Russia’s Nordgold plots London IPO after gold price climb June 3, 2021 Russian mining giant Nord Gold has confirmed its plans today to hold an initial public offering (IPO) in London, after reaping the benefits of rising gold prices. The company, known as Nordgold, is plotting a free float of at least 25 per cent while it also plans another listing in Moscow, the group said today. Investor [...]
Chartered Accountants will bring about lasting change by embracing sustainability June 3, 2021 | City Talk Anne Adrain says now is the time for Chartered Accountants to spread their ESG skills throughout the business sector. Environmental, social and governance (ESG) concerns are mainstream and critical to business success. Yet, despite the speed with which customer and investor thinking has evolved, many firms haven’t adapted accordingly. That’s where Chartered Accountants (CAs) come [...]
North London man charged with murder of flower seller Tony Eastlake in Islington June 2, 2021 A 21-year-old man was charged this evening with the murder of a flower seller who was fatally stabbed close to his stall in north London, the Metropolitan Police said. Tony Eastlake, 55, known as the “flower man of Islington” by customers and his local community, died from a knife wound after being attacked on Essex [...]
Publisher Bloomsbury enjoys record year as books offer lockdown escapism June 2, 2021 Publishing house Bloomsbury has posted record results for the year as Brits reached for the escapism of reading during a series of lockdowns. “The popularity of reading has been a ray of sunshine in an otherwise very dark year. In an outstanding year for Bloomsbury, we delivered record results,” chief executive, Nigel Newton, said in a [...]
Road trip: Traffic returns to pre-pandemic levels as restrictions ease June 2, 2021 After stay-at-home orders kept roads clear, traffic during weekdays is finally matching pre-pandemic levels, according to data by the Department for Transport today. Traffic on Friday soared 104 per cent past the equivalent weekday in February 2020, largely helped by the Bank Holiday weekend, for the first time since the lockdowns began. Vehicles hitting the [...]
City Moves: Who’s switching jobs in the Square Mile this week? June 2, 2021 Morning Wire‘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. Brown Advisory expands London office with senior hires Investment management firm Brown Advisory has bolstered its London office this week with two senior hires as its collection of assets hits $15bn. [...]
Hyde Park: Two derelict townhouses going for £23m, with 60 bedrooms in total June 2, 2021 Two derelict £23m townhouses north of Hyde Park have attracted wealthy buyers with eyes for prime London real estate – as 60 bedrooms across seven storeys is a once in a lifetime-buy. The grade II listed building has both the UK and international elites eyeing the renovation opportunity, which would need tens more millions to [...]
G7 states pumped $42bn more into oil and gas than renewables last year, analysis finds June 2, 2021 Countries within the G7 have channelled $189bn into oil, coal and gas in the last year, despite promises of a green recovery, new analysis has revealed today. Ahead of the UK hosted G7 summit in Cornwall next week, the analysis has also shown that between January 2020 and March 2021, the UK, US, Canada, Italy, [...]
Exclusive: Businesses call on govt to set global standards on environmental impacts June 1, 2021 Businesses are calling on the government to set clear global standards for recording their impact on the environment. A host of CEOs from across the business world, including James Timpson and Schroders’ Peter Harrison, have said that making it cheaper and easier for firms to record their environmental impact would make it easier not just [...]
Nine Elms: Two £10m ‘sky villas’ in London’s tallest residential tower to go on sale June 1, 2021 London’s tallest residential tower will begin selling apartments this week, starting from just under £1m for a one-bedroom flat. The 53-storey skyscraper, in the £3bn One Thames City development on Nine Elms, has two 3,900 square foot “sky villas” at the top of the building – which are looking to cost around £10m each. A [...]