Omicron onslaught: Wave of bankruptcies as insolvencies climb with voluntary liquidations up by 73 per cent January 18, 2022 The latest monthly insolvency statistics, published this morning by The Insolvency Service for the month of December 2021, show that the number of registered company insolvencies in England and Wales is 33 per cent higher than the number registered than two years ago, just before the pandemic. These rises were particularly influenced by the higher [...]
The ESG regulation race is on January 18, 2022 | City Talk If you are struggling to keep up with all the ESG regulation that is emerging around the world, you are not alone. The volume of new rules may feel overwhelming or even intimidating. It helps to remember what they try to do: making sure that the investments we need to get our economies to a [...]
UK advertising watchdog escalates sanctions against social media influencers January 18, 2022 The UK Advertising Standards Agency (ASA) is escalating sanctions against social media influencers who fail to disclose which posts are ads.
U-turn: Amazon says it will NOT block UK Visa credit cards from Wednesday in last minute deal January 17, 2022 Amazon just said it will no longer block UK Visa Credit cards from Wednesday, as the e-com giant initially planned to do. Under a last minute deal, UK-issued cards will still be allowed to carry payments, the company said. Amazon said it is “in talks” with Visa to reach an agreement. ‘Applying pressure’ Responding to [...]
Exclusive: MyTutor snaps up tech platform amid digital skills shortage January 17, 2022 MyTutor has snapped up Fire Tech, a coding and technical training platform for children, in a merger aimed at improving digital skills.
Second homeowners who flipped holiday home set to pocket £191m despite upcoming crackdown January 17, 2022 About £191m of new pandemic grants from the Government is coming to second homeowners’ pockets, for those who flipped their holiday homes into letting businesses. The revelations come despite a new crackdown, announced at the end of last week. Councils across England have started distributing £635m in grants to businesses affected by the Government’s Plan [...]
Banking star and former Lloyds chief Antonio Horta-Osorio resigns at Credit Suisse after damning probe into personal actions January 17, 2022 Well-known global banker Antonio Horta-Osorio, the former boss of Lloyds Banking Group, has resigned as chairman of Credit Suisse after less than 12 months following an investigation into his personal actions. Antonio Horta-Osorio, who steered lending giant Lloyds back into private ownership after its 2008 financial crisis bailout, said in a statement issued by Credit [...]
Your money in 2022: Personal finance trends to keep an eye on this year January 16, 2022 What personal finance trends are likely to shape 2022? New research shared with City A.M. looks at the sentiment and behaviours for this year. The pandemic, mixed with wider economic issues and the rising cost of living, appears to have had an effect on Brits’ relationship with money, because the findings from consumer research platform [...]
Crypto job ads jump 400 per cent in a year, says LinkedIn January 15, 2022 Crypto related job adverts on LinkedIn increased five fold in 2021 amid an explosion of interest in digital assets and NFTs.
Weekend Read: Growing number of companies opt for four-day week as Brits want better work-life balance January 15, 2022 After Atom Bank said it planned to introduce a four-day working week, at the end of last year, a growing number of companies are looking to introduce the so-called ‘4-3 model’. Panasonic and Bolt have become the latest employers to shave off one day a week. They are following the trend that more and more Brits [...]
