‘Bond market tantrum risks’: Gilt traders brace for Labour leftward pivot as Starmer future uncertain
Baroness Helena Morrissey on the skills professionals need to thrive in a post-pandemic world October 8, 2021 Something which you can always rely on in the City is constant change. However, the changes born out of necessity over the last year or so have left many of us feeling disconcerted, admits Baroness Helena Morrissey. “In some ways [change] is a good thing,” said Helena. “It allows us to get used to adapting, [...]
Office commuters boost TfL’s cycle hire numbers for September October 7, 2021 Workers returning to the office after the UK Government eased restrictions helped Transport for London’s (TfL) bicycle hire scheme jump to more than a million total hires, registering the highest September in the scheme’s 11 year history. Data from TfL showed that more than 40,000 people used the service every day, with an average of [...]
How London Marathon Events has adapted to the pandemic October 7, 2021 | City Talk This article first appeared in ICAS’ CA magazine. Stephen Dell CA tells Cherry Casey how London Marathon Events has adapted to the pandemic – and why its return to full strength means more than just one day’s race for glory. There are few one-day sporting events as iconic as the London Marathon. Created in 1981 by [...]
‘Euston seven’ who lived 31 days in HS2 tunnels have all charges dismissed October 7, 2021 Seven Londoners who lived in a 100 ft network of tunnels under Euston Square Gardens for 31 days to stop HS2 have had all charges dismissed, the group told City A.M. this morning. The defendants were part of a group of nine people, aged 16-48, who occupied the tunnels between 27 January and 27 February [...]
City Moves: Who’s switching jobs in the Square Mile today? October 7, 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. Collidr London-based digital asset management group Collidr has posted a former Aberdeen Asset Management Director to its board. Joining as a Non-Executive Director of UK entities, Heather Manners brings some 35 years experience in fund management to [...]
Half of all Brits would struggle to afford food if they lost £1,000 October 7, 2021 Around half of all Brits would struggle to pay for food if they lost less about £1,000, with one in three ending up in financial difficulty if this figure was £500, according to a new survey, shared with City A.M. this morning. Moreover, just over a quarter of people said their mental health would be [...]
Agriculture giant Olam looking to raise £2bn in London food ingredients IPO October 6, 2021 Olam International, the global agricultural commodity trading giant, is considering raising £2bn through the IPO of its London-based food ingredients unit next year, the firm has announced this morning. Five global banks have been appointed to work on the IPO, which would likely rank among the biggest offerings in London over the last few years. [...]
Mass pig culling inevitable if abattoir labour shortage persists, vets warn October 6, 2021 Vets working to tackle pigs’ overcrowding in farms have said Prime Minister Boris Johnson is not taking the abattoir labour shortage seriously, and soon ‘mass culling’ would be the only option left to farmers. Duncan Berkshire, a vet in charge of liasing with the Department for Environment and Rural Affairs to manage the pigs’ overcrowding, [...]
Uber strike over ‘racist’ facial recognition algorithm as case heads to tribunal October 6, 2021 A union is taking legal action against Uber for what it claims is indirect racial discrimination. The Independent Workers’ Union of Great Britain (IWUGB) is taking Uber to court on behalf of one of its members who says their account was terminated because of a facial recognition algorithm used to identify drivers incorrectly mis-identified drivers [...]
Police probing range of indecent exposure incidents on Wandsworth Common October 6, 2021 The Metropolitan Police said this morning they have identified several offences relating to indecent exposure on Wandsworth Common in south London over the past six months. A 34-year-old man from Wandsworth was arrested on September 25 on suspicion of indecent exposure. He was released on bail and will appear in court in late October. Another [...]