Government dinner: Capital’s leaders call for end of “anti-London” rhetoric in keynote speeches May 31, 2022 London’s most high-profile leaders last night called for a reset of relations with central government in speeches at the Mansion House. The City’s elected chief – the Lord Mayor of London Vincent Keavney – told business and political leaders at the London Government Dinner that the words “metropolitan” and “London” have been used “as though [...]
London’s rebound gets a boost but rest of UK should garner attention May 9, 2022 Crossrail opening and the Bank branch of the Northern line coming back into action within the space of a fortnight? Ambassador, you are spoiling us. Both are great news for the capital’s rebound from the pandemic, and in the case of the Northern line it’s particularly so for the Square Mile. It would perhaps be [...]
Tech Weekly: Robinhood aims for the UK April 22, 2022 In this week’s episode, Lily discusses investment app Robinhood’s acquisition of FCA-approved and UK-based crypto startup Ziglu. Charlie also discusses payments startup Super Payments’ $30m funding boost; and online pension provider PensionBee’s new listing on London’s top market. Episode transcript (auto-generated) Host 0:07 Hello and welcome to Tech Weekly, a podcast by City A.M. where we go through [...]
Funding Circle founder gets $30m injection for new Super Payments firm April 20, 2022 The founder of fintech lender Funding Circle has bagged $30m backing for a new payments startup aiming to take on behemoths like Visa and Mastercard.
A Welsh dream: we can fight international competition with more regional investment April 19, 2022 The City holds the crown as the world’s leading international financial centre. Yet, we can do more to power the UK’s regional commercial hubs. London attracts a diverse pool of financial and professional services talent from all around the globe, and provides unrivalled UK business access to world markets. Its natural impulse for collaboration is [...]
The City View: Innovate Finance summit roundup, and two Lidl adverts banned April 6, 2022 Today Andy Silvester chats to City A.M. reporter Charlie Conchie, and whistles through the main headlines you need to know. Andy and Charlie go through this week’s fintech Innovate Finance summit — they discuss the London Stock Exchange CEO’s comments yesterday on bosses needing a pay boost; Ron Kalifa’s views on the mindset shift needed [...]
Mindset shift may be needed to embrace the riskiest but most rewarding new ideas April 4, 2022 Since the UK’s departure from the European Union, we have not been shy of reviews into the future of the City of London – and how to ensure the Square Mile is the most competitive financial centre in the world. Chief amongst those are the Hill Review into listing rules, and the Kalifa review into [...]
The City View: More Spring Statement analysis, and The Macallan’s Master Whisky Maker distills her craft March 24, 2022 Today Andy Silvester chats to Economics and Markets reporter Jack Barnett — they look back on yesterday’s Spring Statement; go through dire IFS figures; and discuss lack of growth in the UK economy. Andy also takes us through the business news: P&O are in even more hot water; and the CEO of convenience store operator [...]
Letters: Back into the fray March 24, 2022 [Re: Sanctioned Russian bank to vote in City of London Corporation election tomorrow, yesterday] Your article ‘Sanctioned Russian bank to vote in City of London Corporation election tomorrow’ is factually wrong and irresponsible journalism. It is individual workers rather than companies or organisations who are entitled to vote in the City of London elections. Any [...]
Exclusive: Sanctioned Russian bank to vote in City of London Corporation election March 22, 2022 Russia’s second largest bank VTB Bank will get a share of votes in the City of London Corporation election on Thursday, despite being severely sanctioned by the UK government. The powerful local authority allows businesses located in the City to have a certain number of votes, depending on how many staff they have, as only [...]