‘Bond market tantrum risks’: Gilt traders brace for Labour leftward pivot as Starmer future uncertain
City Moves: Who’s switching jobs in the Square Mile this week? January 20, 2022 City A.M.’s Millie Turner provides a roundup of the most important hires and job moves across the City, every morning. Email citymoves@cityam.com to be featured. 11:FS Challenger consultancy 11:FS has bolstered its global advisory team with a new senior financial services executive. Maurício Magaldi, who has previously worked at IBM and HSBC, will help fintech firms and banks build their cryptocurrency strategies. “I’m thrilled [...]
AA goes against vaccine sceptics, slashing sick pay for unvaccinated staff January 19, 2022 The AA is slashing extra sick pay for unvaccinated staff that needs to self-isolate following a Covid contact. In an email sent to its 7,000 workers, the AA said that unvaccinated workers who don’t have a medical exemption, will not get sick pay if they have to quarantine, the Telegraph first reported. “All staff who [...]
The world in 2022: a map to global politics January 19, 2022 In 2022 the fault lines of global politics will be tested again. City A.M. and the British Foreign Policy Group chart the year ahead. If the pandemic taught us anything, it is the deep ramifications that one country’s domestic politics have globally. From the future of the French President to continual Chinese aggression, here we [...]
Motor Fuel Group’s owner kicks off £5bn selling plans January 18, 2022 Motor Fuel Group’s (MFG) owner Clayton Dubilier & Rice (CD&R) has kicked off plans to sell the UK’s biggest independent forecourts operator, Sky News first reported. The private equity firm CD&R has invited this week investment banks to bid for a mandate to sell the company, which could be valued at £5bn. The forecourts operator’s [...]
Australia cancels Novak Djokovic visa as minister tells tennis star to get out January 14, 2022 News is coming in from down under is coming in that Novak Djokovic has had his Australian visa cancelled for a second time. The world number one had been waiting since a judge overturned the original decision on Monday to find out whether Immigration Minister Alex Hawke would use his powers to reimpose the penalty. [...]
Novak Djokovic drawn against fellow Serb Miomir Kecmanovic in Australian Open but visa uncertainty continues January 13, 2022 Earlier this morning Novak Djokovic was drawn against fellow Serb Miomir Kecmanovic as uncertainty continued over whether he will be allowed to compete in the Australian Open. It appeared a decision from Immigration Minister Alex Hawke could be imminent when the draw was postponed from 3pm (4am UK) at the last minute and without explanation. [...]
Allegations Novak Djokovic lied about travel history before coming to Australia as questions emerge over tennis star’s declaration form January 11, 2022 The declaration form Novak Djokovic filed to travel to Australia is under scrutiny following allegations he may have answered incorrectly. On the form, filed on January 1, Djokovic answered “no” to the question: “Have you travelled, or will you travel, in the 14 days prior to your flight to Australia?”. Djokovic flew to Melbourne from [...]
Novak Djokovic faces arrest and deportation despite winning visa appeal ahead of Australian Open: Govt considering use of ‘personal power’ January 10, 2022 World number one men’s tennis player Novak Djokovic has won an appeal against a decision to refuse him a visa in the Federal Circuit Court of Australia ahead of the Australian Open. Judge Anthony Kelly quashed the visa cancellation and ordered the Australian Government to pay legal costs and release Djokovic from detention within half [...]
Morrisons loses ‘use-by’ date to fight food waste January 10, 2022 Morrisons has announced it will lose the ‘use-by’ date from 90 per cent of its milk bottles as a way to better fight food waste. Instead of abiding by the ‘use-by date’, from the end of January the supermarket chain will ask customers to sniff the milk and see if it’s still drinkable, urging shoppers [...]
Asda forgoes British beef pledge for cheaper Irish imports January 7, 2022 Asda has ditched its 100 per cent British beef pledge in favour of cheaper, Irish exports, prompting backlash from farmers. The pledge was just three months old before the supermarket chain reeled back on the ambition after prices rose in the UK. “Whilst we continue to work hard to keep prices as low as possible [...]