The Square Mile and Me: The Lord Mayor on Christopher Wren, the Old Dr. Butler’s Head and why he admires Willie Purves January 26, 2023 Every week we dip into the memory back of the City's great and good. This week it's the Lord Mayor of the City of London, Nicholas Lyons.
Make Meta Trump Again: Former President invited back on to Facebook – but firm promises ‘guardrails’ January 25, 2023 Former US President Donald Trump has had his suspension from Facebook lifted – but he’ll be subject to new ‘guardrails’ which could include stopping his posts being distributed on the platform. Trump was suspended for supporting protestors at the US Capitol on January 6 who stormed the building in a riot which killed five people. [...]
How intelligent automation has become a mainstay of financial services, and what it means for private banking January 25, 2023 The increasing levels of automation in private banking reflects a need to move into the digital age, but it also brings with it challenges. City A.M. sat down with specialist Mark Bruce, chief executive of of Britannia Financial Group to find out how intelligent automation and artificial intelligence is impacting the sector. Mark, why don’t [...]
Tanks, but no tanks! Biden likely to approve Abrams batch for Ukraine – but it could take months or even years for delivery January 25, 2023 The Biden administration is poised to approve sending M1 Abrams tanks to Ukraine, US officials said Tuesday, as international reluctance to send tanks to the battlefront against the Russians begins to erode. The decision could be announced as soon as Wednesday, though it could take months or years for the tanks to be delivered. US [...]
Ukraine’s other war: Deputy head of Zelensky’s office QUITS as Kyiv roots out corruption while army fights Putin January 25, 2023 A high-level shake-up in the Ukrainian government has cost nearly a dozen senior officials their jobs as the president sought to root out entrenched corruption while conducting the fight against Russia’s invasion. The deputy head of Ukraine’s presidential office quit after President Volodymyr Zelensky pledged to address high-level corruption allegations, including some related to specific [...]
PMQs: Sunak to come under fresh scrutiny today amid Zahawi tax row and calls to fire Tory chair January 25, 2023 Rishi Sunak will come under fresh pressure over Nadhim Zahawi as he resists firing the Tory party chairman despite him being under investigation over his tax affairs. Labour leader Sir Keir Starmer is likely to seize on the fallout from Mr Zahawi’s multi-million pound settlement at Prime Minister’s Questions on Wednesday. The Prime Minister ordered [...]
Briton arrested and facing extradition to US for allegedly helping Russian oligarch with ties to Putin evade sanctions January 25, 2023 A British man has been arrested in Spain for extradition to the US for allegedly helping an oligarch with close ties to Russian President Vladimir Putin evade sanctions. The US Department of Justice (DoJ) said in a statement that Richard Masters, 52, was arrested by the Spanish Guardia Civil last Friday, though his Russian-Swiss co-accused [...]
Amazon mutiny: 300 UK staff strike over pay in historic first for the company January 25, 2023 Amazon workers are staging their first ever strike in the UK in a dispute over pay. Members of the GMB at the company’s fulfilment centre in Coventry voted to walk out on Wednesday in protest against a pay rise the union said is worth 50p an hour. Stuart Richards, GMB senior organiser, said: “Today, Amazon workers in Coventry [...]
Eurostar forced to leave hundreds of seats empty on London routes to avoid Brexit-induced long queues January 24, 2023 Eurostar is being forced to leave hundreds of seats empty on trains to and from London to avoid long queues at stations, the cross-Channel train operator said. Chief executive Gwendoline Cazenave said a reduction in the number of border officials is driving an almost 30% increase in the time it takes to process passengers departing [...]
Capricorn Energy Chair, CEO quit board amid merger talks with NewMed January 24, 2023 Capricorn Energy’s chairperson, chief executive and three other directors have quit the board after weeks of shareholder pressure, led by activist investor Palliser Capital, to overhaul the British oil and gas producer’s leadership. Palliser and some of Capricorn’s biggest shareholders had publicly opposed a planned merger with Israeli gas producer NewMed NWMDp.TA, with major proxy advisers recommending votes [...]
