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The Capitalist: Burnham’s hiring spree, cyclist crackdown and a non-Banksy Banksy

Hasty hiring, cyclists being shamed and a non-Banksy Banksy; catch up on the latest City gossip in this week's edition of The Capitalist.

The Capitalist: Burnham’s hiring spree, cyclist crackdown and a non-Banksy Banksy

The latest buzz in City gossip revolves around three main topics: Burnham's hiring spree, a crackdown on cyclists, and a mysterious non-Banksy art piece.

Burnham's government has been marked by frequent changes in advisers, leading to probation periods for those who worked under Starmer. In an attempt to strengthen his policy unit, Burnham is planning to hire new advisers in three key areas: Growth & Macroeconomics, Public Control, and Work, Social Security & Pensions. These new advisers must demonstrate the ability to lead through challenges and pressure.

The upcoming Budget, expected by year-end, may not bring radical policies due to the still-forming thinking unit at Downing Street.

The popular pub, Simpson's Tavern, has undergone a transformation and has already captured the attention of the "sausage on the side?" crowd. Owned by Joe Haynes, Ben Butterworth, and Tom Hurst, the revamped establishment now features posh booths and alcoves, perfect for sharing Square Mile gossip.

To deter cyclists from running red lights, the City of London Police have shifted their strategy. Instead of imposing fines, they now capture offending cyclists and force them to watch a hard-hitting road-safety film by the Royal Exchange. This new approach aims to make the cyclists contemplate the consequences of their actions, using a combination of guilt-tripping and humiliation.

Written by urgent.news from City AM's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.

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