AJ Bell assets fall in first post-IPO market update January 23, 2019 AJ Bell today revealed that assets fell in the months leading up to its blockbuster December float. Read more: AJ Bell prepares for London IPO Underlying platform inflows grew 20 per cent to £1.2bn in the three months to the end of December compared to the same period in 2017, AJ Bell said today in [...]
Ranked: The UK’s 25 best jobs to apply for in 2019 January 23, 2019 While Londoners may dream of becoming high-flying chief executives, or even solitude-seeking novelists after years of commuting, the best job going is actually that of a humble audit manager, according to new data released today. The back office role topped recruitment site Glassdoor's list of the UK's 25 best jobs in 2019 based on its salary, how [...]
Davos: Citigroup CEO admits London focus will wane after Brexit January 22, 2019 Citigroup has warned that it will do less work in London after Brexit. Speaking at Davos today, chief executive Michael Corbat warned that the firm will move jobs to the EU in preparations for Brexit, adding that “the outcome is that we will be doing less there [London]”. Read more: Citigroup appoints new investment bank [...]
Gatwick drone chaos costs Easyjet £15m but shares rise as profits stay the course January 22, 2019 Drone disruption at Gatwick cost Easyjet £15m, the airline revealed today, as it said that 82,000 passengers were affected by the incident, but shares rose as profits stayed the course. Easyjet was forced to spend £10m in customer welfare costs and lost £5m in revenue, it confirmed in a trading update this morning, as it [...]
Employment rate hits record high as wages reach new post-financial crisis peak January 22, 2019 Employment rose to a record high in the three months to November as wage growth hit a 10-year peak, according to official data released today. The number of people in paid work rose by 141,000 people to 32.53m, the Office for National Statistics said, giving a record employment rate of 75.8 per cent. Sterling surged [...]
Kier Group boss leaves struggling outsourcer ‘with immediate effect’ January 22, 2019 Kier Group’s boss has left the business with immediate effect, the struggling construction company said today. Chief executive Haydn Mursell will also stand down from the board of directors as it searches for his successor. Read more: Kier operations director leaves firm for Grenfell cladding company Chairman Philip Cox will act as executive chairman and work [...]
Tube delays: Severe delays hit Piccadilly Line commuters for second time in a week January 22, 2019 Severe delays have hit the Piccadilly Line this morning as commuters make their way to work. Eastbound travel is suffering severe delays after a signal fault at Hammersmith, with minor delays affecting westbound journeys. Read more: 'Systemic failures' to blame for May's timetable chaos Transport for London (TfL) advised that tickets are being accepted on [...]
Poland breaks ranks with EU to propose five-year time limit on Brexit backstop January 21, 2019 The EU’s chief negotiator today insisted the Brexit deal negotiated with Theresa May is set in stone, as Poland broke ranks to suggest a key change to the agreement. Michel Barnier told Irish broadcaster RTE that “the withdrawal agreement with all its dimensions, including the backstop, is the best deal possible” this afternoon. Read more: [...]
Ireland will not negotiate with UK over Brexit backstop, says minister January 21, 2019 Sterling dipped this morning as Ireland said it would not negotiate separately with the UK over Theresa May’s Brexit deal. The Prime Minister was hoping to sign a treaty with Ireland to remove the so-called Irish backstop from her unpopular withdrawal agreement, according to The Sunday Times. Read more: May must battle MPs trying to delay [...]
William Hill confirms lower 2018 profits as it comes close to securing £242m Mr Green & Co purchase January 21, 2019 William Hill today confirmed a likely fall in profits for 2018, revealing its bottom line will be 15 per cent down on the year before. Shares dipped by 2.6 per cent in early trading today after falling five per cent when the betting firm first warned of the profit drop last November. Read more: William [...]
