Serious Fraud Office: Osofsky backs government’s plan for new ‘failure to prevent’ fraud offence January 25, 2023 The director of the UK’s Serious Fraud Office (SFO) has backed plans for a new ‘failure to prevent’ fraud offence, after government ministers today confirmed the offence would make its way on the statute books. SFO chief Lisa Osofsky said government plans to introduce a failure to prevent offence for fraud has the “potential to [...]
Zoom cuts earnings forecasts for the year in the march back to the office August 23, 2022 Zoom has cut its earnings forecasts for this year, having recorded its lowest quarterly revenue growth yet. The pandemic communications darling had revenue rise eight per cent to a little over $1bn (£851m) in the second quarter, Zoom’s “fifth straight quarter with revenue of over one billion dollars”, chief financial officer Kelly Steckelberg said in a [...]
All change: Moneysupermarket goes shopping for Ocado’s chief financial officer September 26, 2022 Moneysupermarket.com has swooped in for the Chief Financial Officer at Ocado, who will take up the same role on its board. Niall McBride will join the price comparison site subject to regulatory approval, as he leaves Ocado after having joined in 2020 during the pandemic. The former Rothschild & Co and PwC accountant will likely [...]
The Notebook: Andy Silvester on how AI could save your August out-of-office, a dream headline and why GCSEs need a rethink August 24, 2023 Embrace the long break, even if it’s made my job harder August has never felt so – for want of a much better word – Augusty. It’s mighty quiet out there, and that isn’t just because of the City’s long-discussed issues attracting floats and the slowdown in M&A. Indeed, more and more of my contact [...]
Koinly lays off staff and prepares to close London office as ‘crypto winter’ bites December 7, 2022 Bosses at crypto tax reporting platform Koinly say they are already letting staff go and will be shutting down the London office in the new year.
If offices still look like they’re out of an 80s sitcom, we will see more exits like HSBC June 29, 2023 The death of the office proclaimed post-pandemic is far from real; what's true is that London still lacks good quality office spaces. HSBC's change of location is proof of that, writes Gareth Lewis
Office giant Derwent London’s rental income swells with demand August 11, 2022 Derwent London has seen its rental income inch closer to £100m in the past six months, as demand for office space in the capital swells. Rental income rose over four per cent to £93.9m in the six months to 30 June up from £90.1m in the same period last year. As the so-called “flight to [...]
Nearly half of Brits are exclusively back in the office May 23, 2022 Nearly half of Brits are now working exclusively in the office, as the work from home buzz seems to fade for many.
Met Police needs to root out ‘several hundred’ officers to repair image, says author of damning report March 22, 2023 The embattled Met Police needs to root out several hundred officers who shouldn’t be in uniform, Baroness Louise Casey said following publication of her blistering report on the institutional failings of the force. Casey’s report branded the Met Police “institutionally racist, misogynist and homophobic” and warned killer and rapist cops like Wayne Couzens and David [...]
Met chief vows to ‘confront culture’ that allowed corrupt officers to remain in ranks October 17, 2022 Met Commissioner Sir Mark Rowley has vowed to “confront the culture, systems and leadership that have let down the public and staff alike” following a damning report by Baroness Louise Casey. In her review – which was published interim today before final publication in the spring – Baroness Casey reported that hundreds of corrupt police [...]