Private equity firms outgun banks on pay after fees soar February 16, 2022 Top US private equity firms are now outgunning big investment banks on pay as the they set aside more than twice as much to dish out to employees last year.
Hong Kong to ground flights from UK in two-week Covid-19 circuit breaker January 5, 2022 Hong Kong is set to ground flights from several countries including the UK for two weeks as it attempts to stamp out a spike in Covid-19 cases. Other countries that will see tightened restrictions between January 8 and January 21 are the US, Australia, Canada, France, India, Pakistan and the Philippines. The city-state recorded 38 [...]
Lloyd’s of London chairman to helm TheCityUK’s leadership council February 24, 2022 TheCityUK has appointed the chairman of Lloyd’s of London to the helm of its leadership council. Bruce Carnegie-Brown, an insurance broker and also vice chairman of Banco Santander, will head the forum that hauls in financial and professional services figureheads to develop the organisation’s strategy in the City. Succeeding Sir Adrian Montague, who will step [...]
Standard Chartered snaps up virtual land as lenders accelerate metaverse investment April 25, 2022 Emerging markets lender Standard Chartered has announced a push into the metaverse today as it snaps up a plot of land in decentralised gaming world The Sandbox.
Bitcoin and Ethereum continue sideways after last week’s market dip September 4, 2023 Bitcoin continues to trade for a pinch below $26k while Ethereum hovers just above $1,600 as the market leaders maintain sideways movement.
Government recruits Oliver Wyman consultants to craft new football regulator March 29, 2022 The government have drafted in top consultancy Oliver Wyman to help design a new independent body that will be charged with regulating English football. According to reports from Mark Kleinman, the Department for Digital, Culture, Media and Sport (DCMS) has hired the New York-based firm to help build a response to Tracey Crouch’s contentious review of football’s [...]
Plant-based power powder maker Huel sets sights on London IPO November 25, 2021 Plant-based meal replacement maker Huel has hired advisers as it considers a potential initial public offering in London that could take place next year. Huel, the “nutritionally complete” food that aims to replace a regular diet with an all-in-one powdered or drinkable meal, has hired advisers at Goldman Sachs and JP Morgan to work on [...]
Federal Reserve bumps interest rates 25 basis points higher in what may be its final hike May 3, 2023 The US Federal Reserve today hiked interest rates for the tenth time in a row in what could be its final move.
ONS: Nearly all Brits pinched by cost of living squeeze March 3, 2022 Almost all Brits are feeling the pinch of the cost of living squeeze, causing them to cut back on spending, reveals official figures released today. Over eight in 10 households have noticed an uptick in their cost of living, up five percentage points over the last week, according to the Office for National Statistics (ONS). [...]
Watch live: HS2 rebellion activists scale the Marsh insurer building September 2, 2021 Activists from an Extinction Rebellion offshoot group have today scaled a building in London to protest against HS2. Police could be seen circling the Marsh insurer’s building in London as HS2 Rebellion protestors scaled and occupied the exterior. A Marsh and McLennan owned company, JLT Speciality Group, is the main insurer for the HS2 project, [...]