Worst corporate jargon of the week: COP November 23, 2023 Offender: (Can you get that to me by) COP? What does it mean? Close of play. What that means is another matter entirely. Used in an email: Can you get that to me by COP? Who uses it? The origins of this linguistic blip can be traced back to the gilet-wearing squadron who live and [...]
‘Market and regulatory tailwinds’ boost XPS Pensions amid Hunt’s reforms November 23, 2023 XPS said it could benefit from Chancellor Jeremy Hunt's plans to consolidate the UK's fragmented pension market.
Lloyd’s chair: This Bazball fan thinks the City needs to play with more risk November 23, 2023 Charlie Conchie interviews the biggest names in the City. This week it's MCC and Lloyd's of London Chair, Bruce Carnegie-Brown.
Autumn Statement: 110 measures for growth and an election speech from Hunt November 22, 2023 Only seven weeks ago, Jeremy Hunt swore now was not the time for tax cuts. Now he is army Rishi Sunak with a manifesto of economic promises, writes Sascha O'Sullivan
‘Largest business tax cut in modern British history’: Hunt makes full expensing permanent November 22, 2023 Jeremy Hunt has confirmed British firms are set to benefit from “the largest business tax cut in modern British history” as he announced full expensing would be made permanent.
Banks profiting from rate rises boost luxury concierge firm Ten Lifestyle November 22, 2023 UK banks profiting from soaring interest rates has helped boost earnings at luxury concierge platform Ten Lifestyle to record levels, the firm said today. The firm, which counts Coutts and St James’s Place as clients, works with a host of corporate customers to help organise everything from hotel upgrades to reserving tables at top restaurants. [...]
Sam Altman retakes OpenAI throne – four days after being sacked November 22, 2023 OpenAI - the firm behind the ChatGPT phenomenon - has restored Sam Altman as its CEO, just days after sacking him.
Sustainable or Suspect November 22, 2023 Investors worldwide are increasingly questioning the reliability of companies’ sustainability performance metrics, with a growing wariness of potential greenwashing tactics. A recent Global Investors Survey by PwC discovered a consensus among 94% of investors, that corporate reporting on sustainability performance contains unsupported claims (an increase from last year). Yet investors continue to deem sustainability as [...]
‘Commercially, we’re bigger than any one player’: PSG on life after Messi and Neymar November 22, 2023 The French giants are banking on brand value to keep breaking revenue records.
The Notebook: Susannah Streeter on Jeremy Hunt, Dua Lipa and the advent of the YIMBYs November 22, 2023 In today's Notebook, Susannah Streeter talks the autumn statement, the NIMBY-YIMBY pipeline and the need for ISA reform.