Temi Labor CA: ‘I am proud to be the only African woman at the table because it allows me to showcase why I deserve to be here’ November 3, 2021 Temi Labor CA shares her experience of working in the Middle East as a black woman and the importance of having a strong personal brand. What was life like growing up for you? I grew up in Lagos in Nigeria and when I was about six or seven my mum left to move to the [...]
Sunak hails avoiding joblessness spike after furlough end November 2, 2021 The end of the furlough scheme is unlikely to trigger a surge in unemployment, according to the Chancellor. Speaking to a committee of members of the House of Lords, Rishi Sunak said he was “optimistic” the end of the job support scheme would not result in a wave of job losses. There were concerns the [...]
Editorial: Sports fiascos remind City of importance of governance November 2, 2021 The world of sport has always been something of a wild west when it comes to corporate governance. The propensity to hire ex-players to sit on governing committees doesn’t help, as if the ability to play with head over elbow when batting out the day or pick-and-go from the back of the scrum will somehow [...]
New York firm injects further £300m into London’s Quilam Capital November 2, 2021 London investment firm Quilam Capital has extended its joint venture with Wafra Capital Partners (WCP) with a £300m injection. The joint venture with New York investment house Wafra, which began in 2019, forms part of Quilam’s ambition of becoming Europe’s top investor in specialty finance. The latest investment takes the total available to deploy to [...]
Facebook removes facial recognition feature for billions November 2, 2021 Facebook announce they will be shutting down their Facial Recognition system on Facebook, meaning people who have opted in will no longer be automatically recognised in photos and videos.
Mud slinging across the Channel Deciphering the fish wars, Made easy November 2, 2021 The latest development in the fishing row between France and the UK is a temporary truce. French President Emmanuel Macron was meant to enforce retaliatory measures Tuesday at midnight, but he didn’t. The row is all about access to the other country’s respective waters, which for France include Channel Islands’ waters. A deal was drafted [...]
Cop26: Sunak to force all UK financial firms to publish net-zero transition plans November 2, 2021 The UK’s financial institutions and listed firms will soon have to publish strategies on how they will transition to net-zero by 2050 as Rishi Sunak today unveiled his plan to make Britain the world’s first “net-zero financial centre”. The chancellor today said great efforts have been made to “rewire the entire global financial system for net [...]
BlackRock CEO tells COP26: ‘We need to change finance’ – CityAM : CityAM November 2, 2021 Blackrock CEO and chairman Larry Fink rallied for more public-private investment in emerging markets’ climate infrastructure today, after the world’s largest asset manager raised a target-beating $673m fund to do exactly that. The asset management giant secured backing from the French, German and Japanese governments as part of the fundraise, which was oversubscribed and exceeded [...]
Cop26: Boris Johnson pushes China for ‘more progress’ on its climate commitments November 2, 2021 Boris Johnson has called on China to make “more progress” on its climate change commitments at Cop26, while urging the country to commit to peaking its Co2 emissions before 2030. Johnson said as world leaders began to leave the United Nations summit in Glasgow today that “we’re keeping the pressure up” on China to commit [...]
Culture corner: What’s going on in the City this November? November 2, 2021 There are a wealth of events, gigs, historical talks, comedy shows and concerts throughout November. Get your culture fix now before the Christmas party season drinks up your time and take advantage of what the City has to offer on the days you’ve commuted into the office. Pop into the Barbican Library in your lunch [...]
