UK economy records highest expansion since WW2 February 11, 2022 The UK economy has registered the highest expansion since 1946, growing 7.5 per cent in 2021 despite an Omicron-induced slump registered in December. According to ONS figures, the economy was recovering strongly following a 9.4 per cent collapse in 2020 but was hit with a 0.2 per cent bump in December. Retail and hospitality were [...]
Competition watchdog accepts Google privacy changes February 11, 2022 The UK competition watchdog has accepted Google’s changes to its privacy sandbox, following a year-long investigation into the tech giant. The Competition and Markets Authority (CMA) launched the inquiry in January 2021 over concerns that Google’s privacy sandbox – a set of new web standards that aim to protect people’s privacy more – would cause [...]
Letters: not so green with envy February 11, 2022 [Re: Hardly any Brits plan to stick to climate goals, Jan 17] A report conducted this week by NewClimate Institute and Carbon Market Watch revealed that climate pledges made by 25 of the world’s largest companies are, in fact, misleading. Companies analysed in the report include giants like Google, Amazon, IKEA, Apple and Nestle. Only [...]
Biden: US citizens should leave Ukraine February 11, 2022 US President Joe Biden has advised American citizens living in Ukraine to leave the country immediately, amid growing fears of a Russian invasion.
Oil settles around $90 amid looming expectations of US interest rate hikes February 11, 2022 Oil prices are hovering at around $90 per barrel on both major benchmarks amid concerns over aggressive US interest rate hikes.
Bookies look Stateside for betting wins February 11, 2022 Sunday night’s Super Bowl will see the Bengals battle the Rams - but the real action might be off the field, writes Leah Montebello
Omicron’s train hits Heathrow’s January demand February 11, 2022 The impact of Omicron continues to be felt at Heathrow, as the airport’s January demand was weaker then expected. Passenger demand, the airport reported today, were 56 per cent down on pre-pandemic levels, as more than 1.3 million travellers cancelled or didn’t book their trips because of the travel restrictions set in December. “We haven’t [...]
City Moves: Who’s switching jobs in the Square Mile this week? February 11, 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. essensys Flexible workspace software and technology company Essensys has found a new CEO for its UK and European business. Stepping to the helm after a stint at British Land, James Lowery will report to founder and group CEO Mark Furness. “James’ [...]
Mental health in the Square Mile has transformed; it must do in the NHS too February 11, 2022 I began my career in the cut throat City in 1982. It was an era when the environment was uber macho, almost completely male dominated with an incredibly aggressive culture. It was accepted that this was how you needed to be if you wanted to get on. The atmosphere of no holds barred determination to [...]
A matter of when not if for the Met Commissioner February 11, 2022 In truth it was a matter of when, not if. Dame Cressida Dick simply had to go – her force long ago lost the faith of Londoners. For some, it began with the heavy-handed response to the vigil for Sarah Everard, when the force violently broke up a peaceful protest at the murder of a [...]