WFH: Blackrock orders managing directors to work full week from office May 8, 2025 Blackrock is ordering its most senior staff to work from the office five days a week in the latest example of financial institutions abandoning the flexible working from home (WFH) policies many adopted in the wake of the pandemic. The investment juggernaut will tell its workers that all of its approximately 1,000 managing directors across [...]
Visit a rooftop bar: London’s best sky-high drinking spots for summer May 8, 2025 Find your favourite rooftop bar: London’s latest openings for 2025 are listed below Provencal themes are jolting drinkers out of the capital and to the south of France this spring, as many of the best London rooftop bars deck out their outdoor areas with escapist design themes. That’s why we particularly love The Culpeper, who [...]
Derwent: Return to office mandates boost London landlord May 8, 2025 Ongoing high demand for central London offices, combined with low supply of best-in-class space, has boosted real estate investment trust (REIT) Derwent in the first quarter of the year. Derwent said leasing activity in the year to date totalled £2.7m, with a further £3.7m of rent under offer. Open market lettings ticked up by 2.7 [...]
Lloyd’s of London selects Patrick Tiernan for CEO position May 8, 2025 Lloyd's of London appointed Patrick Tiernan as its chief executive officer after John Neal revealed in January is was going to step down
House prices rise in April: ‘The market is baring its teeth’ May 8, 2025 House prices in the UK ticked up in April as the market unexpectedly bounced back from the end of stamp duty relief. According to Halifax, house prices increased by 0.3 per cent in April vs a fall of 0.5 per cent in March, making the average property now £297,781. Prices have been remarkably stable over [...]
Harbour Energy forecasts higher oil and gas production May 8, 2025 Oil and gas firm Harbour Energy has edged up its full-year production guidance despite recent market volatility. Annual production is expected to come in at between 455 to 475 kboepd, up from a previously guided range of 450 to 475. The London-listed group on Thursday also reaffirmed guidance for a full-year operating costs of $14/boe, [...]
Raiola Ratings, FPL gurus and €1m: What super agent’s family did next May 8, 2025 The larger-than-life, occasionally combustible figure of football super-agent Mino Raiola couldn’t have appeared further from the world of number-crunching and algorithms. The late transfer broker, whose clients included Zlatan Ibrahimovic, Paul Pogba and Erling Haaland, always seemed far more into pressing the flesh and pouring champagne than poring over data. But one strand of the [...]
Sir Martin Sorrell: Clients ‘cautious’ as S4 Capital’s income tumbles May 8, 2025 S4 Capital, Sir Martin Sorrell’s advertising giant, recorded a sharp drop in revenue in its first-quarter trading update as geopolitical tensions weighed. The firm posted a 11.4 per cent slump in net revenue to £148.3m, which it said reflected the “continuing technology client caution” and headwinds from one “key client”. Takings from marketing services reduced [...]
Trump poised to announce US trade deal with UK May 8, 2025 President Trump will announce a US-UK trade deal today, according to a New York Times report which has since been backed up by Sky News. In a post on X, Sky News’ Sam Coates said that the claims are “substantive”, and that the announcement today would be “a ‘heads of terms’ agreement rather than the [...]
What price do you put on London 2040 Olympics and 2029 athletics meet? May 8, 2025 Ed Warner writes on the 2040 London Olympics and 2029 World Athletics Championships ambitions and what price you can put on the impact such events have. For London 2012 and London 2017 read London 2040 and London 2029. Plans are afoot to persuade the IOC and World Athletics to return their flagship events to Britain’s [...]