Standard Life Aberdeen to change name to Abrdn April 26, 2021 Fund manager Standard Life Aberdeen has today announced that it will change its name to Abrdn in an effort to shore up its brand identity. The rebranding process will begin in the summer with the aim of creating a “digitally-enabled brand” that will be used for all the company’s client-facing businesses globally. The Abrdn brand, [...]
Ministers to run £1bn auction for phone lines along UK railways April 26, 2021 The government will run an auction of phone lines running alongside Britain’s railway lines in a move that could raise up to £1bn. Thousands of miles of phone lines will be sold off in a bid to improve train services and boost broadband speeds. Bidders will both be responsible for upgrading the cables and building [...]
The EU will sign a post-Brexit deal on financial services, PwC boss predicts, because it ‘needs London’ April 26, 2021 The EU will grant the City of London access to its capital markets and agree a post-Brexit deal on financial services because it “needs London”, PwC has predicted. The financial services sector was left out of the post-Brexit trade deal agreed between the two sides last year, but the Big Four firm is predicting the [...]
Peter Harrison: The City must back Sunak’s vision for the stock market April 26, 2021 The relationship between the stock market and the economy is fundamental to any nation’s wealth. Without the effective channelling of capital to the best businesses, all suffer. For decades, London has been a world-leading financial hub, but now its future is less certain. First, consider an example of its success. Exactly 20 years ago, a [...]
Pearson sales jump as demand for online learning soars April 26, 2021 Global education firm Pearson said strong demand for online learning courses helped the group post a five per cent rise in underlying revenue growth in the first three months of the year. Shares in the education group rose more than 2.5 per cent on the update to 822p this morning Delivering a quarterly trading update, [...]
City AM and Jobbio have teamed up to help people get their dream jobs April 26, 2021 As a direct result of COVID-19, millions of people lost their jobs all over the UK, companies introduced hiring freezes and furlough schemes took on a major role in pretty much every job market. It’s been a difficult time, but there’s light at the end of the tunnel. Over the last couple of weeks, we’ve [...]
United Oil and Gas hails ‘landmark year’ despite Covid crisis April 26, 2021 United Oil and Gas this morning hailed a “landmark year” for the AIM-listed firm despite the carnage caused by the coronavirus pandemic. The company, one of the few smaller oil and gas firms to operate both exploratory and production assets, posted its first ever profit in 2020. United also said that it had seen its [...]
The Square Mile’s recovery will create an innovative, inclusive and sustainable business eco-system April 26, 2021 Walking around the City’s streets has been a joyous experience since many businesses started to reopen their doors and welcome back customers. It has been fantastic to see the vibrancy and the buzz, which the Square Mile is so well known for, gradually returning, taking us that bit closer to the more normal times that [...]
Dominic Cummings to blame Boris Johnson for delaying winter lockdowns April 26, 2021 Dominic Cummings is reportedly set to blame Boris Johnson for delaying the imposition of new lockdowns in the autumn and winter, leading to a massive surge in deaths. The PM’s former chief adviser reportedly has an explosive dossier on the government’s Covid response that will name Johnson as the figure responsible for the UK’s high [...]
Yougov acquires open banking start-up Lean App April 26, 2021 Data analytics firm Yougov has acquired open banking start-up Lean App to help improve its services with financial transaction data. Lean App has been acquired by Yougov on a three year earn-out, tied to enriching and expanding the research company’s data in the UK and the US. Lean App’s founders – Luke Dugdale, Tom Stuart, [...]
