London Stock Exchange boss calls for executive pay hike to tempt top firms to the City April 5, 2022 The chief of the London Stock Exchange has called for bosses' pay to be boosted if the city is to continue to attract top firms and talent.
Government paves way to end fracking moratorium with new survey April 5, 2022 The government has announced a survey into fracking ahead of the unveiling of its long-awaited energy strategy.
EY to double size of consulting team by hiring 5,100 consultants over the next four years April 5, 2022 Big Four accountancy firm EY is set to double the size of its UK consulting team, by hiring 5,100 new consultants over the next four years. The accountancy giant said it plans to double the size of 5,100 strong consulting team, with a view to having more than 10,200 consultants on its books by 2026. [...]
Michael Saylor’s MicroStrategy snaps up another 4,167 Bitcoin – worth $190 million April 5, 2022 MicroStrategy has made another huge Bitcoin purchase, acquiring 4,167 BTC to add to its enormous crypto holding.
Schroders Solutions to oversee investments for Centrica’s £10bn pension schemes April 5, 2022 Centrica, the company behind British Gas, has appointed City asset managing giant Schroders Solutions to oversee investments for its £10bn pension schemes. Centrica’s trustees chair Allan Whalley said Schroders Solutions was chosen after a “thorough selection process” and will help “deliver security” for Centrica’s pension scheme members. Acting as outsourced chief investment officer (OCIO), Schroders [...]
City stalwart quits as PM’s LGBT+ business champion over conversion therapy row April 5, 2022 City stalwart and Cicero/amo chair Iain Anderson has quit as Boris Johnson’s LGBT+ business champion over the government’s position on conversion therapy. The communications executive, who was appointed to the unapid role in 2021, announced today that the government’s decision not to ban trans conversion therapy was the catalyst for his resignation and was “deeply [...]
Zinc prices rally amid reduced output and soaring energy prices April 5, 2022 Zinc prices have skyrocketed again amid fears of reduced output in already tight markets, rising to $4,470 per tonne.
Surging living costs and remote working could create perfect burnout storm April 5, 2022 More than two-fifths (43 per cent) of UK employees feel more isolated while working from home, polling from tech company Asana shows. At the same time, 42 per cent said remote working has meant they no longer have a clear start or finish time during their working day. The study shows that UK workers waste [...]
Twitter CEO appoints billionaire entrepreneur Elon Musk to board April 5, 2022 Twitter’s new CEO Parag Agrawal has appointed Elon Musk to the board, after the billionaire tech entrepreneur was revealed as the platform’s largest shareholder yesterday. Based on Friday’s market close, Musk’s 9.2 per cent stake is worth some $2.89bn (£2.2bn), though just a fraction of his net worth of $233bn (£178bn). “He’s both a passionate [...]
Drug-drivers could be forced to take rehabilitation courses before using cars under new government plan April 5, 2022 Drug-drivers could be forced to take rehabilitation courses before being allowed to get behind the wheel, according to proposed government plans. Transport secretary Grant Shapps today launched a call for evidence to decide whether those who had been caught drug-driving need to follow in drink-drivers’ footsteps and complete rehabilitation. “If we are to make our [...]
