Standard Chartered appoints new finance chief as Andy Halford steps down after a decade August 31, 2023 Standard Chartered finance chief Andy Halford has announced he will step down having served for nearly a decade in the role. Halford, who has been at the bank since 2014, will be replaced by Diego de Giorgi, most recently co-CEO of Pegasus Europe, Europe’s largest-ever special purpose acquisition company (SPAC). Prior to his role at [...]
Bitcoin retraces as altcoins continue to slip August 31, 2023 Bitcoin and Ethereum have retraced since yesterday to trade in the red this morning by less than a percentage point each.
Investec hand rugby vote of confidence with Champions Cup sponsorship August 31, 2023 Investec has handed rugby a much-needed vote of confidence by striking a five-year deal to replace Heineken as sponsor of the Champions Cup. Europe and South Africa’s premier club competition has been without a sponsor since the Dutch beer brand, involved since 1995, stepped away from the title association in June. It represents a huge [...]
4 amazing Edinburgh Fringe shows coming to London August 31, 2023 The best shows to emerge from Edinburgh Fringe, the world’s biggest arts festival, by Adam Bloodworth If you couldn’t be bothered to pay over the odds for terrible accommodation in Edinburgh then you’re in luck, here are four of the best Edinburgh Fringe 2023 acts that have London transfers coming up. COURTNEY PAUROSO’S VANESSA 5000 [...]
PensionBee: Fintech ‘well on track’ to hit profit as losses narrow by almost half August 31, 2023 PensionBee’s CEO said the the company was “well on track” to achieving its first profit, as a jump in invested customers helped it narrow losses. The London-listed fintechs’ pre-tax losses shrunk by nearly half in the first six months of the year, from £16.9m in 2022 to £9.2m. Assets under management shot up 38 per [...]
To win back business, Sunak should tear up his current playbook August 31, 2023 Business and politics, politics and business. Dance partners, perhaps, but all too often to different tunes: whilst the private sector rips off a salsa the public sector can feel a lot more comfortable with a more staid two-step. Right now, however, it’s hard to get the two on the same floor, let alone dancing in [...]
Pret A Manger fined £800,000 after employee became stuck in freezer August 31, 2023 Pret A Manger has been fined £800,000 after one of its workers was left fearing for her life while stuck in one of its freezers. Westminster City Council said the employee became trapped in the walk-in commercial freezer, which typically has its temperature set at -18C, for two and a half hours while working at the [...]
Lego profits tumble as pandemic playday comes to an end August 30, 2023 The Lego Group has suffered a steep fall in profits, figures from its half year results show, as demand for the plastic bricks maker showed signs of dwindling amid a tough economic climate. Operating profit at the children’s toy brand reached DKK 6.4bn (£740m) during the first half of the year, down considerably from DKK [...]
Wilko: Union warns that job losses could be announced on Thursday August 30, 2023 Job losses at Wilko could reportedly be announced as soon as Thursday, after an offer to buy the entire 400-strong estate failed to pass “basic checks”, members from the GMB Union have warned. The union representing thousands of Wilko staff has now said that redundancy talks, which were suspended earlier this week, could be restarted. [...]
UK cybersecurity centre issues warning over use of AI chatbots August 30, 2023 British national security officials have warned organisations to take care when integrating artificial intelligence (AI) chatbots into their systems due to their susceptibility to manipulation and cyber risks. In a double blog post on Wednesday, the National Cyber Security Centre (NCSC) said all sectors should “exercise caution” when using large language models (LLMs), algorithms which [...]