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Christmas Parties Are Getting Canceled Across the City of London

  • City of London firms start to scale back holiday events
  • 10% of bookings have been canceled so far, UKHospitality says
Bloomberg business news
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Bankers in London hoping to mark the end of a hectic year in the financial markets with a blowout holiday party are set to be disappointed. The omicron variant is prompting firms to cancel or scale back their end-of-year celebrations.

JPMorgan Chase & Co. this week called off its festive carols, while the London Bullion Market Association abandoned plans for a black-tie dinner at the Natural History Museum. Accounting firm KPMG has told staff to keep guest lists short and be prepared to cancel plans at short notice.