Marks & Spencer chair: More young faces are needed on company boards May 1, 2021 Archie Norman, chairman of Marks & Spencer, has said company boards are “made up of old people”, and as a result are not able to keep pace with disruptive, smarter and faster technological advances. Norman, who is also chairman of Signal AI, an artificial intelligence-powered public relations platform, and special advisor to Lazard Bank, said [...]
Warren Buffett’s Berkshire bounds back from worst of pandemic May 1, 2021 Warren Buffett’s Berkshire Hathaway has said its results are rebounding from the worst effects of the Covid-19 pandemic, and that it has extended its aggressive stock repurchases with $6.6bn of new buybacks. First-quarter results suggest that the Omaha, Nebraska-based conglomerate that owns dozens of businesses, is through the worst effects of the pandemic, including the [...]
Thousands hit the dance floor in Liverpool to party like it’s 2019 May 1, 2021 Thousands of clubbers returned to the dance floor last night for a Covid safety pilot event in Liverpool that saw partygoers head to a nightclub mask-free and with no social distancing. Some 3,000 individuals turned out for the event, which took place at Circus nightclub in Liverpool, and required ticket holders to provide proof of [...]
New Credit Suisse chair Horta-Osório says bank’s crisis is worst he’s seen May 1, 2021 New Credit Suisse chair António Horta-Osório has told investors the recent crisis at the bank is the worst he has seen in his career. Speaking at an annual meeting yesterday the former Lloyds boss told investors the situation at Credit Suisse was severe. “I have personally worked at and led several banks in different countries [...]
Post-pandemic, our education system needs a serious re-think May 1, 2021 The pandemic has thrown schools into a state of flux for over a year. Instead of rushing to return to a normal that was failing thousands of children, we should ask the most fundamental questions about what we want from our schools, and what a school actually should look like. We can begin to solve [...]
Isolation rules axed for care home residents in England taking low-risk trips May 1, 2021 Care home residents will be able to leave their home for low-risk trips without having to isolate for 14 days afterwards. The rules will be relaxed in England from Tuesday, and will mean those in care homes can go for walks or garden visits without self-isolation. Coronavirus cases have fallen dramatically in the UK in [...]
Overseas holidays to get the go ahead from 17 May with rules attached May 1, 2021 The ban on overseas holidays will end on 17 May, the government will announce next week, in a move that will legalise foreign travel for the first time in months. A traffic light system will be introduced, and those who choose to travel will be expected to take a PCR test before returning to the [...]
European Super League fallout: Tottenham fans’ group calls for radical shake-up of football club ownership May 1, 2021 Club executives involved in the failed European Super League were forced to resign from advisory roles at the Premier League this week. The move was a consequence of England’s so-called ‘Big Six’ – Arsenal, Chelsea, Liverpool, Manchester City, Manchester United and Tottenham Hotspur – agreeing to join a new breakaway competition which collapsed under the [...]
COP26: What are the UK’s goals for the landmark summit? May 1, 2021 It’s six months until the UN’s flagship climate conference, COP26, kicks off in Glasgow. As the host of this year’s conference, the UK has a unique job: to corral the world’s biggest economies into updating their nationally determined contributions (NDCs) – formal targets to reduce emissions – in line with the demands of the 2015 [...]
Saturday Sitdown: Uber UK boss Jamie Heywood on the recovery, workers’ rights and electric vehicles May 1, 2021 Jamie Heywood, Uber’s top man in the UK, Northern and Eastern Europe, has a spring in his step – at least, as much as you can see that on Zoom. Since the reopening of London’s bars and restaurants, with tables next to heaters prized like rare artefacts, Uber has seen rides spike upwards as Londoners [...]