Afghanistan: UK ups evacuations as Taliban warns against an overstay August 23, 2021 The UK is set to fly around 6,000 British and Afghan citizens out of Afghanistan this week, as it ramps up its evacuation plans. To help more people leave the country, the military has extended the deadline for the final RAF evacuation flight from tomorrow to Friday or Saturday, according to Time Times. The total [...]
WPP snaps up delivery tech firm Satalia in AI push August 23, 2021 WPP has snapped up a London-based tech firm specialising in home delivery services in a move that will boost the ad giant’s artificial intelligence offering. The FTSE media group today said it had acquired Satalia, which is one of the UK’s fastest-growing tech companies and serves major clients such as BT, Tesco and Unilever. Following [...]
JP Morgan boss Jamie Dimon plans first UK visit since Covid hit August 23, 2021 JP Morgan chief executive Jamie Dimon will visit London next month for the first time since the coronavirus outbreak. The trip could result in fresh momentum for workers to return to the City as the banker has advocated for office-working. The Wall Street banking boss will meet clients and staff after an initial scheduled trip [...]
West End landlord: Weekly footfall 60 per cent of pre-Covid levels – CityAM : CityAM August 23, 2021 West End landlord Shaftesbury has said weekly footfall has recovered to 50-60 per cent of pre-pandemic levels as hospitality businesses enjoy a “strong recovery” of trading levels. The landlord reported increased occupancy across all uses with available-to-let vacancy at 4.1 per cent by 13 August 2021 compared to 8.4 per cent on 31 March 2021. [...]
Tony Blair’s son Euan raises £65m in funding round for start up – CityAM : CityAM August 23, 2021 An education start up founded by Euan Blair, son of former prime minister Tony Blair, has secured £65m in funding. Founded in 2016, Multiverse provides school leavers with apprenticeships and training, helping to secure people work in companies such as Google, Unilever, Facebook and Morgan Stanley. The investment is understood to be part of upcoming [...]
Leaders are entitled to holidays but Dominic Raab’s Crete vacation was a dereliction of duty August 23, 2021 Last week Foreign Secreatry, Dominic Raab was harangued from all sides because he was on holiday and either uncontactable or unwilling to disrupt his respite to make a telephone call to a minister in Kabul. The question of whether or not a conversation between Raab and his Afghan counterpart, Mohammad Hanif Atmar would have made [...]
Global Britain must pivot towards Asia but it must also ensure polluting countries take climate change seriously August 23, 2021 If the Government’s Global Britain vision is to be a success, the UK must strengthen ties with the most populous continent in the world: Asia. An agreement to boost cooperation with the Association of Southeast Asian Nations (ASEAN) – ten member countries in the Indo-Pacific, home to nearly 10 percent of the world’s population – [...]
One in three British firms to restructure business to cope with post-Brexit environment August 23, 2021 Almost one in three medium-sized businesses are going to have to drastically change their operations to cope with the new post-Brexit UK-EU trading relationship, according to new figures published today. Research by accountancy firm BDO reveals 32 per cent of mid-sized businesses think they need to alter their business model to remain viable amid the [...]
Global dividends continue march toward pre-Covid levels August 23, 2021 Companies are restoring investor payouts rapidly as the spectre of the Covid crisis over their future prospects recedes, according to fresh figures released today. Data from Janus Henderson shows global dividends surged 26.3 per cent to $471.7bn in the second quarter of this year on an annual basis. Companies that halted dividends to protect cash [...]
Sara Glass CA: From the private sector to CFO of the Scottish Parliament August 23, 2021 This article first appeared in ICAS’ CA magazine. Sara Glass CA left a successful career in the private sector to become CFO of the Scottish Parliament. She tells Ryan Herman why the two roles are more similar than they appear. It is less than a year since Sara Glass CA became Chief Financial Officer for the [...]
