Green Day’s Good News: Here are the winners in the energy sector April 3, 2023 Green Day is over - with much of the energy industry disappointed. But there were some winners which City A.M. highlights.
Amazon: More than 500 workers to walk out mid April in pay dispute March 31, 2023 Amazon workers are to stage fresh strikes in an escalation of a dispute over pay. The GMB union said more than 500 of its members at the online giant’s site in Coventry will walk out for three days from April 16 and again from April 21-23. The six days of action follow a series of [...]
Succession – planning that is – and why you don’t need to be as rich as Logan Roy to secure your family’s financial future March 31, 2023 Rivalry and revenge are rife within the Roy family – the dysfunctional clan that returned to screens this week in the Sky series‘Succession’. Camilla Stowell, head of private and commercial clients at Coutts said: “The drama uncovers how emotional conversations about intergenerational wealth and succession planning can be. “However, in reality the process can be [...]
Four ex bankers convicted over accounts with Putin-linked man who’s ‘part of system that managed his offshore wealth’ March 30, 2023 Four former bankers with the Swiss affiliate of a key Russian bank have been found guilty of failing to properly check accounts opened in the name of a Russian cellist with long-time ties to President Vladimir Putin. The defendants were handed suspended sentences in Zurich district court that, if violated, could lead collectively to hundreds [...]
Jimmy McLoughlin’s Notebook: Mentoring, Moore’s law and a south London butcher March 30, 2023 Over the past 20 years, the world of mentoring has undergone a significant transformation, particularly in the City and financial services. One major and under-appreciated factor in this transformation is the rise of social media, which has partly made it easier for aspiring mentees to approach potential mentors. But for the most successful people, there [...]
In defence of capitalism: Does money corrupt politics? March 29, 2023 In the fifth of an eight-part series, Dr Rainer Zitelmann – the author of the new book In Defence of Capitalism – argues that free markets, capitalism and money make for fairer elections and freer democracies, not the other way round The American intellectual Noam Chomsky, one of the most popular critics of capitalism, writes [...]
Premier League chief denies trying to kick football regulator into the long grass March 28, 2023 Premier League chief executive Richard Masters has rebuffed suggestions that the organisation tried to “kick into the long grass” talks over an independent football regulator. Masters was persistently questioned on the point by MPs at a Digital, Culture, Media and Sport Committee hearing on Tuesday. After denying that the expression had been used by anyone [...]
Football regulator: Tracey Crouch MP criticises Premier League’s lack of support March 28, 2023 The Premier League has been criticised for a lack of support for an independent football regulator by Tracey Crouch MP. The former sports minister and author of the fan-led review into English football governance made the comments at a Digital, Culture, Media and Sport committee hearing today. Crouch praised the Football Association and English Football [...]
Mouldy, unsafe homes are a product of the breakdown in trust of landlords March 28, 2023 Michael Gove launched a campaign to make it easier for social tenants to complain to the housing ombudsman. But without further funding, the ombudsman risks being overwhelmed, writes Elena Siniscalco
Kwarteng stung: Mini budget chancellor offered to set up meeting between fake firm and Boris Johnson for ‘£10k’ March 27, 2023 Former chancellor Kwasi Kwarteng offered to facilitate setting up a meeting between a fake foreign firm and former prime minister Boris Johnson during a sting interview. Mr Kwarteng was caught up in a hoax organised by campaign group Led By Donkeys in which he was approached about providing political advice to a bogus company it [...]