Financial services optimism rebounds at fastest rate in eight years April 15, 2021 Optimism within the financial services sector has increased at the fastest rate in eight years as the economy begins to reopen from months of lockdown, a new survey has shown. Sentiment among finance firms rose 52 per cent in the three months to March, according to the Confederation of British Industry (CBI) and PwC’s latest [...]
Live events: UK to launch pilot insurance scheme as part of sport and culture reopening April 14, 2021 Live events: UK to launch pilot insurance scheme as part of sport and culture reopening
Short-letting your home is a great way to earn flexible income April 14, 2021 Short-term rentals can be a boon to property owners; providing a fresh source ofincome during these uncertain times and helping to maintain financial security. Those of us who are frequent travellers or have a second home that’s usually left empty canembrace the opportunity to enter the short-let market and have the comfort of knowingtheir home [...]
City Moves: Who is switching jobs in the Square Mile this week? April 14, 2021 Snakes and Ladders provides a roundup of the most important hires and job moves across the City, every Wednesday afternoon. Email citymoves@cityam.com to be featured. John Lewis hires ex-Experian lead John Lewis has appointed a new director of financial services in London this week, who will step into the new role on 14 June. Amir Goshtai, who joins [...]
Aviva brings executive committee to one-third women with new senior hire April 13, 2021 Aviva has added another c-suite female to its arsenal with the appointment of Cheryl Toner as chief customer and marketing officer. Toner will start at Aviva in May 2021, where she will join the group executive committee, a senior committee where women make up a third (33%) of its members. Aviva’s board, which Toner will [...]
Bunga Bunga owner sues Axa Insurance over business interruption cover April 13, 2021 Inception Group, owner of London nightclub Bunga Bunga, is preparing to sue Axa Insurance over unpaid business interruption cover. Inception Group, which owns restaurants and clubs in central London including Mr Fogg’s and Cahoots, has alleged Axa is trying to “wriggle out” of making a payout, and plans to launch a £3.25m claim in the [...]
Sam Torrance Masters review 2021: Why Matsuyama’s win is the best result for golf, heartache for Schauffele and a brilliant debut from Zalatoris April 13, 2021 You couldn’t pick a better Masters winner for world golf than Hideki Matsuyama. Japan has long had a huge involvement in the sport. They have a fantastic tour and have produced players like Jumbo Ozaki and Tommy Nakajima. They have also had women’s major champions, in Hisako Higuchi and Hinako Shibuno, but not men’s – [...]
‘It’s the best city in the world’: Punters flock back to the Square Mile as lockdown eases April 12, 2021 Shoppers, pub-goers and those desperately in need of a haircut descended on the City of London today as lockdown restrictions eased. Today marks the first major change in the lockdown restrictions England has been living with since early January. Pubs gardens are now open, as well as restaurants with outdoor space and non-essential retail, although [...]
Credit Suisse, Greensill and Archegos: how did it all go so wrong? April 12, 2021 Spare a thought as the week begins for Christine Graeff, the group head of corporate communications for Credit Suisse. The Swiss finance giant has lost billions of dollars in recent weeks in what has been branded a “disaster pile-up”. The basic cause is easy enough to diagnose: Credit Suisse provided financial backing for the the [...]
Bitcoin consolidates, Ethereum sets new all-time high, XRP more than doubles April 12, 2021 Bitcoin consolidates, Ethereum sets new all-time high and XRP more than doubles as crypto rides high.