Live blog: All you need to know in the City this morning SUNRISE IN THE CITY Good morning from the City A.M. newsroom on Monday, March 6.
City Moves: Who’s switching jobs in the Square Mile? city moves City A.M.’s Millie Turner provides a roundup of the most important hires and job moves across the City, every morning. Email citymoves@cityam.com to be featured. Tikehau Capital Alternative asset manager Tikehau Capital has poached a director from consumer goods giant Unilever to co-lead its private equity regenerative agriculture practice. Laurent-David Charbit, who first launched his career in supply chains at Michelin before [...]
Simpson’s saved? Historic City chophouse granted status as asset of value Asset of value The City of London’s has decided to designate Simpson’s Tavern – the historic City bar and restaurant threatened with closure – as an asset of community value at a meeting this afternoon. The historic eatery was designated an Asset of Community Value by the City of London Corporation’s Policy and Resources Committee unanimously – taking [...]
UK must bridge ‘valley of death’ for homegrown science and innovation December 15, 2022 The UK must bridge the ‘valley of death’ in which prize-winning British innovation falls and fails to be commercialised. The Global Britain Commission said in a report today that the UK government should match Germany’s Fraunhofer programme, which helps businesses turn their research into marketable intellectual property. Britain’s fiscal support of research and development (R&D) [...]
White-shoe law firm ups new City lawyers’ pay to £160,000 a year December 14, 2022 Cleary Gottlieb has become the latest US law firm to boost salaries in the UK’s legal market after upping pay for newly-qualified (NQs) lawyers in its London office to £160,000 a year. The white-shoe law firm has given its City NQs a 14 per cent pay rise, in offering to boost their salaries by £20,000 [...]
Amazon and eBay: 10 out of 12 Christmas lights sold are a fire hazard December 14, 2022 Testing by consumer group, Which? revealed that 10 out of 12 Christmas lights sold on Amazon do not meet UK electrical equipment safety regulations. The consumer group tested under £15 Christmas lights sold on both eBay and Amazon, finding that most of them are dangerous for household use, and may cause a fire. Responding to [...]
Give us the support we need to compete with Germany, urges steel body December 14, 2022 Industry group UK Steel has urged the Government to match the financial support offered to rival markets such as Germany.
Exclusive: EY poised to ramp up fintech investment with new London Lab December 14, 2022 EY said it is set to pump millions of pounds into the fintech sector in the next year as it unveiled a new London incubator today designed to cultivate start-ups in the capital.
EXCL – UK investors abandon Sunak and Hunt as only one in four have faith in Tory economic policy December 15, 2022 Just over one in four UK investors have faith in Tory economic policy, with the majority concerned about slowing economic growth, according to new research shared exclusively with City A.M. today. In fact, less than a third believe Jeremy Hunt is the right person to be chancellor. Just 27 per cent have confidence in the [...]
Brits face advertising blitz with govt energy saving campaign costing taxpayer £20m December 14, 2022 Brits face an advertising blitz over Christmas from the Government, urging them to save energy by turning down boilers and radiators.