Boris Johnson fighting frantically behind the scenes to appease dozens of critical Tories as partygate refuses to go away May 30, 2022 Prime Minister Boris Johnson is reportedly working around the clock to appease critical Conservative rebels as the partygate affair threatens to reignite over new rule-breaking claims. Fresh allegations have surfaced that senior civil servant Sue Gray was told about a potential gathering in the Downing Street flat on the evening of the Prime Minister’s 56th [...]
Ministry of Justice to move 2,000 jobs out of London by 2030 February 2, 2022 The Ministry of Justice (MoJ) is set to move 2,000 jobs out of London by 2030, by setting up seven new regional offices. The plan to open seven new offices in Leeds, Liverpool, Nottingham, South Tyneside, Cardiff, Ipswich and Brighton, comes as part of government plans to “level up” the country and tackle regional inequality. [...]
Meet the KPMG dealmaker putting the Big 4 firm in the green energy mix April 5, 2023 Hardly a week goes by without a new survey showing the slump in M&A activity in 2022. By some estimates M&A dropped 18 per cent after the flurry in 2021. However, looking a little closer reveals a more nuanced picture. Mid-level M&A remained fairly consistent while certain sectors saw continued growth. One of the most [...]
Russia-Ukraine talks boost London’s top indexes March 14, 2022 Reports of progress in talks between Russia and Ukraine boosted London’s top indexes today. The capital’s premier FTSE 100 index jumped 0.53 per cent to close at 7,193.47 points, while the domestically-focused FTSE 250 index, which is more aligned with the health of the UK economy, soared 1.31 per cent to 20,471.25 points. Negotiations between [...]
Met arrests 100 in ‘biggest ever fraud operation’ to take down spoof calling site November 24, 2022 More than 100 people have been arrested in what the Met Police describe as the UK’s biggest ever anti-fraud operation. The force led the bid to take down the ‘one stop spoofing shop’, iSpoof, which had more than 200,000 possible victims in this country alone. Fraudsters contacted people posing as as representatives of banks including [...]
Why It Doesn’t Pay To Be A Woman In Finance June 28, 2023 From cupcakes on International Women’s Day to marketing campaigns that shine a light on female employees making their mark, many organisations are paying lip service when it comes to addressing the gender pay gap in the UK, yet doing very little to offer real equality in the workplace. It’s even more pronounced for women working [...]
London-based crypto firm Blockchain.com plots US IPO April 19, 2022 Crypto platform Blockchain.com is understood to be interviewing banks ahead of a possible initial public offering in the US.
Barclays under pressure from second investor group over fossil fuel financing February 5, 2020 Barclays is facing increased pressure over its financing of fossil fuel producers, as it emerged that a second influential shareholder group is pushing the bank to adopt stricter climate change policies. The Investor Forum, whose 50 members control £18.5 trillion assets, has held discussions with the British lender over its climate policies, the Financial Times [...]
Soaring inflation and tax hikes to squeeze UK economy November 18, 2021 TAX hikes, soaring inflation and an end to pandemic-related government support is souring the UK economy’s prospects, according to City analysts. Brits’ spending power will be eroded by the intensifying cost of living crisis, restricting their ability to splash the cash and drive the economy, analysts at Deutsche Bank warned today. Inflation is accelerating at [...]
Seeds of progress in Russia-Ukraine peace talks partly offset China slowdown fears in City March 28, 2022 Seeds of progress in peace talks between Russia and Ukraine were enough to partially offset concerns about a looming slowdown in the Chinese economy in the City yesterday. The capital’s premier FTSE 100 index edged down 0.14 per cent to 7,473.14 points, while the domestically-focused mid-cap FTSE 250 index, which is more aligned with the [...]