Shapps refuses to confirm fee for buying out China’s Sizewell C stake December 14, 2022 Business Secretary Grant Shapps refused to provide a figure for the cost of buying out China's stake in proposed nuclear project Sizewell C.
City Moves: Who’s switching jobs in the Square Mile? December 14, 2022 City A.M.’s Millie Turner provides a roundup of the most important hires and job moves across the City, every morning. Email citymoves@cityam.com to be featured. Cadwalader, Wickersham & Taft Law firm Cadwalader, Wickersham & Taft has poached its latest partner from Hogan Lovells. New ESG finance and investment partner Sukhvir Basran had previously co-founded Hogan Lovells’ global sustainable finance and investment group. [...]
Khan calls for London to get bigger slice of Levelling Up cash from government December 14, 2022 Sadiq Khan has called on Rishi Sunak to give London more cash from the government’s signature Levelling Up fund to tackle “the capital’s own substantial inequalities”. The London mayor said the capital was missing out on hundreds of millions of pounds of government money post-Brexit. New figures from City Hall show London has received £76 [...]
If we want a new generation of leaders, we need to teach kids politics at school December 14, 2022 We need to start treating political education like maths or English, like a basic, essential knowledge bank that you can draw on as you go through life.
HSBC UK CEO: To maintain our competitive edge, we need to convince businesses to invest in the UK December 14, 2022 In the midst of today’s economic backdrop, the critical challenge facing both public and private sectors is supporting growth through the choppy waters ahead – and the key to this is giving business the confidence to innovate right across the UK. At the heart of the solution is partnerships, whether that’s between businesses, sectors, policymakers [...]
If we concede to the unions, Britain will find itself in a dizzying wage-price spiral December 14, 2022 A wage price spiral. We have not experienced one for so long that for most people the phrase might just as well be written in the Old English of a thousand years ago. It is, well, sort of comprehensible but only just. But such spirals can take hold with terrifying swiftness. Towards the end of [...]
Letters: Britain’s private health woes December 14, 2022 [Re: Fears of privatising the NHS are stopping us from saving our health service – and lives, Dec 2] Fears around the collapse of the free NHS are not new. The past few years has seen increasing worry over staff shortages and the ageing population. Services have been overwhelmed. Jumping the NHS ship and opting [...]
London gold market sued over ethical labelling for Tanzanian mine December 13, 2022 THE WORLD’S biggest bullion market is facing a High Court lawsuit over claims it wrongly certified gold from a Tanzanian mine as being responsibly sourced despite being at the centre of multiple allegations of human rights abuse. The London Bullion Market Association (LMBA) is being sued for an undisclosed sum by the families of two men [...]
KPMG chief snubs global split as consulting arm drives growth in revenues December 13, 2022 The global head of KPMG today slapped down suggestions it might follow EY in pursuing a global split, in claiming the accounting firm’s strong financial performance “validates” its current approach. KPMG chief executive Bill Thomas rejected plans for a split in claiming the Big Four firm’s results “validates an unwavering commitment to deliver services… through [...]
Solidarity? These rail strikes hit the lowest-paid the hardest December 13, 2022 In primary schools across the world, teachers spend hours pointing out to their students the wonder of the natural world – the way all the pieces fit together to make a whole. Bug-eyed kids stare avidly at the inner workings of an ant’s nest; others might be shown a video of the ways bee colonies [...]
