More than five million fall victim to financial scams, Lloyds Bank warns June 14, 2019 More than five million people in the UK have fallen victim to a financial scam as fraudsters use more sophisticated techniques to dupe the public. A Lloyds Bank and YouGov survey revealed 10 per cent of adults had been scammed while a quarter said they knew someone who had conned. Read more: HMRC cracks down [...]
Businesses must ramp up no-deal Brexit plans, IoD warns June 14, 2019 Businesses have been urged to ramp up no-deal preparations over fears the Brexit extension is being “wasted” as several Tory leadership hopefuls indicate they would leave without a deal. The Institute of Directors (IOD) said more than half of the firms quizzed in its latest survey had still not made contingency plans. Read more: Boris [...]
The next Prime Minister must be more than a one-trick Brexit pony June 14, 2019 The starting gun has fired and Boris Johnson is far out ahead in the race to be the next leader of the Conservative party. Brexit is of course everyone’s priority, but a new report from the Institute of Fiscal Studies (IFS) reminds us that there are other pressing challenges for the incoming Prime Minister to [...]
Editor’s Notes: Canary Wharf is still the place to meat June 13, 2019 We live in interesting times. A few years ago, who would have expected vegan sausage rolls to fly off Greggs’ heated shelves, or for KFC to announce a new vegan “chicken” burger called The Imposter? Veganism is alive and well… but not so much at the Canary Wharf branch of Boisdale this week, where the [...]
City Moves for 14 June – Who’s switching jobs? June 13, 2019 Today’s City Moves includes DNB, JC Decaux UK and IP Group DNB The board of directors of DNB has appointed Kjerstin Braathen as new group chief executive of DNB. Rune Bjerke has notified the board that he wishes to step down as of 1 September, after nearly 13 years as head of DNB. The board [...]
Eddie Jones to stay on as England head coach until 2021 as RFU backtrack on succession plans June 13, 2019 Since taking over in May, the Rugby Football Union’s new chief executive, Bill Sweeney, has been busy. With a World Cup just four months away, he has also had to contend with proposals for the Six Nations, a potential World Rugby Nations Championship, and the future of England’s coaching team. Here are five key insights [...]
MPs brand watchdog’s RBS GRG report a ‘complete whitewash’ June 13, 2019 Furious MPs tore into the City watchdog today, branding its final report into RBS’ disgraced turnaround unit GRG a “complete whitewash”. The Financial Conduct Authority (FCA) had already come under fire for the amount of time it took to publish the report, in which it outlined the reasons for its lack of action against senior bankers within [...]
Change UK switches name for third time after clash with petition site June 13, 2019 Beleaguered political party Change UK – The Independent Group has been forced to change its name for the third time following a legal challenge from campaigning website Change.org. The party, which lost six of its 11 MPs earlier in the month following disastrous European elections results, announced yesterday that it had signed a legal agreement [...]
British Steel inquiry delayed amid fears findings could affect sale process June 13, 2019 MPs have delayed an inquiry into the collapse of British Steel until the Autumn, amid fears the findings could hurt efforts to find a new owner. The influential Business, Energy and Industrial Strategy Committee group of MPs was set to grill Marc Meyohas, a partner at British Steel’s former owner Greybull Capital, on 26 June. [...]
Ollie Phillips: Warren Gatland should groom Andy Farrell as his British and Irish Lions successor June 13, 2019 Warren Gatland’s unveiling as the British and Irish Lions coach on Wednesday was hardly surprising, but it was an appointment which makes a great deal of sense. Gatland is one of the best coaches in the world and has plenty of motivation on what will be his third Lions tour, to South Africa in 2021. [...]