Ocado appoints ex-BT chief Gavin Patterson to board in push for tech giant status May 9, 2024 Ocado has appointed former BT Group chief executive Gavin Patterson to its board as the online grocery firm looks to build its reputation as a technology heavyweight.
The Notebook: The City still has a class problem, and it needs to address it May 9, 2024 Paras Anand, CIO of Artemis Fund Managers, takes the Notebook pen to talk about class, grad schemes and Rory Stewart.
‘Anaemic’ UK growth means Hunt will fail to meet fiscal rules, think tank warns May 9, 2024 The UK will suffer from "anaemic" growth for the foreseeable future meaning the government will fail to meet its fiscal rules, new forecasts suggest.
Square Mile and Me: Kleinwort Hambros CIO Gene Salerno on making it across the pond May 9, 2024 Gene Salerno, CIO at SG Kleinwort Hambros, tells us about meeting Bill Clinton, an awkward reception dinner, and swapping New York for London.
Bloomberg’s bobbies: Firm pays City Police £100,000 for added patrols around Arcade HQ May 8, 2024 Bloomberg pays roughly £100,000 a year to the City of London Police to patrol its iconic London headquarters, City A.M. has learned.
Volkswagen boss: The EV sales slump is ‘not the end of the world’ May 8, 2024 A recent slump in electric vehicle sales shouldn't concern the automotive sector, VW's brand chief Thomas Schäfer has said.
Former immigration minister Jenrick says Tories must win back ‘on strike’ voters May 8, 2024 The Conservatives need to win back voters who have gone “on strike” over the failure to tackle immigration and extremism, Robert Jenrick has said.
TSB Bank to cut 250 more jobs and close 36 branches in cost-cutting drive May 8, 2024 TSB Bank is planning to cut around 250 jobs as part of a broader restructuring effort, joining other mid-sized high street lenders looking to reduce costs.
Mace: HS2 London Euston contractor boss to step down in top brass shake-up May 8, 2024 HS2 Euston contractor Mace Euston has announced a new chief executive alongside a raft of top-level changes.
Cityfibre: Network provider hits profitability in challenge to BT Openreach and Virgin Media May 8, 2024 Cityfibre recently announced its acquisition of network provider Lit Fibre, which has boosted its full fibre rollout by up to 300,000 sites.