FCA chief operating officer Stephanie Cohen to step down January 17, 2022 The City watchdog’s chief operating officer Stephanie Cohen will step down later this year for personal reasons. BlackRock veteran Stephanie Cohen joined the Financial Conduct Authority in 2021, but an internal email seen by City A.M. informed staff this morning that she would be moving on “later this year.” Cohen was one of a series [...]
Letters: Time to learn you E-S-Gs January 14, 2022 [Re: Terry Smith has a point – and the rest of the City should listen too, yesterday] Andy Silvester wrote how Terry Smith, one of Unilever’s top shareholders, “has a point” when saying the company has “lost the plot” with its focus on sustainability. Mr Smith told Fundsmith investors this week that Unilever has become [...]
Letters: The longevity of giving back December 14, 2021 [Re: ‘Perfect storm’ hits charities as close to 5m Brits have stopped donating since start of the pandemic, Dec 6] With reports that nearly five million Brits have stopped donating since the start of the pandemic, this has undoubtedly been a difficult period for UK charities. And while it’s important to recognise these challenges, there [...]
Letters: Creative hospitality will thrive post-Covid December 13, 2021 [Re: Party’s over, Nov 8] Business travellers cancelling trips following the government’s Plan B guidance is another blow to the hospitality industry. After a tough 18 months, this Christmas period was set to be a highlight for London’s hotels. If that won’t be the case, the industry needs to find alternative solutions to stay afloat. [...]
PM Boris Johnson and wife Carrie announce birth of second child December 9, 2021 The Prime Minister and his wife Carrie have announced this morning the “birth of a healthy baby girl at a London hospital earlier today.” It is their second child, after boy Wilfred was born in 2020. This is a developing story and will be updated
Letters: Calling time on the Lib Dems December 7, 2021 [Re: By-elections might be political candy but tell the seers of Westminster little, yesterday] The recent by-election in Old Bexley and Sidcup showed a 10 per cent anti-government to Labour swing. With the Government’s contempt and arrogance seeking to change the anti- sleaze rules rather than face up to one of the members being found [...]
Letters: Time to hold firm and keep our freedom December 6, 2021 We were told “15 million jabs to freedom” some time ago, yet we now face a situation where Scotland, Wales and Northern Ireland now have vaccine passports as a requirement to participate in various parts of society and England keeping Plan B “in reserve”. A handful of European countries have faced mass uproar over vaccine [...]
Letters: Down the tube December 2, 2021 [Re: Entire tube line risks closure unless cash-strapped TfL gets funding, yesterday] As always an accurate report from CityA.M. But, unfortunately, even by Sadiq Khan’s proximity to the truth over the last five years’ this is a whopper of a lie from him. As business works hard to keep going through Covid and tube strikes, [...]
Most Arcadia stores lie empty a year after empire’s collapse December 1, 2021 Press Association THE vast majority of stores from Sir Philip Green’s former Arcadia empire remain empty a year after the retailer’s dramatic collapse. Around 86 per cent of shop sites run by the group – which included Topshop, Topman, Burton and Dorothy Perkins stores – are still vacant, according to data from the Local Data [...]
Letters: A black mark against sales November 30, 2021 [Re: Bumper Black Friday and Cyber Monday sales are a relic of old consumer habits, Nov 27] Black Friday marks the start of the peak shopping period, which more than half of UK retailers have described as “make or break’”for their business this year. While it’s an important weekend to boost sales, research has shown that [...]
