AA reveals new CFO Kevin Dangerfield December 17, 2019 AA today announced the appointment of a new chief financial officer. Kevin Dangerfield moves to AA from Wilmcote Holdings, an investment vehicle. Read more: AA shares leap as firm plans bond buyback Dangerfield will take up the role on 6 January 2020, subject to approval from the FCA. He will take over from interim CFO [...]
Nissan plans to increase UK market share in Brexit contingency plan February 2, 2020 Nissan has drawn up a contingency plan to pull out of Europe if Brexit leads to tariffs on car exports, but will double down on the UK. The Financial Times reported that according to two people involved in the plan, drawn up last year, Nissan would close its Barcelona van facility and stop manufacturing in [...]
APIs: the invisible wiring pivotal to digital transformation June 10, 2020 Unless you work in a technology-focused business, or are particularly technology-minded, it’s unlikely that you will have heard of ‘Application Programming Interfaces’ – or APIs. But as companies, and daily life, become increasingly technology-based – a trend accelerated by coronavirus – and APIs themselves evolve, they are becoming more important to business success. For an [...]
City Moves for 29 January – Who’s switching jobs at TalkTalk, Countryside and SDL? January 29, 2020 Today’s City Moves includes TalkTalk, Countryside and SDL TalkTalk TalkTalk has hired the former BBC journalist and campaign strategist, Lucy Thomas, as director of corporate affairs. Lucy joins from the communications agency, Edelman, where she was senior director, leading campaigns and advising major brands like Uber, Sainsbury’s and Coca Cola on corporate reputation, PR, political [...]
Softbank ‘tightening governance’ at firms it backs after Wework’s near collapse November 4, 2019 Softbank is said to be tightening governance at companies it has backed, as the conglomerate tries to limit the control of startup founders and renew confidence in its investments after Wework nearly collapsed. The Japanese company, which has a $97bn investment arm called Vision Fund, will reportedly announce harsher governance standards and restrictions on dual-class [...]
Ex-CEO of WH Smith handed £3.4m in final pay packet November 25, 2019 WH Smith’s former boss Stephen Clarke has collected a £3.42m golden goodbye from the high street giant after overseeing a steep rise in its share price. Clarke’s total pay climbed from £2.89m to £3.42m last year, rising 18.6 per cent after a rise in salary, bonus and long-term incentives (LTI). Read more: Intu sells retail [...]
Coronavirus: How safe is it to order takeaway food in lockdown? June 5, 2020 Restaurants have started pivoting to takeaway services amid the pandemic to stay afloat as normal service will only be able to resume, in some capacity, in July. The government has not ruled out restaurants from offering takeaway services and last month issued guidance. We look at how safe it is to order takeaway food and [...]
As Vodafone quits, who’s left at Facebook’s Libra project? January 22, 2020 Vodafone has withdrawn from the organisation overseeing Facebook’s efforts to launch its Libra digital currency, making it the latest in a string of big companies to abandon the project. Facebook’s Libra project has faced intense scrutiny from regulators and politicians across the world over the social media giant’s plans for the launch of the stablecoin [...]
London startup Zego gains first ever licence for UK insurtech November 12, 2019 An insurance startup aimed at the gig economy today said it is the first insurtech firm in the UK to secure an insurance licence. Zego, which offers flexible insurance to freelance workers such as drivers for Uber or riders for Deliveroo, said it was awarded the licence by the Gibraltarian regulator. Chief executive Sten Saar [...]
Sadiq Khan promises free travel for disabled people’s carers January 2, 2020 London’s public transport system will be free for anyone accompanying a disabled passenger if Sadiq Khan is re-elected. The Labour mayor of London has pledged to create a “companion pass” if he wins the May election, which would provide free travel on all Transport for London (TfL) services for carers of disabled people. Read more: [...]