Deloitte starts audit split – the first of the Big Four to do so September 11, 2020 Deloitte will set up an audit governance board, making it the first of the Big Four accounting firms to make headway with demands from the UK regulator. The audit governance board will be effective from 1 January 2021. It will be chaired by Baroness Margaret Ford, who currently chairs Scottish media group STV and real [...]
City Moves: Who’s switching jobs in the Square Mile this week? June 16, 2021 City A.M.‘s Millie Turner provides a roundup of the most important hires and job moves across the City, every Wednesday afternoon. Email citymoves@cityam.com to be featured. CBRE board bags ex-BlackRock real estate lead A former head of global real estate at investment heavyweight BlackRock is set to join real estate services firm CBRE in June. Marcus Sperber [...]
Singing of arms and the man: Behind the big Boris defence announcement November 20, 2020 The announcement was preceded, of course, by a leak to the media, so that it could make a splash in the morning press. Standard practice these days, unfortunately — but the story was still an impressive one: the Prime Minister was giving the Ministry of Defence an extra £4bn a year for the next four [...]
BEQUANT partners with BCB Group April 16, 2020 BEQUANT has partnered with BCB Group – an FCA regulated business payments provider in the digital assets industry. BEQUANT will be using BCB Group’s multi-currency payment accounts as well as market liquidity in foreign exchange (FX) and cryptocurrency. BEQUANT has been actively developing a one stop solution for institutional clients including its multi-asset exchange, prime [...]
BeIN Sports urges Premier League to block Saudi bid for Newcastle April 22, 2020 Broadcasting giant BeIN Media has urged the Premier League to block a proposed £300m Saudi takeover of Newcastle United amid concerns about “industrial scale” piracy. Newcastle owner Mike Ashley is said to be on the brink of accepting a takeover offer from a consortium backed by Saudi Arabia’s sovereign wealth fund. However, the chief executive [...]
Banning betting companies from sport sponsorship will create a huge void that may never be filled December 7, 2020 A few months ago, football club Swansea City announced its university namesake as its new shirt sponsor and thereby broke ties with a betting company. They may be just the first of many football clubs to break away from gambling and, like Swansea City, they will take a financial hit from the switch. This year’s [...]
Roku launches ad-funded UK streaming channel with classic British shows April 7, 2020 Roku has today launched a new UK channel as the ad-funded streaming service ramps up its TV offering for British consumers. The Roku Channel will offer users free access to more than 10,000 films, TV episodes and documentaries. It will feature British favourites such as Homes under the Hammer, Kitchen Nightmares and Skins, as well [...]
Happy returns: Can employees refuse to go back to work? June 18, 2020 As London comes out of hibernation and employees begin to return to work, companies are being confronted with the true scale of the challenge of running a business in the middle of a pandemic. Employees, meanwhile, are feeling anxious that their workplace might remain unsafe. But is turning to the law the best way to [...]
Rollercoaster Tycoon rights sale boosts cash at Frontier Developments April 2, 2024 Frontier Developments sold publishing rights for its 2004 game, Rollercoaster Tycoon Three, to Atari for $7m in March.
Financial institutions should consider appointing AI officers March 9, 2021 Lord Holmes of Richmond sets out his hopes for the Financial Services Bill in relation to Artificial Intelligence [AI].