John Phizackerley receives minimum pay out after TP Icap sacking January 30, 2019 Former TP Icap chief executive John Phizackerley was given the minimum legal and contractual allowance after he was sacked from the broker last year. The broker paid £310,000 in lieu of salary over a six month notice period and £11,245 in lieu of contractual benefits after Phizackerley was fired as director of the company in [...]
London prepares for significant snowfall as UK airports close in cold snap January 30, 2019 Significant snowfall is set to hit London and the south-east this week, with minimum temperatures of -5°C and up to 5cm of snowfall expected over the next few days.. Widespread hard frost and “very significant snow” will likely cause disruption to motorists across the country over Thursday and Friday, with temperatures in parts of Scotland expected to [...]
You are what you eat: Workers’ favourite lunches revealed industry by industry January 30, 2019 As January draws to an end, gyms begin to empty and new year’s healthy-eating resolutions are inevitably broken across the country, one profession has emerged as being in finer fettle than the rest. A nationwide survey has crowned the legal workforce the healthiest in Britain – at least according to their takeaway orders. Read more: Seven [...]
London’s workers and employers must work together to train, develop, and prepare for the future January 30, 2019 With Brexit uncertainty looming over the economy and a burgeoning skills crisis, career progression and stability are at the forefront of workers’ minds. In fact, new research from City & Guilds Group, released today as part of the celebrations for our 140th anniversary, shows that 82 per cent of workers in London believe that it [...]
Bill Browder attacks British establishment for allegedly accepting Russian money laundering bribes January 30, 2019 Financier and prominent Putin critic Bill Browder has launched an incendiary attack on "members of the British establishment" for allegedly accepting bribes linked to Russian money laundering. Browder, the chief executive of Hermitage Capital Management, alleged that an investigation into money laundering had uncovered evidence that members of the House of Lords have received bribes [...]
Men’s wellness startup Hims lands in the City for its UK launch January 30, 2019 Men’s health startup Hims is making its first international leap across the pond, settling on London’s Liverpool Street for its UK launch. The startup, which specialises in subscription services for wellness products targeted towards men, has partnered with a unnamed national high street pharmacy chain to also support the dispatch of prescription medication. Read more: [...]
Microsoft taps London data science hub Pivigo to give UK businesses access to data on demand January 30, 2019 Microsoft has today unveiled a partnership with London data science hub Pivigo, giving its customers access to a global network of data scientists on demand. Enabled alongside its Azure suite of machine-learning tools, Microsoft users will be able to tap into Pivigo's 6,000-strong community of data scientists to help with projects such as optimising pricing structures, [...]
Clydesdale Bank owner suffers massive investor backlash over directors’ pay deal January 30, 2019 Clydesdale Bank has been hit by a huge investor rebellion over executive pay. More than a third of shareholders in Clydesdale and Yorkshire banks’ parent company CYBG voted against a pay deal for top bosses. The company, which recently acquired Virgin Money for £1.7bn, said it recognised “the large number of votes opposing the resolution,” and [...]
Ghosn says charges against him are ‘plot’ to stop integration between Renault and Nissan January 30, 2019 Former Nissan chair Carlos Ghosn said today that charges against him in Japan were the result of "plot and treason" by Nissan executives opposed to deeper integration between Renault and its alliance partners Nissan and Mitsubishi Motors. Ghosn, who is being held in prison in Tokyo, said he had “no doubt” the charges against him [...]
Five reasons why Game of Thrones satisfies our (narrative) needs January 30, 2019 | City Talk Game of Thrones has become something of a TV event over the past six years – the last season attracted more than 5m viewers per episode. On the face of it, the attractions are obvious: large helpings of sex and violence, bolstered by a serpentine storyline said to be inspired by the War of the [...]