Exclusive: Pension funds turn to illiquid assets in search for higher yields September 7, 2021 UK pension schemes are increasingly pumping more equity into illiquid assets, primarily driven by greater transparency around the assets and the need to diversify, according to new research shared with City A.M. today. This research, carried out by Alpha Real Capital, is timely given the recent news that The Pensions Regulator will not proceed with [...]
Back to the office: Can employers bar unvaccinated people from the office? – CityAM : CityAM September 7, 2021 As the Covid vaccine rollout is maturing across Britain, an increasing number of employers have indicated they will require their staff to be vaccinated before they can return to the office. Earlier this year, Pimlico Plumbers was the first company in London to publicly announce a “no jab, no job” policy, after its founder revealed [...]
Crypto AM is delighted to announce Auditchain as Streaming Partner September 6, 2021 We are delighted to announce that Auditchain will be the Streaming Partner for the Crypto AM Summit and Awards 2021.
Squeezed out by club and country, sparkling cameos may not be enough to win Jesse Lingard a place in England World Cup squad September 6, 2021 Bukayo Saka may have made the most heartwarming contribution to England’s 4-0 win over Andorra on Sunday but Jesse Lingard’s was the most potent. The Manchester United attacking midfielder scored twice yesterday, breaking the visitors’ resistance early on and adding England’s third with a characteristically confident finish from 18 yards. Lingard might have had a [...]
Tube records busiest morning since March 2020 : CityAM September 6, 2021 This morning saw the busiest start to a day on the London Underground since the beginning of the pandemic in March 2020, Transport for London (TfL) said this morning. By 10am, Tube usage was up 17 per cent week-on-week, the network said, while bus passenger numbers jumped 39 per cent. Also Read: Give TfL ‘fair [...]
Bitcoin looks to hold ground above $50,000 as battle begins for $51k September 6, 2021 Movement is starting to ripple across the boards today after Bitcoin was beginning to fail to match the expectation of many who were predicting a surge in price last week.
E-commerce bonanza: Brits to spend record £120bn online this year alone September 6, 2021 Following a surge in online sales in 2020 thanks to Covid-19 and three strict lockdowns, UK shoppers are expected to further increase their spending as new data forecasts £120.5bn in online purchases this year alone. Online sales in the UK saw an increase of 46.5 per cent in 2020, with British consumers spending £110.6bn online [...]
Petition calling on John Lewis to pay Real Living Wage signed by 30,000 : CityAM September 6, 2021 A petition calling on the John Lewis Partnership to pay disgruntled staff the Real Living Wage has amassed almost 30,000 signatures. According the the petition a fifth of workers are paid under the real living wage, priced at £9.50 per hour across the UK and £10.85 in London despite the company being employee owned. The [...]
Merkel ‘deeply shocked’: Germany’s new ambassador to China dies suddenly September 6, 2021 Diplomatic circles across China and the wider APAC region are in shock as Germany’s brand new ambassador to China has suddenly died at the age of 54, the German foreign ministry said this morning. The ministry announced Jan Hecker’s “sudden death” in a short statement in the early hours of today. It did not give [...]
JCB heir Jo Bamford joins forces with City insider Max Gottschalk to launch £1bn hydrogen investment fund September 6, 2021 The heir to the JCB excavators empire, Wright Bus chairman Jo Bamford, confirmed to City A.M. this morning that he has joined forces with multi-family office Vedra Partners to launch HyCap, a new hydrogen investment fund which has set its sights on raising £1bn. The capital, which currently stands at just over £200m after the [...]