City Moves: Who’s switching jobs in the Square Mile this week? June 30, 2021 City A.M.‘s Millie Turner provides a roundup of the most important hires and job moves across the City, every Wednesday afternoon. Email citymoves@cityam.com to be featured. IoD’s chief economist departs for Fitch Ratings The Institute of Director’s (IoD) chief economist will step away from the role next week to become director of economics at US credit rating [...]
Exclusive: O2 exec on the £31bn mega merger with Virgin Media and why mobile is the future June 30, 2021 O2’s recently approved £31bn tie-up with Virgin Media will speed up investment in telecoms infrastructure and bolster the UK’s post-pandemic recovery, the mobile network’s boss said recently. The mega-merger, agreed last year by O2 owner Telefonica and Virgin Media parent Liberty Global, received final approval last month after an in-depth probe by regulators amid concerns [...]
Three exciting jobs in London right now June 29, 2021 After what feels like a lifetime of lockdowns, restrictions and hitting pause on life, things are slowly returning to normal. And frankly, we couldn’t be happier. During this global pandemic, countless businesses all over the world introduced hiring freezes, furlough schemes and had to make some tough decisions. But there has been a shift, and [...]
5 Myths about Women and Investing June 29, 2021 I recently participated in a lively podcast with two fellow women in investing, Jane Barratt, who is chief advocacy officer of the fintech MX, and Meredith Jones, author of ‘Women of The Street: Why Female Money Managers Generate Higher Returns’. Our conversation, hosted by alternative investment platform YieldStreet, explored some of the misconceptions about women and investing. These are abridged [...]
Workers expect to boost revenue after in-person meetings resume June 29, 2021 Workers expect to boost the amount of revenue they generate once they are able to meet face-to-face with clients again, new research published today has revealed. According to hospitality group Accor, workers expect to make a quarter more in revenue when they are able to communicate with clients in person. Professionals predict they will make [...]
LIVE: Blaze in Elephant & Castle under control, roads in area reopened June 28, 2021 Station commander James Ryan just told City A.M. the huge fire at Elephant & Castle train station is under control, nearly four hours after it started. Dozens of police and ambulance crews were still on the scene at 7.15pm this evening. The cause of the fire is unknown and is being investigated, he added. The [...]
Covid: £2.5bn business rates debt looms over local councils, new analysis says June 28, 2021 UK firms now owe local councils nearly £2.5bn in unpaid business rates, according to new analysis, as the national debt crisis swells. Countless firms have seen their debt climb higher over the pandemic period, with many businesses stifled by restrictions and forced to shut their doors for several months. As relief, the government has offered [...]
Weekend Read: Fostering a company culture in a hybrid world June 26, 2021 After three lockdowns, more than a year of home working and an unprecedented vaccine rollout, firms of all sizes are slowly, cautiously, reopening and welcoming staff back to the office. But this mass return to the traditional workplace will be tough for managers and leaders on a number of levels. Motivation levels may be low, [...]
Covid: ‘No substantial outbreaks’ following mass events trial June 25, 2021 No substantial outbreaks of Covid-19 were recorded following the first part of a government trial to test mass events, a new report has found. Over 58,000 people attended nine pilot events in April and May, including a club night in Liverpool, the FA Cup final at Wembley and the Brit Awards at the O2. Just [...]
Former BT executive Leslie Winnister locked up for life for killing wife of 40 years June 25, 2021 A wealthy former BT executive who killed his wife of nearly 40 years after becoming paranoid she was having an affair with the handyman has been locked up indefinitely. Leslie Winnister, 69, had “lost touch with reality” when he attacked 66-year-old Suzanne Winnister at their home in Bexley, Kent, on 8 September last year, the [...]