60 Seconds with Sculpture in the City’s Stella Ioannou May 24, 2021 Stella Ioannou is Director at Lacuna – Creative Projects Consultancy, the artistic director of Sculpture in the City. This annual urban sculpture park set amidst the iconic architecture of the City’s insurance district has become one of the Square Mile’s cultural highlights. Every summer, the City of London Corporation, in partnership with local businesses, unveils [...]
Retirement villages may offer high streets their needed post-pandemic revival May 24, 2021 Retirement village provider Audley Group and BlackRock Real Assets have embarked on a £500m joint venture into the retirement living sector in the UK, which could bring high streets the much-needed footfall for post-pandemic revival. The joint venture, confirmed yesterday, will fund the development of at least three retirement communities, which will be ready for [...]
Wholesaler Kitwave raises £64m on London debut May 24, 2021 Food wholesaler Kitwave has today raised £64m after listing on the AIM market of the London Stock Exchange (LSE). Each of the firm’s selling shareholders earned £17.6m from the IPO, the firm said in a statement. Based on a placing price of 150p per share, the firm has a valuation of £105m, it added. Chief executive [...]
Brexit exclusive: UK-Norway trade deal close to collapsing as Christian-Democrats block pact to protect farmers from British beef and cheese May 24, 2021 A comprehensive free trade deal between the UK and Norway is at risk of collapsing as the Christian Democrat party fears such a pact would hit farmers in Scandinavia’s richest country too hard. The Christian Democrats party (Krf), part of the current coalition government, plans to block opening up the Norwegian market to British beef [...]
Ministers preparing to allow pubs to serve people at the bar from June May 24, 2021 Ministers are speaking with the hospitality sector about relaxing rules on ordering drinks at the bar in pubs across England from 21 June as the government looks set to stick with its roadmap timetable. Chief executive of the UK Health Security Agency Dr Jenny Harries said yesterday that the prospect of lifting most if not [...]
Can companies really balance the needs of all stakeholders? May 24, 2021 The question of whether companies can combine profits with purpose continues to be a thorny one. In March, management change at French food producer Danone underlined the difficulties some companies face in trying to become more sustainable businesses. The CEO-chairman, who had made a powerful statement of intent by formally turning Danone into a “purpose-driven [...]
The hybrid working gap: The young, broke and single prefer the office May 24, 2021 Older workers are more likely to prefer hybrid working models than younger people. Half of employees aged 18 to 24-years-old want to return to the office full time, compared to just 29 per cent of over 55s, according to a survey carried out by Totem, an employee engagement and culture app The survey showed that 66 [...]
CBI: Bold changes needed after pandemic to transform the UK into trading powerhouse May 24, 2021 CBI: Bold changes needed to transform UK into trading powerhouse
Beyond Pret sandwich sales, how do we measure the recovery of London? May 23, 2021 After more than a year of lockdown restrictions, words like “recovery” are thick in the air. Indeed, the Bank of England is forecasting annual growth of 7.25 per cent, the fastest rate since 1941; positive news, but it is not the most digestible statistic for much of Britain’s population. The most important benchmarks are ones [...]
Virtual internships could break down social mobility barriers in the City May 22, 2021 Earlier this month, Boris Johnson announced working from home guidance would come to an end on June 21. This is a reassuring sign that life is coming back, slow and surely, into the City – an encouraging sign for graduates looking to secure a role with a leading firm this year. Many young people will [...]