Thierry d’Argent becomes SocGen’s top banker in London May 17, 2023 Societe Generale’s London head has been promoted and will be replaced by the aptly named Thierry d’Argent. The new boss, d’Argent, has been named SocGen group country head for the UK and Ireland and chief executive of the bank’s London branch. d’Argent began his career in 1988 at Oliver Wyman. He then joined Barings and [...]
Chancellor: Forget hybrid TWaTs, it’s the office by “default” May 17, 2023 The Chancellor has said that the office should be the “default” location for work, even after the rise of hybrid working in the pandemic. Vast swathes of workers in white collar jobs have switched out of the office for at least two or three days a week, with the term ‘twat’ now used to describe [...]
PMQs Sketch: Prince Harry, avenged by the Spare red-heads May 17, 2023 Oliver Dowden and Angela Rayner, both ginger, both second-in-command, faced off in Prime Minister’s Questions in an almost flirtatious double act.
Elon Musk rubbishes Tesla exist chatter and commits to ‘try a little advertising’ too May 17, 2023 Elon Musk has dismissed speculation he may step down as Tesla’s boss – and told the company’s annual shareholders meeting the electric car and solar panel firm will start doing some advertising. “Say it ain’t so,” a shareholder said to Musk about stepping down as Tesla’s chief executive. “It ain’t so,” he replied. When another [...]
Passengers ‘flung around’ as Croydon tram hit curve at triple the speed limit, court hears May 17, 2023 Passengers in the Croydon tram disaster were “flung around” as if in a washing machine after their driver attempted a curve at more than three times the speed limit, a court has heard. Alfred Dorris, 49, is on trial at the Old Bailey over the derailment at Sandilands in south London on November 9 2016 [...]
Cost of living overwhelmingly top concern for UK public, poll finds May 17, 2023 The cost of living crisis continues to be the top concern for Britain’s voters, a new poll has found. Pollsters at More in Common (MiC) found 75 per cent of those surveyed cited the cost of living crisis as their number one priority that the government should address. Only 44 per cent said supporting the [...]
Jeremy Hunt pressed on Brexit tariffs after Stellantis warns of job cuts and car factory closures May 17, 2023 Jeremy Hunt insisted the government is “very focussed” on ensuring Britain improves its EV car manufacturing capacity, after Vauxhall and Fiat’s parent firm warned of Brexit-linked concerns. The Chancellor’s comments were made in the wake of worrying remarks by automaker Stellantis, saying the future post-Brexit tariffs could threaten sections of its UK business, placing hundreds [...]
SPACs are back: Blank-cheque firm raises $550m in London’s biggest IPO this year May 17, 2023 A special purpose acquisition company (SPAC) has bagged $550m in an initial public offering on the London Stock Exchange today in the UK’s biggest listing so far this year.
Bank of England governor Andrew Bailey warns of uncertainty over inflation drop May 17, 2023 The risk of inflation staying higher for longer than the Bank of England’s two per cent target than it expects is mounting due to the slow reduction of wage pressures and price rises, the Governor of the central bank warned today. Speaking at the British Chambers of Commerce’s (BCC) annual conference, Andrew Bailey warned the [...]
Ailing online estate agent Purplebricks to be sold for just £1 with job cuts expected May 17, 2023 Struggling online estate agent Purplebricks will be sold to rival firm Strike for just £1, the company announced today. After struggling to improve its performance, the firm put itself up for sale in February. The announcement saw Purplebricks’ share price plummet, down 42 per cent at the time of reporting to 76p. Shares have fallen [...]
