A bash while Covid spread: Boris Johnson may face police probe over ‘bring your own booze’ drinks party at Downing Street when household mixing was outlawed January 11, 2022 The Metropolitan Police confirmed it is liaising with the Cabinet Office over damning claims the Prime Minister’s aide organised a “bring your own booze” Downing Street drinks party during the first lockdown, in May 2020. Martin Reynolds, the Prime Minister’s principal private secretary, sent an email to more than 100 Downing Street employees asking them [...]
City Moves: Who’s switching jobs in the Square Mile this week? January 11, 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. Moorhouse Management consultancy Moorhouse has appointed a new managing partner, who will focus on supporting the growth of its portfolio, which includes the Health, Financial Services, Energy and Life Science industries. Richard Brackstone, who had previously spent [...]
TfL finance chief quits post amid financial turmoil for the London transport body January 10, 2022 Transport for London’s (TfL) chief financial officer has resigned amid the transport body’s ongoing financial turmoil. It was announced today that Simon Kilonback will leave his post and join internet provider G.Network, after working at TfL since 2009, in what is another blow to the body as it seeks to secure its financial future. It [...]
We discover the perfect family-friendly ski retreat in Austria’s Arlberg January 10, 2022 “So glad you’re here”: the oft repeated words from hotel and restaurant owners who have just emerged from a strict lockdown and are, for the first time in months, welcoming tourists. We had chosen the Arlberg region (specifically St. Anton and St. Christoph) for a pre-Christmas ski when all things Covid were looking up. As [...]
Katten hikes London associate pay as competition for City law firms soar January 10, 2022 Law firm Katten Muchin Rosenman has raised its pay for London associates by some £10,000 for each experience level today, as the competition for applicants soars in London. The new salary pay-grades, which also accompany potentially lofty bonus’, will see junior lawyers on a £108,000 annual salary. Associates with one year post-qualified experience (PQE) will have [...]
Virgin Media O2 refuses to bring back EU roaming charges post-Brexit unlike Vodafone and EE January 10, 2022 Virgin Media O2 has stated it will not to bring back EU roaming fees post Brexit, helping customers save hundreds of pounds in bills while using data abroad. “With Covid still scuppering plans and disrupting day-to-day routines for so many, we’re starting the year by giving our customers some certainty: we will not be reintroducing [...]
British firms brace to unleash wave of investment in 2022 January 10, 2022 British businesses are preparing to unleash a wave of investment over the next year, reveals a fresh study published today. A record proportion of finance chiefs at the UK’s top firms are intending on ramping up capital spending in the next 12 months, according to research carried out by consultancy Deloitte. Over one in three [...]
David Frost tells PM to adopt more conservative policies or risk losing election January 9, 2022 Boris Johnson must adopt a low-tax agenda or risk losing the next election, according to former cabinet minister Lord David Frost. Frost, who resigned from his role as a Cabinet Office minister last month, said that Johnson needs to “get the country going economically again” post-Brexit and “that means free markets, free debate and low [...]
If the first few days of 2022 are anything to go by, Bitcoin’s in for an interesting year January 7, 2022 Jason Deane says we can be sure that we’re in for a fascinating twelve months in cryptocurrency.
Cryptocurrency drop echoes wider sentiment across stock markets January 6, 2022 Bitcoin fell below $43,000 in the early hours of this morning, testing lows not seen since the start of December.