This Week in the City of London - 26 May

This Week in the City of London - 26 May

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Business

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Anne Boden, founder of Staling Bank, steps down as CEO to avoid conflicts of interest, as she is a major shareholder. This announcement coincides with the bank's revenue doubling. Meanwhile, Monzo's co-founder, Tom Blomfield, moves to San Francisco, citing the UK as less favorable for ambitious founders. Despite a wider market slowdown, London's Mayfair remains a hot property market, with new price records expected.

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2 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What does the head of Knights Bank predict about the price per square foot in the market?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What is mentioned about the West End in relation to the wider market?

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