Partygate: Boris Johnson shakes up No 10 ahead of final Sue Gray report next week May 20, 2022 Boris Johnson has overhauled his Downing Street operation following the conclusion of a four-month Metropolitan Police inquiry into lockdown-busting parties at the top of Government during the pandemic. Scotland Yard’s Operation Hillman was closed on Thursday with a total of 126 fixed penalties handed out to 83 people, although it was confirmed the Prime Minister [...]
Goldman Sachs says odds of a US recession 35 per cent in next two years April 18, 2022 The odds of the US facing an economic recession in the next two years have hit 35 per cent according to top Goldman Sachs analysts.
Opinion-in-brief: Netflix says next episode please as shares plummet January 24, 2022 As Boris Johnson lifted Plan B restrictions last week, many rejoiced – but not Netflix. The streaming giant has reaped the rewards of people staying at home. But last week, Netflix’s shares plummeted 20 per cent as new subscriber numbers fell short of expectations. Another 18.2 million people signed up for the platform – roughly [...]
First, England. Next, the world? Why those behind The Hundred have big ambitions March 21, 2022 “Every successful brand in the world has to start somewhere, in one geography,” says Nick Sykes, global chief executive of FutureBrand, the company that developed the branding for The Hundred, English cricket’s newest tournament. “But if you look at sporting formats around the world, many of them have travelled geographies and there are large parts [...]
WeTransfer confirms £524m Amsterdam float next week January 20, 2022 WeTransfer’s parent company WeRock N.V. confirmed this morning that it will float on Euronext Amsterdam, with a market cap of €629m (£524m) and €716m (£596m).
Ronnie O’Sullivan makes $1m golden ball pledge after winning Saudi snooker event March 7, 2024 The golden ball bonus will double next year after no one potted it.
Deutsche Bank nominates Alexander Wynaendts as next chairman November 21, 2021 Deutsche Bank’s board will nominate Alexander Wynaendts as the new chairman at the bank’s annual general meeting in May 2022. If elected, Wynaendts will replace Paul Achleitner, who served as chairman for 10 years and decided not to run for re-election. “It is a great honour to have been nominated by Deutsche Bank as a [...]
M&C Saatchi ousts Vin Murria from board following Next Fifteen’s £310m offer June 6, 2022 Advertising giant M&C Saatchi has ousted its biggest shareholder Vin Murria from its board after accepting a takeover from consultancy Next Fifteen Communications for £310m.
London markets mixed as investors mull next steps in Russia-Ukraine saga February 17, 2022 London markets plummeted today as investors were spooked by a seeming false alarm on a de-escalation in the Russia-Ukraine saga. The capital’s premier FTSE 100 index dropped 0.87 per cent to 7,537.37 points, while the domestically-focused FTSE 250 index, which is more aligned with the health of the UK economy, plunged 1.24 per cent to [...]
EY to capitalise on booming private equity market via $1bn investment over the next four years June 8, 2022 EY today set out plans to capitalise on the $5trn private equity (PE) market, with a view to bolstering its PE offerings by investing $1bn (£800m) into its business over the next four years. The Big Four accountancy firm said it aims to solidify its “leading market position” by investing the $1bn sum into expanding [...]