Meet Deborah Finkler: The first female leader of City firm Slaughter and May September 23, 2021 Deborah Finkler will be Slaughter and May’s first female managing partner as the Magic Circle firm restructures its executive team. Finkler, a graduate from the University of Cambridge, where she studied economics and law, became a partner at Slaughter and May 30 years ago, after five years as an associate at the company. She was one [...]
Exclusive: Record £38bn in tax by self-employed shows HMRC’s ‘peak leniency has passed’ September 23, 2021 The amount of income tax paid by self-assessment taxpayers has jumped 31 per cent to hit a record £38bn in the past year, up from £29bn the previous year, according to an analysis of HMRC tax receipts that was shared exclusively with City A.M. today. The boom in tax revenues from the self-employed is because [...]
BP to ration fuel amid driver shortages – CityAM : CityAM September 23, 2021 BP has announced fuel will be rationed as the shortage of heavy goods vehicle drivers drags on the oil giant’s petrol and diesel supplies. At a government meeting last Thursday, BP told officials that last the company’s ability to transport fuel from refineries to its network of forecourts was faltering. Fuel will now be rationed [...]
Crypto AM is delighted to announce FMFW.io as a Silver Partner September 23, 2021 FMFW.io will be a Silver Partner and participant in the upcoming Crypto AM Summit and Awards 2021 event that will take place on September 29 and 30.
BoE signals looming tightening but keeps rates and QE unchanged – CityAM : CityAM September 23, 2021 The Bank of England today signalled it could rein in the wave of stimulus it unleashed in response to the Covid-19 crisis soon. The Old Lady’s committee of rate setters acknowledged the UK economy’s sharp rebound from the pandemic had strengthened the case for “some modest tightening of monetary policy.” Also Read: US Fed to [...]
Bitcoin on road to recovery, but options expiry on Friday looms large September 23, 2021 The cryptocurrency market continues to recover this morning, with Bitcoin (BTC) rising around four per cent in price over the last 24 hours to just below the $44k mark.
Suburban and food-led brands drive recovery for Mitchells and Butlers – CityAM : CityAM September 23, 2021 Harvester operator Mitchells and Butlers has said it has seen a stronger recovery in suburban and food-led brands. The pub group described sales as “volatile” since pubs were permitted to reopen for indoor trading in May, but said they had generally strengthened overall. Food-led and suburban brands had fared better than city boozers as customers [...]
Brexit-proof: City’s share of European investment management market larger than Frankfurt, Paris and Zurich combined September 23, 2021 The City of London’s share of the European investment management market is larger than the combined total of Paris, Frankfurt or Zurich. It is by far the largest investment management hub in Europe with a market share of 37 per cent, according to new data shared with City A.M. today. The City of London and [...]
A tale of two cities: I love London but I need it to embrace diversity and love me back September 23, 2021 I love London unconditionally. It is my home and it fills me with pride when I say I’m a Londoner. But I’d like this thriving democracy to look into its black and ethnic communities and find the diversity of its history. I grew up in Hackney and Dagenham. Leaving aside the “Dagenham is Essex” debate, [...]
The ICAS public voice – the corporate ecosystem post-covid September 23, 2021 | City Talk As we begin to emerge from Covid-19, a key strand in the public policy work undertaken by ICAS relates to reforming the corporate ecosystem. From a public interest perspective, our role is to share insights, shaped and informed by the views of ICAS Members, into the many complex issues and decisions involved in developing high-quality [...]