‘Bond market tantrum risks’: Gilt traders brace for Labour leftward pivot as Starmer future uncertain
Deloitte diversity chief ‘facing internal investigation over bullying claims’ March 5, 2021 Deloitte’s deputy chief executive and diversity champion Dimple Agarwal is facing an internal probe over allegations of bullying. Agarwal, head of “people and purpose” at the Big Four auditor, is facing complaints from staff over inappropriate working practices such as communicating aggressively and making employees attend extremely early meetings, the Telegraph first reported. Having joined [...]
House prices edge down last month as market slows March 5, 2021 House prices inched down in February as activity slowed but remain more than five per cent up year-on-year, new data released today showed. According to Halifax’s House Price Index, prices dropped 0.1 per cent last month compared to in January, with the average price now £251,697. However, in the quarter from November to February prices [...]
Cyprus-focused miner Caerus Mineral Resources set for London float March 5, 2021 A mining firm targeting gold and copper sites in Cyprus has this morning announced its intention to float on London’s main market. Caerus Mineral Resources – named after the Greek god of opportunity – has completed a fund-raise by means of placing 21 million new shares of 0.1p each in the capital of the company. [...]
Shadow Chancellor: For UK to succeed, London has to succeed March 5, 2021 More than 300,000 Londoners have lost their jobs since the pandemic began, and some of the sectors that most define our country’s capital – our theatres, galleries, restaurants, bars, hotels, museums and shops – have been particularly badly hit. The city missed out on £11 billion of tourist spending last year. We need a relentless [...]
Ready meal firm Parsley Box set for London float March 5, 2021 Ready meal provider Parsley Box has this morning announced its intention to float on London’s AIM list. The company, which targets its meals at the “baby boomer” generation, said it would give its customers the chance to invest in the firm as part of the IPO. Parsley Box said that it planned to be admitted [...]
UBS bonus pot jumps to $3.3bn during pandemic year March 5, 2021 Employees at UBS earned higher bonuses in 2020, as bumper pandemic profits saw extras at the bank rise by 24 per cent to $3.3bn during the year. Executives collected compensation of $125m in 2020, up from $109m the year before Covid hit, the bank’s annual report showed on Friday. Bonuses had risen by 1 per [...]
Tech billionaires’ privacy brawl: Facebook’s defence of its darkest arts defies belief March 5, 2021 Facebook’s new advertisement – “Good Ideas Deserve To Be Found” – is a study in audacity, in which the company wraps its darkest arts in a cloak of moral purity. Facebook tracks its users’ behaviour, not only on its own apps but all across the web. What it learns about you in the process, it [...]
City Spirits: Put the G&T to the side for a refined rum revolution March 5, 2021 If you’re after a quick and refreshing sundowner, there are fewer drinks easier to throw together than a gin and tonic. The quintessential afternoon tipple, the humble G&T has been the key vehicle for the phenomenal growth in gin – both in sales and in the sheer variety of bottles available to try – over [...]
Government slammed over lack of climate change plan March 5, 2021 Two government committees have hit out at the government over a lack of detail in its climate change plans ahead of this year’s COP26 conference. In a new report released today, the influential Public Accounts Committee (PAC) said that two years on from fixing its net zero target in law, the government had “no plan” [...]
Former Deliveroo executives launch 10-minute grocery delivery app in London March 5, 2021 A new delivery app founded by former Deliveroo executives is launching in London today promising to deliver groceries within 10 minutes. Dija will be the latest player to join the growing food delivery space as consumers turn to online amid the pandemic. Research by Capgemini reveals 56 per cent of UK consumers expect to get [...]
