Oil settles around $90 amid looming expectations of US interest rate hikes February 11, 2022 Oil prices are hovering at around $90 per barrel on both major benchmarks amid concerns over aggressive US interest rate hikes.
Bookies look Stateside for betting wins February 11, 2022 Sunday night’s Super Bowl will see the Bengals battle the Rams - but the real action might be off the field, writes Leah Montebello
Omicron’s train hits Heathrow’s January demand February 11, 2022 The impact of Omicron continues to be felt at Heathrow, as the airport’s January demand was weaker then expected. Passenger demand, the airport reported today, were 56 per cent down on pre-pandemic levels, as more than 1.3 million travellers cancelled or didn’t book their trips because of the travel restrictions set in December. “We haven’t [...]
City Moves: Who’s switching jobs in the Square Mile this week? February 11, 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. essensys Flexible workspace software and technology company Essensys has found a new CEO for its UK and European business. Stepping to the helm after a stint at British Land, James Lowery will report to founder and group CEO Mark Furness. “James’ [...]
A matter of when not if for the Met Commissioner February 11, 2022 In truth it was a matter of when, not if. Dame Cressida Dick simply had to go – her force long ago lost the faith of Londoners. For some, it began with the heavy-handed response to the vigil for Sarah Everard, when the force violently broke up a peaceful protest at the murder of a [...]
Mental health in the Square Mile has transformed; it must do in the NHS too February 11, 2022 I began my career in the cut throat City in 1982. It was an era when the environment was uber macho, almost completely male dominated with an incredibly aggressive culture. It was accepted that this was how you needed to be if you wanted to get on. The atmosphere of no holds barred determination to [...]
Dear Jacob Rees-Mogg, it’s time to make good on Brexit promises with new City rules February 11, 2022 Business leaders once again find themselves pondering the shape and size of Britain’s economy post-Brexit. Brexit was always designed to be a two-part plan. Part one was leaving. But, as noted in the report by the Public Accounts Committee, for some sectors it’s been a triple whammy of red-tape, double regulation and rising compliance costs. [...]
Weak efforts to claw back stolen furlough money by HMRC to leave taxpayers with £4bn bill February 11, 2022 Weak efforts by the taxman to clawback Covid-19 support money stolen by fraudsters will result in taxpayers shouldering a £4bn loss, warns a new report published today by a group of cross-party MPs. “HMRC’s unambitious plans” to recover billions of misspent pounds through the furlough and business loan schemes could see taxpayers holding the bag, [...]
Brits flock back to country’s drinking holes in sign of normalising spending February 11, 2022 Brits are flocking back to the country’s drinking holes after Covid-19 restrictions were scrapped last month, revealed fresh figures released yesterday. Social spending is nearly back to pre-pandemic levels as the end of Plan B curbs encouraged consumers to return to their favourite pubs, bars and restaurants. According to data released by the Office for [...]
As chief execs traverse the world of sustainability, they must keep investors onside February 11, 2022 Mayonnaise. The humble condiment is now at the centre of a broader debate about the purpose of business. Last month, Fundsmith’s Terry Smith argued Unilever “had lost the plot” for attempting to define the purpose of Hellman’s. While Smith’s comments on sandwich fillers grabbed headlines, the more revealing point made by Smith was that Unilever [...]
