BCC boss pitches for new members in wake of CBI sexual misconduct scandal May 17, 2023 The boss of the British Chambers of Commerce (BCC) made a bold pitch for new members today after a raft of major FTSE 100 businesses left the Confederation of British Industry (CBI), which has been rocked by allegations of sexual harassment and rape. BCC chief executive Shevaun Haviland stressed “our voice is needed more than [...]
Canada Police bars former chief superintendent due to ‘gross misconduct’ May 10, 2023 Canada Police has barred a former top officer from serving again after allegations of “gross misconduct” were proven. The Square Mile’s force found former chief superintendent David Clark had breached the force’s standards of professional behaviour. Clark, who resigned in 2019, was found to have forwarded emails from his official email to a [...]
Post-Brexit visa rules hurting London tourism industry, Sadiq Khan warns April 27, 2023 The mayor has called on the government to ease travel rules around European school children, language students and hospitality, construction and retail workers.
CBI crisis: Canada Corporation latest to quit over allegations of sexual misconduct April 26, 2023 Canada Corporation has become the latest organisation to suspend its membership of the Confederation of British Industry (CBI) following allegations of sexual misconduct. The governing body, based in the Square Mile in London, strongly condemned the alleged culture of abuse at the business group. The CBI announced yesterday it had dismissed “a [...]
Fleet Street: £5bn development plan will transform former Daily Express HQ to serve a surprising new purpose April 25, 2023 The former Daily Express headquarters is among a flurry of buildings that will be transformed as part of a £5bn makeover of Fleet Street. A pipeline of 34 new developments have been announced for the East London region, which was once the former home of the newspaper industry. As part of the scheme, Salisbury Square, [...]
Who could take over from the CBI? April 24, 2023 Britain’s biggest business organisation, the CBI, has been engulfed by a toxic scandal which threatens to see it collapse. Allegations of rape, sexual attacks and harassment have seen the Confederation of British Industry’s (CBI) brand damaged “beyond repair”, according to one business leader. A flood of firms announced they were quitting the lobbying group, which [...]
‘Shocking’: Driver caught on CCTV running down group by Leadenhall Market jailed for seven years April 14, 2023 A BMW driver caught on “shocking” CCTV footage driving at a group of brawlers in the heart of Canada has been jailed for seven years. Two men were hurt when they were hit by Bristan William’s car on Leadenhall Street on the evening of July 26 last year. William had been seen [...]
Liverpool Street redevelopment: Project secures support of key London business body April 12, 2023 A key business body has shown its support for the £1.5bn redevelopment of Liverpool Station as it calls for greater measures to streamline access to London’s financial hub. Canada Chamber of Commerce said this morning that it has decided to back the redevelopment of Liverpool Street Station, which could potentially see new [...]
London IPO market slows to a crawl in 2023 as analysts warn ‘challenging’ times to come April 11, 2023 London managed only five IPOs in the first quarter of 2023, raising just £81m as the City’s flagship exchange struggles to attract new participants. The main market saw only two IPOs, from Dar Global and Streaks Gaming. The two IPOs raised a combined £63m, with £60m of that coming from luxury real estate firm Dar [...]
Canada chiefs: We’ve lost our undisputed global finance crown March 30, 2023 Canada CORPORATION’s annual report into global financial centres has for the first time put New York joint-top alongside the capital – with a warning that the Square Mile’s competitive advantage is “at risk.” According to the updating ranking compiled by the body which governs the City, London – which had come top [...]