Bosses who shelve flexibility should prepare for ‘a wave of departures’, says study April 19, 2022 Bosses who put flexibility on the back burner are “setting themselves up for a wave of departures”, a new study shared exclusively with City A.M. today has revealed. Non-executive staff are nearly twice as likely as their bosses to be working from the office five days a week, according to the study by Future Forum, [...]
City Moves: Who’s switching jobs in the Square Mile? April 19, 2022 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. Bovill Financial regulation consultancy Bovill has hired a new partner – an ex-UBS money laundering expert who returns after a three-year hiatus. Mark Spiers, who brings more than 20 years’ experience in the industry, was previously part [...]
Soter Analytics secures $12m to tackle workplace injuries with tech April 19, 2022 Soter Analytics, which seeks to prevent injuries from poor posture in the workplace, has snagged $12m (£9.2m) of new capital in its series A funding round. The firm aims to tackle work-related musculoskeletal disorders (MSD) with technology, as the issue impacts three out of every five workers, according to Europe’s work safety watchdog. The wearable technology tracks [...]
‘Liar’: Less than a quarter of Brits paint Boris Johnson in a positive light April 18, 2022 Prime minister Boris Johnson is facing the wrath of British public opinion following revelations about his role in partygate. The prime minister was fined for attending a party which breached his government’s own Covid-19 laws, and made headlines across the globe. In a survey by JLPartners, commissioned by The Times, just 16 per cent of [...]
Yours for £22.5m: Inside Charles Dickens’ former Regent’s Park property April 18, 2022 An seven-bedroom property overlooking Regent’s Park, which formerly belonged to Charles Dickens, is on sale for the first time since before 1995. Dickens, the lauded author behind Oliver Twist, A Christmas Carol and Great Expectations, once summered in the Grade I listed home in 1861. Largely unchanged since Dickens’ time, beyond the newly fitted Nordic [...]
Shooting for Venus: A sit down with UAE’s space agency chair April 18, 2022 After leading the United Arab Emirates to Mars, space agency chair Sarah Al Amiri expects that over the next 10 years, “human exploration will go further than it has done in a very long time”. The space chief is now set to help the United Arab Emirates Space Agency navigate its interplanetary mission through our [...]
Global Citizen to launch six sustainability funds in funding boost against climate change April 18, 2022 Charity Global Citizen, which seeks to end poverty worldwide, has tabled plans for six sustainability funds of up to $1bn. The non-profit aims to answer the age-old funding question surrounding tackling climate change and biodiversity concerns, as lower-income countries struggle to meet the United Nations 2030 Sustainable Development Goals. The charity, which partners with Citi, [...]
Taxman ramps up asset confiscation amid Covid-19 fraud boom April 18, 2022 HMRC has confiscated assets worth £39m in around a year – a more than 700 per cent increase from 2020. The confiscations, made via account forfeiture orders over the past 11 months, dwarf that of the £4.8m the taxman snagged a year prior, according to law firm RPC. It comes as HMRC ramps up its [...]
Zelensky urges US counterpart Biden to visit Ukrainian capital April 18, 2022 President Zelensky has urged his US counterpart Joe Biden to visit Ukraine to see how war has hit Kyiv on the ground. The White House is reportedly mulling the decision to send over a senior official to the Ukrainian capital, with defence secretary Lloyd Austin and secretary of state Anthony Blinked thought to be frontrunners. [...]
Business of Space: When international cooperation works, and when it doesn’t April 15, 2022 This week: The growing militarisation of space Roscosmos’ Rogozin at it again When international cooperation works A Pentagon report In the post-Cold War renaissance of orbital and galactic affairs, the commercial space sector is booming. However, the division of private space endeavours and militaristic activities is no easy feat, according to a new report by [...]