The Square Mile and Me: PwC chair Kevin Ellis on favourite city haunts and the pub he started his career in February 16, 2023 This week PwC’s chair and senior partner Kevin Ellis tells us the stories of his beloved City haunts, including the pub where he started his career and the spots he uses to lift his spirits. What was your first job? My first job was delivering double-glazing leaflets around Chingford in East London where I grew [...]
Planet Crypto: Logan Paul defends his crypto zoo February 16, 2023 The crayons of comedy have been out again on Planet Crypto, and this time they're going in the ring with Logan Paul.
Wagamama owner has ‘little hope for future’ activist shareholder says, urging major strategy overhaul February 16, 2023 Wagamama owner The Restaurant Group has shown “little hope for the future” and is in need of a strategy overhaul, an activist shareholder has urged. Oasis Management, a hedge fund which holds a 6.5 per cent stake in the company, called on the hospitality firm to “re-align its priorities” and take immediate steps to restore [...]
Who could replace Nicola Sturgeon as SNP leader and Scotland’s first minister? February 16, 2023 Scottish first minister and SNP leader Nicola Sturgeon revealed she is quitting the top job in a shock move seen as a major boon to the unionist movement. Runners and riders are jostling for position as the Scottish National Party (SNP) prepares to replace Sturgeon in the post. While the news was welcomed by the [...]
UK economy has a needless £20 billion dependency on US stablecoins, research says February 16, 2023 A report by Poundtoken and Myna says 99% of the global stablecoin market-cap is unnecessarily tied to the US Dollar.
‘Substantial reduction’ in bonuses at Deutsche Bank and Barclays as fallout from WhatsApp scandal continues February 16, 2023 Deutsche Bank and Barclays have both cut bonuses for senior staff that inappropriately used WhatsApp as the fallout from an industry-wide crackdown on the use of private messaging services continues. According to Bloomberg, employees at Deutsche Bank who were found to be in severe breach of policies will see a “substantial reduction” in their bonus. [...]
Part four: Financial Services and Markets Bill – time to get real about financial inclusion February 16, 2023 In his final part of a series of articles on the Financial Services and Markets Bill, Lord Holmes asses how far we are from financial inclusion.
Mazars UK business posts ‘record’ growth as firm pushes to tackle Big Four’s dominance February 16, 2023 Mazars today said its UK audit business grew 37 per cent over the previous year, as the accounting firm seeks to take on the Big Four and capture a larger share of the market. Mazars’ UK business posted “record” growth, despite rising costs, after its revenues increased by more than a fifth (23 per [...]
Network Rail hits back at ‘regretful’ RMT claim linking modernisation proposals to tragedy February 16, 2023 Network Rail’s plans to modernise maintenance will improve safety for workers, as it hit out at the RMT union for its “regretful” linking of proposals to a tragedy almost 20 years ago. NR strongly denied claims by the Rail, Maritime and Transport union that it had a cost-cutting agenda, as its boss Mick Lynch invoked [...]
Aldi to create more than 6,000 jobs across UK this year February 16, 2023 Supermarket chain Aldi is to create more than 6,000 jobs across the UK this year. The company, which has more than 990 stores and employs around 40,000 workers, said it plans to continue to expand throughout 2023. New stores will open in towns and cities including Norwich, Huddersfield and Shrewsbury. Aldi recently increased pay rates for around 7,000 [...]