City London Financial News

09.01 / 15:45

markets UPS Digital Strategy Experts PAM Amid divorce buzz, Prince Harry admits his current life with Meghan Markle 'isn't what he imagined'

Prince Harry and Meghan Markle tied the knot in 2018 the couple has been making the headlines-- and their official exit as senior members of the UK royal family in 2020 only added more fuel to the fire. Amid their recent divorce rumours, considering that Harry and Meghan haven't been making public appearances together for quite some time.

07.01 / 17:27

FIVE Strategy AXA innovations reports Department Liontrust's James Dowey reappears at AXA IM amid thematic team hiring spree

Dowey and Ward will be based in London and will report to Tom Riley, head of global thematic strategies for AXA IM Core. The former joins from Liontrust Asset Management, where he was a fund manager and co-head of the global innovation investment team. In October 2024, Investment Week revealed that Dowey was preparing to leave Liontrust, following five years at the UK asset manager, but his next move was unknown as the time. Liontrust co-head of Global Innovation team James Dowey set to depart His new colleague Ward joins from Barings, where he served as head of global tech...

04.01 / 20:23

Reuters Williams Death Allegiant reports Investigations peace Prince William and Harry have a personal connection to New Orleans attack victim

Edward Pettifer, a 31-year-old Londoner with close ties to the British royal family. Pettifer was the stepson of Tiggy Legge-Bourke, who served as a beloved nanny to Prince William and Prince Harry during their formative years in the 1990s.

04.01 / 09:15

Death innovations information testing patient infection rights Ara Darzi on why antibiotic resistance could be deadlier than cancer

Subscribe to enjoy similar stories. I HAVE SPENT much of my career at St Mary’s Hospital, in London, a short walk from the laboratory where in 1928 Sir Alexander Fleming made his epoch-defining discovery of penicillin, the first antibiotic. Millions of lives have been saved since and the drugs were once thought to have put an end to infectious disease.

03.01 / 15:43

markets Digital Career Strategy PAM country reports How rich is Thailand’s PM? 200 handbags, 75 watches, and $400 million in luxury assets

Paetongtarn Shinawatra, the youngest person ever to hold the office, has declared assets totalling over $400 million. The declaration, filed with the National Anti-Corruption Commission (NACC) on Friday, detailed her substantial wealth, which includes luxury handbags, watches, and a collection of high-end vehicles. Among the assets reported were more than 200 designer handbags worth over $2 million, 75 luxury watches valued at nearly $5 million, and 23 vehicles, including a Bentley and a Rolls-Royce Phantom.

02.01 / 09:57

markets Digital Action Strategy Experts PAM Porter at Hazrat Nizamuddin railway station charges Rs 10,000 to elderly man in wheelchair

01.01 / 04:25

markets UPS Citi FIVE Sustainability show Remote work is tanking home prices in the heart of London

Subscribe to enjoy similar stories. When he was running his own hedge fund, Peter Brewer’s working life was grueling. He was usually at his desk by 6 a.m., and worked up to 100 hours a week.

31.12 / 13:15

markets UPS CEO trends show reports rights How Indian companies say aye to AI

AI tools, with businesses everywhere exploring ways to integrate AI into their operations. Be it boardroom or living rooms, today, no conversation feels complete without mentioning AI.

28.12 / 01:21

markets Citi Strategy Celebrity PAM country First and Last countries to celebrate New Year: How the World will be celebrating New Year 2025

27.12 / 13:35

markets Digital Strategy Experts PAM reports Will she make it? Asma Assad, Bashar al-Assad’s wife, is fighting for life, has 50/50 chance of survival because of blood cancer

Asma al-Assad, has leukaemia and a 50/50 chance of survival as she attempts to return to the UK. Asma and her despotic husband are probably living in one of their opulent penthouses in Moscow. When Islamist rebels overthrew the tyrant's cruel rule, Asma al-Assad, 49, and her husband were forced into exile and are now holed up in Moscow.

24.12 / 20:39

markets Digital Software Healthcare hospital reports King Charles to deviate from two decades of tradition, set to deliver his annual Christmas speech from hospital

Fitzrovia Chapel located in London while marking a significant departure from tradition as it will be the first time in over a decade that the speech is not recorded in a royal residence, reported In Style.

23.12 / 12:37

Platform reports Courts M&G sues Royal London for £27m over client access to 'inappropriately risky investments'- reports

In a lawsuit filed at the High Court in London, M&G claimed that the Ascentric business, a wealth management platform for financial advisers, had «exposed its customers to inappropriately risky investments, with an inappropriately high percentage of their pension funds in those investments», according to court documents seen by the FT. M&G's legal team have filed for damages of at least £27m plus interest, alleging that Royal London failed to effectively disclose that some of its client pension money had been invested in «inappropriately risky» products prior to the deal, the aforementi...

22.12 / 10:11

markets UPS Target Matthews community Bill cover The UK is shooting for the moon on clean energy at long last

Subscribe to enjoy similar stories. Christmas came early for energy nerds with the arrival of a dense 136-page document detailing how the UK government plans to decarbonize the nation’s electricity supply by 2030.

22.12 / 05:57

UPS Career show audience pop International 'Apprentice' producer Mark Burnett gets a big role in Donald Trump 2.0 administration

Mark Burnett, the power producer who helped reintroduce Donald Trump to a national television audience with «The Apprentice,» is being tapped by the president-elect as special envoy to the United Kingdom in his upcoming administration. «With a distinguished career in television production and business, Mark brings a unique blend of diplomatic acumen and international recognition to this important role,» Trump announced Saturday. Burnett, who was born in London, helped produce hits like «Survivor» and «The Voice,» but is perhaps best known for teaming up with Trump for «The Apprentice,» which first aired on NBC in 2004.

22.12 / 02:19

UPS Career Software show audience International Donald Trump taps 'Apprentice' producer Mark Burnett as special envoy to UK

Mark Burnett, the power producer who helped reintroduce Donald Trump to a national television audience with "The Apprentice", is being tapped by the president-elect as special envoy to the United Kingdom in his upcoming administration. «With a distinguished career in television production and business, Mark brings a unique blend of diplomatic acumen and international recognition to this important role,» Trump announced on Saturday. Burnett, who was born in London, helped produce hits like «Survivor» and «The Voice», but is perhaps best known for teaming up with Trump for «The Apprentice», which first aired on NBC in 2004.

20.12 / 06:51

Digital Action Bitcoin Justice Courts rights Videos Australian who falsely claimed to have invented bitcoin is found in contempt of UK court

An Australian computer scientist who falsely claimed to be the founder of the bitcoin cryptocurrency has been found to have committed contempt of court by breaching an order of London’s High Court

19.12 / 09:35

COST UPS Citi Software Metro Freedom Bengaluru woman techie after shifting to London finds 'happiness comes at a cost'

Indian software engineer, Sayani B, shared that relocating from Bengaluru to London has made her generally happier, despite London’s high cost of living. Posting on X, she sparked a lively debate about the advantages and challenges of living in India versus abroad. Sayani revealed that although she couldn’t pinpoint a specific reason, her overall sense of happiness had increased since moving to London a few months ago. “I’ve been living in London for a couple of months now, and I’m generally happier. I can’t exactly say why, but it’s an overarching feeling,” she tweeted. Commenters on her post shared their thoughts on why she might feel happier abroad.

18.12 / 15:39

markets UPS CEO Exodus Number of UK companies mulling moving their listing doubles in 12 months

According to Teneo's latest CEO and Investor Outlook Survey, 56% of UK-based businesses took into account listing abroad in 2024, up from 27% a year before. The latest figures came after a year which saw the London Stock Exchange suffer its largest exodus since the 2009 financial crisis. According to data from the London Stock Exchange Group, a total of 88 companies have delisted or transferred their primary listing from London's main market in 2024, with a mere 18 taking their place. Over the past couple of weeks, FTSE heavyweight Ashtead Group became the latest company to announ...

18.12 / 13:55

markets UPS Citi JPMorgan wellness Healthcare Late year rush to hire junior bankers ahead of expected deal recovery in 2025

In case you hadn’t heard, 2025 is shaping up to be a good year for investment bankers. It’s not just rhetoric, either – they’re putting their money where their mouth is and hiring in anticipation of it, too.

18.12 / 13:25

markets Software awards film audience stars Department Tom Cruise receives a surprising US Navy's top civilian honour. Here's why

Tom Cruise is now a real-life military hero after years of playing military heroes on screen. The 'Top Gun' star was honoured with the Department of the Navy Distinguished Public Service (DPS) Award during a ceremony in London on Tuesday, which recognized Cruise’s contribution and dedication to the US Navy through his film work. Top Cruise was awarded the US Navy's top civilian honor on Tuesday for “outstanding contributions to the Navy and the Marine Corps” with “Top Gun” and other films, reports news agency AP. He works in the UK. “Top Gun,” the smash hit 1986 movie about Cold War flying aces, made Cruise a star and drove a spike in military enlistment. The Navy even set up recruitment tables in theaters.

17.12 / 09:53

markets COST Software Sustainability Experts travelers Schools London to New York in one hour! A $20 trillion tunnel could make it a reality

Transatlantic Tunnel, estimated to cost $20 trillion (£15.8 trillion), promises exactly that, leveraging hyperloop technology to achieve unprecedented travel speeds. However, the project, described as one of the most ambitious infrastructure ideas in history, faces monumental challenges, from technological uncertainties to colossal costs. While captivating, this vision seems far removed from practical realisation.

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