City Moves: Who’s switching jobs in the Square Mile this week? April 7, 2021 Snakes and Ladders provides a roundup of the most important hires and job moves across the City, every Wednesday afternoon. Email citymoves@cityam.com to be featured. Tharsus adds former CEO of Dyson to its board Robotics company Tharsus has appointed former Dyson CEO to its board as a non-executive director this week. Martin McCourt, whose career spans four decades, [...]
Exclusive: Pimlico Plumbers plots ‘no jab, no job’ policy January 13, 2021 Pimlico Plumbers has become the first company in the UK to announce a “no jab, no job” policy, after its chairman revealed plans to spend upwards of £1m rolling out mandatory vaccinations for its staff. Speaking to City A.M, founder Charlie Mullins said: “Once [the vaccine’s] out there and it becomes private, I’m happy to [...]
The London restaurant round-up: Bardo St James’, Cafe Kitty, and Ochre February 24, 2024 Life is nothing without a good lunch, and London would never be the global city it is without its restaurants. Join City A.M. editor Andy Silvester on an occasional, irregular tour of the capital’s new, and rediscovered, openings. Bardo St James’, St James’ In Tibetan Buddhism, Bardo is the state in between life and death, [...]
Gwyneth Paltrow: What her ‘courtcore’ appearance says about dressing for your trial April 4, 2023 I’m going to bet that most of you have never followed a trial at Utah’s 3rd District Court in Park City before. You had probably never even heard of Kent R. Holmberg, a 65-year-old judge appointed to the bench six years ago. But last week Judge Holmberg’s courtroom was the setting for a civil suit [...]
Supreme Court rules against Scottish replacement for Westminster Brexit bill December 13, 2018 The Supreme Court has decided parts of a Scottish law passed to take control over areas such as farming and fishing after Brexit are “outside of the legislative competence” of the Scottish parliament. Holyrood passed its own Brexit legislation in March after disagreeing with Westminster’s own Brexit bill. Most of the Holyrood bill was within [...]
“Some challengers don’t want to make a profit” says Cashplus boss February 19, 2021 With plans to raise external investment and a new chairman in tow, challenger bank Cashplus is going full steam ahead just weeks after securing its full banking licence. Earlier this month the Prudential Regulation Authority (PRA) granted Cashplus a full banking license. Like its digital peers, Cashplus offers current accounts for UK SMEs, currently serving [...]
Weir Group sheds oil and gas division in $405m Caterpillar deal October 5, 2020 Weir Group this morning announced that it would sell its oil and gas division to construction firm Caterpillar for $405m (£314m). Shares in the company jumped 15.6 per cent as markets opened as traders cheered the deal. The FTSE 250 company has been mulling the sale of the division for about six months as it [...]
Swiss regulator starts action against Credit Suisse over spying claims September 2, 2020 Switzerland’s financial supervisor has opened enforcement proceedings against Credit Suisse over a spying scandal that led to the ousting of former chief executive Tidjane Thiam and tarnished its reputation. The move by the Swiss Financial Market Supervisory Authority (FINMA) intensifies the regulatory pressure on Credit Suisse and follows the completion of a review of the [...]
Fed maintains monetary policy that helped bitcoin grow as BTC’s decentralization improves February 1, 2021 CryptoCompare data shows the price of Bitcoin (BTC) moved from around $34,000 to a low under the $30,000 mark before the cryptocurrency’s price recovered. It’s now trading at $34,000. BTC has been ranging between $30,000 and $40,000 for about a month now. Ether (ETH), the second-largest cryptocurrency by market capitalization, started the week above $1,400 [...]
Everyone is talking about quiet luxury but there’s a problem June 9, 2023 Unless you have spent the first five months of 2023 on retreat or continuing your Second World War service for Imperial Japan, you will know that one of the most significant trends in the fashion world has been “quiet luxury” or “stealth wealth”. The concept is that the smartest of the smart are now dressing [...]