Two weeks to go: Square Mile SMEs urged to take advantage of City Corporation financial support before deadline July 15, 2021 | City Talk Canada Corporation has today (15 July) called on qualifying SMEs based in the Square Mile to apply to its Covid Business Recovery Fund before the scheme closes on 30 July. The funding pot offers up to £50 million in support for SMEs which contribute to the Square Mile’s vibrancy at street level, and which directly provide services to [...]
Darktrace upgrades 2022 expectations after strong sales July 15, 2021 Darktrace, a cybersecurity AI firm that listed in April, today said it expects revenue for the last financial year to have grown 40 per cent to $278m (£201m), upgrading its guidance for 2022. It now expects year over year revenue growth of between 29 per cent and 32 per cent (previously 27 per cent to [...]
The City post-Brexit: A discussion about the Square Mile’s future in Global Britain July 14, 2021 This discussion focuses on the Treasury’s strategy paper on MIFID2, the proposed review of the prospectus regime, the post-Hill Review and the latest Treasury paper on Solvency2. Also on how and whether the UK should open up more to cryptos in the wake of the crackdown on Binance, and thoughts on what we could/should do [...]
Exclusive: ‘The recovery is going to be rocky and uneven’, warns fraud fighter Martin Sweeney July 14, 2021 Londoner Martin Sweeney started off at taxi app Hailo as a founding engineer. While there, he worked on a project to predict which orders were likely to be fraudulent. Finding nothing suitable on the market to solve this problem, or at least with the speed or accuracy he and his team wanted, Sweeney and some colleagues decided to [...]
Fancy a Covid jab? Here are all the free walk-in vaccine sites open in London this month July 14, 2021 If you haven’t had a chance to book your Covid-19 vaccination, there are a number of sites accepting walk-ins this July. Anyone over 18 can get their Covid-19 jab in England and those attending sites won’t be required to provide identification, proof of address, or be registered with a GP. If you’re lucky enough to [...]
Proposed designs for Waterloo Windrush monument revealed July 14, 2021 Four artists today unveiled their proposed designs for the national Windrush monument that will be permanently installed in London’s Waterloo Station. Artists Basil Watson, Jeannette Ehlers, Thomas J Price and Valda Jackson revealed their designs in videos where they discussed their approach. Watson is a sculptor and painter who has designed public sculptures and monuments [...]
JP Morgan to lift pandemic office capacity caps in London July 14, 2021 JP Morgan will soon lift its 50 per cent capacity cap for its Canary Wharf office as pandemic restrictions are lifted next week. Employees will still be required to wear masks in common areas and complete health checks, as reported by Financial News. The US investment bank’s return-to-office task force said in an internal memo: [...]
City Moves: Who’s switching jobs in the Square Mile this week? July 14, 2021 City A.M.’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. Irwin Mitchell poaches Slater & Gordon employment lead London law firm Irwin Mitchell has poached another Slater & Gordon lead this week as a new partner who will be based in its Holborn office. Deborah Casale, [...]
UK house prices swell 10 per cent year-on-year July 14, 2021 The average price for a home has swelled 10 per cent, according to official data today, as house price inflation continues. London’s homeowners however might not feel the benefit, with prices jumping just 5.2 per cent in the year to May, the Office for National Statistics (ONS) said. Property prices in the capital have the [...]
Every UK job has the potential to be green, government-backed taskforce says July 14, 2021 Every job in the UK has the potential to be green, according to an independent report today, as long as the right investment is unlocked. The Green Jobs Taskforce, which wrote the report and is backed by the UK government, has been set up to build the workforce needed for prime minister Boris Johnson’s ‘green [...]
