A new business group lands at just the right time July 10, 2023 Lost amongst the ifs and buts of whether the CBI could survive the phalanx of governance failings it stood accused of was the question of whether it, or the other business groups, were doing their job in the first place, or what they were for. A corporate human shield for business leaders that didn’t want [...]
A Covid-19 inquiry longer than the pandemic is almost certain to teach us little July 10, 2023 A parliamentary inquiry into the pandemic is set to look at everything from the policy of austerity to Boris Johnson’s WhatsApps, but it is possible to be too thorough and entirely miss the point, writes Chris Hirst.
BA boss to steer airline off cost-cutting course in attempt to save summer season July 9, 2023 British Airways (BA) boss Sean Doyle is determined to salvage the summer season for the airline as it attempts to recover from a series of setbacks and poor customer service under former chief exec Alex Cruz. Doyle has set his sights sky-high in a comprehensive overhaul of the carrier’s operations as he looks to “rebuild [...]
Exclusive: City of London Corporation will ‘explain and retain’ two slave owner statues with plaques July 7, 2023 Links to slavery in the Square Mile will be tackled plaques on two statues of controversial historic figures, following a planning application lodged this week. City A.M. can exclusively reveal the City of London Corporation is looking to affix explainers on statues for two-time Lord Mayor William Beckford and former MP and philanthropist Sir John [...]
It’s been an odd week for Bitcoin, but not as odd as it’s been for Twitter and Elon Musk July 7, 2023 As a 'Bitcoiner' Jason Deane details why he's uncomfortable with the prospect of one person being in control of the global chatter.
EP: 213 Sandown, Haydock & Hong Kong July 7, 2023 The Group 1 Coral Eclipse, run over a mile and a quarter, and the Group 3 five-furlong Charge at Sandown are the feature races at the Esher track this weekend. Paddington is the only 3-year-old runner this year and his trainer Aidan O’Brien joins us on today’s episode. Haydock is the venue for the Group [...]
A class act: why Executive Search firms are key to socio-economic diversity in financial services July 7, 2023 | Sponsored With vacancies in financial services hitting an all-time high this year, it seems employers are expecting more from Executive Search firms right now. There were 54,000 unfilled positions in April to June this year, according to research from the Financial Services Skills Commission. That’s more than the population of Durham, and a record number of vacancies [...]
FTSE 100 close: London’s premier index ends week lower after US jobs report July 7, 2023 London’s FTSE 100 closed the week lower as global markets grew increasingly nervous about the extent of interest rate rises still to come. The FTSE 100 closed 0.37 per cent lower at 7,253.43 while the domestically focused FTSE 250 performed more strongly, rising 0.54 per cent to 18,012.46. Investors were digesting the latest jobs data [...]
Savings rates: Banks recognise they need ‘to do more’ after meeting with regulator July 7, 2023 Bank bosses admitted to the regulator that they needed to “do more” to help customers access the best deals on savings products. In a statement after yesterday’s meeting, the regulator said “those in the room recognised that they needed to do more to help their consumers access the best rates.” Savings rates have lagged the [...]
London house prices fall at fastest rate since 2009 as rising rates dents demand July 7, 2023 UK house prices fell for the third consecutive month with properties in London and the south east coming under the most pressure. According to the Halifax House Price Index, the average house price fell by 0.1 per cent from the month before, taking the average price to £285,932. This means that over the last year, [...]