Nationwide rebel claims he was offered sweetener to drop boardroom bid Banking A rebel Nationwide customer vying for a board seat at Britain’s biggest building society claimed it offered to help him land a directorship at another firm if he dropped his boardroom bid. James Sherwin-Smith, who is on the ballot at next week’s annual general meeting to join Nationwide’s board, told City AM he had a [...]
‘Lies’ – Chaos at BP as sacked chair defends himself against ‘anonymous’ attacks Energy Albert Manifold has dialled up his attack on his former employer BP, accusing the energy giant of lacking direction before he took the reins and denying the “lies” that have been told about him since his abrupt firing. In his second statement in as many days, BP’s ousted chair launched a staunch defence of his [...]
AI investment lacks basic safety checks, warns BSI Tech Many businesses are investing heavily in AI without sufficient safeguards for its implementation, a new study by the British Standards Institution (BSI) has found. While executives are touting AI’s potential to drive productivity, the report suggests that most firms are operating with little more than blind faith in a technology they do not yet fully [...]
After IOC election, what are the top Olympic Games priorities? March 21, 2025 It is a new dawn and a new day at the International Olympic Committee, with the post-Thomas Bach era beginning after yesterday’s election. Kirsty Coventry was crowned president of the IOC, one of sport’s biggest and most influential bodies, in Greece last night. She became the 10th president and the first female in the role. [...]
All hail the regulator going for growth November 12, 2024 At last month’s Investment Summit in the City, Keir Starmer set out an admirably clear view of how he wants this country’s regulatory bodies to work, telling delegates: “we will make sure that every regulator in this country, especially our economic and competition regulators, takes growth as seriously as this room does.” There’s been no [...]
Serious Fraud Office given more funds to help ‘deliver swifter justice’ November 7, 2024 The Serious Fraud Office is set to receive an additional £9.3m in funding as part of the government's plan to crack down on fraud.
Is ESG dead? And if so, who killed it? September 19, 2024 ESG has become increasingly politicised. Has it reached the end of the line? Asks Neil MacLeod