Why boosting physical activity is key to speeding up London’s pandemic recovery, by Prof Kevin Fenton of Public Health England September 20, 2021 In this guest column, Professor Kevin Fenton, London regional director at Public Health England, calls on businesses to prioritise employee health ahead of London Sport’s Active London conference this week. As we emerge from Covid-19 and set out to repair its impact globally, the success of London’s post-pandemic recovery will ultimately depend on the physical [...]
Morrisons moves into pub sector supply with marketplace partnership September 20, 2021 Supermarket Morrisons has made a move into the hospitality arena after teaming up with StarStock, an online marketplace for the on-trade. StarStock, which allows brands to sell direct to operators through its e-commerce platform, has partnered with the supermarket to allow it to supply pubs and restaurants. Restaurant operators will be able to have “direct, [...]
Post Office asks banks for extra £200m so customers can access cash September 20, 2021 The Post Office has asked banks for an additional £200m, as part of a new three-year deal, so customers can continue to access cash from Post Office counters, according to reports. The deal, set to begin in 2023, has seen the Post Office demand £800m from 30 high street banks to pay for the use [...]
City minister pledges ‘competitive tax rates’ for UK financial services sector ahead of Budget September 20, 2021 John Glen has promised that the UK’s financial services sector will benefit from “competitive tax rates,” ahead of the next Budget on 27 October, according to reports. “To be competitive, we have to have competitive tax rates and that’s what’s on the chancellor’s mind at the moment,” the City minister told the Financial Times, which first reported the [...]
Only nine days to go until the Crypto AM Summit and Awards September 20, 2021 A STELLAR cast has been assembled ready for the annual Crypto AM Summit and Awards in London at the end of this month.
Video games company Keywords Studio appoints new CEO September 20, 2021 The video games company has named Bertrand Bodson as its new chief executive officer, after Andrew Day forwarded his retirement plans. Bodson, who will be appointed as CEO in December, is currently the chief digital officer at healthcare provider Novartis. Prior to joining Novartis in 2018, Bodson acted as the chief marketing officer at Sainsbury’s [...]
Recognise Bank given green light to become UK’s newest bank September 20, 2021 Recognise Bank is to become the country’s newest bank after being granted a banking license. Deposit restrictions on the digitally led bank have been lifted by the Prudential Regulation Authority, according to Recognise parent company City of London group (COLG) The bank will launch its personal and business savings products and start taking deposits with [...]
Energy supplier SSE: No decision to break up group September 20, 2021 Bosses of energy company SSE said there had been no decision to break the company up, they said following media speculation. In a note published on Monday, the supplier said there had not been a decision to break up the group. SSE said it would provide an update on plans to further accelerate growth in [...]
Payment giant Eurowag moves ahead with £170m London IPO September 20, 2021 Eurowag, a pan-European payments & mobility platform, has announced that it will float on the London Stock Exchange (LSE). The company, which focuses on the commercial road transportation sector, hopes to raise €200m (£171m) from the move, to fund its expansion plans. The payments platform company will, it said, target “certain institutional investors”. Eurowag also [...]
Energy firms plead for ‘bad bank’ as whole prices climb 70 per cent since last month September 20, 2021 The UK’s energy suppliers have urged for the creation of a so-called “bad bank” to absorb unprofitable customers from failing companies. Firms have requested billions of pounds in emergency funding to weather a crisis caused by record wholesale energy costs. Business secretary, Kwasi Kwarteng, held crisis talks with regulator Ofgem on Sunday and will meet [...]