Credit Suisse’s scalped chairman lays bare the new rules of post-purpose business January 18, 2022 Perhaps it’s time for an amnesty. All those in prominent positions in public life who flouted a lockdown rule here or there should fess up in return for a short, sharp rebuke from Sue Gray and no further repercussions. No doubt the prime minister would welcome such a resolution. But it would come too late [...]
The future of tax in the UK, an expert view January 18, 2022 This article first appeared in ICAS’ CA magazine. Young businesses have the potential to drive post-pandemic recovery – but is the UK’s ageing tax system a help or a hindrance to entrepreneurs? Fraser Allen asks four experts to share their thoughts Earlier this year, the Institute for Fiscal Studies published a blunt assessment of the way [...]
Corporate standards might be well noted down the road in Whitehall January 17, 2022 A mischief-making tweeter last week asked whether a CEO caught in breach of lockdown restrictions would be given the same second chance that Boris Johnson seemingly has been given by his party. The answer came yesterday – when Antonio Horta-Osorio stepped down as Chair of Credit Suisse after two ill-advised quarantine breakouts. Whatever the ins [...]
The City View: January 17: Credit Suisse and the BBC January 17, 2022 In this episode, Andy Silvester discusses the latest scandal at Credit Suisse, proposed changes at the BBC and a week’s worth of inflation data.
London-based Juro snags $23m in Series B funding round January 17, 2022 Legal tech contract Juro has snagged $23m (£16.8m) in its latest Series B funding round, led by the backers of Alibaba and Cazoo. The London-based contract automation platform, whose existing investors include Wise co-founder Taavet Hinrikus, is set to use the extra capital to scale up the business. The latest investment brings Juro’s total raised [...]
Sweat is weakness leaving the body: Europe’s highest gym launches in City’s new 22 Bishopsgate skyscraper January 17, 2022 Europe’s highest gym will soon be in the Square Mile as fitness operator BXR London told City A.M. this afternoon it is moving in on the 25th floor inside the new 22 Bishopsgate tower. The BXR City branch will also contain one of the highest climbing walls in the world when it will open next [...]
Coinweb and Coldwell Banker join forces with mission to enable mainstream real estate tokenisation January 17, 2022 Development has already begun on the platform, with a product release in beta planned for Q3 2022, from the joint project between Coinweb and Coldwell Banker.
What should you look out for ahead of Q4 US earnings season? January 17, 2022 US reporting season US earnings season started the week beginning the 10th of January, 2022 and will stretch until the middle of February. What are profits looking like? The S&P 500 is tipped by analysts to deliver another robust quarter of earnings growth. According to financial data company FactSet, the market ought to deliver earnings growth of [...]
How could you invest to beat inflation? January 17, 2022 With rising inflation, many are starting to see how investing their money can lead to better returns. On New Year’s Day, many kickstart January with a New Year’s resolution. Some give up chocolate, while others exercise more. A few take up a new hobby. But a handful resolve to spend less and save more money. [...]
FCA chief operating officer Stephanie Cohen to step down January 17, 2022 The City watchdog’s chief operating officer Stephanie Cohen will step down later this year for personal reasons. BlackRock veteran Stephanie Cohen joined the Financial Conduct Authority in 2021, but an internal email seen by City A.M. informed staff this morning that she would be moving on “later this year.” Cohen was one of a series [...]