London is in a race for space – and developers need to do more than look up April 12, 2024 Tall buildings are great, but with huge demand for quality physical space in the capital, the construction industry needs to be more creative, says Ged Simmonds Despite post-pandemic fears of vacant buildings and stranded assets, recent coverage has revealed that London is now in the midst of a ‘race for space’. News that Deloitte has [...]
Blackrock fails appeal to cut tax bill on £10.8bn Barclays deal April 11, 2024 The Blackrock Group has lost an appeal to reclaim tax from HM Revenue and Customs (HMRC) on its 2009 $13.5bn (£10.8bn) acquisition of Barclays Global Investors. The asset manager’s structure Blackrock Holdco 5, LLC was used to acquire the North American investment management business of Barclays Global Investors from Barclays Bank in December 2009. At [...]
Vietnamese woman sentenced to death for £10bn white collar crime April 11, 2024 Truong My Lan (67), the founder of Van Thinh Phat Group, a real estate development group, was arrested in 2022 for her role in a £10bn financial fraud, the country's biggest on record.
Red Eye actor Jing Lusi on Asian representation: ‘Diversity isn’t black or white – literally – it’s all ethnicities’ April 11, 2024 Jing Lusi is the first Asian actor in a leading role in a primetime British drama. She speaks to The City A.M. Magazine
Is the Masters still on the BBC? Where can I watch the highlights? April 11, 2024 The BBC used to be the UK home of the Masters and showed all four days of play until 2010.
Lenders expect higher default rates on mortgages and credit cards in coming months April 11, 2024 British lenders are seeing increasing demand for mortgages and credit card lending but higher default rates, according to an official survey, as households and businesses struggle with elevated borrowing costs.
UK corporate health ‘stabilises’ as Germany remains ‘most distressed market’ in Europe April 11, 2024 The findings will boost confidence that the UK's corporate sector will face fewer pressures than last year, when 25,000 firms went bust.
FCA takes action against disgraced stock picker Neil Woodford for ‘defective understanding of responsibilities’ April 11, 2024 Former manager of the Woodford Equity Income fund, Neil Woodford, has been slammed by the FCA for his actions running the fund.
Mark Kleinman: 777 bid for Premier League side Everton should dial 999 for help April 11, 2024 Mark Kleinman is Sky News’ City Editor and is the man who gets the City talking in his weekly City A.M. column. This week he tackles the Everton's takeover bid, CVC's float hopes and ex-BP boss Bernard Looney's next destination.
Ed Warner: Why the London Marathon is a world leader – and a bargain April 11, 2024 Only New York can match it for glamour ansd profile.