Two-thirds of workers feel unsupported by managers over mental health issues as the City ramps up its efforts to improve | City A.M. May 8, 2017 More than 150 City firms spanning banks, professional services companies and law firms, are teaming up to try and change how mental health in the workplace is dealt with. Thousands of staff in the City of London, and across the UK, will wear green ribbons as part of a campaign, inspired by PwC’s Green Light [...]
Deutsche Bank puts faith in Brexit Britain with new City headquarters at 21 Moorfields in 2023 March 24, 2017 Deutsche Bank, Germany’s biggest lender, has given London a resounding vote of confidence by agreeing a 25-year lease on new UK headquarters in the Square Mile. Staff at the bank were informed yesterday of the plan to move to a new development being built at 21 Moorfields, in 2023. Most of Deutsche’s London-based staff currently [...]
The Office Group is expanding to Hammersmith March 16, 2017 Co-working office provider The Office Group is expanding its footprint in the capital, taking out a 20-year lease on a building in Hammersmith. The company is opening up 61,000 square feet (sq ft) of flexible office space across the lower eight floors of 1 Lyric Square, a block located just minutes from Hammersmith tube station. [...]
Editor’s Notes: Lloyd’s has bigger things to worry about than staff nipping out for a drink February 16, 2017 When I started working at a Westminster PR firm eight years ago, I had to learn how to drink at lunch. It wasn’t exactly a hardship. We were a small office (just three people when I joined) and every day we would decamp to the Italian next-door and see off a few bottles of red. [...]
London is a monument to the benefits of openness and internationalism February 6, 2017 "London is open”. This much-publicised campaign, launched by mayor of London Sadiq Khan and garlanded with column inches and broadcast coverage, is doing a great job of communicating the fact that the world’s greatest city wants nothing to do with the protectionism that seems to be appearing elsewhere in the world. We stand as a [...]
Germany’s finance minster warns against “punishing” Britain and losing out on the City February 5, 2017 The merits of the Square Mile should lead Europe to offer a “reasonable” deal on Brexit, according to Germany's finance minister. Speaking to German newspaper Tagesspeigel, Wolfgang Schauble warned against seeking to “punish” the British for the decision to leave the EU. “We want to keep Great Britain close to us,” Schauble said. Read More: Hurting the [...]
How are the UK’s business groups reacting to the Brexit white paper? February 2, 2017 Some of the UK's biggest business groups have come out in favour of a Brexit white paper published by the government today, but questions still remain on the rights of EU nationals. The Department for Exiting the European Union published the paper earlier this afternoon, following pressure from MPs to provide more information on Brexit [...]
Theresa May vows to turn Britain into “a great global trading nation” January 17, 2017 Prime Minister Theresa May will today vow to make Britain “a great global trading nation” in an eagerly-awaited landmark speech on Brexit. Speaking at Lancaster House later today, May will set out 12 key negotiating objectives for the UK, underpinned by promises to provide certainty and clarity, and to create a stronger, fairer and more [...]
CBI boss Carolyn Fairbairn sounds the alarm on Brexit “crash-landing” January 16, 2017 CBI boss Carolyn Fairbairn has issued a warning against "crash-landing" into Brexit without planning or sufficient preparation. Ahead of Theresa May's landmark address on tomorrow, Fairbairn has issued a last-ditch plea for a negotiated settlement with Europe, including provisions for transition. "The practicalities of a disorderly crash-landing need to be understood," Fairbairn told the Guardian. "An [...]
Chancellor Philip Hammond praises “success story” Funding Circle as it announces $100m investment January 12, 2017 Chancellor Philip Hammond has praised Funding Circle as a “real success story for British fintech” after the peer-to-peer (P2P) platform announced a new $100m (£82.5m) equity capital. The funding round was led by Accel Partners and included participation from existing investors Baillie Gifford, DST Global, Index Ventures, Ribbit Capital, Rocket Internet, Sands Capital Ventures, Temasek and Union Square [...]