London Stock Exchange third quarter income climbs as CFO set to retire October 18, 2019 London Stock Exchange today posted robust gains in its third quarter for its first set of results since rejecting a hostile £32bn takeover bid from Hong Kong. Total income climbed 12 per cent year on year to £587m in the three months to the end of September. Read more: Why Hong Kong’s bid for the [...]
Avast boosts cyber security sales to $218m October 18, 2019 Avast posted growing sales in its third quarter despite shedding off its managed workplace and business divisions, it reported today. The cyber security outfit said revenue rose nine per cent year on year for the three months to the end of September to $218.3m (£170m). Meanwhile adjusted earnings before interest, tax, depreciation and amortisation (Ebitda) [...]
Kinks aside, the porn block was a puritanical attack on sexual expression October 18, 2019 Farewell to the porn laws, one of the worst thought-through pieces of legislation ever to have been at risk of becoming law. First cooked up in 2015 by David Cameron’s team, the “porn blocker” plan which would supposedly have prevented children from stumbling across adult content on the internet has faced repeated delays, and on [...]
Extinction Rebellion are hurting the climate cause October 18, 2019 The film of the two Extinction Rebellion protesters being pulled off the top of a Tube train in Canning Town on Thursday morning is the moment it all changed. Suddenly, London mayor Sadiq Khan and Labour’s Diane Abbott seemed to be on the wrong side of the argument. In fact, Extinction Rebellion itself seemed on [...]
Debate: Does Boris Johnson’s Brexit deal have a high chance of passing in the House of Commons? October 18, 2019 Does Boris Johnson’s Brexit deal have a high chance of passing in the House of Commons? Yes – Benedict Spence is a freelance writer If MPs have one thing in mind as “Super Saturday” rapidly approaches, it should be this: the public is watching them closely. Boris Johnson has miraculously returned from Europe with a [...]
Women are starting businesses and buying their own drones October 18, 2019 I don’t find stereotypes pegged to each generation particularly helpful. They’re usually philosophical, vague, or a bit rude. Sure, “the millennials”, my generation, tend to job-hop a bit, but the labour market is much more flexible than it used to be. And apparently we complain too much – but if our parents and grandparents had [...]
City Moves for 18 October – Who’s switching jobs at RSM, Black Isle and Octopus? October 18, 2019 Today’s City Moves includes RSM, Black Isle and Octopus RSM Leading audit, tax and consulting firm RSM has appointed Neil Griggs as an audit partner in its financial services team. Neil joins RSM from BDO, prior to which he worked at both Big Four and boutique firms. He has 20 years of financial dervices experience [...]
Government taps UK tech firm Arm as it unveils £50m cyber fund October 18, 2019 The government has partnered with UK tech giant Arm as it pumps more than £50m into a new programme to improve the country’s cybersecurity. Chipmaker Arm, which was bought by Softbank in 2016, will receive £36m to develop new chip technology that is more resistant to cyber attacks. Read more: EU warns of cyber risks [...]
PM Johnson scrambles to save Brexit deal ahead of key Saturday vote October 17, 2019 The stage is set for a dramatic showdown in parliament this weekend, after a last-minute Brexit deal put the ball in Westminster’s court. Boris Johnson claimed a victory yesterday morning with “a great new deal that takes back control” agreed just minutes before he left London for the European Council in Brussels. The Prime Minister [...]
City of London MP Mark Field quits over Brexit ‘divisions’ October 17, 2019 City of London MP and former minister Mark Field has quit as Conservative MP, citing Brexit “divisions”. Field, who has been elected for the Cities constituency five times, campaigned for Remain during the 2016 referendum. He was suspended as a Foreign Office minister this summer, after a video of him strong-arming a Greenpeace protestor out [...]