The City View: The future of the office, with Dr Peggie Rothe March 21, 2021 City A.M.’s Andy Silvester sits down with Dr. Peggie Rothe, Leesman’s Head of Research and Insights, for a bumper edition on the future of the office. Andy and Peggie discuss what leaders and companies will need to do to persuade staff back to the office, and to use this year of disruption to change what [...]
Union boss Len McCluskey and Keir Starmer have not spoken in past year March 21, 2021 Powerful union boss Len McCluskey has today said he has not spoken to Sir Keir Starmer since he became party leader last April and that “that personal relationship broke down”. McCluskey, who is general secretary of Unite, called for Starmer to be more conciliatory toward the hard left of the party. The Labour leader has [...]
City workers prepare to head back to offices in just eight days time March 21, 2021 Workers are getting ready to head back to the City of London in just over a weeks’ time as the government’s “stay at home” order is relaxed. Investment banks are leading the return to work, with staff set to return to the Square Mile for the first time in months. Goldman Sachs, JP Morgan and [...]
Boris Johnson may face defeat as MPs try to stop trade deals with genocidal regimes March 21, 2021 More Tory MPs have come out to support an amendment to a trade bill that would make it harder for the government to sign trade deals with countries that have committed genocide. Former foreign secretary Jeremy Hunt has now backed the amendment, which would force ministers to justify any trade deal that is signed with [...]
Grant Thornton caught up in conflict of interest accusations over Greensill Capital appointment March 21, 2021 Grant Thornton is facing accusations of a conflict of interest connected to its role as administrator of Greensill Capital, after it emerged the auditor had previously advised the firm’s biggest debtor Sanjeev Gupta on a string of deals. Grant Thornton was appointed as Greensill’s administrator on Monday after the finance firm collapsed when Credit Suisse [...]
Tory MPs to rebel over plans to extend Covid powers until September March 21, 2021 The government has come under fire from Tory MPs for unveiling plans to extend emergency Covid enforcement powers in England for another six months. Legislation will be brought to the House of Commons by Boris Johnson on Thursday to extend police powers to ban protests, shut down ports and detain citizens for not following Covid [...]
Bitcoin takes a dip as Ripple creates waves March 21, 2021 Bitcoin’s express train to $60,000 came off the rails today as the week’s repeated stab at an all-time-high ran out of steam.
London Capital & Finance savers left in the dark about compensation after losing millions March 21, 2021 Savers who lost millions of pounds when mini-bond investment firm London Capital & Finance (LCF) fell into administration in 2019 are facing a longer wait for compensation after the City minister refused to confirm when the aid scheme will launch. LCF collapsed in January 2019, impacting over 11,000 people who invested around £237m in the [...]
The greatest space mission will be tackling climate change and protecting our planet March 21, 2021 Efforts around the world are focused on making businesses more sustainable, with ever greater emphasis on innovative technology to help solve the climate crisis we face. There was a dearth of climate-related announcements in Rishi Sunak’s Budget speech earlier this month. Sunak did, however, reiterate the Government’s plan to establish the UK as a “science [...]
UK warns EU that ‘world is watching’ as Brussels continues to threaten to ban vaccine exports March 21, 2021 The UK has today warned Brussels that banning vaccine exports would be “very damaging” for the EU’s reputation, with defence secretary Ben Wallace telling the bloc that the “world is watching”. Wallace said today that the EU’s threats to block Pfizer vaccine shipments to Britain, which was inflamed political tensions, could “undermine” vaccine supplies across [...]
