New climate action course will help City SMEs go net zero September 30, 2021 Applications have opened for a free course aimed at helping small and medium-sized businesses in the City of London play their part in tackling global warming. The course – Climate 4 SMEs: 4 Steps to Action – is open to businesses of between nine and 249 employees which are either based in or operate in [...]
Exclusive: Many finance leaders in the City have zero faith in Net Zero targets September 30, 2021 With COP26 just around the corner, there’s a pessimistic outlook among many UK financial services business leaders about hitting targets, with more than one in four believing the sector won’t hit Net Zero by 2050. Over a third of this group say there is simply insufficient global support to make the UK financial service sector [...]
Lloyds Bank picks Wicks to fuel capital’s recovery September 30, 2021 Interview with Lloyds Bank’s new regional director for London SME and mid-corporate. As the capital starts to emerge from the disruption caused by Covid-19, what kind of financial shape are its businesses in? “We’ve seen countless examples of firms showing incredible resilience and innovating in order to survive,” says Becci Wicks, in conversation with City [...]
Small businesses will bear the burden of climate costs and reap few rewards September 30, 2021 Climate is Covid on steroids, so says Mark Carney, the former Governor of the Bank of England. While the world has grappled with, and seemingly started to defeat, this coronavirus pandemic, the next challenge is going to be even harder. The upcoming Cop26 conference in Glasgow is a bellwether moment for the fight against global [...]
Small businesses will bear the burden of climate costs and reap few rewards – CityAM : CityAM September 30, 2021 Climate is Covid on steroids, so says Mark Carney, the former Governor of the Bank of England. While the world has grappled with, and seemingly started to defeat, this coronavirus pandemic, the next challenge is going to be even harder. The upcoming Cop26 conference in Glasgow is a bellwether moment for the fight against global [...]
Staycations could inject over £9bn into economy September 30, 2021 A continued demand for staycations could see more than £9bn injected into the UK’s tourism economy. Barclays estimated that, should a preference for UK holidays continue at the same rate in 2022, it would add up to £9.2bn to the domestic tourism market. While many Brits will be eager to swap Cornwall for Portugal next [...]
Scrap post-Brexit visa rules to attract top brass to City September 30, 2021 The City is grappling with barriers to attracting the globe’s top financial talent as a result of overly-burdensome post-Brexit immigration rules. So says the City’s chief lobby group, The CityUK, which has today called on the government to waive visas for highly skilled workers entering the UK to do short term work in the financial [...]
Thousands of UK businesses at risk of insolvency from this week, City auditor warns September 29, 2021 Thousands of UK businesses that have struggled during the pandemic are at risk of collapse as the government ends its temporary insolvency measures this Friday, a top audit lawyer has warned. From Friday, the Government is phasing out its restrictions on winding-up petitions, meaning lenders and creditors can once again legally seek to liquidate a company [...]
Editorial: Go-Ahead’s cock-up doesn’t look good for anybody September 29, 2021 If ever a news story could capture a nation’s mood, the shooting of a stunning, rare white stag by police in Merseyside yesterday, apparently against the RSPCA’s advice, seems to sum up a general feeling of melancholy sweeping the shires. The stag, we are informed by the powers that be, could have become a menace [...]
City Moves: Who’s switching jobs in the Square Mile today? September 29, 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. Lloyds Bank Lloyds Bank has appointed a new Regional Director for its London SME and mid corporate team, a role focused on bolstering businesses in the capital. With more than 15 years’ experience in financial services, Becci [...]