City Moves: Who’s switching jobs in the Square Mile today? October 7, 2021 City A.M.’s Millie Turner provides a roundup of the most important hires and job moves across the City, every morning. Email citymoves@cityam.com to be featured. Collidr London-based digital asset management group Collidr has posted a former Aberdeen Asset Management Director to its board. Joining as a Non-Executive Director of UK entities, Heather Manners brings some 35 years experience in fund management to [...]
Precious £336m: Amazon shifts Lord of the Rings series production from New Zealand to UK October 6, 2021 Amazon’s TV and film division is set to shift its Lord of the Rings series production to the UK from New Zealand in a major boost for the country’s booming creative sector. The move marks an upbeat investment in the UK’s television industry, with Amazon Studios having already injected around $465m (£336m) into the first [...]
City Moves: Who’s switching jobs in the Square Mile today? October 6, 2021 City A.M.’s Millie Turner provides a roundup of the most important hires and job moves across the City, every morning. Email citymoves@cityam.com to be featured. Pinterest Photo sharing and publishing platform Pinterest has hired a Global Agency Commercial Lead for its London office. Stepping into the role in November, Martin Galvin is set to lead the platform’s commercial partnerships programs with media [...]
Japan to restart nuclear power plants amid carbon cutting push October 5, 2021 Japan is set to fire up its nuclear power plants as it looks to expand its renewable energy offering amid a push to slash its emissions, its new industry minister has said today. The efforts are a bid to cut 46 per cent of its carbon output from 2013 levels by 2030, while the country [...]
Hotel Chocolat jump more than 10 per cent after digital pivot pays off October 5, 2021 Hotel Chocolat’s shares have jumped more than 10 per cent today, as it posted solid revenue growth for the past year, suggesting the chocolatier’s pivot to becoming a digital brand is making headway. Revenue increased by over 20 per cent, which Walid Koudmani, market analyst at financial brokerage XTB said marked “encouraging signs for its [...]
Johnson: ‘Sadiq Khan has not handled the finances of TfL well’ October 5, 2021 Prime minister Boris Johnson has criticised London mayor Sadiq Khan’s handling of Transport for London (TfL) finances, snubbing Khan’s plan to impose a £5.50 levy for those driving into London. The charge is intended to fuel London’s transport system, which is looking for some £8bn to fund an extension of the Bakerloo line to Lewisham. [...]
Debenhams launches new online marketplace following Boohoo takeover October 5, 2021 Debenhams has launched a new online marketplace following its takeover by Boohoo earlier this year. It comes after Debenhams, once a historic high street staple in the UK, ended up another casualty of the pandemic that drove shoppers to the digital sphere. The website, launched by marketplace software as a service (SaaS) platform Mirakl, will [...]
Helena Morrissey criticises HSBC and City of London as she calls for dump of China stock October 5, 2021 City insider Baroness Helena Morrissey has called on investors to ditch their stakes in Chinese companies due to the accusations of human rights abuses in the country. Morrissey, a chair for AJ Bell, also criticised HSBC and the City of London Corporation for their stance on China, as the bank alongside Standard Chartered, had last [...]
City Moves: Who’s switching jobs in the Square Mile today? October 5, 2021 City A.M.’s Millie Turner provides a roundup of the most important hires and job moves across the City, every morning. Email citymoves@cityam.com to be featured. Capital Group Capital Group has hired a new Environmental, Social and Governance (ESG) Investment Director for its Europe and Asia Client group. Belinda Gan, who joined the investment giant on Friday, will report to the firm’s Head [...]
Insulate Britain activists block Blackwell Tunnel and Wandsworth Bridge October 4, 2021 Activists from Insulate Britain have launched their eleventh day of protest at London’s Blackwall Tunnel and Wandsworth Bridge today, according to reports. The Blackwall blockage is expected to hinder the route for commuters travelling into London for the east. It comes despite a government injunction put against them, prohibiting them from blocking traffic following a [...]