Cisco chief says apprentices can plug digital skills gap September 30, 2022 Chief of Cisco UK said more needs to be done to plug the digital skills gap, putting greater focus on early careers. Speaking to City A.M., David Meads said the apprenticeship levy is a specific area of policy that could be reformed to drive better productivity in the tech sphere, echoing Keir Starmer’s stance earlier [...]
Maximilian Riedel: The 11-generation boss guiding the legendary glassmaker September 30, 2022 Walking down the street with Maximilian Riedel, the 11th generation chief of the glassware firm that bears his family name, sounds like a demanding experience – at least if you work in his sales team. “I said to Steve (McGraw, Riedel’s UK managing director), when I walk the streets of London, I tend to look [...]
Under the hammer: Why Dalmore is doubling down on limited edition whisky September 30, 2022 Historic Scotch distillery The Dalmore is set to double down on a growing reputation for luxury single malts in a growing sign of the industry’s growth as an asset class. The Dalmore will send one of three rare 48 year old whiskies to auction at Sotheby’s, with the golden liquid housed in a sculpture conceived [...]
Deloitte pays partners more than £1m each as consulting revenues surge September 30, 2022 Deloitte today said its 672 equity partners will take away average payouts of £1.06m each after a bumper year for its advisory business saw the Big Four accounting firm’s revenues surge 10 per cent to £4.9bn. The uptick in Deloitte’s UK revenues for the year running up to 31 May 2022 came as sales [...]
HSBC considers leaving Canary Wharf HQ September 29, 2022 HSBC is considering leaving its iconic Canary Wharf headquarters when its lease expires in early-2027. The bank is carrying out a review of “the best future location in London” for its global headquarters, according to an internal memo seen by Financial News. HSBC’s options include either renovating its current building or moving to another London [...]
Lidl told to stop selling Lindt-like chocolate bunnies and destroy remaining stock September 29, 2022 Lidl’s Swiss unit should stop selling foil-wrapped chocolate bunnies, that bare various similarities to Lindt’s golden rabbits, and destroy its remaining stock, a Swiss court has ruled. The Lausanne court said Swiss cholate maker Lindt & Sprüngli deserves protection from copycats, including the German supermarket which sells a golden foil wrapped bunny of its own. [...]
Tobacco chief says we need to move away from ‘quit or die’ mindset and towards vapes September 29, 2022 A top exec at British American Tobacco (BAT) has said we need to move away from the “quit or die” approach to smoking and invest more in sustainable alternatives like vaping. Speaking at an industry conference in Washington D.C., BAT’s chief growth officer Kingsley Wheaton called for greater collaboration between the industry and governments to [...]
North Sea body holds talks over security after Nord Stream sabotage September 29, 2022 OEUK has been discussing North Sea security plans with government bodies amid increasing political tensions in Europe.
French Oil Giant TotalEnergies vows to have ‘no future with Russia’ September 29, 2022 TotalEnergies is ramping up investments in a bid to distance itself from Russia. The French oil giant has “no future with Russia”, said Patrick Pouyanné, chairman and chief executive, in a strategy update presented in New York on Wednesday. Instead, it will look more to Qatar and the US while escalating their production of liquified [...]
BlackRock ramps up blockchain push with new exchange traded fund September 29, 2022 The world’s biggest asset manager BlackRock accelerated its push into digital assets today as it launched a blockchain themed exchange traded fund (ETF) for its European clients.