A Goldman insider says one of the “big reasons” to go ahead with the removal of the bonus cap was to compete with other financial centres better. Richard Gnodde, Goldman’s international chief, said years ago that removing the bonus cap would “put the UK on the same footing, aside from …
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Trading in the City of London has been plunged into chaos after a Russian-linked ransomware gang attacked a company that plays a key role in Britain’s financial system. Lockbit, the group behind the cyber attack against Royal Mail last month, targeted trading software provider Ion Group on Tuesday. The London-based …
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Mail posted by some Londoners will not arrive on time today Friday (July 24). This is due to processing problems Royal Mail had on Thursday (July 23) evening. Some post arrived late at the London Central Mail Centre, meaning not all of it could be processed. Consequently, mail posted by …
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