Citi bank boss wants staff in the office as they ‘work better together’ June 24, 2021 Citi today said that it expects its UK-based staff to come into the office at least three days a week once Covid restrictions are lifted, claiming that the “business works best from being together”. Speaking on the BBC’s Today Programme this morning, James Bardrick, the UK head of Citi, said that the company is asking [...]
Guinness-maker Diageo poaches Coca-Cola bottler finance chief as Crew looks to revive sales May 3, 2024 Diageo has poached a new chief financial officer from the world’s largest Coca-Cola bottler today as chief executive Debra Crew pushes ahead with plans to revive the drinks giant's flagging sales.
Landsec agrees forward purchase of Oval Village office space – CityAM : CityAM August 31, 2021 Landsec has conditionally exchanged contracts to forward purchase an office space in Kennington. The real estate company has exchanged contracts on Oval Works, which will be a 76,800 sq ft space in Berkeley’s Oval Village. Office workers will be able to use the space – estimated by some property agents to be worth up to [...]
Interest rates to remain ‘higher for longer’ if ‘experimental’ data turns out to be true November 30, 2023 The figures were published by the Office for National Statistics (ONS) last month and are based on the earliest indicators from the Transformed Labour Force Survey, which the ONS hopes to roll out next March.
Fast-growing law firm TLT’s new head of London says the City is supporting its success April 27, 2024 UK law firm TLT has had rapid financial growth over the last several years, with London as a key to that success. Its new head of its City office sat down with City A.M.
Unvaccinated Morgan Stanley staff in New York to be barred from office June 23, 2021 Staff and clients who are not fully vaccinated against Covid-19 will be barred from entering Morgan Stanley’s New York offices. The policy, which comes into effect next month, means unvaccinated employees will need to work remotely, the BBC first reported. The move will reportedly allow the Wall Street giant to remove remaining restrictions in offices [...]
Back to the office full-time? I’d rather quit say more than half of all Brits October 12, 2021 The pandemic has changed the working landscape so drastically that flexible and hybrid work have become core benefits offered to many UK workers. In fact, over half of British workers, or 52 per cent, would leave their job if they were forced back into the office full time, with 11 per cent saying they would [...]
Serious Fraud Office ends investigation into Airbus individuals May 4, 2021 The Serious Fraud Office (SFO) has ended a criminal investigation into individuals associated with Airbus, after it agreed to a record €3.6bn global settlement 16 months ago. Three sources familiar with the investigation told Reuters the SFO had written to former suspects to say it would take no further action. Overseas prosecutors could, however, take [...]
Charles tours Goldman Sachs office to acknowledge post-Brexit commitment to London July 15, 2021 The Prince of Wales has visited the London offices of Goldman Sachs to acknowledge the US investment bank’s commitment to keeping its European headquarters in the capital after Brexit. The heir to the throne toured the firm’s Plumtree Court offices near Fleet Street in central London on what aides said was a visit designed to [...]
Lack of government strategy putting UK decarbonisation goals at risk, NAO warns March 1, 2023 The government lacks a plan for all electricity to be generated through clean energy sources by 2035, warned the National Audit Office.