Railway cleaners begin 11-day strike over salaries April 27, 2022 Railway cleaners began today an 11-day strike to increase their salary to £15 per hour. The union RMT said its members working for contractor Churchill aboard the GTR, Southeastern and HS1 networks will go on strike until 7 May. As part of the campaign, RMT is calling for cleaning staff to be treated like other [...]
UK high street lenders whipsaw on muddled day of trading in the City April 27, 2022 The UK’s biggest high street lenders whipsawed in the City today after giving up morning gains that initially boosted London’s top indexes. The capital’s premier FTSE 100 index closed 0.53 per cent higher at 7,425.61 points, while the domestically-focused mid-cap FTSE 250 index, which is more aligned with the health of the UK economy, dipped [...]
Calls for mandatory levy resurface as industry clamps down on gambling harms and cost of living crunch April 27, 2022 GambleAware has called for a mandatory one per cent levy on post winning earnings from gambling operators as the government heads for industry reform.
M&G begins hunt for CEO as Foley steps down April 27, 2022 London investment outfit M&G kicked off the hunt for a new chief executive today as boss John Foley announced he would step down from the role.
The City View: August CEO Mélie Dunod on rethinking holiday home co-ownership April 27, 2022 Today Andy Silvester talks to Mélie Dunod, CEO and co-founder of holiday home co-ownership firm August. She talks us through the company’s inception; why their equity purchase model allows for better and more transparent co-ownership; and the post-Covid re-examination of lifestyle purchases. And in the news: law giant Eversheds Sutherland has re-entered Russia, striking a [...]
Apecoin to hit new all-time highs this week? What’s going on? April 27, 2022 Apecoin, the native cryptocurrency of the Bored Ape Yacht Club (BAYC), is going to hit fresh all-time highs this week, predicts Nigel Green.
British rocket firm urges Iceland to cut the red tape for Europe’s largest launch to date April 27, 2022 British rocket company Skyrora has urged Iceland’s government to ease up on the unnecessary red tape which is currently blocking Europe’s largest rocket launch. The rocket company has called on the government to grant a licence which would end months of delays – and help the UK go ahead with its first launch from British [...]
Overseas executives flock back to London as the relocations market explodes April 27, 2022 International business executives are flocking back to London, according to new data shared exclusively with City A.M. today, after the pandemic pushed many to return overseas. The return of bankers, investors and the sought have driven demand in the prime central London relocations market up 150 per cent in the first three months of this [...]
UK fraud investigators serve notice on companies linked to mining magnate Sanjeev Gupta April 27, 2022 UK fraud investigators yesterday served notices at multiple addresses linked to mining magnate Sanjeev Gupta, just a day after French police raided Paris offices linked to the embattled steel tycoon. The UK’s Serious Fraud Office (SFO) yesterday issued Section 2 notices to trading addresses linked to the Gupta’s Liberty House Group of companies, requesting financial [...]
MOT could be relaxed under new government plans April 27, 2022 The annual MOT checks could be relaxed under government plans to help Brits navigate the cost of living crisis. Transport secretary Grant Shapps today told the Commons’ Transport Select Committee he didn’t exclude out relaxing the rules, but any changes would need to meet a “very rigorous safety standard.” “If you look at things like [...]
