21 movies to see in 2021: Our bumper guide to the year ahead January 8, 2021 If 2020 had been the plot of a movie, no-one would have believed it. As the pandemic spread its tendrils across the globe, Hollywood’s studios were forced to shut their doors and an entire year’s worth of blockbusters either moved to streaming or were pushed back to 2021. This year the only thing we can [...]
Meggitt boosts profit but warns over coronavirus and 737 Max hit February 25, 2020 Meggitt said that it would be impacted by both the coronavirus outbreak and the halt in production of the 737 Max after in year in which the aerospace engineers boosted profit by 33 per cent. Shares in the British firm fell 2.7 per cent by midday. The figures Statutory profit before tax increased from £216.1m [...]
Bank of England governor vacancy gets 650 applications on Linkedin December 17, 2019 The role of the governor of the Bank of England has piqued the interest of Linkedin users as one of the most viewed jobs in 2019. Current incumbent Mark Carney is leaving the role on 31 January, with big names like Financial Conduct Authority boss Andrew Bailey and City grandee Helena Morrissey in the running [...]
Brexit campaigner Arron Banks has Twitter account hacked November 19, 2019 Self-described “bad boy of Brexit” Arron Banks has had his Twitter account hacked and his personal messages shared online. Banks – who co-founded Leave.Eu – also accused Twitter of not taking action or removing the “illegal data downloads” from the platform. Read more: Arron Banks apologises for Leave.Eu tweet about Angela Merkel that ‘went too [...]
Thousands could face ‘huge’ tax bills for failing to report pensions growth November 26, 2019 Thousands of pension scheme members could face large tax bills for failing to report pensions growth on their tax returns. HMRC said today it was aware some individuals have not reported exceeding the annual allowance for pensions contributions, which currently stands at £40,000. Read more: Exclusive: Pensions minister demands simpler workplace pension statements “This admission [...]
First time buyer mortgages hit 12-year high October 15, 2019 The number of first time buyer mortgage completions in August soared to the highest level since before the financial crisis. There were 35,010 mortgage completions for new buyers – an increase of 0.7 per cent on August last year – reaching the highest level since 2007. Read more: Mortgage approvals grow despite Brexit uncertainty Andrew [...]
Going, going, Ghosn: Ex-Nissan boss flees Japanese justice system to Lebanon December 31, 2019 Carlos Ghosn has fled what he described as “injustice and political persecution” in Japan to Lebanon, months before the ousted Nissan boss was due to stand trial over alleged financial misconduct. Ghosn’s abrupt departure from Japan for his native Lebanon, in breach of his strict bail conditions, marks the latest dramatic twist in a saga [...]
Keith Morgan to stand down as head of British Business Bank October 31, 2019 Keith Morgan, head of the state-owned British Business Bank (BBB) will stand down at the end of next year after eight years at the helm. Morgan, who has been chief executive of the UK’s development bank since its formation in 2013, will stand down at the end of 2020 to ensure an orderly transition to [...]
Luxury travel firm Secret Escapes snaps up failed rival Laterooms September 29, 2019 Luxury travel agency Secret Escapes has snapped up part of collapsed rival Laterooms as it booked a 66 per cent increase in sales for the year. Read more: Thomas Cook: Travel giant collapsed with a £3.1bn balance sheet deficit The London-headquartered company, which offers deals on holidays and hotels for its members, has acquired the [...]
Tidjane Thiam’s resignation signifies perfect PR storm for Credit Suisse February 7, 2020 The shock resignation of Tidjane Thiam is a leadership clusterbuster. Over the last three years, Credit Suisse have had numerous opportunities to move on from the embarrassing series of revelations that have dogged their leadership. The resignation of their CEO will do very little to dispel the image of a toxic culture at the top. [...]