London was once a destination for the young, now it’s a compromise May 29, 2026 New research shows a third of young Londoners expect to leave within two years. The city is pricing out its talent, says Festus Akinbusoye.
Business services staff face redundancies at City law firm May 29, 2026 City-based law firm Clyde & Co has launched a restructuring consultation for its business service staff as part of its ongoing strategy to centralise support operations into regional hubs. The firm is proposing to move certain services currently performed by teams within legal support, purchase-to-pay, and IT to its service centres in Glasgow and its [...]
IFF Enters Into Agreement to Sell Its Food Ingredients Business to CVC May 29, 2026 Transaction advances portfolio transformation, sharpens focus on higher-growth, higher-margin businesses, strengthens balance sheet, and enhances value creation for shareholders
£450m City block approved after developers lop three storeys of plan May 29, 2026 Revised plans for a new £450m tower in the City have been rubber-stamped by the Square Mile’s planning committee after developers chose to lop three stories off the building’s design in response to fierce local criticism. The City of London Corporation greenlit an adjusted proposal for the 1 Silk Street mega-scheme on Thursday, saying it [...]
How Britain’s most resilient founders turn failures into fuel May 28, 2026 At SCALE EXPO & SUMMIT on 22 April, business journalist Dougal Shaw brought together three entrepreneurs to talk about setbacks and comebacks – the theme of his new book, Fail Smarter. Failure is not something most of us talk about at business events. When you’re pitching to investors, winning over customers, or convincing talented people [...]
Real Chemistry Appoints Healthcare Industry Leaders Frank Clyburn and Chris Fikry to Board of Directors May 28, 2026 New independent directors bring deep experience in commercialization, data-driven transformation and growth
European DataWarehouse Launches DealDox®, a Next-Generation Virtual Data Room Built specifically for the Securitisation Market May 28, 2026 European DataWarehouse (EDW) announced today the launch of DealDox®, a secure virtual data room uniquely tailored to the needs of the securitisation and structured finance market. Developed in response to long‑standing challenges around transaction data and document management, DealDox provides a single, secure environment where all parties throughout the deal lifecycle can collaborate efficiently while [...]
Elite law firm to splash £370m on building own AI tool May 28, 2026 The world’s largest law firm by revenue, Kirkland & Ellis, is investing £370m ($500m) to develop its own custom-built AI platform, challenging competitors that rely on widely used third-party AI tools. The US-based firm, which has a large office in the City, said it plans to spend hundreds of millions over the next three to [...]
Number of Neets passes 1m May 28, 2026 The number of Neets, otherwise young people not in education, employment or work, jumped past 1m in the first three months of 2026, official data has revealed. The Office for National Statistics (ONS) has said that there were 1,012,000 young people between the ages of 16 and 24 out of work in the first three [...]
Fluidra Appoints Juan Graham as Chief Financial Officer May 28, 2026 Fluidra’s Board of Directors appointed Juan Graham as Chief Financial Officer following a planned succession process. Xavier Tintoré, who has served as CFO since 2010, has decided to begin a new professional and personal chapter and will remain with the company over the coming months to ensure a smooth handover.