London Capital & Finance was a ‘Ponzi scheme’, judge rules November 14, 2024 Former executives of the collapsed London Capital and Finance (LCF) participated in fraudulent conduct, ruled a High Court judge.
Why London FA rebrand could help it find next Bukayo Saka or Chloe Kelly November 14, 2024 The city is one of the biggest producers of footballers in the world, with one study placing the number of active male professionals from the London area at more than 2,700.
British AI start-up lands $750m valuation nine months after creation November 14, 2024 British AI start-up Tessl has landed a $750m valuation just nine months after being created, it is understood, as it looks to revamp how computer programmers create software.
Major Smith & Nephew investors call for break-up of medical device maker November 14, 2024 Three of Smith & Nephew's biggest shareholders are reportedly urging the FTSE 100 firm to break up if it cannot improve performance.
London pubs giant Young’s issues Budget warning after £11m costs hike November 14, 2024 Pub giant Young’s, which has locations across London and the South East, has insisted it has no plans to increase the price of drinks despite the Budget adding around £11m in annual costs. The listed group said it was instead focusing on increasing efficiency, better use of technology and internal investment in order to deal [...]
Champions League was meant to get more exciting. It’s anything but November 14, 2024 Uefa has deepened the financial well of European club competition but its waters may have been poisoned in the process.
Square Mile and Me: Farmer J boss Jonathan Recanti on his career (and what salad he orders) November 14, 2024 In this week's Square Mile and Me, Farmer J founder Jonathan Recanti tells us about his career from City banker to Square Mile salad tycoon.
Exclusive: Reeves to reveal new mutual council with Nationwide and Co-op November 14, 2024 Chancellor Rachel Reeves will set out plans for a new mutual council today made up of some of Britain’s biggest customer and member-owned firms, including Nationwide, Royal London and the Co-op Group, City AM understands. In her maiden Mansion House speech, Reeves is expected to set out a growth plan for mutually owned business as [...]
Mark Kleinman: Thames needs to clear murky waters to restore credibility November 14, 2024 Mark Kleinman is Sky News’ City Editor and is the man who gets the Square Mile talking in his weekly City AM column. This week he tackles resetting Reeves, Thames Water and challenges for challenger banks Reeves’s post-reset reset may need new faces at City regulators How about a post-reset reset? Such has been the turbulence of Labour’s [...]
East London praised for start-up growth — but can it continue? November 14, 2024 East London has been crowned the most entrepreneurial region in England as it tops of the charts with the fastest growth of new start-ups. Fresh research by the East London Growth Group has revealed half of East London’s boroughs are in the top 10 per cent for the growth rate of new small and medium [...]