PA Awards 2021 November 8, 2021 Behind every great business person is an exceptional PA, EA or VA. City A.M. is once again celebrating those Personal, Executive and Virtual Assistants in a unique ceremony at Bob Bob Ricard in the heart of the Square Mile on Tuesday 7th December. This year’s event promises to be bigger and better than ever, with more [...]
Darktrace shares jump 10 per cent after broker says plunge driven by ‘fear not fact’ November 8, 2021 Shares in cybersecurity company Darktrace were up more than 10 per cent at midday on Monday after a fresh analyst note contradicted Peel Hunt’s “sell” analysis a fortnight ago and said the stock price plunge it provoked was driven by “fear not fact”. “Any share price capitulation is a result of fear not fact,” Berenberg [...]
Yü are welcome here: Ampoweruk’s customers rescued by independent supplier November 8, 2021 Yü Group is taking on over 8,000 customers stranded by Ampoweruk’s collapse last week. It has on-boarded the customers through Ofgem’s supplier of last resort process. They will join the firm on Sunday 7 November. Ampoweruk ceased trading last week alongside three other energy firms. The UK energy sector has been struggling with soaring wholesale [...]
Fossil fuel industry biggest delegation at COP26 with hundreds of sector reps flooding Glasgow November 8, 2021 The fossil fuel industry has a bigger delegation than any country, with hundreds of sector representatives accredited to the key climate talks in Glasgow. Analysis of the UN’s provisional list of named attendees suggests 503 delegates at COP26 who are either directly affiliated with fossil fuel companies or are part of country delegations but are [...]
Under-fire Liberty Steel owner Sanjeev Gupta faces French investigation November 8, 2021 French authorities are investigating Sanjeev Gupta’s business dealings, according to The Financial Times. Gupta is the chairman and CEO of GFG Alliance, which specialises in mining, industry and trading. The firm has been struggling with rising energy costs and the collapse of Greensill Capital which funded many of its acquisitions worldwide. The Paris Prosecutor’s Office [...]
Barclays, Innocent and Ecotricty named in new ‘sport for good’ index November 8, 2021 Barclays and drink maker Innocent are among five British companies to be named on the inaugural Laureus Sport for Good Index, which will be announced today. Energy providers Octopus and Ecotricity and renewable running shoe brand Hylo Athletics are the other UK companies on the global list of brands that deliver social or ecological impact [...]
Pay and conditions row at Weetabix heats up as workers start four-day strike November 8, 2021 From this morning, hundreds of workers at two Weetabix factories will launch four-day strikes in a dispute over pay and conditions. Members of Unite at the cereal firm’s Kettering and Corby factories have been on strike every Tuesday and Wednesday since September. The union claims engineers face cuts to their pay, terms and conditions, describing [...]
COP26: HSBC makes green push as it pumps £500m into new fund for SMEs across UK November 8, 2021 HSBC has launched a £500m Green SME Fund, the banking giant said. The new £500m fund is available for businesses with a turnover of less than £25m and will offer 1 per cent cashback on loans, starting from £1,000 to help SMEs invest in green activities, HSBC clarified. “This is the first green offering for small businesses with a [...]
Clear targets are needed to make the Square Mile a more inclusive workplace November 8, 2021 If you take a walk through the Square Mile’s streets you will see people coming together from a range of backgrounds, and will hear a vast spectrum of accents and languages. This diversity and openness are major assets for the City. They help create a melting pot of different ideas, encouraging innovation and an entrepreneurial [...]
Why every individual has a personal responsibility to act ethically November 8, 2021 All individuals must take personal responsibility for the important role they have to play in business and society. Individuals have personal values, guided by various factors throughout their lifetime; but, corporate entities also purport to have values defining the culture of the organisation. An individual’s personal values and behaviour will be influenced by peers and [...]