MPs on business committee launch Liberty Steel enquiry April 27, 2021 The parliamentary business select committee has today launched an enquiry into Liberty Steel following the collapse of Greensill Capital. It is at least the fourth enquiry into issues arising out of the failure of the boutique financier to have been launched so far amid a massive lobbying scandal involving former Prime Minister David Cameron. The [...]
The work of art in the age of mathematical reproduction April 27, 2021 Charles Kerrigan puts forward the case that we're all post-modernists now in the world of NFTs - even lawyers.
City of London plans to convert empty office space into housing April 27, 2021 Empty office space in the City will be converted into housing as part of a wider post-Covid revamp of the Square Mile. The City of London Corporation has outlined plans to convert some of the vacant office space into at least 1,500 new units by 2030. It comes as part of an overhaul of the [...]
City Corporation unveils action plan to be world’s most innovative, inclusive and sustainable centre April 27, 2021 The Square Mile must adapt to post-pandemic economic and social trends in order to remain a world-leading ecosystem, according to a new report published today by the City of London Corporation. The Square Mile: Future City, produced by the City Corporation’s Recovery Taskforce inpartnership with Oliver Wyman, sets out a vision for the next five [...]
Office landlord IWG says enquiries rebounded to pre-Covid levels in first quarter April 27, 2021 Office space provider IWG said enquiries bounced back to pre-Covid levels in the first quarter as it pushes ahead with its franchising strategy. IWG said the first three months of the year had provided a “clear inflection point, with occupancy stabilising in February and improving in March”. It said it expects the momentum to continue [...]
The office is not dead – far from it, say City insiders April 26, 2021 As the economy starts to reopen, the City is slowly coming back to life. A range of banks and Square Mile-based firms have started to formalise work from home policies and implemented flexible working arrangements. Businesses in every sector have been debating concepts of what the post-Covid office could look like with pessimists doubting its [...]
Tailoring after Covid: Bespoke womenswear April 26, 2021 London is famous for its gentlemen’s tailoring: Savile Row and Jermyn Street belong to a city of tailors, not couturiers. It is built in tradition that extends back more than two centuries, and the great cutters and robemakers will show you officers’ uniforms from the high Victorian period and the garments of orders of knighthood. [...]
The Super League was a bungled sales pitch from start to finish April 26, 2021 It could have been a news story tailor-made for the short attention span of the 2020s: the Super League, a football competition intended to rival or replace the UEFA Champions League at the summit of the European game, was announced last week. It floundered for a moment, before falling into abeyance in a shorter time [...]
The Square Mile’s recovery will create an innovative, inclusive and sustainable business eco-system April 26, 2021 Walking around the City’s streets has been a joyous experience since many businesses started to reopen their doors and welcome back customers. It has been fantastic to see the vibrancy and the buzz, which the Square Mile is so well known for, gradually returning, taking us that bit closer to the more normal times that [...]
Economy shows green shoots of recovery as dividends fall at slowest rate in a year April 26, 2021 UK dividends fell at their slowest rate in the first quarter in an encouraging sign the economy is starting to recover from the worst of the pandemic. Payouts fell 26.7 per cent to £12.7bn in the first quarter year-on-year, according to Link Group’s latest Dividend Monitor. Since the nearly 50 per cent drop in payments [...]