Square Mile and Me: Hemlata Narasimhan on what makes the City tick August 8, 2024 Each week we ask a Square Mile exec to take a trip down memory lane. Today, Hemlata Narasimhan, president of Elavon Europe, talks about cultural vibrancy and inspiring girls to dream big What was your first job? My very first job was a college job when I worked as a maths tutor to high school children [...]
Mark Kleinman: If Britain is open for business, prove it August 8, 2024 Mark Kleinman is Sky News’ City Editor and is the man that gets the City talking in his weekly City A.M. column.
All the best offices are embracing the Great Outdoors (so leave HSBC alone) August 8, 2024 From smoking den to outdoor zen – offices are embracing green spaces, says Lucy Arthur
Hudson-Smith pipped on line in Paris 2024 400m final August 7, 2024 Matthew Hudson-Smith was forced to settle for silver in the final of the 400m on Wednesday after Quincy Hall hunted the Brit down with one metre to go. The British favourite led around the final bend and towards the finish but American Hall pipped him to the Olympic title. Muzala Samukonga of Zambia finished third. [...]
FCA joins Bank of England in relocating jobs from London to Leeds August 7, 2024 The Financial Conduct Authority (FCA) has revealed plans to relocate 100 jobs from London to Leeds, just months after the Bank of England announced a similar move. The watchdog, which established its first office in Leeds two years ago, is growing its team at the digital delivery centre on Queen Street, where around 100 employees [...]
Flight to quality gets underway as half of London offices set to be ‘unlettable’ by 2027 August 7, 2024 Changes to energy efficiency requirements mean that a majority of office spaces in the capital won’t meet the minimum standard for leasing within the next four years, making it a race to re-fit before 2027. Minimum energy efficiency standards (MEES) currently require that rented commercial properties in England and Wales have a minimum EPC rating [...]
GB Bank: Property finance specialist moves headquarters to London amid rapid expansion August 7, 2024 Property finance specialist GB Bank is moving its headquarters from Middlesborough to London in a bid to grow its presence in the capital and South East.
UK riots: Sadiq Khan warns violent disorder ‘will not be tolerated’ in London August 7, 2024 Sadiq Khan has warned would-be rioters that “violence and disorder on the streets of London will not be tolerated” as he issued a call for calm.
Panic over? London’s FTSE 100 surges after overnight rally in Asia August 7, 2024 The global market rally picked up the pace on Wednesday with European equities surging after Japanese stocks recorded strong overnight gains. The FTSE 100 was up 1.8 per cent at 8,166.88 while the midcap FTSE 250 gained 1.0 per cent to trade at 20,576.03. The CAC in Paris gained 2.0 per cent while the DAX [...]
H2O Asset Management to pay investors £215m to avoid ‘substantial’ FCA fine August 7, 2024 H2O Asset Management will pay €250m (£215m) to clients who have been unable since 2020 to access investments then worth around €1.6bn (£1.4bn) to avoid a “substantial” fine from UK regulators. Following talks with the Financial Conduct Authority (FCA), the watchdog has agreed H2O will make the sum available to all those whose investments remain trapped. The French firm will apply to cancel its [...]