Talktalk hails ‘structural advantage’ after £200m Cityfibre deal January 31, 2020 Talktalk hailed the popularity of higher speed broadband with its consumer and business customers today as it revealed it outperformed the market on fibre and ethernet growth in its third quarter. It also claimed it has a “structural advantage” after agreeing to sell its fibre networks business to Cityfibre last month. Headline revenue slipped 0.7 [...]
City Moves for 31 January – Who’s switching jobs at BMO, Square Mile and IAG? January 31, 2020 Today’s City Moves includes BMO, Square Mile and IAG BMO BMO Global Asset Management (BMO GAM) has announcef the appointment of Nora O’Mahony as head of product for Europe, the Middle East and Africa (EMEA). Nora, who will be based in London, joins with a wealth of experience, having worked for Fidante Partners, Citi and GAM, [...]
Quiz: how much do you know about Brexit? January 31, 2020 | City Talk Brexit has saturated the media over the last few years. But how much do you really know about it? Do you know your hard Brexit from your soft Brexit? How closely have you been watching the currency exchange markets since the June 2016 referendum results were revealed? Take our quick trivia quiz and find out… [...]
DEBATE: Should some conversation topics or ‘banter’ be off-limits to keep workplaces inclusive? January 31, 2020 Should certain conversation topics or ‘banter’ be off-limits to keep workplaces inclusive? Melanie Stancliffe, employment partner at Cripps Pemberton Greenish, says YES. There’s a fine line between catching up with your colleagues and inappropriate discussions. You have to remember that the office is a place of work, where nobody should think it acceptable to discriminate [...]
Watch out for IR35, the tax rule that could ruin your business January 31, 2020 If you haven’t yet heard of IR35, the controversial tax rule, it’s time to start learning. The rule, designed to limit tax avoidance through “disguised employment”, already means that off-payroll workers who would otherwise be deemed directly employed are taxed at the same rate as employees. But from April the law changes: it will be [...]
Thanks to improving tech, tax collectors are no longer the bad guys January 31, 2020 “If you drive a car, I’ll tax the street. If you try to sit, I’ll tax your seat. If you get too cold, I’ll tax the heat. If you take a walk, I’ll tax your feet.” Thus warbled four rockstars from Merseyside. As rebellious as it was melodic, Taxman would become the first track on [...]
Guru or Svengali? Dominic Cummings is at risk of becoming the story, not the adviser January 31, 2020 Civil service reform does not usually make headline news — unless, it seems, it is proposed by Dominic Cummings. The Prime Minister’s adviser is on a mission to shake up Whitehall. He’s determined to change how it makes decisions and bring in “weirdos and misfits” with expertise in data science and IT. Classic Dom. He [...]
Most Brits intend to turn to electric or hybrid cars with next purchase January 31, 2020 The majority of British drivers do not intend to buy a conventional petrol or diesel car for their next purchase, amid growing interest in hybrid and electric cars. Only 48 per cent of consumers in a major poll said they plan to buy a traditional internal combustion engine-powered car next, City A.M. can reveal. That [...]
Prime Minister to chair Cabinet in Sunderland ahead of Downing Street Brexit light show January 30, 2020 Britain will formally leave the European Union tonight at 11pm, more than three and a half years after the historic referendum vote. Boris Johnson will host a cabinet meeting in Sunderland today, visiting the city which first gave indications of the momentous result when its vote to leave was announced in the early hours of [...]
This marks the start of a brave new post-Brexit future January 30, 2020 Tonight at 11 o’clock, as the Brexit countdown clock ticks to zero, I will be toasting the moment with a bottle of Brexit Beer, produced by my friend and fellow Leave campaigner Jon Moynihan. My toast won’t be to winning the Referendum or Getting Brexit Done. Rather, it will be a toast to the future, [...]