Xavier Rolet hits back at junior bankers complaining about working hours August 2, 2021 The former boss of the London Stock Exchange Group, Xavier Rolet, has accused junior bankers who routinely work 100-hour weeks of moaning about conditions. A survey taken by 13 new recruits at Goldman Sachs revealed that surging workloads have taken a toll on mental health during the pandemic. Pleas by junior bankers to work just [...]
Belarus athlete granted Polish visa after refusing to return home August 2, 2021 Belarusian athlete Krystsina Tsimanouskaya, who refused her team’s orders to board a flight home from the Tokyo 2020 Olympics, has been granted a humanitarian visa by the Polish government. The sprinter, 24, entered the Polish embassy in Tokyo earlier today after spending a night in secure accommodation at Haneda airport under Japanese police protection. Tsimanouskaya [...]
FTSE 100 gets week off to a strong start as Covid cases fall again August 2, 2021 The FTSE 100 rose 0.7 per cent today as UK Covid-19 cases continued to decline, in what was a strong start to the week for global markets. Buoyed by a raft of heavyweights, London’s premier index closed at 7,081.72, with the 7,100 barrier firmly in its sights. It was an even better day for the [...]
RMT union postpones this week’s London Tube strikes August 2, 2021 Two separate Tube strikes planned for this week have been postponed, after the drivers’ union decided to hold more talks with Transport for London (TfL). London was set for travel chaos tomorrow, with a 24-hour drivers’ strike scheduled to begin at midday that was expected to affect the entire network. TfL wants to scrap the [...]
Westminster election results three times more ‘disproportionate’ than for London Assembly, says study August 2, 2021 Results for Westminster elections are three times more “disproportionate” than results for the London Assembly election results, according to a new study from a pro-electoral reform group. The Electoral Reform Society claims that across the past seven UK elections that the largest party has won 66 per cent of London seats on the basis of [...]
Fancy a Covid jab? Here are all the free walk-in vaccine sites open in London this week August 2, 2021 While every adult can now book their coronavirus vaccine online, there are still sites that accept walk-ins for those eligible. Some sites and times are only for those aged 40 or over, so be sure to check your eligibility. Find your closest site! The full list across London and their eligibility: Based in the South [...]
Boris Johnson tells Iran to ‘face up to consequences’ of its drone attack August 2, 2021 Boris Johnson has called for Iran to “face up to the consequences” of its drone attack on an oil tanker that killed two people. It comes after Iran’s ambassador to the UK was today summoned to the Foreign Office in the wake of the attack, which saw a British national killed. The UK has said [...]
Michael Spencer-backed fund raises $130m for B2B fintech push August 2, 2021 Fintech-focused venture capital firm Element Ventures has announced a $130m (£93.5m) fund to invest in b2b financial enterprise technology businesses. Michael Spencer, City grandee and founder of interdealer broker Icap, was the fund’s cornerstone investor. It comes after Spencer contributed at least £25m to the fund upon launching last year, via his investment vehicle IPGL. [...]
‘Green’ status should be default for most of world, say BA and Easyjet bosses August 2, 2021 The UK’s airline industry has called for more countries to be added to the “green list” for travel this week, and it should be the “default” for most places. Transport secretary Grant Shapps is due to update the current traffic light system for international travel later this week. In a letter to Shapps signed by [...]
Chapel Down boss to step down after 20 years at helm August 2, 2021 England’s biggest winemaker Chapel Down is preparing for a leadership shift as it announced today chief executive Frazer Thompson will retire next month. Andrew Carter, currently managing director at Chase Distillery, a vodka and gin producer set up by the owner of Tyrrells crisps, will succeed Thompson on 13 September. The designated CEO said he [...]
