Cybersecurity ZeroFox goes public in £1.1bn SPAC deal December 20, 2021 Cybersecurity company ZeroFox said this morning that it will buy digital privacy protection platform IDX and go public through a merger with blank-check firm L&F Acquisition Corp, in a deal that values the combined entity at $1.4bn (£1.1bn).
IntegraFin shares run red on looming post-Brexit regulations despite record inflows December 16, 2021 Investment platform IntegraFin posted record inflows of £7.7bn today, however, shares fell into the red after its boss warned of looming Brexit regulations. Profit after tax jumped 12 per cent to more than £51m in the year to September 30, while funds under direction swelled nearly a third to £52.1bn. But shares tumbled more than [...]
Apple fails to enter the $3 trillion club as shares slide December 13, 2021 Apple has failed to reach the $3 trillion (£2.27 trillion) club this evening on Wall Street, after some analysts predicted that the tech company was on the verge of becoming the first publicly traded company to reach that figure.
Plan B: Central London footfall to plummet with businesses in the lurch December 9, 2021 Central London footfall is anticipated to shrink to 50 per cent below 2019 levels following the government’s move to plan B Covid restrictions this winter. Areas like the West End are currently 20 per cent less busy than pre-pandemic levels, with retail experts at Springboard predicting the gap to widen further. Office workers were told [...]
A quarter of Brits are struggling with the ‘new normal’ December 9, 2021 New data released today reveals that nearly one in four Brits feels negatively about the so-called “new normal”.
Square Mile braces for Plan B as businesses say work from home guidance will ‘destroy’ trade December 8, 2021 Businesses in the City of London have said they are preparing for the worst ahead of a reported announcement on a work-from-home message. Multiple media outlets have reported that the Prime Minister is to usher in vaccine passports for large venues and instruct office employees to work from home once more. There will be a press [...]
PA Awards 2021: The Finalists December 6, 2021 The City A.M. PA Awards was founded in 2019 as a celebration for the too often unsung heroes, who so frequently go above and beyond in their field, helping their companies to achieve the impossible. After this most challenging of years we will be celebrating those men and women who have proven themselves to be an [...]
Most supply chain heads could not give a damn about tracking food waste despite link to climate crisis December 6, 2021 Nearly three-quarters of senior decision makers in the supply chain and in food procurement are currently not tracking the amount of food their organisation wastes, according to new research shared with City A.M. today. In fact, almost two-thirds (64 per cent) of respondents told food facilities management company Sodexo in survey that direction from government [...]
Exclusive: ‘Perfect storm’ hits charities as close to 5m Brits have stopped donating since start of the pandemic December 6, 2021 More than 4.6m fewer people in the UK have been donating to charities this year compared to 2019. What’s more, 2021 has been more challenging than 2020, with almost 700,000 more people halting their donations this year compared to the peak of the pandemic last year, according to recent YouGov research analysed by smart software provider Lightful. [...]
Army of virtual lawyers in UK growing rapidly as pandemic launches new era of hybrid working December 6, 2021 There has been a 38 per cent rise in the number of lawyers at ‘virtual’ law firms in the past year as the pandemic leads to a dramatic shift towards hybrid and flexible working arrangements, There are now 1,875 lawyers working for ‘virtual’ law firms, up from 1,355 a year earlier. This increase is even [...]