Remote working will come at a cost, FTSE and S&P 500 hiring execs warn February 18, 2021 Remote working will come at a cost, FTSE and S&P 500 hiring execs warn
Sadiq Khan’s Covid business group calls for London-specific support February 18, 2021 The government should already be drawing up a campaign to reassure people it will be safe to get back on London’s High Streets post-Covid and appoint a minister for “reopening the economy”, according to Sadiq Khan and a group of London business leaders. Khan’s London Covid Business Forum – which includes heads of lobby groups [...]
World’s first Covid-19 study where people are infected with virus to begin in London February 17, 2021 World's first Covid-19 study, where people are injected with virus, begins in London
Neil Woodford’s comeback: Four City fund managers who also said ‘sorry’ February 17, 2021 News that the disgraced fund manager Neil Woodford is plotting a comeback may have raised eyebrows in the City, but he is not the first stockpicker who said sorry for his vehicle’s performance, and who did manage to stay in the game. Woodford gave an emotional interview over the weekend in which he apologised for the collapse [...]
City Moves 17 February: Who is switching jobs in the Square Mile this week? February 17, 2021 Snakes and Ladders provides a roundup of the most important hires and job moves across the City, every Wednesday afternoon. Email [email protected] to be featured. This week we see movements across the financial sector, with Canada Group, BNP Paribas and Gateley Capitus all welcoming fresh additions. BNP Paribas AM gets new deputy CEO BNP Paribas Asset Management appointed a [...]
Coronavirus: London suffers ‘heaviest job losses in UK’ during pandemic February 16, 2021 London suffered the largest number of job losses of any UK region during the pandemic last year, as the capital continues to feel the weight of a “geographically unequal crisis”, according to the Institute for Fiscal Studies (IFS). The number of London employees on payrolls dropped 5.5 per cent between February and December last year, [...]
Sadiq Khan to keep London rent control policy in election manifesto February 16, 2021 Sadiq Khan is set to keep his trademark rent control policy as a key part of his mayoral election manifesto, despite London’s plummeting rental prices. The mayor of London will double down on his call for central government to hand him powers to implement a cap on rents in London if he wins the May [...]
Canada Corporation approves new ‘green’ tower at 70 Gracechurch Street February 16, 2021 | City Talk Canada Corporation today (16 February 2021) approved another tall building development, showing a significant vote of confidence in the future of the Square Mile and a strong start to 2021. Developers Tenacity, who last month received planning permission for a 30-storey development at 55 Gracechurch Street, have now also been awarded permission for [...]
Brothers in qualms: Goldman and Clifford Chance City bros charged with insider dealing and fraud February 16, 2021 Two brothers, one working for Goldman Sachs and the other for Clifford Chance, have been charged with insider dealing and fraud offences. Following an investigation, city watchdog the Financial Conduct Authority (FCA) has commenced criminal proceedings against Mohammed and Suhail Zina. The proceedings relate to six offences of insider dealing, and three offences of fraud [...]
Sadiq Khan proposes to invest over £1b in city policing with new cash injection February 16, 2021 London Mayor Sadiq Khan plans to boost police investment with an additional £30m, taking the total to over £1b in the next four years, to ensure over a thousand Met officers keep their jobs. The mayor said he will divert funds from council tax and business rates receipts from local authorities to policing, ahead of [...]