The Big Four: brace yourself for the legislative changes affecting business in 2022 January 11, 2022 An old proverb says the best time to plant a tree was 20 years ago – but the second best time is now. This year is set to see significant regulatory changes with real consequences for UK financial and professional services. Many firms will have been preparing for them for months, if not years. Some [...]
Call to action: more women in top executive jobs means better business January 11, 2022 For the first time, women now hold most non-executive director roles in the UK’s top companies. This is heartening news, but it’s not enough. We need more female executive directors – the doers – with a seat at the table as well as a better pipeline for young talent to get there. The demonstrable increase [...]
IoD Chief Economist Kitty Ussher on how the UK can balance the books January 11, 2022 This article first appeared in ICAS’ CA magazine. We emerge from the pandemic with cautious optimism – and a huge fiscal hangover. How do we balance the books and what role can CAs play in supporting the economy’s nascent recovery? IoD Chief Economist Kitty Ussher shares her thoughts Kitty Ussher is sitting in a meeting room at the [...]
There’s nothing wrong with plain speaking… January 10, 2022 ONE COMPLAINT of business journalists is that some chief executives, drilled to within an inch of their life by a phalanx of corporate communications professionals, have on occasion been known to not perhaps be the most interesting interview subjects. It’s understandable: one doesn’t get to the top of corporate behemoths, as a rule, by shooting [...]
Santander lures Barclays veteran Jane Galvin away from HSBC in banking war for top talent January 10, 2022 Santander UK announced this morning the appointment of Jane Galvin as Head of Corporate Clients within its Corporate and Commercial Banking (CCB) division. Galvin, a City heavyweight who made a name for herself during three decades at Barclays, will start at the beginning of February and will report directly to CCB head Tim Hinton. She [...]
Octopus Renewables continues expansion with three new electricity deals in Scotland, Sweden and Finland January 10, 2022 The renewable investment arm of Octopus Energy Group has signed three new corporate and utility power purchase agreements.
Morning snapshot: Your Daily Dose of pre-market news January 10, 2022 It’s Monday 10 January. Here is a quick overview of the stories that are making headlines this morning in the UK and around the world. UK POLITICS Cladding: Developers must agree a £4 billion plan to fix dangerous cladding on low-rise flats by early March or risk new laws forcing them to act, Housing Secretary [...]
As London passes the peak and transport reopens, could it really be a happy new year? January 10, 2022 London may be emerging from the worst of the new Covid-19 peak, with the capital’s public health boss saying London appears to be past the peak of infections and vital transport infrastructure kicking back into gear today. Professor Kevin Fenton, London’s public health director, said the data suggests “we may have passed or are at [...]
Atom Bank ‘committed’ to four-day week January 9, 2022 The boss of Atom Bank said yesterday he is “utterly committed” to the group’s new four-day working week after the move sparked a 500 per cent surge in job applications and boosted staff morale. Mark Mullen, chief executive of the digital lender, said that while it was “too early to declare victory”, results of the [...]
THG on warpath to prove collusion as firm hands City regulator data dossier January 9, 2022 E-commerce firm THG has given a dossier of data to the Financial Conduct Authority (FCA), in a bid to prove hedge funds and stockbrokers conspired to push its share price down. THG chief executive Matt Moulding believes a dossier of irregular stock market trading and short-selling data will prove collusion against his company, according to [...]