Bolt drivers strike over workers rights snub June 22, 2021 Drivers for ride-hailing app Bolt have this morning begun a 24-hour strike against the firm, saying that has failed to respect their rights as workers in line with the Supreme Court’s historic Uber judgement in February. The App Drivers & Couriers Union (ACDU), which called the strike, said that it believed Bolt drivers worked under [...]
Queen’s Birthday Honours: the full 2021 list June 12, 2021 Below the full list of names for this year ORDER OF THE BRITISH EMPIRE Knights Grand Cross of the Order of the British Empire (GBE) The Rt. Hon. Frederick Richard Penn Curzon, The Earl Howe. For political and parliamentary service. (Amersham, Buckinghamshire) ORDER OF THE BATH Knights Commander of the Order of the Bath (KCB) [...]
Serious Fraud Office encouraged ‘Machiavellian’ top City lawyer to leak client’s file, court told May 24, 2021 The Serious Fraud Office encouraged a “Machiavellian” top City lawyer to leak confidential information about his client while it was under investigation for alleged bribery, corruption and fraud, the High Court heard today. Eurasian Natural Resources Corporation (ENRC) is suing the SFO for alleged misfeasance in public office over an investigation into the Kazakh mining [...]
Brexit exclusive: UK-Norway trade deal close to collapsing as Christian-Democrats block pact to protect farmers from British beef and cheese May 24, 2021 A comprehensive free trade deal between the UK and Norway is at risk of collapsing as the Christian Democrat party fears such a pact would hit farmers in Scandinavia’s richest country too hard. The Christian Democrats party (Krf), part of the current coalition government, plans to block opening up the Norwegian market to British beef [...]
Beyond Pret sandwich sales, how do we measure the recovery of London? May 23, 2021 After more than a year of lockdown restrictions, words like “recovery” are thick in the air. Indeed, the Bank of England is forecasting annual growth of 7.25 per cent, the fastest rate since 1941; positive news, but it is not the most digestible statistic for much of Britain’s population. The most important benchmarks are ones [...]
US law firm eyes City skyscraper 22 Bishopsgate for new headquarters May 19, 2021 A US law firm is said to be eying up office space in the new 22 Bishopsgate skyscraper, marking a major show of confidence in the City after the pandemic. Skadden, Arps, Slate, Meagher & Flom is closing in on a deal to lease several floors in the building, which is the largest building in [...]
Santander boss Ana Botin defends Andrea Orcel CEO offer as top bankers face off in court May 19, 2021 Santander boss Ana Botin defended the bank’s actions in a court hearing in Spain today over the withdrawal of an offer more than two years ago to make Italian banker Andrea Orcel its chief executive. The very public row, which has offered a rare glimpse into the inner workings of a top bank, ended up in [...]
Listed law firm Knights revises up earnings forecasts May 19, 2021 Knights expects revenue for its full 2021 financial year to be ahead of market expectations, after a year of growth at the firm. In a market update today, the listed law firm said it anticipates revenue for the full year to be in excess of the £100.8m market consensus, representing a minimum increase of 36 [...]
Linklaters elects first female senior partner in 183-year history May 12, 2021 Linklaters has elected Aedamar Comiskey as its new senior partner, the first woman to serve in the role since the law firm was established in London in 1838. Comiskey will begin her five-year term on 1 July 2021, when she will succeed current senior partner Charlie Jacobs. Comiskey said: she was “hugely proud” to have [...]
Square Mile’s largest employers embrace hybrid working, the details May 8, 2021 The majority of the largest employers in the City of London have vowed to continue with some sort of hybrid approach to working, after pandemic-led restrictions forced the biggest home working experiment in history. With Covid-19 cases falling and millions of people successfully vaccinated, staff are trickling back into London’s offices, and companies are turning [...]