City of London approves Barbican Centre regeneration ahead of 50th anniversary December 6, 2024 A £191m funding package has been approved to repair and upgrade the Barbican, the City of London’s flagship cultural and performing arts centre. The City of London Corporation approved the package yesterday, and construction on the Barbican Centre will begin in 2027. The package will fund 80 per cent of the first phase of the [...]
Revolut adds ex-Lord Mayor and KPMG veteran to UK board ahead of bank launch December 6, 2024 Revolut has appointed a former Lord Mayor of London and Big Four veteran to its UK board as the fintech giant prepares to launch as a fully-fledged bank in its home market. The London-based banking company added Fiona Fry and Peter Estlin as non-executive directors while it works through the mobilisation period for its UK [...]
The Devil Wears Prada musical review: Meryl Streep is missing December 6, 2024 The Devil Wears Prada musical review and star rating: ★★★☆☆ Despite her many more serious, grown up roles, Meryl Streep has become defined by The Devil Wears Prada. Such is the fascination with enigmatic Vogue editor-in-chief Anna Wintour, who Streep plays a fictionalised version of in the film. Both Wintour and the character Miranda Priestly are [...]
Mystery as Banksy artwork on Brick Lane disappears overnight December 5, 2024 An artwork by Banksy on Brick Lane which first appeared in the summer has been removed overnight for reasons yet to be confirmed.
Gatwick and Birmingham airport chiefs urge Rachel Reeves to tackle business rates threat December 5, 2024 Chief executives from Gatwick and Birmingham Airport have criticised Chancellor Rachel Reeves' planned changes to business rates.
New HSBC boss continues leadership reshuffle with more executives to depart December 5, 2024 HSBC has announced the departure of several senior executives in the latest leadership reshuffle overseen by its new chief executive. Georges Elhedery, who succeeded Noel Quinn in September, said the changes will help Europe’s biggest bank “better focus on the businesses where we have clear competitive advantage”. They are part of a sweeping restructuring of [...]
Complex building requirements ‘holding back the City’ as development pipeline stalls December 5, 2024 "A large commercial scheme can take up to 10 years from a decision to obtain vacant possession through to occupation," the CPA said.
Mark Kleinman: Tucker’s luck could mean handing over HSBC reins during a trade war December 5, 2024 Mark Kleinman is Sky News’ City Editor and is the man who gets the Square Mile talking in his weekly City AM column. This week he tackles HSBC’s chair changeover, the FCA’s recent climbdown, and a mighty job at Mitie. Tucker’s luck could mean handing over HSBC reins during a trade war Just as one swallow doesn’t make [...]
Another London-listed firm goes private as deals bonanza accelerates December 4, 2024 Another London Stock Exchange-listed firm waved through a take-private deal today in the latest of a torrent of exits from the City’s bourse this year. Learning Technologies, an AIM listed edtech company, agreed to an £836m takeover from US private equity behemoth General Atlantic, making it one of 45 listed companies to sell-up or enter [...]
Rio Tinto faces renewed calls to abandon primary London listing December 4, 2024 In a letter to the board, reported by the Financial Times, Palliser Capital said Rio Tinto's dual listing in London and Sydney had been an "unmitigated failure".