Forget WeWork and Airbnb: inside the company nailing remote working July 10, 2025 From the Summer issue of City AM The Magazine: inside the remote working company appealing to a new generation of digital nomads Rows upon rows of cookie-cutter houses fill the boujee neighbourhood of Abbot Kinney in Los Angeles. In front of one, a basketball hoop stands by a double garage. It looks like all the [...]
What Wimbledon taught me about winning in business July 10, 2025 Tennis’s unique scoring system mirrors the nonlinear, probabilistic nature of start-ups and life, where success hinges not on winning every point, but on succeeding when it really matters, says Lewis Liu I am obsessed with tennis. I try to play every day. My wife says I’m grumpy if I miss a day. During Wimbledon, it’s [...]
CBD brand backed by Vernon Kay and Tess Daly raises millions July 10, 2025 Goodrays, a CBD brand backed by Vernon Kay and Tess Daly, has raised £5m as it eyes future growth. The company has been backed by Guinness Ventures whose portfolio includes BBC Maestro, a celebrity-led e-learning business. The series A funding round also attracted the participation of existing and new institutional investors. The news comes after [...]
Inside Los Angeles stan culture, where it isn’t embarrassing to admit you’re a celebrity nerd July 10, 2025 Fans behave very differently in Los Angeles than they do in London. Longtime celebrity nerd Adam Bloodworth visited to explore the city’s outward love for celebrity A sea of aggressive power lunches are taking place on the terrace next to a swimming pool. I’m in the Tower Bar on Sunset Boulevard, which runs along the [...]
Number of affordable homes started in London plummets July 10, 2025 The number of affordable homes underway in the capital has fallen far short of expectations as tight regulations and cost pressures make sites unviable. The Greater London Authority has so far completed 871 homes under the 2021-2026 Affordable Homes Programme (AHP), according to its annual housing report. This is just over five per cent of [...]
Ofcom relaxes Royal Mail delivery targets to cut costs July 10, 2025 Royal Mail will be allowed to deliver first and second class letters more slowly after its delivery targets were slashed by the communications watchdog in a bid to cut costs. From the end of July, Britain’s postal service will be allowed to deliver second class letters on alternate weekdays, Monday to Friday, instead of six [...]
South West Water to pay £24m to avoid fine from Ofwat over leaks July 10, 2025 South West Water is to invest £24m into its network and local environment to avoid being fined by the industry regulator after a failure to manage its wastewater network led to unnecessary leaks. Ofwat said the utility had “failed to build” and operate its wastewater treatment works and sewer network to “ensure they performed sufficiently.” [...]
Jupiter snaps up UK’s largest asset manager for non-profits July 10, 2025 Jupiter Fund Management has acquired CCLA – the UK’s largest investment manager for non-profit organisations – in a bid to expand its UK reach. The deal, which values CCLA at £100m on a 100 per cent equity basis, will mark Jupiter’s entry into the non-profit investment arena. The FTSE 250 firm will add CCLA’s £15.1bn [...]
Hawk-Eye complaints at Wimbledon? You cannot be serious! July 10, 2025 Wimbledon’s Hawk-Eye controversies were human-made and technology’s role in refereeing sports will only grow, writes Ed Warner. In the chalk dust v Hawk-Eye battle there can only be one winner. Traditionalists may hanker after a Wimbledon of line judges, temper tantrums, smashed rackets and John McEnroe questioning the seriousness of the umpire but in tennis, [...]
Amex Global Business Travel boss: ‘London must feel safe if we want professionals to keep coming’ July 10, 2025 If London is to remain a top destination for professionals, it needs to feel safe, AMEX Global Business Travel boss Andrew Crawley says.