Pound sterling in touching distance of $1.40 as currencies enter ‘post-Covid world’ February 18, 2021 Pound sterling in touching distance of $1.40 as currencies enter 'post-Covid world'
Posh puffer maker Moncler gets a Lunar boost to offset 2020 sales slump February 18, 2021 Posh puffer maker Moncler gets a Lunar boost to offset 2020 sales slump
PureGym CEO: We should be allowed to reopen ahead of high street shops February 18, 2021 PureGym CEO: We should be allowed to reopen ahead of high street shops
New City lobby: Big bank influence is holding UK financial services back post-Brexit February 18, 2021 A new pro-Brexit City of London lobby group has taken aim at competitor The CityUK, saying that the established body is “dominated by multinational banks” that do not care about the UK’s prosperity. The CityUnited project was formed earlier this week by a group of Eurosceptic City figures and politicians, with the group aiming to [...]
Labour thinks its ‘market competitive’ bonds proposal will ‘tap into Captain Tom spirit’ February 18, 2021 Sir Keir Starmer’s proposal for a new UK recovery bond would be sold at “market competitive rates” and would aim to “tap into” the spirit shown by the public when supporting Captain Tom Moore last year. Starmer unveiled two new policies today, announcing that a Labour government would give 100,000 loans to start-up businesses and [...]
How sports teams are using blockchain to recoup 2020’s losses February 18, 2021 Sports teams the world over are now looking at blockchain to help replace lost revenues.
City of London Corporation puts culture at the heart of recovery February 18, 2021 · Major renewal of the Barbican Centre announced · London Symphony Orchestra funding renewed · City of London Corporation confirms commitment to developing Culture Mile · Centre for Music will not be progressed The City of London Corporation has reinforced its commitment to embedding culture at the centre of the Square Mile’s post-Covid recovery with a series of commitments [...]
Investors stub out Imperial CEO’s bonus February 18, 2021 Imperial Brands today said that it would cut its new boss’ bonus by 10 per cent a year after a shareholder revolt. Earlier this month around 40 per cent of shareholders voted against Stefan Bomhard’s pay at an annual general meeting. Now the company has said that Bomhard has agreed with the tobacco giant’s remuneration [...]
Exclusive: Cashplus hires new chairman after securing banking licence February 18, 2021 Digital challenger bank Cashplus has hired banking veteran Mark Sismey-Durrant as its new chairman just weeks after securing a new banking licence. Earlier this month the Prudential Regulation Authority granted Cashplus a full UK banking licence 16 years after it was founded. Sismey-Durrant, previously chief executive of Sun Bank, Heritable Bank and most recently Hampshire [...]
Liberty Steel bid for Thyssenkrupp steel unit off February 18, 2021 Liberty Steel’s efforts to buy the steel division of Thyssenkrupp came to an end today as the German industrial giant called off the talks. It said that the differing views over the value of the wing had led to the break off of negotiations. However, a spokesperson for Liberty Steel said that it was “keeping [...]