Irritated EU watches in disbelief as UK’s Brexit language hardens with Truss calling Brussels ideas ‘backwards’ May 11, 2022 Foreign Secretary Lizz Truss said some proposals put forward by the European Union during months of discussions on the post-Brexit treaty would “take us backwards” as she argued against introducing “more checks, paperwork and disruption”. Truss warned the UK “will not shy away” from taking action on the Northern Ireland Protocol after the Prime Minister [...]
Tech giants need to crack down on racist abuse online, says Sadiq Khan May 10, 2022 Sadiq Khan said tech giants need to ‘act sensibly’ and not wait for governments to bring in regulations
Tesco chief joins calls for energy firms to face windfall tax amid deepening cost-of-living crisis May 10, 2022 Tesco chairman John Allan has joined calls for energy giants to be slapped with a windfall tax to ease pressure on households.
Isolating the problem: why the modern office needs real and virtual watercooler moments May 9, 2022 Dr. Wolfgang Seidl is a partner at Marsh McLennan, and an expert on the future of work. Here he lays out just what the workplace needs to look like post-pandemic FEW PEOPLE understand more what it is to be resilient than Terry Waite CBE, the humanitarian and author who was held hostage in the 1980s. [...]
Imelda is back: Remarkable comeback for widow of late dictator Marcos as former First Lady is set to become Philippines’ First Mother May 9, 2022 As polling stations in the Philippines are about to close, the son of late dictator Ferdinand Marcos is set to become the country’s next president. His near-certain victory means a remarkable comeback for his mother, the legendary Imelda Marcos, who dominated Filipino politics, together with her husband, for over two decades before being forced into [...]
Apple executive hands in notice amid return to office policy May 9, 2022 An Apple executive has handed in his notice after the firm demanded that employees return to the office three days a week.
EU membership vs lost trade: Forget extra NHS cash, Brexit costs Britain £173m every week, or £1m per hour May 9, 2022 Remember the Brexit bus promise: ‘We send the EU £350 million a week. Let’s fund our NHS instead. Vote leave’? The truth increasingly seems that quitting the European Union means there is £173m a week less to spend on the NHS, according to calculations based on recent ONS and UK Government data. Weighing up the [...]
Derwent London throws £240m at Moorfields healthcare site May 5, 2022 Derwent London has thrown nearly £240m towards buying a hospital and research centre site, as the capital’s healthcare and pharmaceutical real estate space catches the eyes of investors. The commercial developer has bought the City Road Island site, the location of the Moorfields Eye Hospital and the UCL Institute of Ophthalmology, after the pandemic highlighted [...]
Virgin Money UK reports profit boost thanks to rising interest rates and unsecured lending May 5, 2022 Virgin Money UK posted a boom compared to 2021 figures, with underlying profit increasing 58 per cent to £388m, reflecting stronger income.
City Moves: Who’s switching jobs in the Square Mile? May 5, 2022 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. Kingswood Wealth and investment management group Kingswood Holdings has hired an EY veteran as a technology transformation lead to develop the firm’s recently launched online client portal. Christopher Calvocoressi, who joins from Schroders Personal Wealth, will be [...]