Brussels told to extend EU firms’ access to City’s derivative market Clearing A host of influential European banking groups have called for continued access to London’s lucrative derivatives market – weakening Brussels’ hand in negotiations over post-Brexit financial services. The European Union has so far only allowed temporary access to London for companies housed within the bloc, but over the weekend a letter emerged from groups including [...]
Kylie-backed music outfit launches new smart TV app in bid to capitalise on post-lockdown habits Kylie-backed music outfit launches new smart TV app A BRITISH music streaming firm backed by Kylie Minogue and Robbie Williams is attempting to capitalise on the rise in home-based entertainment with a new TV app. ROXi, which the firm’s boss describes as ‘Netflix for music,’ is hoping to capitalise on a deal with a host of international record labels to bring music streaming [...]
HS2 blamed for shortage in construction industry’s key concrete supplies HS2 blamed for shortage in construction industry's key concrete supplies Builders have blamed HS2 for hoovering up key construction supplies before ordinary customers can get to them, resulting in industry-wide concrete shortages and rising prices. The UK’s flagship rail project is exacerbating global supply chain issues caused by a HGV driver shortage and international shipping delays, construction firms have warned. As a results, builders working [...]
Klarna launches ‘pay now’ feature for UK shoppers October 18, 2021 Buy now pay later (BNPL) fintech Klarna has branched out from its main service and launched a “pay now” immediate payment service in the UK. From today onwards, British online shoppers will be able to choose to pay immediately and in full using Klarna, with the same payment experience as if they were to choose [...]
ActivTrades pick up SVS Securities clients after failure November 30, 2020 ActivTrades, an online ForEx and CFD broker, has been chosen as one of two options for clients of bust wealth management firm SVS Securities to transfer to. The broker has been chosen alongside ITI Capital. SVS was placed in Special Administration in August after a dramatic public run in with the Financial Conduct Authority. Failed [...]
End of an era: Unilever trading in Amsterdam for the last time today November 27, 2020 Unilever’s Dutch shares will trade in Amsterdam for the last time today, before a unification of the group’s dual-headed structure that aims to put the consumer goods maker on a better footing to cope with an uncertain future. The merger over the weekend of Unilever’s Dutch and British corporate arms into one legal entity based [...]
The City View: Will the pandemic lead to the democratisation of corporate leadership? November 25, 2020 Christian talks to John Williams, CEO of the Institute of Leadership and Management, about the nature of leadership during a time of extraordinary change and disruption. Subscribe to The City View Podcast: Apple / Google / Spotify / RSS The institute represents 40,000 high-level leaders from around the world, and the global pandemic has triggered conversations at all levels about agility, collaboration [...]
Guest opinion: Britain could lose out if it doesn’t open up to China November 24, 2020 Wenjian Fang is the CEO of the Bank of China (UK Ltd) and the Chairman of the China Chamber of Commerce in the UK. Today he issues a warning to Britain that only with Chinese help can Britain achieve its green goals, after the UK Government pushed back on the involvement of companies it believes [...]
Sorrell lends support to new employability campaign November 17, 2020 Sir Martin Sorrell has backed an employability scheme intended to boost job prospects for Brits as the country emerges from 2020’s raft of redundancies. The #LegUp campaign, the brainchild of employability expert Ronel Lehmann and campaigning MP Rob Halfon, encourages business leaders to engineer just one extra job in the economy – either at their [...]
Brits to get an extra Bank Holiday to celebrate Queen’s Platinum Jubilee November 12, 2020 The Queen’s 70th year on the throne will be marked with a “once in a generation” show in 2022, with an extra Bank Holiday for Brits to join in the celebrations. Culture Secretary Oliver Dowden and Buckingham Palace announced the move this morning. Read more: Takeout pints in, banana bread out as Brits react to [...]
