Shares collapse for London-listed firm behind Southeastern train operations September 28, 2021 One of the companies behind Southeastern train operations, which the government took control of this morning, has had its share collapse nearly 25 per cent. Southeastern is operated by Govia, a joint venture between transport operators Go-Ahead (65 per cent) and Keolis (35 per cent). Go-Ahead’s shares plunged 24.98 per cent to 769p per share [...]
Sadiq Khan: English footballers inspired me to open up on racist abuse September 28, 2021 Sadiq Khan has said English football players like Marcus Rashford have inspired him to start speaking about the racism and death threats he receives. Khan said today that people “need to know” that “the mayor of the greatest city in the world needs protection 24 hours a day, seven days a week, because of the [...]
City Moves: Who’s switching jobs in the Square Mile today? September 28, 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. Aviva Investors Asset management firm Aviva Investors has promoted its former head of liquidity and securities finance as its new head of credit. Based in the capital, Caroline Hedges will lead teams across investment grade and high yield [...]
Consultancy ads for driverless Tube trains prompt unions to issue strike threat September 28, 2021 A range of adverts for a consultancy contract to explore the introduction of driverless trains on London Underground has prompted a leading rail workers union to raise the threat of industrial action. The Rail, Maritime and Transport union said the move was part of Government-driven spending cuts on the Tube. General secretary Mick Lynch said [...]
UK enters first round of talks for $9 trillion 11-country CPTPP trade bloc September 28, 2021 The UK entered its first round of negotiations with the 11 member states of the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP). The CPTPP, with a combined GDP of £9 trillion, would offer the UK access to some of the world’s fastest growing economies, including Japan, Australia, Canada and Chile. “Less than a fortnight [...]
UCL: Train commutes could make Londoners feel less stressed September 28, 2021 Train commutes can reduce stress and anxiety for Londoners, if used to mentally prepare for the day or decompress on the way home, according to a new study. The study, by the rail industry and the University College London (UCL), found that nearly half of commuters saw their mental health and motivation improve when they [...]
City Giving Day returns to the Square Mile September 27, 2021 | Sponsored The sun shone on The Lord Mayor’s Appeal’s eighth annual City Giving Day, which saw over 500 businesses and charities turn the City of London red. This brilliant event enables City companies and employees to celebrate and showcase their philanthropic and volunteering achievements and encourage others to get involved. This year saw a welcome return of [...]
Sadiq Khan to call for Labour unity as he sets out his stall for future leadership bid September 27, 2021 Sadiq Khan will today call for a fractious Labour party to unite before fighting the next election, while also trumpeting his own achievements as London mayor in what is being seen as an attempt to set out his stall for a future leadership bid. Khan is expected to say that “Labour is already making a [...]
Shortages: PM’s emergency driver visa plans slammed as a ‘drop in the bucket’ September 26, 2021 Prime minister Boris Johnson will use a temporary visa scheme to allow overseas workers into the UK in a bid to ease the country’s shortages in the lead up to Christmas. But the plan was rounded on by the Lib Dems, who this morning indicated that the number of emergency visas that can be granted [...]
38-year-old man arrested at 3am on suspicion of murdering Sabina Nessa September 26, 2021 The Metropolitan Police said this morning a suspect was detained at around 3am earlier today for the murder of school teacher Sabina Nessa. A 38-year-old man from East Sussex is currently being held in police custody. Detective Chief Inspector Neil John, from the Met’s Specialist Crime Command, said: “Sabina’s family have been informed of this [...]