5 incredible companies that are hiring in London right now May 5, 2021 Summer is here (finally!), and it’s a great time to make some changes. For many people, that might mean a wardrobe cleanout or a new workout routine, for others, it might mean a new job. Today, let’s deal with the job thing. It can be a bit daunting to start a job hunt, especially during [...]
The United Way is a timely doc on the Manchester football giant May 5, 2021 Depending on your view, this is the best or worst time to release a documentary about Manchester United. It arrives days after fans invaded the Old Trafford pitch, demanding the removal of current owners The Glazer Family as the fallout from the European Super League fiasco continues. With the club in turmoil, it may not [...]
Archegos set for insolvency as it braces for legal claims from banks May 5, 2021 Archegos is reportedly planning to file for insolvency as banks seek to recoup their losses after the firm failed to meet margin calls. The collapse of the family office, run by former Tiger Asia manager Bill Hwang, in March saw its brokers take a $10bn hit. Nomura posted its biggest quarterly loss in over a [...]
Exclusive: Chartered IIA calls on government to extend mandatory climate reporting to smaller businesses May 5, 2021 The Chartered IIA is calling on the government to further its demands on climate reporting, including widening out mandatory climate reporting to include small and medium-sized organisations. In March the Department for Business, Energy and Industrial Strategy (BEIS) launched a consultation to require mandatory climate disclosures from large companies. Companies that would be affected by [...]
Lilly executive accused of rewriting documents to downplay issues at Covid drug plant May 5, 2021 Eli Lilly & Co employees have accused a factory executive of changing documents required by government regulators to downplay serious quality control problems. The accusations are alleged to have happened at the drug maker’s US plant which produces Covid-19 treatment, according to an internal complaint. The unsigned report, reviewed by Reuters after being filed through [...]
Liberty Steel appoints new restructuring committee as firm seals deal for Australian steelworks May 5, 2021 Sanjeev Gupta’s Liberty Steel has today announced that it will set up a restructuring committee made up of four new directors in a bid to refinance the group after the collapse of Greensill in March. In a statement, the firm, which is a subsidiary of the tycoon’s GFG Alliance, said that the new execs would [...]
High street decline May 5, 2021 With high streets in turmoil and recovery slow, high street graveyards are becoming a common sight across the UK. The past 12 months have not been easy for the vast majority of companies, in particular for those without an online platform. However, the struggle of the high street is not a new problem. Rewind a few years [...]
Mayor of London election: Where do the major candidates stand on the Covid recovery? May 5, 2021 With the 6 May mayor of London election just one day away, City A.M. is producing a four-piece series on where the four leading candidates stand on different issues. Today, we look at Covid recovery policies from the candidates from Labour, the Conservatives, the Green Party and the Liberal Democrats. Sadiq Khan The incumbent mayor [...]
Three-quarters of new FRC panel members being ex-Big Four causes interest concerns May 5, 2021 The majority of individuals recently recruited to the FRC’s advisory panel have at some point worked for a Big Four firm, raising concerns about their objectivity when it comes to making recommendations that are in the public interest. The Financial Reporting Council (FRC) recently announced 19 new appointments to its advisory panel, a body established [...]
Donald Trump’s Facebook ban upheld by oversight board May 5, 2021 Facebook’s oversight board has upheld the ban of former US President Donald Trump but said the indefinite suspension was wrong. In a much-awaited verdict, the oversight board said it upheld Facebook’s decision but said it was “not appropriate… to impose the indeterminate and standardless penalty of indefinite suspension.” “Facebook’s normal penalties include removing the violating [...]
