Let’s talk Aviva: Smaller but richer insurance firm is looking to grow again September 29, 2021 It has been an interesting couple of months for insurance firm Aviva. The City giant sacked its fund manager and was dragged into a leasehold agreement affair it had hoped to avoid. Nevertheless, following a year of cutting costs and selling foreign assets, Aviva feels confident about the future. The company is firmly on investors’ [...]
Bitcoin and Ethereum head into decline as investors look to play safe after China ban September 28, 2021 Bitcoin is currently changing hands for around $42k, down from just below $44k yesterday. Ethereum has also fallen to below $2,900 again.
Now pubs and bars call for visa help as staff shortage bites September 28, 2021 Restaurant and pub bosses have pleaded for ‘easy visas’ to help fill vacancies as they desperately try to recruit enough staff to keep the doors open. Patrick Dardis, CEO of London-based pub group Young’s told City A.M. yesterday that the UK needed to open up the job market to the EU to increase the labour [...]
Labour conference: Reeves pledges to spend £252bn on green investment by 2030 September 27, 2021 Labour will spend £252bn on a package of green investment if it wins government at the next election, shadow chancellor Rachel Reeves has announced. Reeves today said she would spend £28bn a year on green infrastructure “to unlock that potential, create secure jobs and protect our planet for future generations”, while also declaring that the [...]
What China crisis? Crypto markets rally despite Beijing clampdown September 27, 2021 The price of Bitcoin and other leading cryptocurrencies tumbled on Friday, as news spread that China’s central bank had again declared all crypto-related transactions illegal.
D-Day in Germany: End of the Merkel era as Germans go to the polls in three-way battle September 26, 2021 As polls have opened in Germany and election day has begun for just over 60m eligible voters, Europe’s largest economy is seeing its first three-way contest for the chancellery as the environmentalist Greens join the country’s two traditional big parties in fielding a candidate for the top job. The Social Democrats’ candidate, Olaf Scholz, is [...]
Karren Brady: Female founders must develop a mindset not to be dismissed September 24, 2021 In Karren Brady’s view, the pandemic has been a double-edged sword for women. “I think the negatives are there for everyone to see, in the way that women have been disproportionately affected by job losses, lower wages, and the pressure of childcare while working from home,” the businesswoman and Conservative peer tells City AM. “But [...]
ONS: Seven in 10 workers are back in the office as September surge acclerates September 24, 2021 Seven in 10 workers in the UK are back in the office as the September surge back to pre-pandemic working practices accelerates, according to official figures. 70.1 per cent of workers are back at their normal place of work, research from the Office for National Statistics (ONS) shows. The figures come as usage of Transport [...]
Twitter adds tipping with Bitcoin after turbulent week for crypto markets September 24, 2021 It was a week in which Bitcoin and other cryptocurrencies once again appeared to be trapped in lockstep with the traditional markets.
Mexican food brand Tortilla announces AIM float intention September 24, 2021 Mexican fast food chain Tortilla has announced its intention to seek admission of its shares to trading on London’s AIM market. The restaurant brand Tortilla boasts 62 sites across the country including 50 venues operated by the group and two franchise sites in the UK. The group also operates 10 franchised sites in the Middle [...]