Storms Peggy and Callum: The Met Office is naming bad weather again September 12, 2018 Peggy, Max and Bronagh might not sound like the most intimidating of names, but you might be scared to meet one in bad weather – they’re some of the epithets set to grace this year’s mega storms. The first storm to arrive this year will be dubbed Ali, as the Met Office and Republic of [...]
A decade on, hubris is the lesson to learn from the tragedy of Lehman Brothers September 11, 2018 A decade ago this week, the demise of Lehman Brothers marked the height of the financial crisis. At the time, I was an economist at one of the UK’s largest financial institutions, which gave me abundant insights into the psychological biases at play, both in that institution and in the companies that it supported. Many [...]
London and the West Midlands can be an unstoppable force together September 11, 2018 Over a year since taking on the role of West Midlands mayor, we have achieved a lot. The wider region has experienced the largest increase in jobs in the UK, Coventry will be the country’s City of Culture in 2021, and Birmingham has secured the Commonwealth Games in 2022 – to name a few successes. [...]
Time for UK rules to catch up with electric scooters September 11, 2018 As I ride my bike into work, there are numerous obstacles to watch out for. I treat buses, trucks, and cars as though they are on fire, while I try to give pedestrians and other cyclists a wide berth. In recent weeks, I have noticed a new player competing for space in the weekday rat [...]
Commute, coffee, after-work drinks: Londoners spend the most money on work-related expenses September 10, 2018 How much did you spend on your lunch today? What about after-work drinks? And getting home? If you’re making daily trips to a trendy new sandwich bar every lunchtime, it might be time to rethink your spending: according to new data, Londoners have the priciest work-related outgoings in the UK. While the average Brit spends [...]
The City has come a long way since the crash, but we can’t afford to be complacent September 10, 2018 This week marks the tenth anniversary of the collapse of Lehman Brothers – a shock that reverberated around the global financial system, and which will be seared in the memories of many workers across the City. Substantial progress has been made to raise standards across the sector, eradicating the unacceptable practices that led to the [...]
A Brexit deal without services threatens the whole of Europe September 7, 2018 London and the UK have been at the heart of global shipping for over 300 years. During that time, the sector has seen empires built and dismantled, world wars fought, global power shift, and periodic financial crises. What has remained constant through the ages has been trade between nations, and the role of the maritime [...]
City exec leaves CFO role to pursue career in music September 6, 2018 City executive Philip Keller is swapping the boardroom for the orchestra as he leaves his CFO role at Intermediate Capital Group (ICG) to pursue a passion for conducting. Keller will go back to university next year to train as an orchestra conductor after more than a decade at asset management firm ICG. Read more: City [...]
‘No place’ for illegal Russian activity in City vows minister after Skripal attackers are revealed September 6, 2018 THE CITY minister and MP for Salisbury, John Glen, vowed last night to ramp up efforts against Russian dirty money channeled through the UK’s financial system. Glen’s pledge came after Prime Minister Theresa May said that the attempted murder of former spy Sergei Skripal and his daughter Yulia in March this year was carried out [...]
London ranked the worst city in the UK for mobile network performance September 5, 2018 London has been ranked the worst city in the UK for mobile network performance at a time when the rest of the country is speeding ahead with 5G connectivity. Belfast and Edinburgh took first and second place respectively, largely due to improved download speeds from network carriers and strong reliability results across all networks. The report [...]