Sustainability: ‘Who is ultimately accountable? The board and the CEO’ October 14, 2021 A business’ board and chief executive are the ones ultimately accountable for creating a sustainable company with COP26 on the horizon, according to DS Smith’s sustainability lead. “Sustainability should, as a function, should make itself superfluous,” said Wouter van Tol, head of sustainability at the London listed packaging giant. Speaking at a sustainability roundtable earlier [...]
Three jobs to apply for this week (including a REALLY cool one at eClerx) October 14, 2021 Are you on the hunt for a new gig? Well, you have come to the right place. This week, we’re bringing you three brilliant (and interesting) roles that are available on City AM Jobs. So if you are looking for a new opportunity, get applying… Analytics Consultant, eClerx This role on the Solutions Consulting team [...]
Prince William calls out billionaire space race October 14, 2021 Prince William has called for billionaire entrepreneurs to focus on solving the climate crisis facing Earth instead of launching themselves into space. During an interview with the BBC William made took a thinly veiled shot at tech entrepreneurs including Elon Musk, Jeff Bezos and Richard Branson who are competing to lead the commercial space travel [...]
US Fed to launch tapering as soon as next month October 14, 2021 The world’s most influential central bank has provided the strongest signal yet it is preparing to rein in the wave of stimulus it unleashed in response to the Covid-19 crisis. The US Federal Reserve is considering pulling back asset purchases designed to shield the American economy from the worst effects of the pandemic as soon [...]
TfL moves to open Night Tube next month on Central and Victoria lines October 14, 2021 Sadiq Khan has announced today that the Night Tube will be back open next month on the network’s two largest lines. The 24-hour weekend London Underground service will resume on the Central and Victoria lines, after being suspended at the start of the Covid-19 pandemic. It comes after a wave of complaints in recent weeks [...]
Membership group launches to support implementation of CBDC October 14, 2021 A new membership body supporting the rollout of the UK's CBDC (central bank digital currency) launches in London today.
Opinion-in-brief: Bridging the digital divide is key to solve the wealth gap October 14, 2021 When operating in an online world feels as natural as it does to many of us, those who face digital exclusion are easy to miss. We often think about the digital divide in relation to older people who grew up without computers, or those who live in rural areas with poor internet connections. But new [...]
London markets shake off Fed tightening concerns October 14, 2021 London markets this morning shook off fears that the Bank of England could follow the US Federal Reserve and begin tightening monetary policy next month. The capital’s premier FTSE 100 index climbed 0.69 per cent to 7,191.41 points during the opening session today. More to follow.
Watchdog checks Facebook whistleblower claims for UK law breach October 14, 2021 The UK’s data-privacy watchdog will be reviewing allegations made by whistleblower Frances Haugen to check if Facebook has broken UK law. The ICO has confirmed that it will follow up ex-Facebook employee Haugen’s explosive revelations made at a hearing into big tech held by the US Senate. Haugen has claimed that Facebook made no effort [...]
Hays to reward investors with £150m special dividend amid bumper growth October 14, 2021 Recruitment firm Hays has reported strong growth in the first quarter with fees up 41 per cent and permanent roles rising sharply. The international recruiter, which employs over 10,000 people across 256 offices in 33 countries, saw record fees in 12 countries with the UK and Ireland delivering fee growth of 44 per cent for [...]