City Moves: Who’s switching jobs in the Square Mile today? November 16, 2021 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. Palace Capital Property investment firm Palace Capital has hired a new chief financial officer (CFO). Matthew Simpson has been promoted to the CFO position, moving up from his position as head of finance and operations. Simpson, who [...]
Retirement gap: Women must save £185,000 more November 16, 2021 Young women need to save an extra £185,000 to reach the same retirement income as men, says a report published today. The annual Scottish Widows report found that while men currently in their 20s will have saved £350,000 by retirement, women will have only saved £250,000. Coupled with the fact that women on average live [...]
88 miles north of Glasgow: Western Scotland hit by earthquake November 16, 2021 An earthquake shook Western Scotland in the early hours of today as residents of the region received a bump in the night. A quake with a magnitude of 3.1 occurred just before 2am with its epicentre some 11 miles north-west of the town of Lochgilphead, 88 miles north of Glasgow, the United States Geological Survey [...]
Almost half of women experience cyberbullying via social media November 16, 2021 Almost half of all women and one third of all men claim to have experienced cyberbullying via social media direct message.
Future of travel special: Pent-up wanderlust, streaming and, of course, a lot of tech November 16, 2021 After three strict lockdowns, the old adage ‘trip of a lifetime’ has never been more appropriate. Nearly two years into the pandemic, constant reminders of how precious life is have inevitably left their mark, bringing an increased awareness of what really matters, which is quite a motivation for many people to stop putting off that [...]
Four Silicon Valley CAs on why its status as the world’s tech capital will remain unchallenged November 16, 2021 | City Talk The pandemic saw many tech companies thrive as the world went more virtual. Despite talk of a drift away from Silicon Valley, local CAs tell Ryan Herman why its status as the world’s tech capital will remain unchallenged. This article first appeared in ICAS’s CA magazine. For Ninos Sarkis CA, there was only one place [...]
No bitcoin believer: Bank of England rate setter warns of imminent danger of crypto assets November 16, 2021 A member of the Bank of England’s rate setting committee has warned the possibility of crypto assets derailing the financial system is ramping up. “The point at which [crypto assets] pose a risk is getting closer. I think regulators and legislators need to think hard about that,” Jon Cunliffe, deputy governor of financial stability at [...]
Johnson says ‘internationalism failed us’ during Covid as he takes shots at EU November 15, 2021 Boris Johnson has tonight claimed “internationalism failed us” during Covid-19 as he takes shots at the EU for its reliance on Russian gas and its threats to ban vaccine exports earlier this year. The Prime Minister said at the Lord Mayor of London’s banquet in Guildhall that the UK was a “victim” of “the crazy [...]
UK calls for ‘constructive’ work with France on migrant crisis November 15, 2021 The UK government has said it wants to work “constructively” with France to tackle the migrant crisis. It comes as a record number of people, 1,185, arrived on the country’s shores last week, according to PA data, which forms part of the more than 23,500 people that have risked the Channel and made it to [...]
Shell moves to UK and ditches ‘Royal Dutch’ name amid lengthy tax dispute and activist pressure November 15, 2021 Royal Dutch Shell is moving its headquarters, top executives, and crucially, its tax residence from The Hague to the UK. The move prompted the Dutch government to overhaul a controversial dividend tax which the energy giant had cited as a reason to unify its share structure and shift bases, according to the Financial Times. Shell [...]