New data reveals the top 10 dealmakers of 2021 February 6, 2022 New data, shared with City A.M. has revealed the UK’s top dealmakers of 2021. The figures come on the back of a record year for mergers & acquisitions, which saw the completion of more than $5 trillion worth of deals. JP Morgan’s James Robinson ranked as the UK’s top investment banker, after topping MergerLink’s charts [...]
Bitcoin has flipped Facebook in market cap, but gold still out in front February 6, 2022 Bitcoin has risen above Facebook’s parent company Meta to become the world’s 10th most valuable asset by market cap.
Flybe pilots subject to “unusually aggressive” confidentiality rules as airline prepares to fly again February 6, 2022 As regional airline FlyBe prepares its return to the skies, pilots are reportedly subjected to “unusually aggressive” confidentiality rules. Recruits have claimed they were forced to sign non-disclosure agreements to avoid sharing information about working conditions, the Sunday Telegraph reported. “Pilots are key safety professionals who spend their entire careers seeking to turn the complex [...]
UK draws up plans for £6bn science programme if EU blocks entry to Horizon February 6, 2022 The UK will spend £6bn over the next three years on a new science fund if the EU continues to shut out Britain from the Horizon Europe research programme. Brussels agreed to let the UK join the seven-year €95bn (£80.4bn) Horizon programme post-Brexit, however its entry has been blocked in the wake of a row [...]
Private equity acquisitions of professional services firms up 179 per cent in 2021 February 6, 2022 Private-equity funds have increasingly begun to buy up professional services firms, as they face mounting pressure to deploy their capital quickly in the face of economic uncertainty. The number of private-equity backed acquisitions of UK professional services firms more than doubled over the previous year, from 19 in 2020 to 53 in 2021, according to [...]
Ethical brand Tony’s Chocolonely finds 1,700 child labourers in supply chain February 6, 2022 Anti-slavery chocolate brand Tony's Chocolonely has admitted that 1,700 child labourers were involved in its supply chain last year.
Porsche expects record sales in 2022 despite continuation of supply chain issues February 6, 2022 Not even ongoing supply chain issues will hinder Porsche’s lucky streak, as the automotive maker expects record sales in 2022 despite semiconductor shortages. “When I look at the current orders, I’m confident for 2022. Growth in sales could reach a similarly high level this year as in 2021,” said Detlev von Platen, Porsche’s board member for [...]
Top economist says Bank of England’s failure to tackle inflation quickly will worsen cost-of-living crisis February 6, 2022 One of Britain’s top economists has accused the Bank of England’s of failing to act quickly enough to stop inflation from worsening the cost-of-living crisis. Gerard Lyons, a former economic advisor to both Gordon Brown and Boris Johnson, accused Bank of England Governor Andrew Bailey of failing to “nip inflation in the bud” and taking [...]
Trainline seeks Whitehall reassurance as rival ticketing app spooks businesses February 6, 2022 Trainline’s bosses have been fretting over a possible government-funded ticketing competitor, saying it could destroy the business. The group has reportedly sought reassurance from Whitehall that ministers’ plans to create a new ticketing app will not undermine its business, the Sunday Telegraph reported. According to Peel Hunt analyst James Lockyer, after a meeting where Trainline’s [...]
UK consultancies are hiring fewer Oxbridge and Russell Group uni grads than a decade ago February 6, 2022 The UK’s management consultancies are hiring fewer Oxbridge graduates and fewer Russell Group university graduates than they were a decade ago, figures from the Management Consultancies Association (MCA) show. The proportion of young management consultants from the UK’s top-ranking Russell Group universities has dropped from heights of 73 per cent in 2011, to rates of [...]
