I recreated all my favourite TV tropes, from crawling through pipes to being two kids in a trenchcoat
BlackRock warns US greenwashing rules could confuse investors August 21, 2022 The world’s biggest asset manager BlackRock has warned a US watchdog that planned rules to clampdown on “greenwashing” risk confusing investors and could force firms to disclose company information publicly.
Sunday Sitdown: ‘There is a demand to return to the office’, says boss of City favourite T.M. Lewin August 21, 2022 British menswear brand T.M. Lewin – for decades a favourite among City workers – is back. Two months after the heritage brand struck a last-minute rescue deal with shirtmaker Limited, the company has managed a re-launch after the pandemic nearly killed off the Square mile favourite. Established over 120 years ago, T.M. Lewin is steeped in [...]
SoftBank shed Alibaba stake to show finances were ‘rock solid’ August 21, 2022 Japanese investment giant SoftBank shed a major chunk of its stake in Alibaba to show investors its finances were “rock solid” in the wake of a $23bn loss in the second quarter, its finance chief has said.
Week ahead: Powell to commit to more rate hikes in Jackson Hole speech August 21, 2022 The world’s investors will be closely watching the annual gathering of the cream of the central banking crop at this year’s Jackson Hole symposium in the state of Wyoming. London’s premier FTSE 100 index notched a reasonable performance last week, squeezing out a 0.66 per cent gain to close at 7,550.37 points. Its mid-cap rival, [...]
Truss vows to slash taxes for SMEs and to unleash ‘business revolution’ August 21, 2022 Liz Truss has promised to slash taxes for British SMEs and unleash a “business revolution” in the UK if she is crowned Prime Minister next month. Truss said that her government would “back business to deliver” and “stop putting so much red tape, so much tax on business”. The foreign secretary told The Sun On [...]
Leading farming union defends solar panels from Tory attacks August 21, 2022 The UK’s largest agricultural body has defended the farming sector’s support of solar panels, despite criticism from both Tory leadership contenders.
Saturday Special: The biggest money laundering scandals in banking August 20, 2022 Financial watchdog the FCA warned challenger banks earlier this year to stop cutting corners in combating financial crime so that customers can set up accounts quickly and easily. Sarah Pritchard, who heads the market division of the City regulator, said in May that there cannot be a “trade-off” between getting customers to come into the [...]
End of an era: Jeremy Paxman graduates from University Challenge after nearly three decades August 20, 2022 Ending his reign as the longest-serving current quizmaster after nearly three decades on British TV, Jeremy Paxman confirmed today he is stepping down as the host of University Challenge. The 72-year-old, who was diagnosed with Parkinson’s disease last year, has presented the show since it was revived by the BBC in 1994, some 28 years [...]
Canary Wharf’s giants stand by idly as Brits flock en masse to challenger banks Monzo and Starling Bank August 20, 2022 In yet another sign that traditional High Street banks are losing ground across the UK, challenger banks have overtaken the established Canary Wharf institutions in a survey ranking how satisfied people and firms are with their services amid the worsening cost-of-living crisis. Starling Bank and Monzo were the top-ranked current account providers, while high-street lenders [...]
Threat of recession drives City law firm hiring spree August 19, 2022 City law firms are seeking to capitalise on the looming recession by bolstering their M&A and financial restructuring teams. Vacancies for City lawyers specialising in banking, leveraged and real estate finance, capital markets, and derivatives surged 38.7 per cent over the first seven months of 2022, figures from legal sector recruitment firm Tenhaven show. The [...]