City boss pays staff in gold to beat inflation: ‘Makes no sense to pay them in pounds’ May 15, 2022 Staff at a financial services firm in the City of London have been offered the possibility to get paid in gold rather than pounds and pence — to help them keep ahead of inflation. TallyMoney CEO Cameron Parry is understood to be the first employer in the country to trial a gold payroll, though other [...]
Nigel Wray: Youthful enterprise will power British economy May 15, 2022 ONE OF the City’s leading entrepreneurs and investors reckons Britain will ride out economic headwinds thanks to a burst in enterprise amongst the younger generation. Nigel Wray, associated with high profile names like Domino’s Pizza and Simba Sleep and well known in rugby circles for his leadership of Saracens, told City A.M. today that he [...]
Education Secretary: Top universities shouldn’t ’tilt the system’ in favour of state school kids May 14, 2022 The Education Secretary has defended the UK's private school system, stating that we should be "very proud" of it and said top universities should not "tilt the system" to benefit state school students.
Everything for a fiver: Discounted sportswear flies off market stall in Gymshark pop up stunt May 13, 2022 Gymshark’s boss surprised Londoners at a market this afternoon by selling the Gen Z sportswear company’s products at a hefty discount. Long queues were pictured at the Lower Marshes market near Waterloo on Friday afternoon, after leisurewear fans caught wind of the publicity stunt. All products were sold for £5 at the market with Gymshark’s [...]
Championing hidden talents, powering purpose, benefiting society May 13, 2022 Genuis Within celebrated its 10-year anniversary last September by publishing a report on its decade of progress. Founded by Dr Nancy Doyle, an Occupational Psychologist and now Genius Within’s Chief Research Officer, it’s a social enterprise dedicated to facilitating neurodiversity inclusion through consultancy, talent assessment, workshops and coaching for businesses. It works with government, business, [...]
Credit inclusivity must go beyond buy now pay later to cater for those in need of access May 13, 2022 Credit has a huge inclusivity problem in the UK. It’s encouraging to see buy-now-pay-later (BNPL) firms make moves to share their data with credit referencing agencies (CRAs) ahead of regulatory deadlines. However, there’s much more to be done to help millennials improve their credit, and a real risk in advising consumers to increase BNPL usage [...]
Grainger: UK’s largest listed landlord sets aside £9.2m for fire safety remediation May 12, 2022 The UK’s largest listed residential landlord has taken a £9.2m provision to fix historic fire safety defects. The build-to-rent developer was not asked by the government to sign up to the building safety pledge, however reviewed its estate in a similar fashion. Speaking to CityA.M., CEO Helen Gordon said the company had “mirrored” housebuilders and [...]
Times to make more News for Hewitson May 10, 2022 HAPPY Valley hosts another competitive nine-race programme today, and punters must be hoping for better fortune than they’ve had in the past week. With only two favourites obliging from 19 races at the last two meetings at Sha Tin, it’s safe to say bettors will have been left wondering where their next dollar was coming [...]
Andy Warhol’s iconic Marilyn Monroe portrait sold at auction for record £158m May 10, 2022 Andy Warhol’d iconic portrait of Marilyn Monroe has been sold at auction in New York for a record-breaking £158m. The artist’s ‘s ‘Shot Sage Blue Marilyn’ notched up $195m (£158m), making it the most expensive 20th entry artwork ever to sell at auction with Christie’s. The piece attracted bidders from 29 countries with additional highlights [...]
Top Gun: Easyjet launches recruitment campaign to tackle job stereotypes May 10, 2022 Easyjet has launched a new recruitment campaign to attract more young girls to the industry, as only 6 per cent of pilots worldwide are women. To encourage more girls to consider a piloting career as something within their reach, the airline produced a parody of the 80s blockbuster film Top Gun, replacing Tom Cruise and [...]