Ocado to be grilled on staff pay inequality at upcoming annual meeting April 29, 2024 The board of grocery technology business Ocado will face a question about staff pay inequality at their annual general meeting on Monday.
‘Green shoots of recovery’ emerge as FTSE profit warnings fall on last year April 29, 2024 "Whilst the green shoots of recovery can be seen, companies cannot afford to ignore the warning signs and rely on economic resurgence," Jo Robinson, EY-Parthenon Partner and UK&I turnaround and restructuring strategy leader said.
Digital pound could make Treasury billions from seigniorage revenue April 29, 2024 "The government looks set to receive a significant windfall from the introduction of a digital pound in the coming years, which doesn’t seem to have yet factored into debates over ‘fiscal headroom’," Simon Youel, author of the research said.
UK pothole crisis costs £14.4bn every year from longer journey times and vehicle damage April 29, 2024 The bulk of the economic cost comes from longer journey times as nervous motorists attempt to limit the damage to their cars.
FCA defends ‘name and shame’ plans after City backlash April 29, 2024 The Financial Conduct Authority (FCA) has launched a robust defence of its plans to ‘name and shame’ companies under investigation today after a fierce backlash against the proposed changes in recent weeks.
The UK and the UAE must work together to beat climate change April 29, 2024 With an enabling regulatory environment, a world-class legal system, multifarious global connections and access to incredible talent and skills, the Square Mile is perfectly placed to help the Gulf nations achieve their green ambitions
Time to celebrate one of London’s overlooked success stories April 29, 2024 The decline of London’s equity market has dominated the headlines, obscuring what has been one of the City’s great success stories.
FTSE 100 today: London markets set to extend rally; US Fed decision, Apple, Amazon earnings in spotlight April 29, 2024 Asian shares rose alongside their US counterparts, with Hong Kong equities extending a rally for the sixth straight day. The Japanese yen plunged below ¥160, but authorities did not intervene due to the holiday, while oil and gold prices dropped. The focus remained on upcoming earnings reports from tech giants Apple and Amazon, along with the Fed meeting and jobs data.
Microsoft’s UK revenue soars on success of cloud storage services April 28, 2024 Microsoft's UK revenue surged to over $8bn as it added 600 new staffers last year, according to new company filings.
Former Barclays boss Bob Diamond set to chair Tiktok rival Triller April 28, 2024 Former Barclays boss Bob Diamond is set to chair social media startup Triller, which has been backed by artists such as Snoop Dogg and The Weeknd.
