BT and Vodafone shares rise on cut-price 5G spectrum auction March 17, 2021 Shares in BT and Vodafone pushed higher today after the mobile networks secured bargain deals in the latest auction of 5G airwaves. Regulator Ofcom this morning said that it had raised £1.4bn from the sale of additional capacity to support 5G mobile coverage. The figure was well below analyst forecasts, leaving the telcos with more [...]
More than half of PE and VC firms have all-white investment teams March 17, 2021 Private equity and VC firms are making great strides with gender diversity but the industry is still significantly lagging on ethnic minority representation, according to new research. Analysis by the British Venture Capital and Private Equity Association (BVCA) and Level 20 reveals all male investment teams have declined from 28 per cent in 2018 to [...]
EP: 46 Cheltenham Festival Day 3 – Thursday March 17, 2021 Day 3 of the Festival sees the stayers in action with Paisley Park looking to regain his crown from 2019 for trainer Emma Lavelle. There is also the Grade 1 Ryanair Chase and a couple of very tasty handicaps to look forward to. Our guests today include top trainers Fergal O’Brien, Harry Whittington and David [...]
Waterloo and City line to reopen as early as May, London Underground chief says March 17, 2021 London Underground chief says Waterloo and City line to reopen as early as May
DEBATE: Should employees be given extra mental health sick days? March 17, 2021 David Collington, Head of Benefits Consultancy at Barnett Waddingham, says NO Mental health has rightly shot to the top of risk registers across the country, and is a core threat to the functioning of our businesses, economy and society if left unattended. But our focus should not be on extra “mental health sick days”. It’s [...]
George Osborne hits out at Tory ‘hotheads’ who want UK-China ‘Cold War’ March 17, 2021 George Osborne has praised Boris Johnson for “seeing off the hotheads” in the Tory party who are calling for a more aggressive UK stance toward China. Osborne said he saw “a lot of continuity” between Johnson’s China policy, announced in yesterday’s integrated defence and foreign policy review, and his and David Cameron’s, which built stronger [...]
Best of travel: Why Toronto beats New York for a city break March 17, 2021 To tide us over until we’re able to travel again, we’re republishing classic travel stories from our archives. Today we revisit Siobhan Grogan’s trip to the premier North American city break destination: Toronto. ••• As the cab from the airport inched forward in nose to tail traffic towards the distinctive skyline in the distance, I [...]
Insolvencies fell to two-year low in February March 17, 2021 The number of company insolvencies last month stood at 686, the lowest monthly number recorded since January 2019. Figures released by the government’s Insolvency Service found the number of company insolvencies in February 2021 was 49 per cent lower than the same month in the previous year. February 2020 marked the month before the UK [...]
EU to impose sanctions on Chinese officials over human rights abuses March 17, 2021 The European Union agreed today to sanction Chinese officials for human rights abuses, two diplomats have said, the first penalties against Beijing in over three decades. EU envoys authorised travel bans and asset freezes on four Chinese figures and one entity, whose name has not been made public. The Chinese officials were accused of human [...]
City Moves: Who is switching jobs in the Square Mile this week? March 17, 2021 Snakes and Ladders provides a roundup of the most important hires and job moves across the City, every Wednesday afternoon. Email citymoves@cityam.com to be featured. IoD appoints new chair The Institute of Directors (IoD) has appointed a new chair after a thorough search process, who will step into the role next Monday. Patrick Macdonald is set to take [...]
