Discover the wonders of the Wiltshire Wine Trail July 20, 2021 Stonehenge has a rival tourist attraction. The newly-opened Wiltshire Wine Trail takes you to three vineyards in the ancient county – Bluestone, a’Beckett’s and Whitehall. All offer tastings, tours and some wonderful names for wines. Paul Langham headed the national English and Welsh wine trade body for many years and now his a’Beckett’s vineyard in [...]
Regulation and investors’ demands push fund managers towards ESG July 20, 2021 Regulatory imperatives and investor demand are driving an increased focus on environmental, social and corporate governance (ESG) principles, according to a PwC report published today. The study found that three-quarters of the fund managers questioned – holding £15.5 trillion in assets – are being influenced by investors and policymakers to drive sustainability outcomes. Regulation 76 [...]
BBC Three relaunch faces delay as Ofcom opens competition probe July 20, 2021 The BBC’s plans to relaunch BBC Three as a traditional TV channel have been put in doubt after Ofcom said it would launch a full competition investigation into the proposal. Earlier this year the public service broadcaster said BBC Three would return to screens six years after it was made online-only as part of a [...]
‘What I Know Is…’: black professionals share their experiences July 20, 2021 One of the main reasons for the under-representation of black professionals in investment management is the lack of knowledge and information about joining the investment profession and the opportunities that it can deliver. For the financial sector which is increasingly focused on sustainability and where corporates are increasingly rewarded for good ESG policies, ensuring that [...]
BlackRock flexes shareholder muscle and ups votes against company management July 20, 2021 The world’s largest asset manager has toughened its stance on corporate governance and increased its votes against board proposals and executive pay at large public companies worldwide. In its quarterly stewardship report published on Tuesday, BlackRock said it voted against management on 33 per cent of “say-on-pay” proposals in European companies in the year to [...]
New creative projects will help power City’s COVID recovery July 20, 2021 Five creative schemes designed to help the Square Mile recover from the pandemic have been given the green light today. Under the plans, businesses and creatives will work together to animate shops, offices and foyers across the City with art, boosting footfall and attracting people back into the Square Mile. Young people will learn new [...]
Study: Private equity and venture capital professionals work 56 hours a week during pandemic July 20, 2021 Working hours reportedly increased by 4 per cent on average between 2019 and 2020, according to a report by Movemeon.com and Payspective.com, shared with City A.M. this morning. Compiling 35,000 data points, the study was conducted before the second wave. It found that working hours increased by 8 per cent for private equity and venture [...]
Katie Hopkins deported from Australia over controversial quarantine behaviour July 19, 2021 British right-wing commentator Katie Hopkins will be deported from Australia for bragging about her plans to disobey hotel quarantine measures. On Friday, she joked about opening the door “naked with no face mask” to workers delivering her meals in an Instagram Live recorded from her Sydney hotel room. The post has since been deleted. Ms [...]
Space Jam: A New Legacy review – a messy Warner Bros advert July 19, 2021 You might think cinematic crossovers are a modern invention, but 25 years ago two icons of entertainment met on the big screen. At the peak of his popularity, Michael Jordan starred in Space Jam, his one and only film role, opposite Bugs Bunny and The Looney Tunes. The film was a box office hit, and [...]
Facebook and Amazon are losing the antitrust argument but are gambling on America’s broken politics to save them July 19, 2021 In recent weeks, Amazon and then Facebook launched legal challenges against Lina Khan, the new Chair of America’s antitrust regulator, the Federal Trade Commission. Both argued that Khan should step aside in any future investigation into competitive practices and any possible pursuit of a Big Tech breakup. Rather than offering much criticism of the content of [...]