City Moves: Who’s switching jobs in the Square Mile today? October 5, 2021 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. Capital Group Capital Group has hired a new Environmental, Social and Governance (ESG) Investment Director for its Europe and Asia Client group. Belinda Gan, who joined the investment giant on Friday, will report to the firm’s Head [...]
Starbucks joins Deliveroo for app orders October 5, 2021 Coffee chain Starbucks and delivery app Deliveroo have joined forces. More than 400 of the chain’s stores are available to order on the Deliveroo app from today, with more stores being added throughout the month. Londoners can now order coffees alongside sandwiches and other menu items. Other areas involved include Birmingham and Manchester. Standard delivery [...]
Save Bevis Marks: Skyscraper plans are a menace to the City’s heritage October 5, 2021 The business of London is business. So it has always been. The earliest surviving piece of writing from the city, inscribed on a wooden tablet barely a decade after its foundation by the Romans in AD 43, is an IOU. For two millennia, people have been coming to London to make money. It is the [...]
Britain’s pay gap standards are outdated and threaten an equal future October 5, 2021 The continual disparity between men’s and women’s pay remains the starkest illustration of gender inequality in the UK. For several years now, we’ve had the data showing the harsh reality that female workers are valued less – but simply shining a light on a problem is not always enough to fix it. We only know [...]
Food and beverage M&A activity at highest since 2010 October 5, 2021 UK food and beverage M&A market activity was at its highest since 2010 this summer. Deal value between May and August, was at an estimated £3.9bn, according to corporate finance house Oghma Partners’ latest report. The year-to-date total value of recorded deals are estimated at £5.8bn – the nearest annual total was that 2015’s figure [...]
Editorial: Crisis? What crisis? Sunak and his party would be wise to avoid complacency October 5, 2021 The year is 1979, and rubbish bags are piling up in Leicester Square. Lorry drivers are striking leading to queues at fuel pumps, and Brits are panic-buying bread. Prime Minister Jim Callaghan returns to Britain from a conference in Guadeloupe and declares airily that “I don’t think other people in the world would share the [...]
Time to fly: our space highways are just as important for security as those on the ground October 5, 2021 Much has been said about the poor timing of Government announcements, and the launch of the National Space Strategy last week was no exception. As Britain sent the first satellites from European soil in 2022 the country was grappling with fuel shortages and fears of a “winter of discontent”. However, the criticism is little in [...]
Exclusive: Spectre of rising costs threatens to derail London recovery October 5, 2021 Businesses across London are under threat from the spectre of soaring costs. Almost half of firms in the capital are suffering from a sharp rise in energy, raw material and fuel costs, which is squeezing their margins “on several fronts”, the London Chamber of Commerce (LCCI) has warned. Richard Burge, chief executive of the LCCI, [...]
Just a handful of Brits want to work remotely all the time October 5, 2021 Just a handful of Brits want to work remotely all the time, reveal new figures published today. Research by the UK’s largest bank HSBC found 14 per cent of people want to work away from the office all the time. The figures reinforce the continued pull of physical offices, but highlight that elements of hybrid [...]
Facebook, Instagram and WhatsApp ‘start to come back online’ October 5, 2021 Social media platforms Facebook, WhatsApp and Instagram are starting to come back online, after a major outage meant millions couldn’t use their platforms for most of the night. In a very bad day for parent company Facebook, its shares closed 4.9 per cent lower on Wall Street, having plummeted as much as 5.74 per cent [...]
