Best and the brightest welcome? Home Office tells Canary Wharf couple to move to China January 17, 2022 The Home Office has told a British Canary Wharf computer expert that he should move to China and live with his PhD-studying girlfriend’s family in Shanghai, after rejecting her visa application. Robert Evans, 30, from Aberdeen met his girlfriend, Lisa Li, 31, from Shanghai, whilst studying for a master’s degree in computer science in the [...]
Week ahead: City braces for more eye watering inflation data January 16, 2022 The City’s attention this week will zero in on latest UK inflation estimates published on Wednesday. Although experts expect the rate of price rises to remain broadly unchanged, investors are likely to gulp at inflation remaining at historically high levels. According to the Office for National Statistics (ONS), inflation hit 5.1 per cent in November, [...]
Google feels lucky in London: Tech giant bets big on London office space in major boost for capital’s global status January 14, 2022 Google is set to pump almost three quarters of a billion into London in a major vote of confidence in the capital’s post-Brexit future. The tech giant has snapped up the entirety of the Central Saint Giles development in which it currently leases office space, marking a major step change in the firm’s commitment to [...]
Asos shares jump after posting ex-Paddy Power boss to board January 13, 2022 Asos has posted the former boss of Paddy Power to its board today, in a move which helped pushed the retailer’s share price up over 10 per cent. The online retailer also announced this morning that it would be shifting to London’s main market, after two decades on the junior AIM index. Patrick Kennedy, who [...]
Nightcap eyes portfolio expansion as CEO ‘proves critics wrong’ after pandemic-launch January 12, 2022 Bar operator Nightcap hit £15.5m in net sales during its first full year of trading, as it lines up 25 new site openings this year. Boss Sarah Willingham, whose group owns Tonight Josephine and the London Cocktail Club, told CityA.M. she had “never been prouder” to work in hospitality than during the pandemic. The company [...]
Recruitment titan PageGroup hiked profit guidance after hiring spree January 12, 2022 Recruitment firm PageGroup upgraded its profit guidance for the fourth time in seven months as a hiring frenzy continues. Labour shortages in key markets have helped the group, which posted a gross profit of £246.8m for the three months to December, rising from a £166m gross profit in the same period last year. The firm [...]
All eyes on PMQs as Boris Johnson’s premiership is ‘hanging by a thread’ January 12, 2022 Boris Johnson’s premiership is hanging by a thread today, as angry Tory MPs and outraged Brits await Prime Minister’s Questions to see whether he will come clean over a party during lockdown. Reports that Johnson and his then fiancé Carrie Symonds attended a “bring your own booze” party in the No 10 garden during lockdown [...]
Boris Johnson’s rudderless levelling up plan must be anchored in business January 12, 2022 It was Winston Churchill who famously stunned a waiter by asking them to take back his pudding. “There’s no theme!” he bellowed. One man undoubtedly aware of this is Boris Johnson – the Prime Minister who wrote an effusive biography of Britain’s wartime leader before trying to emulate him in Downing Street. It comes to [...]
Horizon scandal: Post Office struggles to deliver compensation for victims January 11, 2022 The Post Office has repaid 777 of some 2,500 postmasters who applied for compensation because of a company computing scandal.
Allegations Novak Djokovic lied about travel history before coming to Australia as questions emerge over tennis star’s declaration form January 11, 2022 The declaration form Novak Djokovic filed to travel to Australia is under scrutiny following allegations he may have answered incorrectly. On the form, filed on January 1, Djokovic answered “no” to the question: “Have you travelled, or will you travel, in the 14 days prior to your flight to Australia?”. Djokovic flew to Melbourne from [...]