Graft Polymer to list on London Stock Exchange December 22, 2021 Graft Polymer has announced its intention to list on the London Stock Exchange, where it will look to trade on the main market for listed securities.
PwC offloads mobility tax consultancy arm to PE group CD&R for $2.2bn October 19, 2021 CD&R has reached a $2.2bn takeover deal with PwC to snap up its global mobility tax and immigration services business, in the consultancy giant’s biggest sell-off in almost two decades. Globally, the unit currently advises more than 3000 organisations with tax and immigration compliance issues when they move staff overseas – a market that more [...]
London Calling: Why we back the City June 10, 2021 London remains one of the preeminent financial centres of the world. For some this statement is an outdated notion which forgets the turmoil of recent years. Brexit, relatively unstable governments, and the pandemic have all contributed to a misplaced sense of decline. However, for all the drama of the past few years, if you step [...]
PA Awards 2021: The Finalists December 6, 2021 The City A.M. PA Awards was founded in 2019 as a celebration for the too often unsung heroes, who so frequently go above and beyond in their field, helping their companies to achieve the impossible. After this most challenging of years we will be celebrating those men and women who have proven themselves to be an [...]
Wages trail inflation as Brits brace for cost of living crunch to enter most damaging spell May 17, 2022 Brits’ spending power is being crimped at a historic rate, but is set to plunge even quicker as the cost of living crunch enters its most damaging period, reveals official figures published today. Regular pay adjusted for inflation dropped at the fastest pace in nearly a decade over the last quarter to March, falling 1.2 [...]
Big Four accountants warned by regulator to improve audits November 16, 2021 The head of the UK accounting watchdog has told the Big Four audit firms they need to run their own businesses better, before advising other companies, according to reports. Sir Jon Thompson, chief executive of the Financial Reporting Council (FRC) made his remarks ahead of the regulator’s launch today of its first guide for accountants [...]
London’s startup community is thriving off of the full scale of investors’ tolerance for risk March 17, 2022 Last month London celebrated yet another fintech triumph. PrimaryBid, a young company that provides retail investors with fair access to public markets, secured an impressive $190m of venture funding. The size of this Series C financing round, and the involvement of internationally renowned investors provided yet more validation that world-beating start-ups are increasingly being created [...]
UK tech optimism hits seven-year high on recovery hopes April 19, 2021 UK tech companies are now more optimistic about their short-term growth prospects than at any time over the last seven years, according to new figures published today. Firms in the burgeoning British tech sector reported strong confidence that business activity will bounce back strongly after the latest national lockdown and as Brexit-related uncertainty among clients [...]
Half of CEOs don’t expect a return to normal this year, but the push to embrace remote working stalls March 23, 2021 Half of CEOs don't expect a return to normal until 2022, but their push to embrace remote working has stalled, with fewer downsizing offices or advertising fully remote job postings
Customers hesitant to buy bulky furniture amid fuel worries October 12, 2021 Brits were hesitant to purchase larger goods like furniture last month amid damp weather and fuel shortage concerns. September marked the slowest retail sales growth since January, when the UK was subject to lockdown measures. UK retail sales decreased 0.6 per cent on a like-for-like basis from September 2020, when they had increased 6.1 per [...]