NatWest chief Rose receives Damehood in King’s first new year’s honours list December 30, 2022 The head of high street and still partly taxpayer owned NatWest Alison Rose will receive a Damehood in King Charles’s first new year’s honours list since succeeding The Queen. Rose, 53, became the first woman to head a top UK lender when she was made chief executive in November 2019. She has been awarded a [...]
The best restaurant I ate at in 2022: Why Sessions Arts Club is pure dining escapism December 30, 2022 Every now and then, perhaps once or twice a year, a place opens that combines all the right elements in just the right order to create the rare alchemy that we call the “it” restaurant. Gloria did it with its maximalist Italian amore della vita, as did Gymkhana with its studiously crafted modern Indian cuisine [...]
AI and risk management: Are financial services future-proof? December 30, 2022 Emre Kazim, Ashyana-Jasmine Kachra and Ayesha Gulley of Holistic AI look at how to steer around the risks of AI adoption.
‘Bank of mum and dad’ to return in fight against mortgage and rent double whammy December 27, 2022 The “bank of mum and dad” may be called upon for more help in the new year, as aspiring first-time buyers deal with a double whammy of higher mortgage rates and surging rental costs while they try to save. But for those buyers who are able to make the jump onto the property ladder next [...]
Square Foot Mile: Corporate office space deals surged by 25 per cent in 2022 December 23, 2022 Big corporate deals for London HQs has caused office leasing volumes to surge by almost 25 per cent. The post-pandemic return to the office is in full swing, with central London take-up rising by 24 per cent this year. Of the increase, demand for high-quality space in the capital has skyrocketed with 60 per cent [...]
London flexible office occupancy rates recover to pre-pandemic levels December 22, 2022 Flexible office spaces in central London have seen their occupancy rates recover to pre-pandemic levels, new data shows. A majority (86 per cent) of the world’s top 30 flexible workspace providers have seen now seen occupancy rates in their central London offices surpass levels of 60 per cent, a survey by Knight Frank shows. A [...]
Filly your boots: The big horse racing moments of the year December 21, 2022 The year has been full of brilliant horse racing, sprinting and controversy. City A.M. take a look at the key runners, riders and winners of the calendar year. Jumps at home With recent news that the glorious Cheltenham Festival will remain a four-day event, it’s worth starting in the Regency Town. The Friday is known [...]
Best of 2022: How Games Workshop founder Ian Livingstone created a £3bn giant December 19, 2022 In a leafy enclave of West London, Ian Livingstone is balanced precariously upon a chair in his study, grasping for a top-shelf box filled with incredibly rare figurines. The legs of the chair creak in protest, and there is a moment when I fear I may be responsible for the untimely death of the man [...]
Premier League: Bournemouth is latest club to be bought out by a US businessman December 13, 2022 Premier League strugglers Bournemouth have been bought out by a US-led consortium including actor Michael B Jordan. Owner Maxim Demin has sold his 100 per cent stake in the firm to Black Knight Football Club (BNFC), managed by American businessman Bill Foley. The bid also has a number of high profile backers, including award-winning actor, [...]
Travers Smith calls juniors into the office for four days a week December 8, 2022 Travers Smith has become the latest City law firm to call lawyers back into the office after telling staff to spend 60 per cent of their time at work. The law firm’s new “agile working” policy calls on Travers Smith’s lawyers to come into the office for six days across every two working weeks. [...]