City Moves: Who’s switching jobs in the Square Mile this week? September 15, 2021 City A.M.’s Millie Turner provides a roundup of the most important hires and job moves across the City, every Wednesday afternoon. Email citymoves@cityam.com to be featured. Falcon posts City veteran Joe Nally to board Falcon Oil & Gas has posted Cenkos co-founder Joe Nally as a new non-executive chairman to the board of the company with immediate effect. Nally, a City veteran, [...]
Analysis: How did inflation rise at its fastest pace on record? September 15, 2021 Inflation in the UK is soaring at its fastest pace since records began. On an annual basis, prices jumped 3.2 per cent last month, up from two per cent in July, the highest monthly percentage point increase recorded, primarily driven by sharp rises in the cost of eating out compared to the same period in [...]
Three fabulous jobs that are open at the moment September 15, 2021 If you’re on the hunt for a new job, we have some very good news. There are so many brilliant open positions on our job board at the moment – so go ahead and start your search. As a taster, here’s an idea of what to expect… Recruiting Coordinator, Everbridge Everbridge is seeking a Talent [...]
Solana outage fixed as wider cryptocurrency market recovers September 15, 2021 Bitcoin continues its recovery after last week’s crash, currently sitting at more than $47,000 for the first time in five days.
Hikes to national insurance funds a level of public services we can’t afford September 15, 2021 The government’s plan to increase National Insurance has sparked the predictable furore. The pressures to raise taxes to pay for the level of public services the electorate have come to expect is hardly new. The welfare state was created immediately after the Second World War. For a time, the financial demands were held in check. [...]
Solana back online after day long network outage – CityAM : CityAM September 15, 2021 The Solana network is back online after experiencing a major outage for more than 17 hours, causing the price of its native token SOL to crash. The Solana network is a rival to Ethereum and hosts a variety of apps on a decentralized blockchain which it claims is the fastest in the world. SOL’s price [...]
Tower Hamlets council approves plan to build shopping mall on Brick Lane September 15, 2021 Controversial plans to build a shopping mall on the site of the historic Truman Brewery on Brick Lane have been given a green light. At a meeting of the Tower Hamlet Development Committee yesterday councillors voted 2-1 in favour of a proposal to redevelop the Brewery as a five story office building and retail space. [...]
London house prices increase 2.2 per cent September 15, 2021 London has marked the lowest annual house prices growth across the UK while UK average prices returned to levels seen earlier this year. Figures from the Office for National Statistics show that average prices in the capital increased by 2.2 per cent over the year to July 2021, down from 5.1 per cent in June. [...]
Sajid Javid defends the march back to the office despite SAGE warnings September 15, 2021 Health secretary Sajid Javid has defended the march back to the office after government scientific advisors warned it could trigger a spike in infections. Ditching work from home advice could push daily hospital admissions to rise to 7,000 by next month, experts advising the government’s Scientific Advisory Group for Emergencies (SAGE) warned yesterday. However, the [...]
City watchdog launches blueprint to protect consumers from scams and risky investments September 15, 2021 The City watchdog has launched a brand new strategy today designed to cut the amount of money consumers lose each year from risky investments and scams. The Financial Conduct Authority (FCA) has set new targets to measure its effectiveness at protecting consumers from harm resulting from investing, aiming to cut the number of people investing [...]