City Moves: Who’s switching jobs in the Square Mile today? November 26, 2021 City A.M.’s Millie Turner provides a roundup of the most important hires and job moves across the City, every morning. Email citymoves@cityam.com to be featured. CO—RE London commercial development firm CO-RE has posted a new chief executive to the helm, succeeding founding director David Ainsworth. Stepping into the new role after joining the company in 2018, Bradley Baker is set to oversee [...]
Lush’s social media boycott won’t cut it for big tech November 24, 2021 Lush, the trendy cosmetics and soap company, has announced that until social media giants provide a “safer environment for users”, they will close all of the company’s “brand, retail and people accounts” on certain platforms. Given recent revelations from Facebook whistleblowers, this move, which could dent Lush’s bottom line, is laudable. But this knight in [...]
September house prices show ‘last of stamp duty sizzle’ November 17, 2021 UK house prices leapt in the year to September in the run up to the final stamp duty holiday deadline, government figures show. HMRC’s latest house price index shows that house prices climbed 2.5 per cent in September and 11.8 per cent annually. The average price of a property in the UK was £269,945, hitting [...]
Azeem Rafiq: Takeaways from Yorkshire’s committee reckoning November 16, 2021 The Azeem Rafiq testimony was one of the most important, powerful and harrowing events in recent sporting history. A man who dreamed of a national sporting call up, an institution whose foundations are rotting, and a parliamentary group who let a man tell his truth with no apologies. But what are the takeaways from the [...]
Azeem Rafiq: ‘What’s happened to me has happened, it will never change’ November 16, 2021 Azeem Rafiq has recounted his experiences of racism and bullying this morning before a parliamentary select committee looking into cricket’s racism problem, saying he’s “lost his career because of racism”. Rafiq, a former bowler at Yorkshire County Cricket Club (YCCC) appeared this morning at the Digital, Culture, Media and Sport Select Mommittee in Westminster. Speaking [...]
City Moves: Who’s switching jobs in the Square Mile today? November 16, 2021 City A.M.’s Millie Turner provides a roundup of the most important hires and job moves across the City, every morning. Email citymoves@cityam.com to be featured. Palace Capital Property investment firm Palace Capital has hired a new chief financial officer (CFO). Matthew Simpson has been promoted to the CFO position, moving up from his position as head of finance and operations. Simpson, who [...]
Focus On: Get yourself into a Pickle in booming Bermondsey November 12, 2021 Located in the south-easterly London Borough of Southwark, Bermondsey has a fascinating past. Back in the 1800s it was known for its industrial plants for processing animal hides (hence some road names such as Tanner Street and Leathermarket), as well as slums for local workers and the notorious docks that inspired scenes in Dickensian novels [...]
Azeem Rafiq fallout: How much did sponsor pressure contribute to resignations? November 10, 2021 The business of sport and sponsorship is volatile at the best of times, an ever changing landscape of decisions and consequences. It is nothing new for sponsors and clubs to renegotiate their terms – the Indian Premier League saw this in the wake of the Covid-19 pandemic – or quit altogether, as Norwich City decided [...]
London hotels ‘can’t change the bedsheets fast enough’ as staff shortages hold back recovery November 8, 2021 The recovery of London hotels is being held back by staff shortages, with venues unable to change bedsheets quick enough. One London hotel has had to slash occupancy in the week so it has enough staff on board for its popular Saturday night bookings. “They literally can’t change the beds fast enough – is it [...]
Housebuilders concerned over rising material costs November 8, 2021 Housebuilders are wrangling with supply chain disruption and rising material costs with the delivery of new homes under threat. 61 per cent of builders said these factors were the biggest obstacles adding pressure to their bottom line, in a survey of more than 50 English housebuilders by property consultancy Knight Frank. Concerns are also mounting [...]