City Moves: Who’s switching jobs in the Square Mile this week? January 6, 2022 City A.M.’s Millie Turner provides a roundup of the most important hires and job moves across the City, every morning. Email citymoves@cityam.com to be featured. Bibby Financial Services Bibby Financial Services (BFS) has poached its new chief people and organisation officer from British Business Bank as it seeks to boost support for SMEs in the new year. Helen Norris, who brings [...]
Major UK insurers call on government to extend pension auto-enrollment to young workers March 4, 2022 A group of major British insurance firms and pension funds have called on the government to extend the UK’s pension auto-enrollment terms to include young and low-wage workers. The group sent a letter to Rishi Sunak yesterday to call on the government to “level up pensions for everyone” by abolishing the “lower earnings limit and [...]
Vault Festival: Our new London venue will be better than Edinburgh Fringe December 7, 2023 Vault Festival returns and City A.M. has the first exclusive interview with founder Andy George on the new zone 1 venue
PM aiming to schmooze globe’s top finance brass at green summit October 5, 2021 The chiefs of the globe’s top finance brass will attend a green summit hosted by Prime Minister Boris Johnson. The bosses of Wall Street behemoths JPMorgan and Goldman Sachs and asset manager big beasts BlackRock and Blackstone will be among those Johnson is hoping to schmooze to generate billions of pounds of investment for the [...]
Seventy per cent of FTSE 350 companies have no female exec board members July 15, 2021 The pandemic has set back gender parity prospects for top jobs by four years, according to a new report. Seventy percent of companies on the FTSE 350 have no female executives on their main board and will lag behind men until 2036 amid the pandemic. There has been a sudden slow rise for female appointments [...]
Don’t forget the black pound, retailers warned January 31, 2022 High street brands could be missing out on £4.5 billion spent by multi-ethnic shoppers due to lack of diversity in brands, according to new research. The Black Pound report, a survey of 3,500 people, found that black, Asian and multi-ethnic consumers are often forced to spend their money in specialist shops due to limited product [...]
High-yielding Aviva rewards investor patience August 7, 2019 Aviva is rewarding investors who stayed the course while the insurer streamlined its operations. Having previously gone through a streamlining operation which left Aviva (LSE:AV.) fitter, the focus is now turning to a strategy review to ensure the company maintains its relevance. Perhaps not surprisingly, this has resulted in mixed fortunes as the business transforms. There has been [...]
Home office hazards: Shoffices and pizza oven related fires jumped during lockdown August 18, 2021 Insurer Zurich has warned that outbuilding fires – in sheds, garages and conservatories – rose by 16 per cent last year when national lockdowns resulted in a surge in people turning their sheds into offices, or ‘shoffices’. New data revealed through freedom of information requests by insurer Zurich to UK fire authorities have shown that [...]
Dame Jayne-Anne Gadhia: Menopause, Richard Branson and carving out a path for women’s success in the City July 6, 2023 Dame Jayne-Anne Gadhia speaks with City A.M. on Richard Branson, the menopause and carving out a path for women's success in the City
Is it over now? Where next for the banking crisis in Europe April 7, 2023 Is that it? After a few weeks of exhilarating volatility, European banking stocks have settled into a more reliable pattern. It seems dramatic regulatory interventions have stemmed the possibility of immediate financial difficulties. The question now is whether the events of the past few weeks are symptoms of wider financial problems which will be brought [...]