Exclusive: Business chiefs call for long-term TfL funding to support return to work June 25, 2021 The government must agree a sustainable long-term funding deal for Transport for London (TfL) to help support the capital’s post-pandemic recovery, business chiefs have urged. In a new report seen by City A.M., lobby group London First said maintaining public transport services in the capital was “vital” in rebuilding confidence and supporting the shift to [...]
Bank expects inflation to breach target and shoot above three per cent June 24, 2021 Bank of England expects inflation to breach target and shoot above three per cent
Current institutional approach to decentralised finance (DeFi) June 23, 2021 Rob Gaskell of Appold takes a detailed look at the effects of institutional interest in decentralised finance.
UK remains Europe’s most attractive spot for financial services investment June 21, 2021 The UK continues to be Europe’s most attractive location for international investment into financial services, however the gap with France – the second largest recipient of investment – has narrowed. In 2020 the UK secured 49 foreign investment projects in financial services, just 14 per cent more than France, and considerably less than the 99 [...]
France targets City of London firms in post-Brexit ‘Choose France’ push June 20, 2021 French President Emmanuel Macron has began a new push to bring City of London firms to Paris post-Brexit. JP Morgan chief Jamie Dimon and Goldman Sachs boss David Solomon have been invited to Macron’s “Choose France” event at the Palace of Versailles on 28 June, where the President will try to make the case for investment in [...]
Deloitte tells staff they can work from home forever June 20, 2021 Staff working at Deloitte will be able to work wherever they want when Covid restrictions are eased and work from home guidance is scrapped. Staff at the Big Four firm will not be obligated to work from the office for a minimum number of days per week, as has been a typical response of Deloitte’s [...]
Worth the commute: 9 out of 10 want hybrid working paired with an improved office June 14, 2021 Nine out of ten UK workers want the option to work remotely once offices reopen, while the same proportion desire a better office set-up when they do go in, new research today suggests. Data from OpenSensors, a workplace technology company, shows that a similar proportion of workers (90.5 per cent) are being offered the option [...]
Big Four lobbying may dilute Government’s audit reform, says ex-accounting watchdog June 14, 2021 Big Four lobbying will dilute Government's audit reform, says ex-accounting watchdog
Pride 2021: Businesses must encourage their employees to bring their whole selves to work June 9, 2021 Being an ally by always calling out bad behaviour and supporting all of our colleagues – no matter who they choose to identify as – is so important, not only in work but in life.
Domestic M&A retreats in first quarter after dealmaking wave at the end of 2020 June 8, 2021 Domestic UK M&A fell in the first quarter of 2021 after a flurry of dealmaking towards the end of 2020. During the first quarter, domestic M&A – where UK companies acquire other UK companies – was worth £3.8bn, a decrease of £5.3bn from the previous quarter last year, according to figures published by the Office [...]