Coming for oil: Watch as Boris Johnson arrives in the Middle East March 16, 2022 Boris Johnson has been greeted at Abu Dhabi airport by British Ambassador to the UAE Patrick Moody and UAE presidential advisor Anwar Gargash. The Prime Minister was guided through a guard of honour, the lines of men wearing coronavirus face masks and blades sheathed in scabbards on their torsos. More to follow.
City Moves: Who’s switching jobs in the Square Mile? March 16, 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. Investec Investec Wealth & Investment has hired a new investment director for London. Justine Lobel, who joins from wealth management firm Sanlam, has been in discretionary portfolio management for more than a decade, at wealth managers including [...]
Revealed: London dominates UK microbusiness landscape March 16, 2022 The pandemic accelerated diversity in the microbusiness sector, but left dreams of levelling up the nation in the dust fresh figures show.
Fintechs call for open banking body to be ‘weaponised’ and simplified as CMA mulls its future March 16, 2022 Fintech firms have called for open banking’s governing body to be “weaponised” and simplified, as the Competition and Markets Authority (CMA) prepares to deliver a verdict on its future next week.
UK recorded music hits a high note thanks to vinyl and CD revivals March 16, 2022 UK recorded music continues to hit a high note, with revenue up 12.8 per cent to £1.26bn following 2020’s pandemic slump.
EU aims to boost gas supplies and reduce reliance on Russia March 15, 2022 All members of the European Union (EU) will have to collectively ensure gas stores are 90 per cent full by October each year.
Ofgem considers halving price cap implementation period March 15, 2022 Ofgem has revealed it could halve the implementation period for the price cap - cutting it down from two months to one month.
LME confirms price limits for nickel trading when markets reopen tomorrow March 15, 2022 Trading in nickel contracts on the London Metal Exchange will resume tomorrow - albeit with strings attached.
Lambeth tower proposal causes resident rebellion March 15, 2022 A tower-block-proposal in Lambeth has come under fire from local residents, with attention turning to the record of council-owned housing company Homes for Lambeth. The proposal for three towers all above nine storeys will block sunlight reaching a nearby park, playground and school and involve the uprooting of 43 trees. Residents complain that the project [...]
Camelot loses National Lottery licence after 28 years as Czech contender Allwyn gets the jackpot March 15, 2022 National Lottery operator Camelot is set to lose its licence to run the lottery after 28 years as the Gambling Commission names rival Allwyn Entertainment as its preferred applicant to take on the venture.