Lloyd’s chair slams plans for Shard-height skyscraper next to Leadenhall Market July 2, 2024 The chairman of Lloyd's of London has objected to plans for the building of a new Shard-scale skyscraper in the City of London
Private fund manager Mercia gears up for boost from Mansion House Compact July 2, 2024 Mercia Asset Management has said it plans to reclassify as a trading company and cease to be an investing company as the firm focuses on its profitable funds under management.
Brits flock to cash ISAs as tax hikes bite July 2, 2024 Households deposited £4.2bn into cash ISAs during May, the highest figure for the month. It followed a record-breaking April, which saw a net inflow of £12.3bn.
‘Nobel prize of engineering’ finalist Sunamp to raise Series B as it mulls public offering July 2, 2024 An innovative battery firm nominated for the "nobel prize of engineering" is set to raise a Series B funding round in a few months with a future IPO becoming an increasingly "realistic proposition", its boss has said.
Motor finance test cases against Close Brothers and Firstrand head to Court of Appeal July 2, 2024 A test case containing three cases relating to motor finance commission will be heard at the Court of Appeal this week.
UK high street faces shareholder backlash over low pay July 2, 2024 UK high street shops like Sainsbury’s, Marks & Spencer and JD Sports are facing a shareholder backlash after failing to commit to pay all their staff and third-party contractors a real living wage. Big financial names backing a campaign against low pay include LGIM, HSBC Asset Management, Aviva, and Scottish Widows. In total, the institutions [...]
The Notebook: Will Labour have the City’s back? July 2, 2024 Lucy McNulty, editor of Following the Rules podcast, takes the notebook pen to talk politics, Brexit, and the need to celebrate the City.
Meet the founder of Sibstar — the banking app for families suffering from dementia July 2, 2024 In this week's Founder Profile, we meet Jayne Sibley, co-founder of Sibstar, a mobile app and debit card for people with dementia.
Is Keir Starmer the Gareth Southgate of politics? July 2, 2024 Like the England Manager, the Labour leader helms a united team ready to face up to 14 years of hurt (electoral defeats). But the nation’s hopes could so easily turn to soul-crushing despair if the next government fails to bring it home, says Emma Revell If it doesn’t work out as England manager, Gareth Southgate [...]
What makes King’s Cross London’s best train station? Competition July 2, 2024 Passengers on the East Coast mainline enjoy fierce fare competition and a choice of routes, so why isn’t this successful model replicated elsewhere on the network? Asks Tony Lodge What makes King’s Cross unique among London’s train stations? Why do passengers who use the station rate most of its train services the very best in [...]