Is being green just the latest trend for businesses? July 9, 2021 ICAS Lecturer Hannah Davis CA, explores whether being ‘green’ is just the latest trend for businesses and whether they are genuinely sustainable. Green branding In ICAS’ subject Business Acumen we talk about sustainable branding and specifically what it means to be a ‘green’ brand. A brand is thought to be ‘green’ when it is constituted [...]
Hiring in the City roars back to life July 9, 2021 The City is roaring back to life driven by financial services firms ramping up hiring activity as the spectre of Covid on the Square Mile recedes, new figures published today reveal. The number of jobs available in London’s financial services sector rose more than twofold over the last year, according to Morgan McKinley’s spring employment [...]
Brexit: Financial services will thrive on the world stage with access to rich foreign markets July 9, 2021 Something has changed in financial services. The events of the last week have put this beyond doubt. In the aftermath of the Brexit referendum, we were focused on designing a deep and comprehensive relationship with the EU based on alignment. When that was rejected, we hoped for the significantly less comprehensive equivalence determinations. As the [...]
Rishi Sunak calls on other G20 countries to finalise global tax deal July 9, 2021 Rishi Sunak has called on other G20 countries to “maintain momentum” over a global tax deal on the eve of a Venice summit. Sunak will meet with other G20 finance ministers and central bank governors in a bid to endorse the global tax plan that has been agreed by the G7 and the Organisation for [...]
Facebook ‘lost’ important rule on dangerous individuals for three years July 8, 2021 Facebook “misplaced” guidance on an important exemption to its rules on dangerous individuals and organisations for three years, the company’s oversight board has revealed. The board, which was created to rule on controversial content decisions, said it had overturned Facebook’s original decision to remove an Instagram post encouraging people to talk about the solitary confinement [...]
Not over yet: UK ‘liable to pay EU €47.5bn’ in Brexit divorce bill July 8, 2021 The UK is reportedly liable to pay €47.5bn (£41bn) to the EU as part of a post-Brexit financial settlement. The EU’s consolidated budget report for 2020, seen by RTE News, states that the UK owes the bloc €47.456bn under a series of articles to which both sides agreed as part of the Brexit Withdrawal Agreement. [...]
Former Barclays boss Bob Diamond to take crypto firm Circle public in Spac deal July 8, 2021 Former Barclays boss Bob Diamond is set to take cryptocurrency firm Circle public through a $4.5bn (£3.3bn) blank-cheque listing. The complex Spac deal will see Circle merge with Concord Acquisition Corp, which is backed by Diamond, before the combined entity is acquired by a new Irish holding company that will trade on the New York [...]
Government to bin English votes for English laws July 8, 2021 The government today announced it plans to scrap English votes for English laws, a system that gives English MPs a veto over laws that only affect England. Speaking at Cabinet Office questions on today, Michael Gove said: “The procedure has been suspended since April 2020 and, having reflected, the government believes it has not served [...]
Up to 1,000 Italy fans to be flown to UK for Euro 2020 final July 8, 2021 Italy’s footballers have been granted a boost after Uefa struck a deal to allow up to 1,000 fans to travel to London for the Euro 2020 final at Wembley on Sunday. Uefa, European football’s governing body, has secured approval from the government to allow a maximum of 1,000 supporters to attend the game, subject to [...]
Pfizer and Moderna vaccines: UK adds rare heart inflammation to side effects July 8, 2021 The UK’s drugs regulator has added extremely rare occurrences of heart inflammation to the official list of side effects for the Pfizer and Moderna vaccines. The Medicines and Healthcare products Regulatory Agency (MHRA) stressed that “the benefits of getting vaccinated outweigh the risks” and these “events are extremely rare and tend to be mild when [...]
