Labour: ‘Reckless’ Priti Patel breached ministerial code over meeting with billionaire Tory donor September 12, 2021 Labour has accused the Home Secretary of being “reckless” and a “serial offender” in breaching the ministerial code after allegations involving a meeting between a billionaire Tory donor and British Airways. The Sunday Mirror reports today that Priti Patel arranged a meeting on 11 August at Heathrow Airport’s Hilton Garden Inn, which is part of [...]
Exclusive: We are benefitting hugely from Brexit, says Estonia’s prime minister September 11, 2021 Brexit has led to around 4,000 UK companies setting up shop in the EU-member state of Estonia, mostly by registering for the country’s much-talked about e-residency scheme. Kaja Kallas, Estonia’s prime minister since January 2021, told City A.M. this morning that her country is benefitting hugely from Britain’s departure from the European Union. “When the [...]
Back to school in the City: Lessons for a CEO from M&A to COP26 September 10, 2021 It’s been back to school in the City this week, with the streets of the Square Mile once again flooded (if not quite packed) with people. On the surface, it may look similar to pre-Covid, as footfall ramps up and Transport for London reported the busiest month since March 2020. CEOs, however, cannot return to [...]
‘Hanging on a cliff’: how the pandemic pushed women to upskill online September 10, 2021 When the pandemic struck Adisa, a 41-year-old mother of two, was already struggling financially after being made redundant from her job of three and a half years. In lockdown, however, feelings of disappointment and fear quickly hardened into resolve. Like many women, both in the UK and worldwide, Adisa started an online course on leadership [...]
‘Hanging on a cliff’: how the pandemic pushed women to upskill online : CityAM September 10, 2021 When the pandemic struck Adisa, a 41-year-old mother of two, was already struggling financially after being made redundant from her job of three and a half years. In lockdown, however, feelings of disappointment and fear quickly hardened into resolve. Like many women, both in the UK and worldwide, Adisa started an online course on leadership [...]
Estimating figures: The new normal for tax September 10, 2021 ICAS has sent in its response to HMRC’s consultation on Basis Period reform, but what does it all mean for professional partnerships, seasonal businesses and others brought within the changes? And is there a wider application to the corporate sector? Priming the sat nav with the correct address for the final destination is a useful precaution even [...]
Exclusive: Experts weigh in on why more older people are exiting the workforce earlier September 9, 2021 The Department for Work & Pensions published a report this morning which showed that, over the past year, older people have been exiting the workforce earlier. Moreover, the employment rate of people aged 50-64 has also fallen slightly. City A.M. sought the views of six recruitment, HR and financial experts on why this is happening. Sarah Loates, [...]
Bottom-up ESG: New platform wants to give retail investor army voting power for £1 September 9, 2021 Tulipshare is targeting the next generation of shareholders by tapping into their booming interest in retail investment and demand for a corporate ESG overhaul. The new UK-based activist investment platform wants to enable individuals to “vote with their money” for change from the inside at Amazon, Coca-Cola and Apple by investing as little as £1. [...]
Barbican Centre: Architects invited to enter £150m transformation contest September 8, 2021 The Barbican Centre has launched a contest for a £150m transformation as part of the City of London’s plan to turn it into a cultural destination. Architects from around the world have been asked to submit proposals to transform the brutalist arts centre. It comes after the City of London Corporation killed off plans for [...]
Exclusive: City investors increasingly pay attention to ESG reporting and transparency September 8, 2021 Professional investors in the City and across the UK are expecting a greater focus on Environmental, Social and Governance issues in small and micro-cap companies, according to new data that was shared exclusively with City A.M. today. Just over 87 per cent of all investment managers MBH Corporation spoke to said they believe the focus [...]