CAB Payments chief: Why we’re listing in London June 29, 2023 Bhairav Trivedi, the chief of Sutton-based money transfer firm CAB Payments, tells Charlie Conchie why he's listing in London
Revolution v Boohoo: A dummy’s guide to the beauty bust-up June 29, 2023 Why is Boohoo causing tears? Boohoo, which holds a 26.6 per cent stake in Revolution, wanted to boot out Revolution’s chief executive Bob Holt, chairman Derek Zissman and chief financial officer Elizabeth Lake. Boohoo wanted to replace them with three new people – New Look executive chairman Alistair McGeorge, Boohoo executive director Neil Catto and [...]
MPs back plans for national Holocaust memorial centre next to Parliament June 29, 2023 MPs have backed plans for a national Holocaust memorial centre next to Parliament despite several Conservatives raising concerns over its proposed location. The Holocaust Memorial Bill, to enable the development to go ahead in Westminster, was given an unopposed second reading in the Commons. Costs have increased by almost 35 per cent due to delays [...]
Mark Kleinman on banks, Ocado and London’s IPO market June 29, 2023 Mark Kleinman is City editor at Sky News Politics could push ministers to punish banks This is a cost of living crisis, not a banking crisis: if I had a fiver for every time a senior bank executive had said that to me over the last 18 months, I’d never need another mortgage of my [...]
Will millions of Brits flock down under following post-Brexit Aussie visa changes? June 29, 2023 From 1 July, Australia will increase the maximum age of its 18-30 working holiday visa to 35, allowing more than 16m young Brits to live and work down under. The change comes as a result of the recently announced Australia-United Kingdom Free Trade Agreement – the UK’s first since leaving the EU – which altered previous [...]
Traditional media revenue streams won’t stand a chance in a race with AI June 29, 2023 If social media challenged the traditional advertising revenue of media organisations, artificial intelligence threatens to annihilate it, writes Dominic Young.
Let’s be honest, ESG investing will actually hurt the environment June 29, 2023 When companies with poor environmental credentials are starved of capital, they become dirtier to avoid bankruptcy, writes Matthew Lesh
If offices still look like they’re out of an 80s sitcom, we will see more exits like HSBC June 29, 2023 The death of the office proclaimed post-pandemic is far from real; what's true is that London still lacks good quality office spaces. HSBC's change of location is proof of that, writes Gareth Lewis
Thames Water’s woes don’t show the folly of privatisation, but a lack of competition June 29, 2023 Thames Water has got itself into this position not because it's in private hands, but because it isn't subject to the improving forces of the market
Sony, Universal and Warner forced to explain ‘disappointing’ gender pay gaps June 28, 2023 Representatives from Sony, Universal and Warner today were forced to explain the gender pay gaps in their companies as they were questioned by MPs in parliament. Reports on salaries at the organisations in 2022 revealed Warner had an average gender pay gap of just under 38 per cent – a slight rise on the previous [...]