‘Constant deadlines, zero work-life balance’: Concern over 100-hour weeks after two deaths at Bank of America May 25, 2024 Working conditions for junior staff at some of the world’s largest investment banks have once again hit the headlines following two deaths this month at Bank of America.
Formula E and motorsport at heart of a China waking from its slumber May 25, 2024 In Rome’s Palazzo dei Congressi last summer, Formula E chief executive told City A.M. that a return to racing in China after four years was on the cards. “We need to be in mainland China,” he said. “I know we can dance around that a bit but we need to be in mainland China. “Every [...]
AIM high: Why the London Stock Exchange still matters May 25, 2024 Urgent reforms are needed to prevent the flow of companies exiting the London Stock Exchange becoming a flood – and AIM is a great place to start, says Lord Rothschild As the executive chairman of a company listed on the Alternative Investment Market (AIM), conventional wisdom dictates that I must be desperately unhappy with my [...]
House of Representatives pass clarity-seeking FIT21 bill with bipartisan support May 24, 2024 On Wednesday, the US House of Representatives voted on the Financial Innovation and Technology for the 21st Century Act (FIT21) bill. The bill passed 279 to 136, with support from both Republicans and Democrats. This week has been one of the most progressive ever for US crypto policy.
Happy birthday to the Elizabeth line May 24, 2024 The economic value the Elizabeth Line has brought to London cannot be underestimated, but we can’t stop there. Two years on, it’s time to think about how we can build on its success, says Tristram Gethin Today the Elizabeth line celebrates its second anniversary. Speak to Londoners about the impact it’s had, and you’ll be [...]
Vemi Money – Banking on an Ethical Future May 23, 2024 With consumers becoming ever more discerning about where they shop, eat and more broadly spend their money – the financial services sector is no more insulated from these trends than any other. Service providers in various industries have now long understood the need to show how their products and services align with their customers’ values [...]
Net migration falls as Sunak admits no planes will leave for Rwanda pre-election May 23, 2024 Net migration to the UK has fallen by 10 per cent, according to official estimates, as Rishi Sunak was forced to admit no deportation flights to Rwanda would take off pre-election.
Why London’s commercial property sector is finally booming back May 23, 2024 After a torrid few years, sentiment in London’s commercial property market appears to be improving.
David Beckham-backed Lunaz restarts after administration and job cuts May 23, 2024 Lunaz, the electric car company backed by David Beckham which collapsed into administration earlier this year, has completed a restructure and restarted production.
GPE to raise £350m to invest in London’s ‘attractive’ commercial property market May 23, 2024 GPE has launched a £350m rights issue along with its full-year results, which were published today.