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 [...]
Exclusive: Meet the serial entrepreneur on a mission to close the UK’s digital skills gap – CityAM : CityAM August 31, 2021 Businesses across the UK are increasingly sounding the alarm about the growing digital skills gap in the UK and, according to some, the failure of the government to address this issue properly. Earlier this summer, a group of London businesses called on Education Secretary Gavin Williamson to tackle London’s growing skills shortage, warning that the [...]
Ethereum and Solana set the pace as markets close August on a high August 31, 2021 August looks to be ending in robust fashion in the crypto markets as Ethereum and Solana look strong.
Western allies cannot allow China to fraternise with the Taliban – CityAM : CityAM August 31, 2021 The swift demise of Afghanistan has dominated every headline. Twenty years of aid, support and work towards political stability wiped out in a mere nine days. This will only spell the start of the atrocities — the return of female oppression and a crack down on all who aided Western countries are already reemerging. As [...]