London needs to up its quality of life to compete internationally June 21, 2016 Londoners interact with different elements of the city, and seemingly different centuries, on a daily basis. On one hand, London is the tech capital of Europe. Since 2010, the number of digital businesses in east London's Tech City alone has soared from 250 to over 3,000 according to Gerard Grech, chief exec of Tech City [...]
What will happen to UK equities if we leave the European Union? June 21, 2016 The pound and the FTSE soared yesterday, as the Remain camp wrestled back its lead in the polls. But the outcome of Thursday’s EU referendum is far from clear, with pundits saying that voter turnout will be pivotal in determining whether the UK stays or leaves. If Article 50 is triggered and sterling dives, what should [...]
EU referendum: Voting Remain could create another 75,000 jobs in London, according to Confederation of British Industry June 21, 2016 There is the potential to create more than 75,000 jobs in London if the UK votes to remain in the EU, according to new research. Analysis of figures from the Treasury by the Confederation of British Industry (CBI) found that staying in the EU and deepening economic ties with other member states could lead to the creation of 75,430 [...]
Here’s the newest skyscraper unveiled for the City June 20, 2016 Another skyscraper is joining the Gherkin, the Cheesegrater and the Walkie Talkie in the heart of the City; 1 Leadenhall is the latest skyscraper to be unvieled in the heart of the capital's financial district. A glass tower will be built opposite 6-8 Bishopsgate, at the junction of Gracechurch street and Leadenhall street. Currently, the site is occupied by an [...]
Tech is now everywhere – and fundamental to London’s growth June 20, 2016 The third London Technology Week will formally start today in Shoreditch with entrepreneurs, academics and government leaders coming together to celebrate technology – the city’s fastest growing industry. A lot has changed since the inaugural launch in 2014. London now has a global reputation for producing world-class tech companies, with more unicorns than any other [...]
London continues reign as unicorn startup capital of Europe June 20, 2016 London is home to more so-called tech unicorns than any other country in Europe adding two new startups to the billion-dollar stable over the past year. The capital is now home to 14 companies with the sky-high valuation, double the number of the next closest country, Sweden, which is home to seven. The UK is home [...]
Italian PR firm SEC makes plans for international growth as it sets its sights on Aim June 20, 2016 An Italian PR outfit has announced its intention to float on the Alternative Investment Market (Aim) to drum up the funds needed for rapid growth. SEC S.P.A, which has over 300 clients including food retailer Coca Cola, lender Deutsche Bank, grocer Lidl and electronic games maker Nintendo, is applying to be listed on the London Stock Exchange's [...]
City Moves for 20 June 2016 | Who’s switching jobs June 20, 2016 Burford Capital Burford Capital, a global finance firm focused on law, has expanded its team in London. Leeor Cohen has been appointed vice president. Most recently a director in the leveraged finance business at Bank of America Merrill Lynch, Leeor joins Burford’s global investment team with a broad range of experience as a lawyer, investment [...]
Antiques are back as young Britons lament being the “disposable furniture” generation June 20, 2016 It might be time to dust the cobwebs off that old furniture in the attic, as new research shows antiques are officially back in vogue. A majority of Britons prefer the individuality of older items to "disposable", newer furniture, according to a study by The Art & Antiques Fair. More than six in 10 (62 per cent) [...]
StreetDots rolls out 12 more London pitches for food vendors on back of three partnerships with British Land, Land Securities and TH Real Estate June 20, 2016 TECH start-up StreetDots today announced deals with three major land partners to expand its network of street-food “pitches” across London. In partnerships with British Land, Land Securities and TH Real Estate, the firm will open 12 more pitches across the capital. The pitches, in the form of large dots, play host to a rotating offer [...]