City London Financial News

Chancellor Jeremy Hunt has said he won't be ordering City firms where to invest their money as he looks to unlock more capital for fast-growing firms and bolster sluggish UK growth.

Asset Management Study published on Monday, more than 85% of the 85 sovereign wealth funds and 57 central banks that took part in the annual survey believe that inflation will now be higher in the coming decade than in the last. A central bank in the West noted, “I think that inflation will not return to where it was in the last five years. The main question mark is how sticky it is.

Creativeland Asia Group is looking to create a multi-million-pound content fund in partnership with global investors, the company's founder, Sajan Raj Kurup, told ET. “We are looking to build a global content fund. It will be aglobal consortium of investors who are willing to put money behind a certain type of content,” Kurup said. The company, which recently launched Creativeland Studios, is planning to build a strong content pipeline of long-form content like films and web series. The launch of its content studio coincided with the acquisition of a 62% stake in London-based Creators Inc for over Rs 30 crore. The Creators Inc. acquisition will give the company access to directorial talent from British and American filmmakers like Guy Ritchie, Cary Joji Fukunaga, Philip Barantini, Colin Tilley, and Mark Osborne. The advertising firm, which closed FY23 with a top line of over Rs 130 crore, has acquired over 45 book titles and scripts in India, the UK, and the USA over the past three years.

Khalistani elements on Saturday. While no untoward incident took place as the countries responded with a show of strength and kept mobs at bay, India is looking for such strong security measures as a matter of norm to deal with future threats as well.

Declan McKenna, the singer-songwriter, expressed that his latest music release, after a two-year hiatus, is his "‘proudest work to date". During the post-lockdown period, McKenna has been actively creating new music in London, Brighton, and Los Angeles, anticipating his upcoming performances at Reading and Leeds. Like his earlier material, McKenna shared that most of the new songs were crafted and recorded in residential spaces rather than formal studios.

Megan Rapinoe announced on social media on Saturday that she would be retiring from football at the end of this season. «It is with a deep sense of peace & gratitude that I have decided this will be my final season playing this beautiful game,» the 38-year-old posted. «I never could have imagined the ways in which soccer would shape and change my life forever,» she added.

pro-Khalistani protestors during a demonstration outside the Indian High Commission on Saturday, according to ANI reports. However, the United Kingdom saw a significantly subdued protest outside the Indian High Commission in London on Saturday, with only 30-40 pro-Khalistanis showing up between 12.30 pm and 2.30 pm GMT yesterday.

A possible approval of a spot Bitcoin exchange-traded fund (ETF) won’t be a game changer for crypto markets, although it might benefit the leading cryptocurrency, according to a report by JPMorgan managing director Nikolaos Panigirtzoglou.

Maritime nations have been finalizing a plan Thursday to slash emissions from the shipping industry to net zero by close to 2050 but experts warn the deal falls well short of what’s needed to prevent climate catastrophe

BBC, Wikimedia Foundation and US-based digital library Internet Archive through the Union Ministry of Law and Justice after noting that they were foreign entities and thus subject to rules formulated under the Hague Convention. Additional District Judge (ADJ) Ruchika Singla was hearing a criminal complaint filed by BJP leader Vinay Kumar Singh seeking to restrain them from publishing or broadcasting a documentary on the 2002 Gujarat riots or any other material defamatory to the Rashtriya Swayamsevak Sangh (RSS) and the Vishva Hindu Parishad (VHP).

Maritime nations agreed Friday to slash emissions from the shipping industry to net zero by about 2050 in a deal that many experts and some nations say falls well short of what’s needed to curb warming to agreed temperature limits

Bruce Springsteen is back in London this weekend to play at the BST Hyde Park Festival 2023. He already performed his first act on July 6, 2023, and even made a joking reference to his past at Hyde Park. When Springsteen performed at Hyde Park earlier, he had missed the curfew on stage and had the power cut as a result. His act with The Beatles’ legend Paul McCartney interrupted. At the time, Springsteen's guitarist Steve Van Zandt had tweeted that the singer was angry, and asked «when did England become a police state?». Boris Johnson, then Mayor of London, even criticized the authorities behavior as «an excessively efficacious decision». On Thursday, July 6, as Springsteen returned to play at Hyde Park at the BST Festival, he forgave London. The singer got onto stage just after 7 pm BST, and went on to play for three hours! As a reference to what happened in the past, 15 minutes before the show ended, he tapped his watch and said to his guitarist, «I think it's time to go home. I'm telling you, if we don't go, they're going to pull the plug on us again.» Then he changed his mind, just shrugged and screamed some expletives, and sang Glory Days. A crowd of 65,000 fans cheered Springsteen, including celebrities like tennis star Roger Federer, and singers Billy Joel, Bon Jovi, and Peter Gabriel. Bruce Springsteen performs for a second night at the BST Hyde Park Festival in London on Saturday, July 8, 2023.

The Hindustan Times citing sources, Doval is likely to address various bilateral issues, including the activities of pro-Khalistan radicals. The meeting takes place following the death of Avtar Singh Khanda, the UK-based leader of the Khalistan Liberation Force (KLF) and alleged mentor of separatist Amritpal Singh, who passed away under unclear circumstances in a Birmingham hospital on June 15th.

Love Island fame Andrew Le Page has spoken about his brain tumor diagnosis at the age of 20. He gained recognition as a contestant on the ITV2 reality show alongside his girlfriend Tasha Ghouri, faced a distressing situation when a lump started growing on his skull. Initially, the reality TV star had no intentions of having the conspicuous growth examined by medical professionals.

RBI, which is supposed to have the last word on rupee? The letter made no difference. Punters had the last laugh. Those days, RBI either sharply reacted to such phenomena, or shut its eyes when there was nothing it could do — as it refused to acknowledge the flourishing non-deliverable forward (NDF) market in Singapore, London and New York where big banks took positions on `/$ forwards and settled the trade in dollars.

London Deputy Mayor Rajesh Agrawal on Thursday said the capital of the United Kingdom can learn 'jan bhagidari' (people's participation) from Madhya Pradesh's Indore, which has been voted the cleanest city in India six times in a row in the Union government's 'Swachh Surverkshan' initiative. Talking to reporters here, Agrawal, who was born in Indore and moved to London nearly two decades ago, also stressed on the need to keep investing in transport infrastructure and encouraging people to used them instead of their own cars. «It was people's participation which helped Indore become the cleanest city in India.

Wells Fargo's top banker in London is set to relocate to New York to become chief operating officer of its corporate and investment bank after a senior shake-up.

Indian diplomats have also surfaced in Canada, allegedly circulated by Sikh extremists. These posters specifically mention Indian High Commissioner to Canada Sanjay Kumar Verma and Apoorva Srivastava, the Consulate General of India in Toronto.

Across the Indonesian archipelago, new industrial plants are going up to process chunks of nickel ore for use in electric-car batteries. Five years ago, there were none. What changed? Chinese companies had a breakthrough.

One of the last bastions of industry where carbon emissions go largely unregulated may be about to fall. Shipping—which consumes about 5% of the world’s oil and emits about 3% of its greenhouse gases—is edging toward a net-zero target. The International Maritime Organization, the United Nations body that oversees the industry, is meeting in London this week to strengthen measures to reduce its carbon footprint over the coming decades.

The Reserve Bank of India (RBI) is currently in dialogue with its counterparts from at least 18 other countries on the possibility of cross-border payments in the “digital rupee”.