Will millions of Brits flock down under following post-Brexit Aussie visa changes? June 29, 2023 From 1 July, Australia will increase the maximum age of its 18-30 working holiday visa to 35, allowing more than 16m young Brits to live and work down under. The change comes as a result of the recently announced Australia-United Kingdom Free Trade Agreement – the UK’s first since leaving the EU – which altered previous [...]
Explainer: Mark Rowley vs the government on sacking abusive Met officers August 10, 2023 The Met police is under the spotlight again, but this time, it’s because its chief Sir Mark Rowley has openly accused the government of standing in the way of getting rid of abusive officers within the force. Rowley, who became the Met commissioner last September, has made it his mission to clear up the force. [...]
Top female FTSE brass’ pay still lags far behind male counterparts February 28, 2022 Pay for top female executives at the UK’s largest companies is still far behind their male counterparts, reveals new research published today. Remuneration among female board directors at FTSE 350 financial services firms is 66 per cent lower than men, according to law firm Fox & Partners. On average, female directors receive £235,000 compared to [...]
Bank of America’s profit hit by fall in interest income but dealmaking arm shines April 16, 2024 Bank of America has reported a fall in profit during the first quarter as its income from interest payments dropped, although the blow was cushioned by improved trading from its investment banking and wealth management arms.
One in five UK employers has hired a Ukrainian, report reveals June 26, 2023 Nineteen per cent of businesses surveyed by the Social Market Foundation (SMF) hired at least one Ukrainian national in 2022, a new report published today has shown. In the cross-party think tank’s survey of 2,000 HR managers – conducted by YouGov on behalf of the Chartered Institute of Personnel and Development – the SMF also [...]
Shell looking at “all options” on “undervalued” London listing April 8, 2024 Wael Sawan, the head of the largest company on the FTSE 100, described London as an "undervalued location".
Why are UK companies like Natwest using share buybacks more? April 2, 2024 UK company buybacks totalled £18bn between 2012 and 2019, but by 2022, that number was over £50bn.
Lack of enforcement sees fraudsters resort to ‘brute force’ tactics, new report warns December 7, 2022 Fraudsters are increasingly resorting to “brute force” tactics, having been emboldened by a lack of consequences for those who are caught, a new report says. A lack of enforcement has seen fraudsters adopt increasingly unsophisticated methods, the report by Interpol and identity verification company Onfido says. The situation has seen criminals turn to using blanket [...]
Wilko: High street chain collapsed owing £400m to creditors September 15, 2023 Wilko collapsed with a well over £400m gap in its finances, according to documents published on Companies House, including £157.3m owed to trade creditors. The reports, first published by The Grocer, show that the high street chain owed £411m to unsecured creditors, and a further £25.8m was owed to HMRC. Some of the creditors included [...]
Smurfit Kappa reaches deal on mega-merger with US rival WestRock in move away from London September 12, 2023 London-listed Smurfit Kappa will form one of the world’s largest packaging companies as it announced a multi-billion tie-up with US rival WestRock. The Ireland-headquartered business said that the merger would create a giant with around 34 billion US dollars (£27 billion) in combined revenue last year. The deal will help Smurfit break into the US [...]