Fewer than half of City of London representatives sign diversity pledge January 12, 2020 Fewer than half of the City of London Corporation’s elected representatives have signed a pledge to increase diversity in the governing body. The Corporation’s voluntary Members’ Diversity Charter includes seven commitments to attract “a wider pool of talent” in order to “build a City built for the future”. Read more: City of London councillors call for associate guild to admit female members [...]
Bank of England’s Sam Woods warns of crackdown on the City January 12, 2020 Deputy Bank of England governor Sam Woods has warned the City that it could face a crackdown by regulators as they try to ensure the financial system remains safe a decade on since the financial crisis. Woods – who is chair of the BoE’s Prudential Regulation Authority (PRA) which oversees lenders and insurers – told [...]
Crypto AM Awards 2020 January 10, 2020 Crypto AM Awards 2020 The inaugural Crypto AM Awards celebrated innovation and excellence, by awarding those recipients working within AI, Blockchain, Cryptocurrencies, Digital Assets and Distributed Ledger Technology (DLT). Impressions from the day Winners of the Crypto A.M. 2020 Awards Community Enhancement Award – CryptoCompare Service Provider Award – CMS Law Enterprise Blockchain Award – [...]
Corbyn’s defeat won’t end the debate about capitalism January 10, 2020 The city, the wider business community and, indeed, our entire market economy may have escaped the ravages of Corbynism, but that doesn’t mean questions about corporate conduct or the nature of modern capitalism will fall away. Nor does it mean that business leaders and advocates of liberal, free-market economics should step back from addressing issues [...]
DEBATE: Could bringing back bonuses help make pay fairer? January 10, 2020 Could bringing back performance-based bonuses help make pay fairer? YES, says Giles Gibbons, chief executive of Good Business, an ethical strategy consultancy. News this week that FTSE 100 bosses earn a typical worker’s wage in just 33 hours angered people across the UK — something has to change. And counter-intuitive as it may seem, bringing [...]
City of London Corporation planning chief retires January 9, 2020 A chief council planner involved in some of the Square Mile’s biggest projects over the past three decades is retiring from the City of London Corporation. Chief planning officer Annie Hampson OBE was intimately involved with projects, such as the Gherkin, Millennium Bridge, the refurbishment of the Bank of England and the redevelopment of St [...]
Business needs weirdos and wild cards, too January 9, 2020 We need some true wild cards… super-talented weirdos.” That was the verdict of new Number Ten brain-in-chief, and occasional chief of staff, Dominic Cummings last week on who he wished to hire to transform the British state. His argument – in a blog that is best described as forthright – is that there are some [...]
City Moves for 10 January – Who’s switching jobs at Bazaarvoice, Time Out and Snaplogic? January 9, 2020 Today’s City Moves includes Bazaarvoice, Time Out and Snaplogic Bazaarvoice Digital marketing firm Bazaarvoice has announced the appointment of Keith Nealon as its new chief executive officer (CEO). In his new role, Keith will draw on over 20 years of experience with high-growth technology companies to help scale Bazaarvoice’s leadership position into new markets and [...]
New internal audit code of practice launched to help prevent corporate collapses January 9, 2020 A new code for internal auditors was launched today as an attempt to help prevent corporate scandals such as the collapse of outsourcer Carillion and cake shop Patisserie Valerie which went to the wall in January 2018 and 2019 respectively. The new code from the Chartered Institute of Internal Auditors was launched today following a [...]
BBC commercial arm ‘has more to do’ as streaming competition heats up January 9, 2020 The BBC’s commercial division must up its game if it is to fend off fierce competition from deep-pocketed streaming rivals, according to the public spending watchdog. In 2018 the broadcaster created BBC Studios by bringing together its commercial production and distribution arms into one distinct body. Read more: BBC ‘may not be sustainable’ in current [...]