Passenger numbers soar above 640,000 at budget airline Norwegian March 4, 2022 Passenger numbers at Norwegian took off last month topping 640,000, the highest level since the pandemic struck in March 2020.
City Moves: Who’s switching jobs in the Square Mile this week? March 4, 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. MCA The Management Consultancies Association (MCA), a trade association, has announced that an EY veteran will be its next president. Yunus Ozler, EY UK&I energy and resources consulting leader and partner, who currently sits on the MCA [...]
As Russia triggers needless tragedy, we need to defend our global stability March 4, 2022 The lives lost so far in Putin’s pointless and tragic war are a terrible price for Ukraine, and innocent Russians. But the collateral damage of a land war in Europe will soon begin to spread far beyond razed Ukrainian villages and the flattened streets of Kharkiv. War costs billions every day. And the response – [...]
February retail sales perform well but warnings for mid-level retailers as living costs spike March 4, 2022 Purchases of clothes have driven retail sales growth, thanks to the easing of Covid restrictions. Total like-for-like sales swelled 49.6 per cent in February, according to the BDO’s February High Street Sales Tracker. This was from a base of minus 3.1 per cent in February 2021, when the country was in the throes of a [...]
From Abramovich to the Saudis: Football clubs have become the laundry for muddy reputations March 4, 2022 In 2003, Roman Abramovich bought Chelsea Football Club. In the years thereafter, a perennial underachiever became one of the most successful clubs in English football, a five-times Premier League champion and twice winner of the Champions League, the pinnacle of European football. Today, they are the reigning European and world club champions. Results on the [...]
As the cashless world grows, our financial ecosystems must build strong structures March 4, 2022 The cashless debate has been raging in the UK for the better part of a decade. While some are worried about phasing out physical cash, the pandemic has catalysed its decline – it’s no longer a surprise if your local coffee shop turns down a crumpled note in favour of a contactless credit card. UK [...]
Letters: A clear vision for a better future March 4, 2022 [Re: The EU’s plans for a ‘social sustainability’ taxonomy are a dangerous intervention, Feb 16] How will a taxonomy support a better future as we address the global challenges of climate change, biodiversity loss and rising inequality? Making positive social change happen requires clarity of what is considered positive impact according to a recent study [...]
Major UK insurers call on government to extend pension auto-enrollment to young workers March 4, 2022 A group of major British insurance firms and pension funds have called on the government to extend the UK’s pension auto-enrollment terms to include young and low-wage workers. The group sent a letter to Rishi Sunak yesterday to call on the government to “level up pensions for everyone” by abolishing the “lower earnings limit and [...]
Boris Johnson announces latest sanctions vowing to inflict “maximum economic pain” on Russia March 3, 2022 Prime Minister Boris Johnson has announced an additional round of sanctions against Russian oligarchs and vowed to “inflict maximum economic pain” on Putin’s regime. “For as long as Putin continues his barbaric attack on innocent Ukrainians we will continue to exert every power we have to inflict maximum economic pain on Putin and his war [...]
Swiss city of Lugano to make Tether and Bitcoin legal tender March 3, 2022 The Swiss city of Lugano is partnering with Tether to allow citizens to make payments using Bitcoin and a handful of stablecoins.
