Citypoint tower up for sale as owner seeks cut-price deal September 2, 2024 Canadian asset manager Brookfield has put Citypoint tower up for sale in what could be the biggest commercial office sale in the capital all year. Brookfield has reportedly started the sale in the hope of avoiding a default on a £460m loan secured on the building, according to the FT, which it previously extended in [...]
The Square Mile is educating the workforce of the future August 26, 2024 By investing in this generation, we can ensure that our workers and workplaces have the skills to achieve, laying the foundations for the City’s future success, says Chris Hayward Here in the City we have one of the youngest, most highly-skilled workforces in the country: over half of the Square Mile’s 615,000 workers are under 40. And each year we [...]
THG opens new office in the heart of London’s financial district August 19, 2024 THG, a leading global technology platform specialising in e-commerce and end-to-end direct-to-consumer (D2C) solutions, is pleased to announce the opening of its new office in the prestigious Square Mile, the historic financial centre of London. This strategic move further solidifies THG’s presence in the UK’s business capital, reflecting the company’s continued growth and ambition to [...]
A London 2040 Olympics would show investors we mean business August 13, 2024 Investors need to believe London is confident in its long-term future. How better than by bidding for the 2040 Olympics, asks Jace Tyrrell For many in London, the Paris Olympics have brought back fond memories of 2012, while also reminding us of the Games’s unique power to supercharge investor interest in cities. So why don’t [...]
Net zero depends on economic growth – so the City must lead the charge August 12, 2024 Sustainability and economic growth are two sides of the same coin, which is why the City must lead the charge to net zero, writes Chris Hayward In 100 days, global political, business, and climate leaders will have gathered in Baku, Azerbaijan, for COP29. The annual COP meeting is the culmination of a year of hard [...]
The City is the forefront of the fourth industrial revolution August 12, 2024 London is Europe’s pre-eminent fintech hub, attracting more investment than the next 13 European cities combined. To get ahead, we must bring that experience to bear, says Michael Mainelli As well as being an enthusiast and early adopter of technology – even predicting the internet in his 1898 short story, From The London Times in 1904 – Mark Twain [...]
FCA joins Bank of England in relocating jobs from London to Leeds August 7, 2024 The Financial Conduct Authority (FCA) has revealed plans to relocate 100 jobs from London to Leeds, just months after the Bank of England announced a similar move. The watchdog, which established its first office in Leeds two years ago, is growing its team at the digital delivery centre on Queen Street, where around 100 employees [...]
Olympics is a chance to win business as well as medals July 29, 2024 If we can pick up friendships as well as prizes at the Paris Olympics, and help deliver successful and sustainable sporting events worldwide, we will feel the benefits here in the City, says Chris Hayward The greatest show on Earth – the Olympic and Paralympic Games – have begun. Over the next couple of weeks, the world’s best athletes will compete in Paris hoping to win medals, break records, [...]
French media firm Canal+ to list on London Stock Exchange in boost for the City July 22, 2024 French conglomerate Vivendi has confirmed plans to spin off and list its television business Canal+ on the London Stock Exchange today, in what would be another boon to the City’s bourse after signs of a revival in recent months.
London offices: Bigger is better, as construction of smaller spaces in the capital dries up July 17, 2024 For the first time in at least two decades not a single new office scheme smaller than 100,000 square feet began construction in London in the first half of this year, despite demand for larger spaces reaching record highs.