‘Bond market tantrum risks’: Gilt traders brace for Labour leftward pivot as Starmer future uncertain
FCA fines Barclays for oversight failings as bank agrees to compensate customers of collapsed Premier FX February 28, 2022 City watchdog the Financial Conduct Authority (FCA) said this morning it has fined Barclays Bank £783,800 for oversight failings in its relationship with collapsed payments firm Premier FX. Barclays was Premier FX’s sole banker in the UK. “The financial penalty takes into account that Barclays has agreed voluntarily to cover the losses of Premier FX [...]
UK to launch world’s ‘most attractive’ visa system for entrepreneurs February 28, 2022 Upcoming changes to the UK's visa system will make it the "most attractive" in the world for high-skilled workers and entrepreneurs.
Ukraine war day four: Russian Army enters country’s second-largest city as fighting continues February 27, 2022 Russian troops have entered Ukraine’s second-largest city of Kharkiv and fighting is under way in the streets, Ukrainian authorities have said. Oleh Sinehubov, head of the Kharkiv regional administration, said Ukrainian forces are fighting Russian troops in the city and asked civilians not to leave their homes. Russian troops approached Kharkiv, which is located about [...]
The civil service has a job for you February 25, 2022 | Sponsored The pandemic has seen all of us think a bit more about what we want to do when restrictions drop. For many, that might be a chance of career to something more rewarding. For others at the start of their career, inspired by the way Britain came together to fight the virus, it’s a question [...]
UK home sellers overprice their properties by as much as 21 per cent in wake of stamp duty holiday February 24, 2022 Rightmove revealed yesterday that asking prices saw their biggest monthly increase in over 20 years. Despite a property market boom, the gap between the asking price expectations of the nation’s sellers and what buyers are willing to pay is as big as 21 per cent in some areas of the market, according to data shared [...]
Profit margins hit hard as pricing strategies struggle to keep pace with supply chain issues, Covid and Brexit February 24, 2022 A vast majority of UK businesses are struggling to manage market fluctuations caused by supply issues, Covid-19 and Brexit and UK organisations lose out on £451,000 every year on lost productivity, thereby hitting profit margins, according to new data shared with City A.M. this afternoon. A recent study conducted by Forrester Consulting on behalf of intelligent pricing [...]
Three companies that are hiring this Spring February 23, 2022 Are you thinking about getting a new job, but you’re not entirely sure where to start? We know how daunting it can be, which is why we’re here to help as much as possible. If you’re on the hunt, then this is certainly a good place to start. We’ve hand selected three really great companies [...]
Three really exciting jobs to apply for this week February 23, 2022 You know what? This feels like a good week to start looking for new and exciting opportunities (if you’re interested, of course). Spring has officially arrived, the weather is (somewhat) improving, and there’s a real sense of positivity in the air. The perfect time of year to track down and apply for the job of [...]
City exclusive: London court issues arrest warrant for high-profile venture capitalist Julie Meyer February 23, 2022 The High Court has issued an arrest warrant for Julie Meyer, the founder and CEO of Swiss investment fund Viva Investment Partners (VIP), after she failed to attend a court hearing last week. The decision to issue a warrant for Meyer’s arrest comes after the High Court this month handed the high-profile businesswoman a [...]
‘Rule of Origin’ Brexit rule starts to bite: UK customs duties jump 64 per cent in a year to record £4.5bn February 23, 2022 Customs duties paid by UK businesses have jumped 64 per cent to a record £4.5bn in the year to 31 January 2022, up from £2.9bn in the previous 12 months, according to new research shared with City A.M. this afternoon. The rise comes as post-Brexit increases in customs duties begin to bite for UK businesses [...]
