Looking forward to WIBF’s June virtual events May 17, 2021 Our personal excellence programme and workshops supports the ambitions and develops the skills of our members. Our easy-to-access programme offers support for all levels of experience, helping to guide talent and develop skills.” Our Thought Leadership team bring events highlighting hot topics and news stories affecting the financial services industry right now. You can hear [...]
Bitcoin price may be falling, but adoption is rising May 17, 2021 ryptoCompare data shows the price of Bitcoin (BTC) moved from around $57,000 to a $42,000 low before it started recovering.
Rishi Sunak does not back Joe Biden’s global business tax plan May 17, 2021 Rishi Sunak is withholding support for Joe Biden’s draft plan to implement a minimum 21 per cent global business tax rate, with the chancellor wanting more assurances on taxation on US tech giants. Sunak, who is chairing this year’s G7 meetings for finance ministers, has reportedly said he would only support a minimum tax rate [...]
The City is opening up even more, let’s all enjoy it May 17, 2021 Like the rest of the country, the City of London is feeling a sense of anticipation as England enters the third step of the Government’s roadmap to ease lockdown restrictions. The return of indoor hospitality and reopening of cultural institutions is a welcome return to normality that will help the Square Mile regain the exciting [...]
Weekend Read: Foreign investors flee Myanmar as regime strengthens grip May 16, 2021 Businesses have continued to bow out of Myanmar after the bloody coup has killed more than 750 people and seen over 5,000 arrested for protesting the military’s forced reign. Companies began to flee Myanmar in March, like Japanese beverage group Kirin which had a $1.7bn stake in Myanmar Economic Holdings Public Company Limited, a company [...]
Easyjet hires headhunters to steer search for new chairman May 15, 2021 Easyjet has hired headhunters to begin the search for the successor to chairman John Barton, who will step down next year. Sky News reported that the budget carrier had hired Lygon Group to conduct the search. Barton, who will step down next May after a full nine year term as the airline’s carrier, has been [...]
Waterloo & City Tube line to reopen from 21 June May 15, 2021 The Waterloo & City line will reopen on 21 June, Transport for London (TfL) confirmed today, having been shut since the first coronavirus lockdown. The underground line, which connects the commuter hub at Waterloo with the Square Mile, is a vital artery for many who commute into the office. Upon reopening, the Waterloo & City [...]
The future of the office – What will be the ‘new normal’? May 14, 2021 As we slowly contemplate a return to “normal” life following the disruption caused by the Government’s response to Covid-19, office-based employers are trying to figure out what that return looks like for their businesses. There is a real difference of opinion, both between sectors and in-sector, with some firms advocating that everyone should immediately return [...]
World Uyghur Congress hits out at City of London Corporation’s China stance May 14, 2021 A non-profit group representing the world’s Uyghur Muslims has accused the City of London Corporation’s bosses of siding “with oppressive Chinese forces” for not holding Beijing to account for its human rights abuses. The World Uyghur Congress sent a letter, seen by City A.M., to City of London Lord Mayor William Russell and the powerful [...]
FRP Advisory reports dip in insolvency jobs as government measures stave off corporate collapses May 14, 2021 FRP Advisory reported a drop off in restructuring appointments in the last financial year as government financial aid protected many businesses from collapse during the Covid pandemic. The professional services firm, which plans to pay a dividend for the year, said the number of insolvency appointments it secured in the last 12 months was down [...]