With no office, our future leaders are being held back January 27, 2021 In spite of the challenges facing central cities around the world at the moment, they are and will remain places with huge concentrations of the jobs which provide the greatest opportunities to learn and to move up the job hierarchy. For young people, Central London offers an unparalleled combination. A range of independent employers with [...]
Tired of the same four walls? Consider this Portuguese property January 27, 2021 We’re all dreaming of sunny getaways right now – holidays in Provence, weekends in Vienna, day trips to Margate. If the thought of being trapped in the grim darkness of another British winter is just too much to bear, then perhaps now would be a good time to consider buying a property abroad. The newly completed [...]
Trevor Steven: Lampard’s Chelsea had become a runaway train but Tuchel is the perfect man to steer them back to the top January 27, 2021 Chelsea need a manager who can pick up the reins quickly and in Thomas Tuchel I think they’ve got the perfect man. Experience at a big club? Check. Knows how to handle superstars? Check. Able to get a team performing at close to their maximum? Again, check. And that’s all in his last job at [...]
Regulators remind auditors to pay attention to Covid measures on corporate reporting January 27, 2021 The FCA and the FRC have issued a joint statement to remind auditors of the coronavirus-led rule changes around corporate reporting for listed companies. Now is the busiest time for auditors, when, under normal circumstances, many listed companies would publish their end of year results. But 2021 is proving especially challenging for auditors, with England’s [...]
Why we built a better Tether January 27, 2021 This week I had a long meeting with the FCA reviewing our fully regulated Peer to Peer savings and loan platform JustUs. The FCA has the unenviable task of trying to stress test the health of the financial services industry in the middle of a health and economic crisis via their quarterly “Covid19 Financial Impact [...]
FTSE 100 dips as sterling rallies and investors await big tech earnings January 27, 2021 The FTSE 100 fell on Wednesday as sterling rallied amid US stimulus speculation and investors eyed a busy day of tech earnings on Wall Street. London’s blue-chip index is down 2.2 per cent to 6,539 points while the more domestically-focused FTSE 250 was trading flat. Boris Johnson confirmed the third lockdown would continue until 8 [...]
Vaping wholesaler Supreme targets £156m market cap with AIM listing January 27, 2021 Vaping wholesaler Supreme this morning announced plans to float on London’s stock market, targeting a £156.1m market capitalisation. The Manchester-based e-cigarette firm will launch its initial public offering on London Stock Exchange’s growth market AIM next week. Its market capitalisation is expected to reach £156.1m following the IPO. This morning the company said it had [...]
Debate: Will digital retailers continue to hoover up high street chains? January 27, 2021 Boohoo’s purchase of the Debenhams brand, and Asos’ pursuit of Topshop, suggests that the online revolution has very much succeeded. But is it that simple? Vicky Bullen, CEO, Coley Porter Bell says YES You don’t have to be Mike Ashley to spot the enormous opportunity in online retail since the coronavirus pandemic hit. Never before [...]
JP Morgan to launch UK digital bank within months January 27, 2021 JP Morgan will launch a digital consumer bank in the UK within months, the Wall Street giant confirmed today. The new challenger bank will operate under the Chase brand and offer a range of products, including current accounts. JP Morgan said its new business, which is based in Canary Wharf, had already hired 400 people [...]
White prevalence in senior roles drives ethnicity and gender gap at PwC January 27, 2021 PwC has for the first time published its Black, Asian and Mixed Ethnic background pay gaps, with the gap being driven by under representation of ethnic minorities in senior roles. PwC’s overall median ethnicity pay gap, including partners, decreased from 6.3 per cent in 2019 to 3.5 per cent in 2020. The firm’s median gender [...]
