City A.M. Awards 2022: Analyst of the Year March 30, 2022 The City is back, and so are the City A.M. Awards, recognising the best of the Square Mile, Canary Wharf and London’s business community – which has shown shown resilience, innovation and adaptability like never before over the past year. We’re delighted to host what will be a wonderful celebration of the capital’s rebound, but [...]
Germany raises prospect of power rationing with emergency gas plans March 30, 2022 Germany has triggered emergency plans to manage gas supplies following the Kremlin's demand for contracts to be paid in roubles.
‘A false veneer to a broken system’: British judges resign from Hong Kong’s highest court March 30, 2022 British judges have resigned from Hong Kong’s highest court, in a move which has been welcomed by the foreign secretary and UK-based advocacy group Stand With Hong Kong (SWHK). Two senior judges, Robert Reed and Patrick Hodge, submitted their resignation to the city’s Court of Final Appeal (HKCFA), saying their role was “no longer tenable” because of [...]
Crypto markets flat as MicroStrategy announces another massive Bitcoin purchase March 30, 2022 The price of Bitcoin is currently holding steady at about $47,400 with the Ethereum price treading water at $3,400.
Investors should stop listening to Bank of England’s rate guidance, deputy governor says March 30, 2022 Investors should stop listening to the Bank of England’s guidance on the path of interest rates, a member of the central bank’s rate setting committee said today. Ben Broadbent, a deputy governor on the Bank’s Monetary Policy Committee, sent a signal to investors urging them to stop taking their signals so seriously. Central banks issue [...]
Letters: London, get creative March 30, 2022 [Re: Post-Brexit City exodus fails to materialise as London lifts hiring, yesterday] Despite much doom-mongering, it appears London has retained its crown as a global employment hub for now. However, the City should not rest on its laurels. There is a unique tension rumbling in the recruitment market which threatens to disrupt London’s “recruitment bounce”. [...]
Ikea to close Tottenham store in £1bn plans to speed up home deliveries in London March 30, 2022 Ikea has revealed it will be shutting shop at its Tottenham store, with some 450 employees set to be impacted. However, Ikea said it has plans to retain as many individuals as possible. It is also planning to create some 600 vacancies in the capital before the store shuts. The North London store will remain open [...]
Once-fearsome Unions have let P&O off lightly as their political capital unravels March 30, 2022 A penny for the thoughts of Sir John Prescott as P&O Ferries plants itself at the top of the tree of corporate bad guys with its sacking of 800 British crew members. The Labour heavyweight and former Hull East MP started out, let’s remember, as a steward on the Cunard line at the age of [...]
Boris Johnson praises ‘immense courage’ of Tory MP coming out as trans March 30, 2022 Boris Johnson has praised the “immense amount of courage” of Tory MP Jamie Wallis, after he came out as trans this morning. The Prime Minister said he would “always give you, and everyone else, the love and support you need to be yourself”, despite making a joke last night about the phrases often used within [...]
Opinion-in-brief: Rishi is rich – he needs to stop pretending otherwise March 30, 2022 Rishi Sunak is, to put it simply, loaded. During the pandemic we chuckled at his £180 smart mug which kept his tea warm, we mocked him gently for his confessions-of-a-Peloton addict-style foibles. Many were a little taken aback when his wife, Akshata Murthy, headed to Loulou’s in Mayfair on the night after lockdown ended – [...]