Clubs infuriated by scant detail of vaccine passport proposals – CityAM : CityAM September 1, 2021 Downing Street confirmed it still plans to introduce vaccine passports for nightclubs from the end of this month, to the frustration of the late night sector. There had been reports the Government could choose not to introduce the policy at the last minute as a bluff to drive up vaccinations among young people. However, the [...]
Former HSBC boss John Flint lands UK Infrastructure Bank chief executive job – CityAM : CityAM September 1, 2021 John Flint, the former CEO of HSBC, has been appointed as the first chief executive officer of the new government-backed UK Infrastructure Bank. Chancellor Rishi Sunak has tasked Flint with leading the Bank’s mandate to identify and finance infrastructure projects as part of the government’s “levelling up” agenda. Also Read: Goodbye, John Flint: Why has [...]
Breaking: Extinction Rebellion activists smash JP Morgan windows : CityAM September 1, 2021 Green activists have vandalised the JP Morgan headquarters in Embankment using chisels and hammers to smash two windows. At around 7am this morning eight women representing Extinction Rebellion arrived at the building wearing all black and used hammers adorned with the words ‘live,’ ‘laugh’ and ‘love’ to break the glass. Activists added the words ‘in [...]
Chinese hedge fund offers £218k starting salary to rival big banks : CityAM September 1, 2021 Ubiquant, a China-based fund managing $8bn (£5.8bn) of assets, has bumped up starting salaries in a bid to compete with big banks. JP Morgan, Barclays and Citigroup all upped starting salaries to $100k amid rising market wealth and complaints from new starters about working 100-hour weeks during the pandemic. Amid growing competition Goldman Sachs and [...]
UK’s Blue Prism sees shares surge 39 per cent amid takeover discussions : CityAM September 1, 2021 Blue Prism has been lured into takeover discussions with two US private equity firms sending its share price soaring. Yesterday shares jumped by as much as 38.6 per cent, from lows of GBX837.0 to highs of GBX1,160.0, after the company announced it is in talks with TPG Capital and Vista Equity Partners about possible offers. [...]
Even entertaining a nappy tax exposes No10’s muddled plans for plastic waste and climate change – CityAM : CityAM September 1, 2021 When I saw the front page of the Daily Mail over breakfast this morning, I nearly choked on my Shreddies. It’s possible George Eustice did, too, given his department rapidly denied today’s headlines that government is contemplating a levy on disposable nappies. Perhaps someone in Whitehall got the wrong end of the stick. Considering Ministers’ contempt for [...]
Liz Truss appoints two new trade commissioners for Europe September 1, 2021 Liz Truss has today appointed two new HM trade commissioners who will be charged with attracting greater foreign investment in the UK. Trade commissioners are appointed for nine different global regions and are tasked with working with diplomats and civil servants to promote the UK’s international trade interests. The international trade secretary hired her department’s [...]
Man who bought fake Banksy has his Ethereum returned by hacker August 31, 2021 A man who thought he was purchasing Banksy's first ever NFT artwork says he is both surprised and delighted to have his money returned by the hacker behind the elaborate scam.
Landsec agrees forward purchase of Oval Village office space – CityAM : CityAM August 31, 2021 Landsec has conditionally exchanged contracts to forward purchase an office space in Kennington. The real estate company has exchanged contracts on Oval Works, which will be a 76,800 sq ft space in Berkeley’s Oval Village. Office workers will be able to use the space – estimated by some property agents to be worth up to [...]
Apple snaps up classical music streaming service Primephonic – CityAM : CityAM August 31, 2021 Apple is challenging the likes of Classic FM and BBC Radio 3 with the launch of a new classical music streaming app. Apple will be incorporating Primephonic, a classical music streaming app from based in the Netherlands, into its Apple Music service. Oliver Schusser, vice president of Apple Music and Beats said: “we love and [...]