City Moves: Who’s switching jobs in the Square Mile today? December 1, 2021 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. Two Magnolias UK-focused venture capital investor Two Magnolias has posted the former UK head and European president of BP to its board. Peter Mather, who will chair the board, will help Two Magnolias close its new £50m sustainability [...]
London lags behind country on house price growth December 1, 2021 London is still playing catch up to the rest of the country on house price growth, Rightmove data revealed today. The national average price of property is set to rise 5 per cent next year, thanks to the ongoing trends of fierce buyer demand and low stock levels. However, the London market will grow at [...]
Kin + Carta Chairman John Kerr CA on becoming the first London-listed B-Corporation December 1, 2021 This article first appeared in ICAS’ CA magazine. Kin + Carta helps clients undergo digital transformation. But, crucially, its strong ethical underpinning means it’s set to become the first London-listed B-Corp. Chairman John Kerr CA explains why it’s blazing the trail. Kin + Carta describes itself as a transformative business. At first glance, this refers to [...]
West End landlord Shaftesbury posts smaller annual loss thanks to retail rebound November 30, 2021 West End commercial landlord Shaftesbury posted a smaller annual loss thanks to its hospitality and retail firm tenants rebounding after lockdown. “There has been great progress on Shaftesbury’s road to recovery in recent months,” chief executive officer Brian Bickell said in a statement yesterday. However, he cautioned that there was “still further to travel before [...]
TSB becomes latest bank to announce closures as it shuts 70 branches November 30, 2021 TSB said it will close more branches as use by customers “declines further” and more people are choosing to bank digitally. It said 150 jobs will be affected by the move, but that all staff will be offered alternative roles at TSB. It stressed that it will continue to have the seventh largest branch network [...]
City Moves: Who’s switching jobs in the Square Mile today? November 30, 2021 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. KPMG KPMG has posted a new partner to its financial services technology practice, who moves from technology and consulting giant IBM. The former chief technology officer for IBM’s financial services offering, Bharat Bhushan, joins the Big Four [...]
Omicron: Face masks now mandatory in shops and public transport November 30, 2021 People are now required by law to wear face masks in shops and public transport as a part of the government’s efforts to fight the new Omicron variant found in South Africa. The new laws, that came into effect at 4am this morning, also include a stricter testing regime for international arrivals. All international arrivals [...]
Soho’s revival was a boon for the capital – the al fresco revolution must continue November 29, 2021 Eating outdoors with the sun beating down may feel like a distant memory now the nights have drawn in and the mercury has dropped. But we must not forget the critical role al fresco has played safeguarding countless jobs during throughout the pandemic. And what a joy it has been to walk around the West [...]
Jacky Wright, Microsoft’s Chief Digital Officer on technology, ethics and business November 29, 2021 This article first appeared in ICAS’ CA magazine. Jacky Wright, Corporate VP and Chief Digital Officer, Microsoft US, tells Laurence Eastham why business and society thrive at the intersection of technology and ethics, and why we’ve now hit a critical juncture. As Corporate VP and Chief Digital Officer, Microsoft US, Jacky Wright has a pivotal role [...]
Labour claims Boris Johnson’s Peppa Pig CBI speech may stop foreign investment into UK November 29, 2021 Boris Johnson’ bizarre speech to business chiefs at the CBI where he referenced Peppa Pig at length and lost his place for 20 seconds could jeopardise future foreign investment into the UK, shadow chancellor Rachel Reeves has said. Reeves said that “f***k business”, a quote attributed to Johnson several years ago at a private dinner, [...]