UK airlines set to ask Treasury for extension to Covid loans December 12, 2021 Bosses from British Airways, Virgin Atlantic and easyJet are set to ask the Treasury to extend their Covid-19 loans and provide further economic help in light of new restrictions imposed by Boris Johnson last week. Chief executives from the three airlines will meet with civil servants at the Treasury today to discuss the proposals, after [...]
Credit Suisse wants access to staff personal mobiles December 11, 2021 Switzerland’s biggest bank has asked staff to allow their employer access to their personal mobile phones and other devices if used for work communication with clients or colleagues, according to reports. The controversial new policy by Credit Suisse has raised concerns about privacy, according to the Financial Times, which first reported the news. As the [...]
McLaren boss Zak Brown: ‘I can’t remember a F1 season more exciting than this one’ December 10, 2021 Sunday’s showpiece final Formula 1 race of the season will see either Max Verstappen or Lewis Hamilton crowned world champion and Red Bull or Mercedes win the constructors’ title. But a few spots behind the two current big hitters are McLaren Racing. A team with a longstanding F1 history is now in the hands of [...]
Lisa Tomkins CA on how Oxford Biomedica assisted AstraZeneca’s vaccine rollout December 10, 2021 This article first appeared in ICAS’ CA magazine. Lisa Tomkins CA, Senior Director Finance at Oxford Biomedica, tells Ryan Herman how the company assisted the vaccine rollout and is pioneering new treatments in gene therapy When Lisa Tomkins CA became Oxford Biomedica’s Senior Director Finance in February 2021, she suddenly received a deluge of LinkedIn alerts. Anyone [...]
Smile: Photo-Me’s shares soar after positive trading update December 10, 2021 Shares in booth operator Photo-Me have risen 3.45 per cent on the main market this morning after a glowing trade update.
Big Four auditors will be forced to share FTSE business December 10, 2021 Plans to force FTSE 350 companies to use challenger audit firms have been signed off by the business secretary as pressure for reform mounts, according to reports. Kwasi Kwarteng wants to push ahead with a proposal to break up the dominance of the Big Four accounting firms: Deloitte, EY, KPMG and PwC – and is [...]
Labour’s Rachel Reeves would support cut to UK basic rate of Income Tax December 9, 2021 Rachel Reeves has said she would support a 2p cut to the basic rate of UK Income Tax amid reports that Rishi Sunak is considering the measure. The shadow chancellor told City A.M. in a wide-ranging interview that she “would like to see the chancellor do it”, but described reports of Sunak’s potential tax cuts [...]
Train operator Go-Ahead admits to ‘serious errors and failures’ as shares suspended December 9, 2021 Train operator Go-Ahead Group has seen the trading of its shares temporarily suspended as it admitted to serious errors and failures in the way it ran the Southeastern rail franchise.
Expenses fintech Pleo rakes in $200m, tripling valuation to $4.7bn December 9, 2021 Fintech Pleo has raised $200m in an extended Series C round at a valuation of $4.7bn, hot on the heels of its last cash injection in July that saw it pass the unicorn threshold at lightning speed. Pitching itself as the “largest spend management company in Europe”, Pleo provides expense management subscriptions to businesses that [...]
PM Boris Johnson and wife Carrie announce birth of second child December 9, 2021 The Prime Minister and his wife Carrie have announced this morning the “birth of a healthy baby girl at a London hospital earlier today.” It is their second child, after boy Wilfred was born in 2020. This is a developing story and will be updated