‘Bond market tantrum risks’: Gilt traders brace for Labour leftward pivot as Starmer future uncertain
FTSE 100 trades flat as banks lead the biggest fallers February 11, 2021 The FTSE 100 is trading flat this afternoon after the excitement of corporate earnings wore off. Investors had initially been boosted by rose by Astrazeneca’s upbeat quarterly results, which is now trading up 0.8 per cent. Banks are proving to be a drag on the FTSE this afternon which slipped to trade down 0.04 per [...]
KPMG’s embattled chairman: ‘Unconscious bias is complete crap’ February 11, 2021 KPMG UK chairman Bill Michael has been caught on camera describing unconscious bias as “complete crap”, in the same video call he told staff to stop moaning about pandemic working conditions. Earlier this week Michael was forced to step aside from his leadership position at the Big Four firm, after it was revealed he had [...]
Dame Carolyn Fairbairn joins BAE Systems in non-exec role February 11, 2021 City grandee Dame Carolyn Fairbairn has joined BAE Systems as a non-executive director, the defence giant announced today. Fairbairn, one of the Square Mile’s most high-profile figures, was until last year the director-general of the CBI. She has previously held non-exec roles at the CMA, Lloyds Bank, the FSA, and outsourcer Capita. Prior to that, [...]
St Patrick’s Day celebrations in London move online February 11, 2021 London mayor Sadiq Khan said today a virtual St Patrick’s Day celebration will be held on 17 March, which will showcase London-based Irish talent. The celebration will be hosted by London Irish Centre ambassador Angela Scanlon. “The sight of Londoners and visitors of all backgrounds uniting in our capital for St Patrick’s day is a [...]
Hong Kong Racing Tips: Millard’s Land to Power home February 11, 2021 FORMER South African champion trainer Tony Millard has his stable firing on all cylinders at present. Gallant Crown’s success at Happy Valley on Wednesday took the 59-year-old’s total to 15 winners for the season, with three of them coming at the last four meetings. Millard is renowned for paying particular care and attention to his [...]
Hong Kong Racing Tips: Missile can surge to victory for Purton February 11, 2021 WITH arch-rival Joao Moreira sitting out the New Year celebrations at Sha Tin, reigning champ Zac Purton must be looking to make inroads into what appears to be an unassailable lead of thirty in the jockeys’ title race. The Australian has a couple of high-profile mounts on the Richard Gibson-trained Wellington, who faces tough opposition [...]
Hong Kong Racing Tips: California Rad to kick off Chinese New Year in style February 11, 2021 SHA TIN in Hong Kong hosts its annual Chinese New Year race-day on Sunday with an 11-race programme, worth around £1.7millon in prize-money. This is the one day in the Hong Kong racing calendar when the majority of the local population will be seeking to make ‘lucky money’ and start their New Year off with [...]
European aviation lays out flight path to net zero by 2050 February 11, 2021 A new report from a group of aviation bodies has laid out a programme for eliminating all European airlines emissions by 2050. According to the research, which was conducted by bodies including airports group ACI Europe, emissions from flights within and departing from the European Economic Area, Britain and Switzerland can be cut to et [...]
Vue chief executive Tim Richards named as new BFI chair February 11, 2021 The founder and chief executive of cinema chain Vue has been named as the new chair of the British Film Institute (BFI). Culture secretary Oliver Dowden today confirmed that Tim Richards will take up the position from next week and serve a term of up to three years. Richards founded Vue in 1999 and has [...]
HSBC suspected of greenwashing as lawyers urge bank to clean up February 11, 2021 Lawyers for an environmental charity have written to HSBC to remind it of its legal duties with regard to climate risk, as the banks mulls supporting a climate change resolution ahead of its next annual general meeting. The resolution, which was filed by ShareAction last month, called on the bank to take urgent action to [...]