A meal with a view: Why street food market maverick London Union is looking for investors November 20, 2015 We're just scratching the surface of what’s possible in London,” says Jonathan Downey, co-founder of London Union, which transforms sad corners of the city into vibrant street food markets. Downey, known as JC and founder of Street Feast, teamed up with Henry Dimbleby, the founder of restaurant chain Leon, to start the new company. [...]
Dangerous Bank of England junction to be car-free by 2016 after cycling accidents November 20, 2015 Bank junction in the City could be closed to cars as soon as next year, the City of London Corporation has revealed, as planners push ahead with plans for a part pedestrianisation of the infamously busy crossroad. Under the proposals, which will be voted on at the end of this month, all cars, taxis and [...]
London is now a true rival to Silicon Valley – but risks loom November 19, 2015 This year has been dubbed the Year of the Unicorn. It’s not an allusion to the success of the Scottish National Party – the unicorn being the national symbol of Scotland – but rather a reference to the booming global startup scene. In the world of venture capital, “unicorn” is applied to young tech [...]
The Shard skyscraper wins new letting after poaching fintech firm from the City November 19, 2015 The developers behind the Shard skyscraper at London Bridge have secured another letting after poaching fintech firm Sapphire Systems from the City. The global software solutions firm has agreed to take 15,700 square feet of office space on level nine of the tower, City A.M. can reveal. It is understood to be paying in the [...]
IFS: The next generation to be poorer than their parents at every stage of their lives November 19, 2015 We all know Millennials were at the pointy end of the financial crisis – but the resulting effect could last for the rest of their lives, according to new findings. The research, by the Institute for Fiscal Studies (IFS), suggested young people are likely to have less wealth at each point in their lives than earlier generations did at the [...]
Prestigious brands suffer falling sales in China – but luxury hasn’t lost its lustre just yet November 19, 2015 Fom Hermes handbags and Tiffany jewellery, to Moet champagne and Hennessy cognac, luxury companies have had a storming run on the stock markets since the turn of the millennium. Alongside high-end brands with very exclusive products, the luxury sector also includes names considered commonplace in the West, such as Nike, L’Oreal and Swatch – which [...]
Ladies who don’t lunch: Lady Barbara Judge talks first impressions and why moderation is boring November 19, 2015 Ping! A reply from Lady Barbara Judge drops in my inbox, exactly 15 minutes after I sent over an email asking her whether she would be available for a “ladies lunch”. “Dear Maike I would be glad to do it. The problem is to find a date. With best regards, Barbara.” Surprised and pleased at [...]
The City needs to talk about mental health November 19, 2015 Mental health is one of the last great taboos in our society. While huge strides forward have been made when it comes to physical disability, sexuality, equality and diversity, it remains the case that too few people feel able to talk openly about their mental health. A lack of understanding, a perceived social stigma or [...]
Alt Fi Data on its new report, why transparency is so badly needed and what platforms need to do now November 19, 2015 It's been difficult to garner much substantive data on the equity crowdfunding industry. Reports have often been scanty, or just inaccurate. Evidently, the youth of the industry has meant that samples have not been large enough, or raises not long enough ago, to draw any meaningful conclusions. But with most of the larger players [...]
Lords back giving 16 and 17-year-olds EU referendum vote November 18, 2015 The House of Lords has backed giving 16 and 17-year-olds the vote in the upcoming referendum about Britain’s EU membership. Peers voted today to approve the change to the European Referendum Bill by a majority of 82, with 293 votes in favour and 211 against. If the government allows the move to stand when the issue [...]