Not going anywhere: Home Office delays decision on extradition of Mike Lynch to US September 22, 2021 The Government has delayed its decision on extraditing technology entrepreneur Mike Lynch, who is facing fraud charges in the US., the Home Office confirmed to City A.M. this afternoon. A decision on the billionaire was expected this week but a Home Office spokesperson said it has been granted a seven-day extension. Some back benchers have [...]
Worst corporate jargon of the week: The huddle December 7, 2023 At City A.M., we’re taking a stand and calling out the worst corporate jargon that has infected our offices. This week: the huddle.
Trafigura and former exec charged over alleged bribery in Angola December 6, 2023 Trafigura and its former chief operating officer have been charged in Switzerland over allegations of bribery, the country's prosecuting authority announced today.
Boohoo parachutes in ex-Betfair and Zoopla CFO after incumbent quits January 23, 2024 Embattled fashion brand Boohoo has drafted in a new chief financial officer, formerly of Betfair and Boohoo, after the incumbent quit with immediate effect this morning.
Kingfisher: Former Tesco exec heads for big role at B&Q owner June 17, 2024 A former-Tesco exec is set to join the leadership team at Kingfisher, which owns B&Q and Screwfix, following the resignation of its chief financial officer Bernard Bot.
UK fraud agency goes on hiring spree to top up numbers after departures December 4, 2023 The Serious Fraud Office (SFO) said that hiring new staff was its “top priority” as it looks to turnaround under new boss Nick Ephgrave.
The future of the office – What will be the ‘new normal’? May 14, 2021 As we slowly contemplate a return to “normal” life following the disruption caused by the Government’s response to Covid-19, office-based employers are trying to figure out what that return looks like for their businesses. There is a real difference of opinion, both between sectors and in-sector, with some firms advocating that everyone should immediately return [...]
Election 2024: JP Morgan banker standing in Michael Gove’s former seat June 5, 2024 JP Morgan banker and ex-army officer Ed McGuinness has been selected to stand for the Conservatives in Michael Gove’s former seat of Surrey Heath.
Cabinet office minister warns businesses giving bonuses and dividends to not expect government support October 12, 2021 Struggling companies facing high gas prices could be refused a government bailout this winter if they have paid out big dividends and bonuses. Cabinet office minister Steve Barclay told Times Radio that the Treasury would scrutinise whether any interventions represented “value for money”. He said: “It’s right from a taxpayer point of view, mindful of [...]
Pret sales lag behind pre-Covid levels as office workers slowly return to desks after Omicron fears January 11, 2022 Workers have been slow to return to the Square Mile this year, Pret’s coffee and sandwich sales reveal. Transaction volumes in the City of London and Canary Wharf districts were more than one third down on pre-pandemic levels last week. Bloomberg’s Pret Index laid bare the impact of Covid guidance introduced at the end of [...]