Inmarsat appoints former Nokia boss as its new chief executive February 24, 2021 British satellite giant Inmarsat today said it has appointed former Nokia boss Rajeev Suri as its new chief executive. Suri, who stepped down as president and chief executive of the Finnish telecoms giant in 2020 after six years at the helm, will take up the position next month. He will replace Rupert Pearce, who has [...]
Easyjet set to raise up to €1.2bn from bond sale February 24, 2021 Easyjet is set to raise €1 – €1.2bn from a seven-year bond sale taking place today, according to a memo seen by Reuters. The issue comes within days of the UK laying out its roadmap for the return of international travel, which prompted a huge jump in ticket bookings for the carrier. According to the [...]
Exclusive: Purity Hemp CEO on the UK’s fast-growing medical cannabis market February 24, 2021 After losing his sister to cancer and his best man to an opioid addiction, Canada-born, London-based Michael Walker felt he should explore alternative healthcare options so not to rely on Big Pharma. The former head of marketing at Heathrow Express left the advertising industry in 2016 to set up his own company, the Purity Wellness [...]
Let’s celebrate the number of women on FTSE boards, but smaller companies will face regulatory hurdles if they don’t step up February 24, 2021 It is worth taking a moment to celebrate that the number of women on FTSE 350 boards has jumped by 50 per cent over the last five years, according to the Hampton-Alexander review published yesterday. But we must not take our foot off the pedal, the work is far from done. Another recent report from [...]
PM must pull G7 back from the dusty halls of diplomatic irrelevancy to tackle Covid, China & climate change February 24, 2021 Last Friday, Prime Minister Boris Johnson hosted the first leadership meeting of the UK’s 2021 presidency of the G7. While the western club may appear ill-suited to tackling the global crisis from the pandemic, it has always been at its best reacting to the big issues of the moment. Indeed, the very fact that it [...]
Skoda Octavia vRS review: Czech mate for the Golf GTI February 24, 2021 The Skoda Octavia vRS is a more practical alternative to a Volkswagen Golf GTI. We find out what the new, fourth-generation car has to offer.
The highs and lows of Antonio Horta-Osorio’s decade at Lloyds February 24, 2021 The return to dividend payouts announced today is a strong legacy for the outgoing Lloyds boss, who oversaw the successful turnaround of a bank left reeling from the financial crisis. Antonio Horta-Osorio will step down at the end of April, with finance chief William Chalmers set to take over temporarily before HSBC banker Charlie Nunn [...]
FCA told to stop cum-ex probe after judge questions regulator’s priorities February 24, 2021 An investigation into a trader involved in cum-ex transactions has been stopped, after a judge questioned the FCA’s apparent lack of commitment to probing the European tax scandal. City watchdog the Financial Conduct Authority (FCA) was ordered to pause its probe until 2022, after a separate court decides on a case brought by Danish tax [...]
Keir Starmer pushes Boris Johnson to rule out corporation tax rise February 24, 2021 Sir Keir Starmer has called for Boris Johnson to rule out a rise in corporation tax in next week’s Budget amid rumours Rishi Sunak could increase the rate to 25 per cent. Starmer said that “now is not the time for tax rises on families and businesses” at Prime Minister’s Questions (PMQs) today. The Times [...]
FTSE 100 creeps up as surging pound dents exporters February 24, 2021 The FTSE 100 crept back into the black today as the index’s exporters were hit by the pound rising to its highest levels since 2018. Having opened down 0.6 per cent at 6,599 points, London’s premier index was up 0.3 per cent at 6,643 points just after midday. The slight rise came as sterling neared [...]
