‘Political point-scoring’ over bank rules risks investment exodus, top Nomura exec warns June 16, 2026 London’s biggest financial institutions could shift operations away from the UK if the government intensifies its regulatory grip on the City, a top City banker has warned. Chris Barlow, head of legal and compliance at Japanese bank Nomura’s European arm, said “short-termism and political point-scoring” in Westminster over financial regulation could exacerbate the burden faced by [...]
Serco hits back after Zia Yusuf accuses FTSE 250 firm of being ‘hostile to Reform’ June 15, 2026 One of the UK government’s biggest private sector contractors has denied being hostile to Reform UK after the party’s home affairs spokesperson Zia Yusuf after accused it taking “political positions” against his immigration policy. Citing a report in the Telegraph that suggested FTSE 250 firm Serco would refuse to support Reform’s deportation plans if it [...]
‘Banker’ arrested in connection with ‘Putney pusher’ attack June 15, 2026 Police looking for the so-called Putney pusher have arrested a man in connection with the case, nine years after CCTV footage appearing to show a woman being pushed into an oncoming bus triggered a high-profile manhunt. The 44-year-old male was detained by the Metropolitan Police on Monday despite detectives closing their investigation into the incident [...]
Mayer Brown defends ‘do not disturb’ policy despite criticism from rivals June 15, 2026 When the US law firm Mayer Brown, based in the City, implemented a policy that partners should not disturb associates during their holidays, its London office managing partner said some rival partners criticised the move. Speaking to City AM, Dominic Griffiths said: “When I introduced that policy [three years ago], there were one or two [...]
Keeping up with the cash: SKIMS’ law firm hits record revenue June 15, 2026 UK law firm Browne Jacobson has hit record revenue of nearly £150m, partly driven by high-stakes projects, including advising Kim Kardashian’s clothing brand SKIMS on its flagship Regent Street store. The firm said it raked in £148.8m in revenue for the year, up 9 per cent from last year, driven by growth across the core [...]
Investors ‘reluctant’ to splash cash on UK banks amid crisis in Number 10 June 15, 2026 UK banks’ stock prices are being slapped with a political risk premium, City analysts have warned, as turmoil in Downing Street threatens to rock the sector. The FTSE 350 bank index has had a choppy start to the year with financial stocks facing a hammering from the Iran war as investors trimmed their equities exposure. [...]
‘Poorly designed’ policies threatening London’s grip on global tourism June 15, 2026 London’s competitiveness as a leading culture and tourism destination is being undermined by “poorly designed” policies, the West End’s leading business advocate has warned. Dee Corsi, chief executive of the New West End Company (NWEC), has said that London is “competing with one hand tied behind its back” compared to global rivals whose policymakers are [...]
People named Mark called upon to raise money at London charity golf day June 15, 2026 Some of the UK’s estimated 600,000 people called Mark have been called upon to take part in a world record attempt at Royal Blackheath Golf Club to raise money for Prostate Cancer UK. The On Your Marks golf day will take 88 people called Mark and aim to raise £88,000 for charity just a stone’s [...]
SpaceX IPO could get wave of Brits back into equity markets, Peel Hunt boss says June 15, 2026 The success of the trillion-dollar SpaceX IPO could help drive a wave of fresh interest into investing in the stock market, the boss of one of London’s biggest brokers has said. The float, which raised a whopping $75bn (£56bn), included millions of shares allocated to UK retail investors thought to be worth around £271m, with [...]
Nocturne London dazzles as riders take in Square Mile June 15, 2026 The Square Mile was transformed into an Olympic-style time trial cycling circuit at the weekend as Nocturne returned to the City of London. The festival of cycling saw two days of racing around the capital, with XTX Markets winning the City Criterium – a pro-am team event – and Ned’s Club coming home first in [...]