Apple to sell spare parts so iPhone users can complete repairs from home November 17, 2021 Apple has announced plans to sell iPhone parts to the general public so that they can carry out their own repairs from home. At first the scheme will be rolled out to US iPhone 12 and iPhone 13 holders with the company confirming it has plans to expand the scheme to some Mac products and [...]
Soho House adds record number of sign ups to the waitlist November 17, 2021 The Membership Collective Group, which owns Soho House, saw its membership grow by 16,663 in the third quarter to stand at 144,503. As global lockdown restrictions lifted around the world this Summer applicants signed up to join the private members club in record numbers. The brand’s Houses, which are frequented by Victoria Beckham, Nicole Kidman and [...]
The Analyst: Disney becomes the mouse that squeaked November 17, 2021 Ian Whittaker has been a City analyst for more than two decades, and what he doesn’t know about media, advertising and the creative services industry isn’t worth knowing. Here’s his latest monthly column for City A.M. Disney’s shares fell over 7 per cent the day after it published poorly received full year results (Disney’s financial [...]
BA and American Airlines to offer business travellers free Covid tests November 17, 2021 British Airways (BA) has announced a collaboration with American Airlines and American Express to provide free Covid tests to business travellers flying between the UK and the US. “Ensuring corporate travellers have access to efficient, accurate testing is one of the key components to ramping up business travel across the trans-Atlantic corridor,” BA’s head of [...]
Decarbonisation is primary driver for transport investment, says DLA Piper November 17, 2021 Decarbonisation has become the primary driver for investment strategy in the transport sector. According to a report by law firm DLA Piper, 79 per cent of respondents from the railway industry believe decarbonisation a primary driver for their organisation’s investment strategy. Numbers go up when considering those working in the aviation and shipping industries, with [...]
Binance CEO calls for fundamental crypto rights November 17, 2021 Binance, the world’s largest crypto exchange by trade volume, has published a list of “fundamental crypto rights” as it faces increased regulatory pressure. Binance’s chief executive Changpeng Zhao, who goes by the name ‘CZ’, is signalling his support for greater crypto regulation with the publication of a list of guidelines which he hopes will underpin [...]
David Cameron resigns from Afiniti role after founder accused of sexual assault November 17, 2021 Former prime minister David Cameron has quit as chairman of the advisory board to the Afiniti software company after its multi-millionaire founder was accused of sexual harassment and assault. Afinit founder Zia Chishti is alleged to have left a 23-year-old employee with injuries after sex on a work trip to Brazil in 2017. The US [...]
FCA pushes back on union recognition demands November 17, 2021 The Financial Conduct Authority (FCA) has pushed back on union demands to give official recognition to Unite the Union as the representative of staff at the watchdog. The new Unite general secretary Sharon Graham wrote to the regulator’s CEO Nikhil Rathi ten days ago, alleging that “staff at the Financial Conduct Authority are flooding to [...]
Millions more Brits in debt as debt pile owed to HMRC balloons to £42bn November 17, 2021 Around 2.4m more taxpayers are in debt to HM Revenue and Customs (HMRC) as tax debt is at more than double its pre-pandemic levels, according to a spending watchdog. In fact, tax debt ballooned by £26bn between January 2020 and September of this year. Staffing levels at HMRC are unlikely to be enough to manage [...]
Prospect of watered down UK audit reforms draws criticism November 17, 2021 Audit groups and investors have warned the government that scaling back long-awaited corporate governance and audit reforms could lead to more corporate scandals, according to reports. In a letter to business secretary Kwasi Kwarteng, the chief executive of the Chartered Institute of Internal Auditors, John Wood, said stronger regulation of internal controls were fundamental to [...]