Artist residences: why wealthy travellers pay to be around good art August 10, 2025 Hotel groups have caught onto the idea that corporate types like hanging around with artists. The rise of ‘artist residences’ across the capital and further afield proves artists have clout that bankers will buy their way closer to, if only for the night. Properties often house artists for free or cheap in return for them [...]
AIM directors ruffle shareholder feathers with exec pay shenanigans August 7, 2025 It’s not just Tesla awarding eye-watering pay to execs. Even the bosses of the smallest of small caps are finding novel ways to boost their remuneration. That appears to be the case for the directors of AIM-listed property company DCI Advisors. In October 2023, DCI proposed an incentive plan which, by the calculations of the [...]
Securing the Future: Zscaler’s New EMEA Hub Puts London at the Center of Zero Trust Innovation August 7, 2025 In a testament to its commitment to innovative cybersecurity, Zscaler has chosen to locate its new European headquarters in The Royal Exchange in London. The state-of-the-art hub represents more than just a physical office upgrade. It is a strategic investment that underscores London’s role as a dynamic nexus of technology, security, and business transformation. Zscaler’s [...]
Could this be Britain’s most expensive shed? August 7, 2025 As we report today, there’s been a nationwide downturn in construction. The issue is especially acute in London – the place housing is needed most – where the number of new home starts is hurtling towards zero. At this rate, there is just no way the government will meet its target of building 1.5m new [...]
‘My boss knew I’d leave Freshfields from my first week in’: Nnamdi Emelifeonwu on setting up legal tech firm Definely August 7, 2025 Freshfields lawyer Nnamdi Emelifeonwu left law to set up legal tech firm Definely. He takes us through his career in Square Mile and Me.
London hit with a slowdown in mid-market deal activity August 6, 2025 Mid-market private equity investment in London suffered a fall in the first half of this year, as economic uncertainty and wider geopolitical issues affected investment activity. According to fresh analysis from professional services giant KPMG, the volume of mid-market private equity investment fell 14 per cent in the capital, with just 168 deals completed. KPMG’s [...]
AI-for-Excel firm Tracelight raises $3.6m to streamline finance work August 6, 2025 UK founded AI company, Tracelight, has raised over $3m in seed funding as it bids to hand laborious finance work over to AI tech. The London based company raised $3.6m (£2.7m) in seed funding from a series of venture capital firms, led by Chalfen Ventures with participation from Acequia Capital, Inovo and EF City AM [...]
BNY Investments team get game face on for City AM Triathlon Team Challenge August 6, 2025 The Square Mile has long upheld the “work hard, play hard” mantra and the BNY Investments trio taking on the City AM Triathlon Team Challenge this weekend are doing their bit to honour that tradition. Data analyst Matt Stearn, control and resiliency director Anthony Guinot and software engineer Ben Pudsey will be representing the global [...]
Adanola valued at £400m as Kendall Jenner favourite sells stake August 6, 2025 Adanola, the athleisure brand worn by the likes of Kendall Jenner, Molly-Mae Hague and Maya Jama, has been valued at around $530m (£398m) after securing a new backer. Story3 Capital Partners has acquired a minority stake in the Manchester-based label which was founded by Hyrum Cook in 2015. Other well-known personalities who are fans of [...]
Simmons: Bar chain owed millions to OakNorth, tax collectors before entering administration August 6, 2025 Simmons owed millions of pounds in debts to OakNorth bank and tax collectors before it was put into administration, fresh corporate documents have revealed. The London-based cocktail bar chain has made at least 30 staff redundant alongside closing several sites as founder Nick Campbell battled to secure rescue funding to buy the company in a [...]