Moulding is no villain but he’s better off not trying to play the hero January 24, 2022 Matthew Moulding has, by just about anybody’s standards, been an extraordinary business success story. His origin story as an entrepreneur is a very British, self-made one; inspired by buying a CD online, he has built and floated his THG business which as a rule does the thing it was meant to do (flog stuff online [...]
Aviation chiefs call for ‘new normal’ now with testing ditched for fully-jabbed fliers January 24, 2022 AIRLINE bosses have called on the government to rule out the introduction of border closures even if a new Covid-19 variant emerges. The government last week brought an end to so-called Plan B restrictions, which saw self-isolation rules and work from home guidance scrapped. With the UK believed to be past the peak of the [...]
UK’s largest ever health research project is looking for 5 million Brits January 23, 2022 A major health study which aims to predict who will get ill in their later years even before they show symptoms needs a record 5m volunteers. Hoped to be the UK’s largest ever health research programme, Our Future Health will track people throughout their lives in a bid to come up with new ways to [...]
City Moves: Who’s switching jobs in the Square Mile this week? January 21, 2022 City A.M.’s Millie Turner provides a roundup of the most important hires and job moves across the City, every morning. Email citymoves@cityam.com to be featured. CISI The Chartered Institute for Securities & Investment (CISI) has confirmed that its long serving CEO Simon Culhane will step down. Handing over the reins in September, Culhane will depart the top role after 18 years. Culhane, who grew CISI’s [...]
Firms must explain themselves in this winter of price hikes January 20, 2022 The last time inflation was a hot-button political issue, Whitney Houston was top of the charts, the VCR was the must-have purchase, and a scandal-ridden Tory prime minister was clinging on desperately to power. Some things change, others less so. This marks trouble for business – in two ways. In the most obvious sense, prices [...]
City Moves: Who’s switching jobs in the Square Mile this week? January 20, 2022 City A.M.’s Millie Turner provides a roundup of the most important hires and job moves across the City, every morning. Email citymoves@cityam.com to be featured. 11:FS Challenger consultancy 11:FS has bolstered its global advisory team with a new senior financial services executive. Maurício Magaldi, who has previously worked at IBM and HSBC, will help fintech firms and banks build their cryptocurrency strategies. “I’m thrilled [...]
Northern Tory MP defects to Labour ahead of testy PMQs over “disgraceful” Johnson behaviour January 19, 2022 Christian Wakeford, the Conservative MP for Bury South, has defected from the party to join Labour in a sign of the increasing pressure on PM Boris Johnson. It is another damaging blow to the Prime Minister as the fallout from his attending a lockdown garden party continues. The defection raises the stakes for the Conservative [...]
Most UK workers embrace four-day working week with many saying less time in office would boost productivity January 19, 2022 Over half of British workers feel a four-day work week would increase their productivity, according to new data shared with City A.M. today. In fact, 57 per cent of UK employees would like to have more space in their working week by reducing their hours to four days, the research commissioned by Airtasker found. However, one in three UK workers would consider supplementing their salary [...]
€200bn moved across Irish Sea since Brexit: Balance sheets of global banks in Dublin swell to record €500bn January 19, 2022 The Irish balance sheets of a range of global banks that run international operations from Dublin has ballooned to more than half a billion euros. As a result, Dublin is gradually becoming a major banking hub within the EU, adding as much as €200bn to banks’ balance sheets since the UK voted to leave the [...]
City Moves: Who’s switching jobs in the Square Mile this week? January 19, 2022 City A.M.’s Millie Turner provides a roundup of the most important hires and job moves across the City, every morning. Email citymoves@cityam.com to be featured. Standard Chartered Standard Chartered has appointed a new group general counsel who will be based in London. Dr Sandie Okoro, who has been senior vice president and World Bank group general counsel for the past five years, [...]