Tech firm plots London listing (yes, really) in boost to barren IPO market August 21, 2023 A compliance tech firm which help financial firms navigate regulation is plotting a move on to London Stock Exchange in a boost to the City after a barren first six months of the year, according to reports.
Horizon 22: London sky-high viewing gallery set to elevate the capital August 21, 2023 London is preparing to level up its skyline game with the unveiling of Horizon 22, Europe’s highest free public viewing gallery. Set to open its doors this September, Horizon 22 is perched on Level 58 of the towering 22 Bishopsgate – City of London’s tallest building. Horizon 22 is “yet another huge vote of confidence” [...]
West Ham show up £800m Chelsea: 5 things we learned from the Premier League August 20, 2023 Chelsea have spent more on players since last summer than it cost to construct West Ham United’s home, the London Stadium. The 3-1 loss of the former at the latter today, even against 10 men for much of the second half, shows the Blues’ rebuild still has a long way to go. It was a [...]
Sky-high pay for broadcaster chief despite poor performance August 20, 2023 Sky’s head honcho Dana Strong has pocketed more than $30m (£23.6m) in just two years making her one of the UK’s highest paid executives, despite the broadcaster’s finances taking a nosedive last year. Sky owner Comcast delivered a pay check of $15.2m to Strong in 2022, even as revenues plummeted 11.5 per cent. In 2021, during [...]
Explainer: Ukraine is one step closer to getting F-16 fighter jets August 18, 2023 After another week of violence and raid attacks, Ukraine finally received some positive news. The US finally showed a strong sense of urgency around sending F-16 fighter jets from Washington, after months of stalling. Anthony Blinken, the US Secretary of State, reached out to his counterparts in the Netherlands and Denmark to reiterate that Ukraine [...]
More than 130 leaks in Westminster buildings – but not THOSE kind of leaks…. August 18, 2023 More than 130 sewage leaks have sprung up in government buildings over the last year, new data has revealed. The majority of the 138 leaks were at Ministry of Defence (MoD) buildings, with 102 incidents at sites including Royal Naval airbase Culdrose, Cornwall and RAF Henlow, Bedfordshire. The Liberal Democrats, who obtained the information via [...]
Ovo backs Ofgem call for ‘radical’ redesign of energy price cap as Brits brace for winter August 16, 2023 Ovo has supported Ofgem's calls for the set up of the energy price cap to be reconsidered, with household bills to stay high this winter.
Cocktails in the City is returning – here’s everything you need to know August 16, 2023 Raise a glass, or five: Cocktails in the City returns this week, which is your chance to drink unusual and high quality mixes from some of the best bars in London, all outdoors in Bedford Square Gardens. There’s a festival-like atmosphere as bar tenders and mixologists set up stands in the Square. Some of the [...]
‘The plan is working’: Sunak hails falling inflation – but PM warned targets still in jeopardy August 16, 2023 Rishi Sunak and Jeremy Hunt have welcomed today’s dramatic fall in inflation to 6.8 per cent, with the prime minister saying it shows his “plan is working”. The government welcomed today’s news of falling headline inflation, despite expectations the Bank of England is still likely to hike interest rates for a 15th straight time. However, [...]
Energy firms split as Ofgem boss calls for price cap rethink August 15, 2023 Energy bosses are split over the role of the price cap in the UK's retail market, with a seeming rift between challengers and the Big Six.