Mind Gym appoints new finance chief as new digital offering helps wipe out losses December 3, 2021 Workplace training provider Mind Gym said it had wiped out the losses it incurred in the last year and a half, after its financials had a rocky ride due to Covid lockdowns impeding on its face-to-face offering. The group also announced the appointment of Dominic Neary – previously a finance chief at Just Eat and Moneysupermarket.com [...]
Wickes lifts profit forecast to £83m beating analyst expectations December 3, 2021 Wickes has announced it expects fully year profits to reach £83m beating the upper range of analyst forecasts at just £75m.
Omicron invades US as new Covid variant rears its head in New York, Colorado, Minnesota, California and Hawaii December 3, 2021 US authorities are on high alert as the new Coronavirus variant, the Omicron mutation, has been discovered in at least five states. The Covid-19 variant had been undetected in the US before the middle of this week. A Colorado woman who had recently travelled to southern Africa, a Hawaii resident with no recent travel history [...]
City Moves: Who’s switching jobs in the Square Mile today? December 3, 2021 City A.M.’s Millie Turner provides a roundup of the most important hires and job moves across the City, every morning. Email citymoves@cityam.com to be featured. Akin Gump US law firm Akin Gump has hired a partner to the firm’s London office who will work closely with the private equity and corporate M&A teams. Stephen Brown, who will also work with the tax team in the [...]
Disability in the corporate world: Challenging and championing perspectives December 3, 2021 ICAS highlights the need to champion the rights and wellbeing of disabled people on International Day of Persons with Disabilities (IDPD). There are 14.1 million disabled people living in the UK. Despite protections under law, disabled people still face widespread prejudice, intentional or otherwise, across all facets of society. Statistics compiled by disability equality charity [...]
Liberal Democrats call for £5.5bn-a-year tax cuts for small businesses December 2, 2021 The Liberal Democrats are calling for Rishi Sunak to bring in a package of tax cuts for small businesses that would be worth up to £5.5bn-a-year. Party leader Ed Davey said “Boris Johnson must be living on another planet” if he thinks his government’s planned tax rises, which will increase the country’s tax burden to [...]
City’s nitrogen dioxide dropped 42 per cent in five years December 2, 2021 The levels of nitrogen dioxide (NO2) in Square Mile have dropped 42 per cent since 2016. Figures from the City of London Corporation – which were later confirmed by air quality monitors such as Beech Street and the Aldgate School – revealed a year-on-year improvement over the last five years, as a result of air [...]
BHP’s board approves plans to leave FTSE 100 and scrap dual-listed share structure December 2, 2021 BHP Group’s board has approved proposals to scrap its dual-listed share structure, and leave the FTSE 100 ahead of a shareholder vote next month.
Jack Dorsey’s Square prepares to change its name to Block December 2, 2021 Twitter founder Jack Dorsey has announced that tech company Square will be renamed as Block, hinting at a push into blockchain technology.
Lord Rothermere raises final offer in Daily Mail privatisation push December 2, 2021 Lord Rothermere has upped his offer to shareholders as he seeks to privatise the Daily Mail Group Trust (DMGT).