Boris Johnson claims no rules broken in flat refurb as Electoral Commission launches probe April 28, 2021 Boris Johnson has claimed no rules were broken during the refurbishment of his Downing Street flat just hours after the Electoral Commission launched an investigation into who initially paid for the works. The Electoral Commission said today there were “reasonable grounds” to “suspect that an offence or offences may have occurred” and the investigation is [...]
COP26: Public backs Government climate drive but some fear the cost April 28, 2021 The British public back moves to ‘go green’ but a third fear efforts will hit them in the pocket, new polling reveals today. More than half of both the public and MPs, who were also polled, believe climate change should be top of the Government’s agenda – regardless of the Covid-19 pandemic. But knowledge of [...]
City Moves: Who’s switching jobs in the Square Mile this week? April 28, 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. Cazoo bolsters board after $7bn NYSE listing After its $7bn New York Stock Exchange listing through its AJAX merger, UK online car retailer Cazoo has confirmed that a new non-executive director [...]
KPMG staff fired after rowdy ‘boys’ night out’ featuring binge drinking and strippers April 28, 2021 Staff from KPMG’s private equity division in Melbourne were fired after a wild ‘boys’ night out’ that featured heavy binge drinking and strippers. A 2015 video invitation to ‘boys’ night’, sent to 80 male employees at KPMG’s Melbourne office, with women excluded, has just recently come to light. According to the Mail Online, the video [...]
Wine’s not just for tasting: Meet the wine photographer of the year April 28, 2021 Wine is not just about the nose, the finish and mouth feel. It’s about inspiration, lighting, styling, composition and framing, and being in the right place at the right time. Spain’s Oscar Olivares, an award-winning vinographer, has just become the 2021 Errazuriz Wine Photographer of the Year, receiving a prize of £1,000 and the prestigious [...]
WPP returns to revenue growth as UK ad market bounces back April 28, 2021 WPP today reported a surprise return to revenue growth in the first quarter as clients began to increase their marketing spend after a frugal pandemic year. The London-listed ad giant posted a 3.1 per cent rise in revenue less pass-through costs — its key metric — to £2.3bn for the first three months of the [...]
Ethereum hits new all-time high but recovery stalls April 28, 2021 As Ethereum hits a new all-time high, the crypto markets have slowed somewhat over the last 24 hours.
Equiniti receives sweetened £661m takeover bid from US private equity firm April 28, 2021 Equiniti Group has received a revised offer from US private equity investor Siris Capital, to buy the outsourcer for around £661m in cash. Siris revised its bid to 180 pence per share following discussions, London-listed Equiniti said. In early April, Siris submitted a non-binding proposal for 170 pence per share, which Equiniti said it would evaluate “carefully [...]
James Dyson denies he tried to ‘extract favours’ from Boris Johnson April 28, 2021 Sir James Dyson has denied he was trying to “extract favours” from Boris Johnson when he texted him over his company’s involvement in building ventilators for the UK’s Covid effort. The UK’s richest man also hit out at the BBC for its coverage of the affair, accusing the broadcaster of “grotesque mischaracterisation” after it incorrectly [...]
Hines to refurbish West End building into mixed-use retail and office space April 28, 2021 Real estate firm Hines has secured planning consent for its proposed mixed-use retail and office scheme in the heart of London’s West End. The building, located with dual frontage to both New Bond Street and Oxford Street, was acquired on behalf of Hines in February 2020. The planning consent will enable the company to proceed [...]
