Toast the City: How we are celebrating the Square Mile! May 22, 2025 This autumn City AM will launch Toast the City, an awards celebrating all the places that make the Square Mile the vibrant, exciting location it is – and we need YOUR help. Over the 20 years we have served the Square Mile, it’s transformed from somewhere people worked hard to a place they want to [...]
Reeves’ impossible mission to save the public finances – in four charts May 22, 2025 Government borrowing spiked in April, according to official data, in a stark illustration of the difficult fiscal tightrope that the Chancellor Reeves is walking. The £20.2bn in monthly borrowing was steeper than economists’ prediction of £18bn. So, Reeves might have shivered when she heard Keir Starmer tell the House of Commons winter fuel payments would [...]
BT ups dividend as firm refocuses on the UK May 22, 2025 BT has upped its dividend to shareholders as the telecoms giant reported a rise in profits. The FTSE 100 company has declared a final dividend of 5.76p per share, bringing its full-year dividend to 8.16p, an increase of two per cent on the previous year. The firm’s policy is to at least maintain or increase [...]
Exclusive: E1 Series set for London debut in showcase on Thames May 22, 2025 Electric powerboat series E1, which features teams owned by stars including Will Smith, LeBron James and Rafael Nadal, will make its London debut this summer. An exhibition of E1’s high-speed RaceBird boats is set to take place on the Thames near Westminster on 2 July as the series looks to build its presence in the [...]
Why we love the Square Mile’s Williamson’s Tavern May 22, 2025 In a new series celebrating the businesses nominated for the Toast the City awards, Adam Bloodworth visits one of the Square Mile’s best hidden gems, Williamson’s Tavern, an alleyway-based boozer with a vibe like no other What is it? Ancient rules dictate that sightlines to St Paul’s must be visible from across the capital and [...]
Martin Williams interview: New Evolv boss on aggressive growth and the closure of M May 22, 2025 In a new series interviewing the judges of our new Toast the City awards, our Life&Style editor sat down with new Evolve Collection boss to talk Terence Conran, aggressive growth and how it feels to see M Restaurant close Few people have had a bigger impact on the City’s food and drink scene than Martin [...]
London defies ‘Awful April’ slump with more job postings May 22, 2025 London was one of two regions across the UK to have seen a rise in job postings, with fresh data suggesting businesses in the capital city defied the double whammy of tax hikes and President Trump’s tariff threats. Europe’s richest city has continued to buck the trend of low confidence felt across the country as [...]
Bloomsbury: Profit falls at Harry Potter publisher despite sales rise May 22, 2025 Profit at Bloomsbury Publishing, the giant most known for the Harry Potter series, was cut by almost a fifth during its latest financial year despite revenue rising. The London-listed company has reported a pre-tax profit of £32.5m for the year to 28 February 2025, down from the £41.5m it achieved in the prior 12 months. [...]
Mid-week office working back to pre-pandemic levels, says British Land May 22, 2025 Property giant British Land has said that mid-week occupancy in central London offices has returned to its pre-pandemic level, more than five years after the start of the work-from-home mandate. It said that lack of high-quality office space has contributed to record rents in the sector. “Return to the office is in full swing… the [...]
Impax’s takings slump after global retreat on sustainability May 22, 2025 Impax Asset Management recorded a slump in revenue in the first half of the year as a global retreat on green policies turned clients away from its sustainability offering. The firm cited a “challenging first half of financial year” with assets under management falling to £25.3bn. This was down from £37.2bn at the end of [...]