CEOs who weighed into GB News learnt a valuable lesson on the power of politics July 1, 2021 If CEOs learn anything from the campaign to boycott GB News and the fallout generated by companies’ responses, it is that they ignore politics at their peril. Over the last half-century, one of the most important shifts in the business world has been corporate leaders recognising they have wider responsibilities to society as well as [...]
City of London Corporation unveils plans for startup hub at City Place House July 1, 2021 The City of London Corporation this morning announced it has resolved to grant planning permission for Great Portland Estates’ redevelopment of City Place House into a 13-storey office structure that will include affordable space for small businesses and startups. The redevelopment, which will be overseen by Great Portland Estates, will be redeveloped into a 44,500 [...]
Nexo platform launches full integration of Cardano July 1, 2021 The Nexo digital assets platform has initiated the integration of Cardano's native ADA to its full suite of financial services.
City of London ‘set for exemption from new global tax rules’ June 30, 2021 The City of London is set to win an exemption from new global proposals for taxing multinational companies in a boon for the Square Mile’s largest banks. The FT reported that Britain’s pitch for a carve-out for its financial services sector has been accepted in the ongoing talks at the OECD in Paris. But sources [...]
Award up for grabs for businesses which back community sport June 30, 2021 Businesses in London can be nominated for an award recognising their role in supporting community sport. The London Sport Awards, which take place in December, celebrate the efforts of volunteers, organisations, physical activity and sport projects across the capital over the last 18 months. The 10 categories include the Business Contribution Award, which aims to [...]
City Corporation extends financial support for SMEs to end of July June 30, 2021 The City of London Corporation has today (30 June) announced it is extending the deadline for submissions to its Covid Business Recovery Fund to 30 July. The funding pot offers up to £50 million in support for SMEs which contribute to the Square Mile’s vibrancy at street level, and which directly provide services to returning [...]
City lawyer Neil Gerrard of Dechert denies allegation he was ‘in rape mode’ June 30, 2021 A top City lawyer alleged to have told colleagues that he was going to “screw” his client for millions of pounds in fees has emphatically denied the claim, telling the High Court it was “utterly ridiculous”. Kazakh mining giant Eurasian Natural Resources Corporation (ENRC) is suing its former lawyer Neil Gerrard for allegedly leaking confidential [...]
Recognising voices: Lessons from Asian Pacific American Heritage Month – targeted violent crime on the rise June 30, 2021 DiverCity® Podcast · The Perspectives of Discrimination and Representation Violent crime targeting Asian people in the US soared by 150% in the US in 2020. The UK has noted a 300% increase in hate crimes against East Asian and Southeast Asian communities since 2020. Tackling this horrific rise in violence means tackling subversive racism and [...]
A truly Global Britain must slash bureaucracy to draw in international investment June 30, 2021 Not that long ago there was an assumption that globalisation was inevitable – writers from Fukayama to Friedman were anticipating the victory of liberal capitalism and a “flat world” in which capital, people and trade flowed freely, driven by the power of big business to knock down national barriers to their pan-national corporate interests. That [...]
Winning design for 21st Century City Police Boxes unveiled June 29, 2021 Traditional police boxes in the Square Mile are set to be reimagined as new ‘Digital Service Points’ after the City of London Corporation announced the winning design today (29 June). The design competition winner, ‘The London Stones’ by architecture and design studio Unknown Works, includes space for digital information screens, essential communication technology and for [...]