FTSE opens up but investors keep watching brief on US inflation July 13, 2021 The FTSE 100 opened up this morning as investors indulged in a little optimism ahead of US inflation figures due out this afternoon. Global equities have had a good run over recent days with Wall St hitting record highs last night. The flagship FTSE 100 stood at 7,144 after an hour of trading, up 0.26 [...]
TikTok rolling out plans for staff to work remotely twice a week July 12, 2021 Tech platform TikTok will allow their London employees to work from home up to two days a week, City A.M. understands. The firm, which has recently secured a long-term lease on Farringdon’s Kaleidoscope building, will begin a global rollout of hybrid working in the US, UK and Ireland. TikTok have yet to set a ‘back [...]
The City View, with SocGen’s Christophe Lattuada July 12, 2021 In this week’s The City View, Andy Silvester is joined by Societe Generale’s UK boss Christophe Lattuada. He’s guided the bank through the last of the interminable Brexit negotiations and, of course, through the pandemic that turned financial services and the world upside down. Christophe and Andy discuss the future of the office, how London [...]
Good times never seemed so good: The Coldstream Guards get Euro 2020 fever July 9, 2021 Calls for a bank holiday, late starts at workplaces across the country and even the return of mystic meerkats predicting football results: England has gone football-crazy, and we haven’t even won anything yet. The latest to join the party was the band of the Coldstream Guards – who this morning performed a special rendition of [...]
Is it coming home? Your betting guide ahead of Euro 2020 final July 9, 2021 Football is on the verge of coming home ahead of England’s highly-anticipated Euro 2020 final against Italy on Sunday night. Gareth Southgate’s team edged past Denmark in a tense, nervy semi-final at Wembley, setting up a first major tournament final appearance since 1966. The anticipation and excitement in the leadup to the match is palpable, [...]
Rent payments creep up as the economy comes back to life July 9, 2021 Landlords told markets this morning that rent payments from tenants were creeping back towards 100 per cent as the economy kicks back into life. Land Securities collected 81 per cent of rent due at the back end of June, and Derwent London reported it had received 93 per cent of its office rents for the [...]
Robert Walters set to beat expectations as hiring picks up across the globe July 7, 2021 Recruitment boss Robert Walters says he “cannot deny the signs” of optimism as his eponymous firm reports full-year profits are set to be “significantly ahead” of expectations. In a second quarter trading update issued to markets this morning, Robert Walters reported 25 per cent profit growth on the same period last year to £89m, driven [...]
Delay to isolation changes could see more than a million Brits forced to quarantine July 7, 2021 Predictions of as many as 100,000 Brits a day registering positive Covid cases could leave more than a million Brits in isolation, putting the economic recovery at risk. New Health Secretary Sajid Javid predicted daily cases could top six figures as the UK unlocks from restrictions. Read more: UK fiscal watchdog: Government finances “increasingly exposed” [...]
Skittled: England to pick new ODI cricket squad after host of Covid positives July 6, 2021 England will be forced to name an entirely new 50-over side for their series with Pakistan after three players and four staff members tested positive for Covid-19. The squad will be captained by Ben Stokes, who was intended to be rested, and will be named later today. Read more: Boris Johnson says ECB should not [...]
Melbourne Grand Prix becomes another casualty of Aussie quarantine rules July 6, 2021 The Australian Grand Prix scheduled for November has been called off due to the logistical challenges of getting around strict Australian border controls. Visitors to Australia must quarantine for 14 days, a restriction expected to be in place until the end of the year, after the Government elected to pursue a ‘zero Covid’ strategy at [...]