Square Mile and Me: Stuart Bedford on dealmakers, desert challenges and Villa Park May 18, 2023 Each week we ask the great and good of London’s finance world to take a trip down memory lane. This week, it’s Stuart Bedford, Head of Law at KPMG What was your first job? It was running a stock room at a wallpaper warehouse What was your first job in financial services? This was when I started out [...]
London office market now a race for best in class, says British Land May 17, 2023 The gap between the "best and the rest" is beginning to define the London office market, say property developers British Land this morning.
Bennett on Business: London listings and the Bank’s bitter Pill May 17, 2023 Neil Bennett discusses London's IPO problem, the Bank's chief economist and more in his fortnightly City A.M. column
More than 6m extra Brits to be caught by higher income tax rate net in just a few years May 16, 2023 More than an additional 6m Brits are poised to be caught in the higher income tax net compared to the early 1990s in what has been characterised as the steepest tax hike in four decades, new research out today reveals. Prime Minister Rishi Sunak’s decision as Boris Johnson’s Chancellor to freeze tax bands for several [...]
Royal Mail delivery target failures to be investigated by Ofcom – and a fine could be dished out May 15, 2023 Regulator Ofcom said it has launched an investigation into Royal Mail’s failure to meet its delivery targets in the past year – and could hand out a fine. The British delivery firm fell short of its performance targets across the 2022 to 2023 financial year for first and second class mail and deliveries. Some 73.7 [...]
Fraud warning as insolvency surge sees more directors investigated for corporate misconduct May 15, 2023 The Insolvency Service last year launched 36 per cent more investigations into the alleged misconduct of directors of insolvent companies than the year before, data from international law firm RPC shows. According to RPC, the number of investigations increased from an average of 142 per month between April 2021 and March 2022 to 193 between [...]
Book Club: The Next Chapter is good fun, even if there’s no plot – review May 13, 2023 Once a reliable staple of the box office, older audiences have been the last demographic to head back to the cinema post-Covid. Hoping to draw back silver-haired cinephiles is the star-studded sequel to 2018 comedy Book Club. Diane Keaton, Jane Fonda, Candice Bergen and Mary Steenburgen return as the group of friends who decided to [...]
Do Kwon released on bail May 12, 2023 Terraform Labs mastermind Do Kwon has been released on €400,000 bail as he awaits trial in Montenegro.
Disney woes and health of banks edged Wall Street lower May 12, 2023 Wall Street edged lower on Thursday, weighed down by a sharp drop for the Walt Disney Company and flaring fears about the health of some US banks. The S&P 500 lost 7.02 points, or 0.2 per cent, to 4,130.62, with two out of every three stocks in the index falling. The Dow Jones Industrial Average [...]
JD Sports drafts in new CFO amid shake up May 11, 2023 JD Sports has drafted in financial veteran Dominic Platt as its new chief financial officer, as the group ploughs ahead with its five-year growth strategy Platt is currently chief of finances at BGL Group, one of the UK’s top digital distributors of financial services and owner of Compare the Market, he also sits on the [...]