SS&C completes £1.24bn snap up of Blue Prism as tech firm leaves London market March 16, 2022 US fintech SS&C has completed its £1.24bn acquisition of British tech firm Blue Prism, heralding another tech departure from the London market. The new combined entity will operate as SS&C Blue Prism, and report to Mike Megaw, Managing Director, Business Process Automation. Blue Prism is a leading player in intelligent automation, and has over 2,000 clients across [...]
UK and US to have ‘transatlantic dialogues’ in bid to boost trade March 16, 2022 The UK and US will next week hold the first of a series of “transatlantic dialogues” in a bid to boost bilateral trade between the two countries post-Brexit. The Department for International Trade (DIT) said the dialogues “will bring together government ministers, senior officials, trade unions, businesses and civil society from both sides to discuss [...]
Investors launch racial equality campaign against Salesforce after ‘gaslighting’ accusations March 16, 2022 Retail investors are readying a campaign against software giant Salesforce today to push it into action on racial equality, after the firm faced two recent resignations over ‘rampant microaggressions and gaslighting’.
EP: 119 Cheltenham Festival — Gold Cup Day, Friday March 16, 2022 Gold Cup Day at the Cheltenham Festival is for many the highlight of the week’s racing at Prestbury Park. Our special guests today are Davy Russell, Milton Harris & Max McNeill. City A.M. racing editor Bill Esdaile previews the final day’s action at this year’s Cheltenham Festival. Hosted by Chris Barnett The Punter ‘The Punter’ has been [...]
Ever Given’s sister vessel runs aground in US a year after Suez Canal incident March 16, 2022 Container ship Ever Forward has run aground in the US, almost a year after its sister vessel Ever Given blocked the Suez Canal for a week. The US Coast Guard said today it was initially notified about the incident on Sunday and it has reported the container ship is stuck outside the Chesapeake Bay, Maryland. [...]
German law firm launches class action lawsuit against EY over Wirecard scandal March 16, 2022 A German law firm has opened a class action lawsuit against Big Four accountancy firm EY over the auditor’s role in the multi-billion-euro Wirecard scandal. German law firm TILP said it had filed a lawsuit in a Munich court on behalf of Wirecard shareholders, over claims that EY breached its duty to investors by “aiding [...]
Parker Review: Almost all FTSE 100 boards now meet ambitious diversity target of at least one director from minority background March 16, 2022 Almost 90 per cent of Britain’s top companies have met ambitious goals to have more ethnically diverse boards. The secretary of state for business heralded “great strides” made in British firms, following a report by the Parker Review Committee, revealing 89 FTSE 100 firms are now more representative than five years ago. This comes after [...]
Guess who’s back: Flybe to go on sale next week March 16, 2022 Almost two years after its collapse, UK regional airline Flybe is set to go on sale from next week. The carrier announced today a full list of routes and destinations from its Birmingham and Belfast City airport hubs. “Once we start flying from Birmingham, Belfast and many other cities in the UK and EU, we [...]
Privacy watchdog fines firms for targeting vulnerable and elderly with ‘predatory’ marketing calls March 16, 2022 The UK's privacy watchdog has fined five companies over £400k after they deliberately targeted the elderly with "predatory" and "coercive" marketing calls in order to sell them unnecessary insurance.
Zara owner Inditex warns of challenges ahead after shutting Russian shops March 16, 2022 Zara owner Inditex has reported sales surpassing pre-Covid levels but warned of looming challenges after severing ties with Russia. The world’s largest fashion retailer said Russia was a major market, after it shut its 503 shops and suspended online sales in the country amid its war in Ukraine. Russia and Ukraine accounted for five per [...]
