Music Licensing Inc announces plans to list on NASDAQ December 19, 2022 Music Licensing Inc, a leading music and performance rights licensing company has announced plans to list on NASDAQ. The company has filed necessary paperwork with the Financial Industry Regulatory Authority (FINRA) to confirm its eligibility. In June 2022, Pro Music Rights, Music Licensing Inc’s main holding, was valued at nearly £350 m. In regards to [...]
Network Rail slams RMT for ‘needless’ Christmas strikes December 19, 2022 Network Rail’s chief executive Andrew Haines has accused the union RMT of “causing needless misery” to its members and the UK wider economy as workers strike during Christmas. RMT members working at Network Rail will down tools from 6pm on Christmas Eve to 6am on 27 after rejecting a nine per cent offer. “RMT suggestions [...]
London Stock Exchange group strikes deal to buy Acadia December 19, 2022 The London Stock Exchange Group (LSEG) announced it had snapped up risk management firm Acadia today as it looks to boost the growth of its post-trade offering.
Brexit: European nurses don’t want to work for NHS, report suggests December 19, 2022 Brexit-induced migratory hurdles and poor wages have made Britain an unattractive destination for Europe's nurses.
Competition regulator appoints interim CEO to permanent role December 19, 2022 The Competition and Markets Authority has appointed its interim CEO to a permanent role. Business Secretary Grant Shapps confirmed that Sarah Cardell will take over at the regulator immediately, having been running it since July following Andrea Coscelli’s departure. Cardell, who has 20 years of experience in the competition and consumer enforcement was previously general [...]
Purplebricks: Shareholders reject motion to oust chair after dismal financial performance December 19, 2022 Purplebricks’ shareholders rejected a proposal to oust the online estate agency’s chair as its head insisted that improvements were on the way. The troubled firm said a proposal by major shareholder Lecram Holdings to remove Paul Pindar was rejected. Some 71.71 per cent of votes in a general meeting were against the resolution proposed by [...]
Liberty Global’s Andrea Salvato may be new Vodafone Chief December 19, 2022 Andrea Salvato is a contender for the top job at Vodafone according to latest reports from London’s telecom sources. Nick Read, Vodafone’s current CEO will step down at the end of the year after a financially turbulent quarter for the telecommunication giant. Beginning of December, the company had seen a 44 per cent decline in [...]
Border force to walk out this week as Christmas chaos to hit UK airports December 19, 2022 Millions of Britons will need to brace for additional chaos during the festive season as Border Force staff at several UK hubs are set to down tools. Around 1,000 members of the union PCS will strike at the likes of Heathrow and Gatwick between 23 and 26 as well as 28 and 31 December after [...]
Number 10: Rishi Sunak ‘deeply regrets’ Christmas strikes December 19, 2022 Rishi Sunak “deeply regrets” the strikes disrupting the Christmas period but will not bend on public sector pay demands, Number 10 has said. Sunak’s official spokesman today said it is “still in the gift of the unions to step back and reconsider the approach” as Britain suffers from a series of December strikes. Up to [...]
UK banks have swerved bonus cap by hiking pay, BoE finds December 19, 2022 UK lenders have raised staff pay to compensate for smaller hand outs after the banker bonus cap was implemented following the financial crisis, new research out today has found. The City’s top bankers’ pay has been steadily rising since the rules were imposed in 2014, according to the Bank of England. “The bonus cap [has [...]
