Barclays rings the c-suite changes after Staley exit November 9, 2021 British bank Barclays is ringing the changes in the c-suite after former chief Jes Staley decided to leave the lender to fight the findings of a probe into his characterisation of his relationship with convicted sex offender Jeffrey Epstein. The lender has appointed Paul Compton as its new head of investment banking, it announced today, [...]
Europe’s biggest tabloid Bild forces staff to disclose romantic relationships November 9, 2021 The publisher of Germany’s most popular newspaper is to force employees to disclose their relationships in the newsroom, after its editor was ousted in a misconduct scandal.
RMT rouses Caledonian Sleeper staff into new wave of ins November 9, 2021 RMT has confirmed a two-day strike is going ahead this week on the Caledonian Sleeper in Scotland. Workers on the sleeper service have been roused into action for the fourth time following a protracted pay dispute with Serco. The industrial action takes place between 11th and 13th November. The train provides overnight journeys from London [...]
Oxford Nanopore shares jump after university spinout lifts life sciences revenue forecast November 9, 2021 Shares in Oxford Nanopore surged almost 6 per cent this morning after the recently-listed biotech upped the 2022 and 2023 sales forecast for its life sciences unit, bolstered by a multimillion dollar long-term contract win in the UAE. The genomics group forecast revenue for the core unit will hit between £170m and £190m in 2023, [...]
What’s law got to do with it? Tina Turner sues uncanny tribute act November 9, 2021 Music legend Tina Turner, 81, sues a German tribute act for looking too much like her.
London’s recovery can’t be jeopardised by a lack of funding for TfL November 9, 2021 Amid the many heartening sights of London’s post-Covid-19 recovery, it’s ironic that one of the most warming was the sight of 600 lucky souls leaving the capital yesterday morning. Two flights, BA-001 and VS3, took off from Heathrow to JFK at 8:51am, on the day the US reopened its borders. As the airlines put it, [...]
Industry giant General Electric to split into three public companies November 9, 2021 Industrial giant General Electric (GE) will split into three companies following years of stock underperformance, the company announced today.
UK economy set to eke out anaemic growth in set of muddled GDP figures November 9, 2021 The UK economy is set to squeeze out anaemic growth as the recovery from the Covid-19 crisis continues to slow, according to City economists. Severe supply chain bottlenecks, compounded by soaring energy prices, logistics systems breaking down and a paucity of workers has crimped businesses. As a result, the size of the British economy is [...]
More commuter madness: Tube drivers vote overwhelmingly in favour of strike November 9, 2021 Tube drivers overwhelmingly voted in favour of a strike yesterday, which could see commuters face further disruptions after Transport for London’s (TfL) controversial announcement regarding the Northern Line on Friday. London Underground drivers, part of the ASLEF union, are set to strike to protect working their conditions and pensions. “Tube train drivers will go on [...]
Forget second jobs, ministers should do start with the grunt work of their first ones November 9, 2021 In a storm of sleaze allegations, it was an unfortunate day for Sir Geoffrey Cox to publish details of his £400,000 a year job at Withers LLP. For the pleasure of being paid almost half a million pounds, he offers “international legal services”. Sir Geoffrey, is, after all, a QC. To borrow a lawyer’s phrase, [...]
