Ex-Barclays GC takes bank to court January 27, 2021 Judith Shepherd, a former general counsel at Barclays Capital, has filed a claim against her ex-employer in the High Court. Fox Williams, acting on behalf of Shepherd, lodged a claim in the Commercial Court on 22 January against Barclays PLC, Barclays Bank and Barclays Execution Services, The Lawyer reported. Law firm Simmons & Simmons has [...]
Barclays boss Jes Staley: working from home ‘not sustainable’ as collaboration and culture take a hit January 26, 2021 Barclays boss Jes Staley says working from home 'not sustainable' as collaboration and culture take a hit
UK sustainable finance bond issuance climbs to £10bn in 2020 January 25, 2021 UK sustainable finance bond issuance hit a record of £10bn in proceeds last year, raising double of what was raised in a far less turbulent 2019, Refinitiv data found. The UK ranked sixth in Europe and ninth in the world for sustainable finance issuance, achieving multiple record highs thanks to sovereigns, multilaterals and banks pushing [...]
Banks claw back fraudulent bounce back loans January 24, 2021 High street banks are scrambling to claw back emergency coronavirus loans linked to suspected fraud. Banks including HSBC, Barclays, Natwest and Lloyds are among those that have started to freeze accounts over fears that government-backed bounce back loans have been obtained fraudulently. They have reclaimed up to £50,000 from customers, according to the Mail on [...]
Dr Martens to announce cornerstone investors in £3.5bn London listing January 24, 2021 Iconic footwear brand Dr Martens will launch a £3.5bn London listing tomorrow, with the retailer’s top management set to pocket multimillion-pound payouts. Dr Martens is expected to announce tomorrow that it has secured cornerstone investors when it publishes the prospectus for a share sale ahead of the initial public offering (IPO) next month, The Sunday [...]
London Stock Exchange mulls £300m Covid rescue fund January 23, 2021 The London Stock Exchange is plotting a £300m listed investment vehicle aimed at offering much-needed support to companies hit hard by the pandemic. David Schwimmer, LSE chief executive, has led talks with top City figures and Treasury figures about establishing an investment trust that would list on the index. It is understood the vehicle, dubbed [...]
Dr Martens confirms plans to float on LSE January 18, 2021 Dr Martens has confirmed it intends to float on the main market of the London Stock Exchange, with admission currently expected in early February. The company intends to apply for admission of the shares to the premium listing segment of the Official List of the Financial Conduct Authority, and to trading on the London Stock [...]
Prime Minister Boris Johnson scraps ALL travel corridors for UK arrivals January 15, 2021 All travel corridors with the UK will be suspended for the next four weeks, the Prime Minister has announced, as ministers scramble to prevent new mutations entering the country. Speaking at today’s Downing Street press conference, Boris Johnson said all countries will be removed from the quarantine-free travel list from 4am on Monday morning. Travellers [...]
Covid mutations: what we know so far January 15, 2021 A Brazilian variant of coronavirus has arrived in Britain, one of the UK’s leading scientists announced this morning. Speaking during a Science and Media Centre briefing, Professor Wendy Barclay said: “There are two different types of Brazilian variant and one of them has been detected in the UK.” Transport secretary Grant Shapps this morning insisted [...]
Breaking: Brazil Covid mutation already in the UK January 15, 2021 A Brazilian variant of coronavirus has arrived in Britain, one of the UK’s leading scientists announced this morning, as the government unveiled a new research group to study the various Covid mutations. Speaking during a Science and Media Centre briefing, Professor Wendy Barclay said: “There are two different types of Brazilian variant and one of [...]