Junior bankers at HSBC set for pay rise in bid to tackle burnout April 30, 2021 HSBC will raise hire more junior bankers to share the workload and hike current employees’ pay in a bid to tackle burnout after a gruelling year. The bank will also shorten a four year associate programme for certain groups in Hong Kong, London and the US, according to an internal memo seen by Bloomberg. Associates [...]
Highest paying companies in the UK revealed April 30, 2021 Banking, consulting and technology firms dominated the list of the UK’s highest paying companies, according to the latest data from Glassdoor. City of London-based Man Group has topped the rankings as the best paying financial firm in the UK, with median base salary of £85,312. Total compensation – meaning salary and bonus – at active [...]
Nestle buys health brands from US nutrition firm The Bountiful Company for $5.75bn April 30, 2021 Food and drink giant Nestle has bought a chunk of health brands from US nutrition and supplement firm The Bountiful Company for $5.75bn. The conglomerate announced this morning that it has entered into an agreement with KKR to buy brands including Natures Bounty, Solgar, Osteo Bi-Flex and Puritan’s Pride, as well as the company’s US [...]
Barclays profit more than doubles to £2.4bn, as it shifts call centres to UK from India April 30, 2021 Barclays’ profit more than doubled in the first quarter despite not releasing cash set aside to cover bad loans from the pandemic like its British rivals. The bank posted a pre-tax profit of £2.4bn for the first three months of the year, up from £923m in the same period a year earlier and beating an [...]
EP: 55 Newmarket Guineas Weekend April 30, 2021 It’s the 2,000 Guineas at Newmarket on Saturday where the 3 year old colts will be trying to win their first classic of the season. A day later, the fillies run in the 1,000 Guineas and trainer Andrew Balding joins us to talk about his exciting filly Alcohol Free who runs over a mile for [...]
Clifford Chance to work minimum of 50 per cent in the office post-pandemic April 30, 2021 Clifford Chance will expect staff to be in the office for at least 50 per cent of the week post-pandemic, as the law firm moves to a more flexible way of working. The new approach means staff at the Magic Circle law firm could work remotely for up to 50 per cent of the time. [...]
Business rates appeals soar as property experts slam government’s ban on Covid-19 review requests April 30, 2021 Business rates appeals have soared since the beginning of the pandemic, with experts branding the government’s decision to block reconsiderations based on Covid-19 as a “material change of circumstance” as a “disgrace”. The latest figures showed that, between 1 April last year and the end of March 2021, 409,430 checks had been lodged by firms, [...]
BNB notches $600 and market ‘prices in’ Cardano’s Africa announcements as Bitcoin sits back April 30, 2021 Bitcoin looks to be sitting this one out as the market reacts to Cardano's huge announcement, while BNB ploughs through $600.
London ranked most optimistic UK city for career prospects April 30, 2021 Londoners have been crowned the most optimistic about their career prospects, according to research by LinkedIn, as the City emerges from a third national lockdown. LinkedIn’s latest research has found that 68 per cent of people in the capital are feeling optimistic about their job chances. Across the rest of the country, 61 per cent [...]
Care home landlord Impact Healthcare REIT taps shareholders for £35m April 30, 2021 Care home landlord Impact Healthcare Real Estate Investment Trust (REIT) has raised £35m through a share placing to pay down debt and fund new investments. The firm said this morning that 31,690,327 ordinary shares will be issued at a price of 111.5p per share, with the proceeds used to repay its revolving credit facility. The [...]
