Rail strike pain is National Express’ gain: Bumper coach bookings as Brits find ways to reach Wembley, Epsom and Beyonce May 31, 2023 National Express has seen a 30 per cent jump in travel bookings over the week of rail strikes, figures shared with City A.M. show, as passengers flocked from rail to coach to get around the country. The long distance bus and coach group, who operate around 1,500 journeys per day in the UK, warned “we [...]
Amazon workers planning walkout at US HQ after return-to-office mandate, layoffs and environmental concerns May 31, 2023 Amazon workers upset about recent lay-offs, a return-to-office mandate and the company’s environmental impact are planning a walkout at the company’s Seattle headquarters. The lunchtime protest comes a week after Amazon’s annual shareholder meeting and a month after a policy took effect requiring workers to return to the office three days per week. “We respect [...]
Spectacular froth in AI stocks, says top City strategist May 31, 2023 One analyst believes artificial intelligence represents the 'madness du jour' on global stock markets amid valuation spikes
CBI denies ‘toxic’ culture but no sign of government freeze thawing May 31, 2023 CBI's new boss says "misogynistic" accusations are inaccurate but acknowledges group has work to do to persuade its members
Ladbrokes-owner Entain likely to face “substantial financial penalty” after bribery investigation May 31, 2023 Entain said it could face a “substantial financial penalty” following investigations into its business practices in Turkey by the Crown Prosecution Service (CPS). The Ladbrokers owner said the offences under investigation at its Turkish facing business, which it held between 2011 and 2017, include breaching the bribery act. Entain admitted that “historical misconduct involving former [...]
CBI seeks legal advice on insolvency ahead of culture reboot announcement today May 31, 2023 THE embattled business trade body the CBI is expected to lay out a series of measures today which it hopes will allow it to put a sexual harassment scandal behind it. The CBI, Britain’s biggest business trade body and for decades a mouthpiece for the country’s largest businesses, has been hit with a wave of accusations in recent [...]
Revealed: KPMG slashes UK bonuses as dealmaking drought hits fees May 31, 2023 KPMG has slashed the bonus pool of its UK workforce and reined in commission for salespeople as its profits falter amid a slowdown in the dealmaking environment this year, City A.M. has learned.
Ben Elton interview: Woke comedy and the scourge of individualism May 30, 2023 In a rundown rehearsal room opposite a housing estate in Oval, Ben Elton is spilling political truths in sharp, disarmingly blunt sentences. He’s been talking for almost fifteen minutes, nearly half the time I have with him, but I’ve barely asked him a question. Aged 63, Elton still fizzes with energy. He talks on three [...]
ESG360° May 30, 2023 ESG360° is the corporate portal for creating, executing and tracking company-wide ESG strategies. We support large companies in collecting and analysing primary value chain data to facilitate informed decision making for effective risk mitigation and to capitalise on opportunities. Events: Innovation Zero Conference London, May 24th – 25th 2023 The ESG360° team are attending Innovation [...]
Covid inquiry legal battle looms for ministers over Boris Johnson WhatsApp requests May 30, 2023 Ministers could be set for a legal battle with the Covid-19 inquiry over the requested release of unredacted WhatsApp messages and diaries belonging to Boris Johnson. The Cabinet Office has until 4pm on Tuesday to respond to the request from Lady Hallett’s official inquiry. There has so far been little sign that ministers are set [...]