City Corporation urges firms to support its socio-economic diversity task force July 28, 2021 Canada Corporation is calling on financial and professional services firms to encourage their networks and employees to support its socio-economic diversity task force. At a virtual meeting, City Corporation policy chair Catherine McGuinness asked individuals and organisations to get involved by being informed and using their influence to raise awareness of the [...]
City Moves: Who’s switching jobs in the Square Mile this week? July 28, 2021 City A.M.’s Millie Turner provides a roundup of the most important hires and job moves across the City, every Wednesday afternoon. Email [email protected] to be featured. Environmental Agency chair joins Green Finance Institute board The Green Finance Institute (GFI) has posted the chair of the UK’s Environmental Agency as its new interim chair, following the death of its founding chairman Sir Roger [...]
Metro Bank pulls in solid revenue as asset growth looks sluggish July 28, 2021 Metro Bank has pulled £179.8m in revenue in the past six months, as the British bank looks to return to a more profitable growth in the second half of the year. Revenue was up some £26.5m in the six months to 30 June, which the bank put down to the recovery of much of the [...]
London: Cover-up culture led to hundreds of Lambeth children being abused for decades July 28, 2021 Council staff “put vulnerable children in the path” of sex offenders, who infiltrated children’s homes and foster care, with “devastating, life-long consequences for their victims”, a damning report into decades of abuse has found. Employees in the south London borough of Lambeth “treated children in care as if they were worthless” and appeared to demonstrate [...]
Converted: London Jehovah’s Witnesses HQ to start new life as film studio July 27, 2021 The former headquarters of the UK Jehovah’s Witnesses in north London will be given a fresh start as a film and TV hub in a bid to tap into surging demand for studio space. Flexible workspace firm Purpose has snapped up the 200,000 square feet site in Mill Hill and plans to transform it into [...]
Three’s a party: Isle of Wight triplets all receive first-class degree in geography July 27, 2021 Three English brothers all received their first-class degrees in geography at the University of Portsmouth today. 21-year-old triplets – Charlie, Harry and Thomas White, from Wootton Bridge, Isle of Wight – all chose to study the same subject at the same university without discussing it with each other. “One of our school teachers was a [...]
Wood Green man dies two days after altercation with Metropolitan Police July 27, 2021 A man who was reportedly behaving “erratically” while carrying a knife and then handcuffed by police officers has died, Scotland Yard has confirmed. The Metropolitan Police said that officers were called to a home in James Gardens in Wood Green, north London, at around 8.10pm on Thursday following concerns for the welfare of a male [...]
Barings coughs up £130m for Capital House in the City July 27, 2021 Real estate investment manager Barings announced they have acquired a Grade A office building in Canada for £130.5m from a German retail real estate fund. The global company gained Capital House, a 126,000 square foot office, retail, and ancillary space with 55per cent of the building currently being let to the likes [...]
Sadiq Khan convenes roundtable in response to London flooding July 27, 2021 The mayor of London, Sadiq Khan, will sit down with key partners from TFL, the London fire brigade, water companies, London councils and the Environment agency today to discuss recent flooding incidents in the capital Impact reduction and future flood prevention measures are the key focus. Recent flash floods have brought life to a standstill [...]
Boris Johnson and Kenyan president to host global education summit in London July 26, 2021 Prime Minister Boris Johnson will co-host a global education summit with President Uhuru Kenyatta, who arrives in London tomorrow. The summit, which takes place between 28-29 July, aims to raise $5bn to educate children across the developing world over the next five years. The two leaders are expected to discuss the progress across all areas of [...]