Lawyers are the new bankers as £1m salaries become the norm December 31, 2024 US law firms dominate London's legal market with aggressive hiring, record salaries, and bold investments, widening the gap with UK rivals
Ratcliffe, IPL and Littler: The City AM Sport 2024 year in review December 31, 2024 It was the year that was in sport; when iconic athletes retired, major brands made fascinating choices and one pole vaulter was knocked out of the Olympics because of his hefty package. The 12 months that made up 2024 weaved the retirement of cricketer James Anderson with the iconic breakdancer Raygun, it saw a German [...]
Investment bosses back UK stocks in 2025 and fret over Trump December 31, 2024 The chief investment officers of some of the UK’s largest asset managers have said they expect UK stocks to outperform global equities in 2025. However, they’ve also warned that trade wars represent the biggest threat to investors in 2025, as US President Donald Trump’s election threatens to heighten global supply chain issues. According to data from [...]
The purposeful CEO is dead: Long live the ‘corporate diplomat’ December 31, 2024 The era of green-centric grandstanding by CEOs might be over – welcome to the age of corporate diplomacy, writes Ali Lyon It had never been more essential, Blackrock’s Larry Fink wrote in the 2022 edition of his widely-read annual letter to CEOs, for bosses “to have a clear purpose”. “Putting your company’s purpose at the [...]
Ahead of the Game: Man United cuts could be copied by other clubs December 30, 2024 Manchester United’s controversial move to slash the funding it provides to its charitable foundation as part of cost-cutting measures introduced by Sir Jim Ratcliffe could be followed by other Premier League clubs. The Manchester United Foundation are set to be the latest victims of Ratcliffe’s drive to cut costs at Old Trafford, with Sky News [...]
Hiring frenzy at London law firms as ‘apex predator’ disrupts market December 30, 2024 Partners at London law firms are switching companies at record pace as a surge of investment by American rivals ramps up competition for talent. According to data provided by legal recruiter, Edwards Gibson, there were 546 partner moves recorded over 2024. This figure is up seven from 510 moves in 2023, and up 14 per [...]
Retail insolvencies set to surge as Budget bites, experts warn December 30, 2024 A wave of insolvencies could be coming to the retail and hospitality sectors next year as businesses crumble under the tax bill brought on by Labour’s Budget, bosses have warned. Insolvencies and restructuring could rise further over the start of 2025 as firms face increased cost pressures, industry experts have said, with the retail, hospitality [...]
Unaffordable London house prices push first-time buyers to the north December 30, 2024 House prices across the UK have shown signs of rebalancing as prices come down in the capital and jump in the North West and Yorkshire. London has a house price to earnings ratio of 8.22, making it one of the least affordable places to live in the country, against a national ratio of 6.55. Seven [...]
Geopolitics, property and the London marketplace: Here’s what’s in store for insurance next year December 30, 2024 Insurance market in 2024 was defined by record floods and soaring premiums. So what are expects predicting for 2025?
Can you match the quote to the MP who said it in 2024? December 30, 2024 From election campaigning, to Labour’s first months in office, 2024 has been chock-full of memorable political moments. And for our politicians, the past 12 months have seen some memorable quotes enter the record books too. Take a look back at our 2024 quotes quiz and test your political memory.