‘Bond market tantrum risks’: Gilt traders brace for Labour leftward pivot as Starmer future uncertain
WeWork: Vaccine rollout must herald a phased return to offices before June March 5, 2021 Following the news the highly effective coronavirus vaccines would begin to be rolled out in Britain, the stock market surged on a wave of optimism and the hope a return to normal, and by extension, the workplace, was within our grasp. Alongside the roadmap out of lockdown, we can now see a light at the [...]
Tiktok leases new London HQ above Farringdon’s Crossrail station March 5, 2021 Tiktok has leased a new London office building above Farrington East Crossrail station, developer Helical announced today. The tech firm has taken on the entire six-storey Kaleidoscope development, which includes 88,500 sq ft of office space. The lease is for a 15 year term with a 10 year break clause, and includes a market rent [...]
Credit Suisse to wind down Greensill-linked funds as GFG ‘ceases repayments’ March 5, 2021 Banker Credit Suisse today said that it would wind down supply-chain finance funds worth around $10bn linked to embattled Greensill Capital. In a statement this morning the Swiss lender said it would start repaying investors around 80 per cent of the $3.7bn it has available. The decision came as Sanjeev Gupta’s GFG Alliance decided to [...]
France could block vaccine shipments over shortages, health minister says March 5, 2021 France has suggested the country could block exports of Covid-19 vaccines, the French health minister said this morning, echoing Italy’s move which stopped 250,000 vaccines from reaching Australia yesterday. Health minister Olivier Veran said France “could” follow Italy’s steps when ask by French broadcaster BFM TV. The minister added that France received 800,000 doses of [...]
British Chambers of Commerce appoints Cabinet Office civil servant as new director general March 5, 2021 The British Chambers of Commerce has appointed Cabinet Office senior civil servant Shevaun Haviland as its new director general. Haviland will take over from Dr Adam Marshall, who is set to step down at the end of March after five years in the role. She will join the BCC from the Cabinet Office, where she [...]
Exclusive: Deloitte diversity chief dumped from role after bullying accusations March 5, 2021 Exclusive: Deloitte diversity chief dumped from role after bullying accusations
EP:42 Newbury, Kelso, Doncaster & Hong Kong March 5, 2021 It has been a very difficult week for racing with the emergence of horrendous footage of a trainer and jockey in Ireland showing an enormous lack of respect for horses in their care City AM racing editor Bill Esdaile discusses the implications of these images as well as the public’s response as racing looks to [...]
Ex-government minister Justine Greening joins On the Beach board March 5, 2021 Former government minister Justine Greening has joined the board of online travel agent On the Beach. Greening, who was the Conservative MP for Putney, Roehampton and Southfields between 2005 and 2019, has been appointed as a non-executive director with immediate effect. On the Beach said her experience in Westminster will help it navigate the “major” [...]
Bitcoin recovery stalls as global stock markets take a battering March 5, 2021 Bitcoin recovery stalls as global stocks and bonds markets take a battering.
British Gas engineers ignite fresh wave of protests after rejecting revised contract March 5, 2021 British Gas engineers have relaunched strike action today after rejecting a revised offer that aimed to resolve the continuing fire-and-rehire dispute. The GMB union said its members had voted by almost four to one against the offer which failed to take fire-and-rehire tactics off the table. After two rounds of talks, workers have now walked [...]
