if they are not following the firm’s three-day minimum requirement to work in office they could be paid less as a result. [...]