Met launches murder investigation following Oxford Circus stabbing July 2, 2021 The Metropolitan Police has launched a murder investigation following a stabbing at Oxford Circus yesterday evening. Police were called to the scene at 8pm on Thursday, where a 60-year-old man was found with stab wounds. The man was taken into hospital where he later died. His next of kin have been informed and are being [...]
Asda adopts permanent hybrid working for office staff July 2, 2021 Staff at Asda head offices will be able to choose where they work on a permanent basis even Covid restrictions are eased and working from home guidance is dropped. The change means around 4,000 staff, most of whom are based in Leeds, will be able to work more flexibly on a permanent basis. Asda said [...]
Home Office to allow late EU Settlement Scheme applications after website crashes July 1, 2021 Home Office to allow late EU Settlement Scheme applications after website crashes
New report outlines how to deepen UK-India capital market links July 1, 2021 A new report released today [1 July 2021] calls for the development of a deep, liquid corporate bond market in India to fund the country’s large infrastructure investment needs and its transition to a low carbon economy. Unleashing the potential of the Indian Debt Capital Markets is the first report by the City of London Corporation [...]
Culture Corner: Your guide to summer in the City July 1, 2021 Culture in the City this month kicks off with Alexander Sitkovetsky performing on 1 July with the London Concertante Orchestra in Southwark Cathedral. The London Concertante have a full and varied programme which you can watch and stream at your leisure too. Alexander and his world renowned trio, the Sitkovetsky Trio, have a new album [...]
CEOs who weighed into GB News learnt a valuable lesson on the power of politics July 1, 2021 If CEOs learn anything from the campaign to boycott GB News and the fallout generated by companies’ responses, it is that they ignore politics at their peril. Over the last half-century, one of the most important shifts in the business world has been corporate leaders recognising they have wider responsibilities to society as well as [...]
Sunak reveals new climate impact disclosure rules July 1, 2021 Chancellor Rishi Sunak has today announced plans to introduce new rules to force firms to reveal their impact on the climate. Speaking at Mansion House, Sunak announced that businesses across the economy will have to report on the impact they are having on the climate and environment. “We’re launching new requirements for businesses and financial [...]
Micro Focus narrows loss as software group slashes costs July 1, 2021 British software firm Micro Focus today reported a narrower loss for the first half of the year as it reaped the rewards of a cost-cutting plan. The London-listed company, which helps customers maintain and update legacy IT systems, posted an operating loss of $154.8m (£112m) for the six months to the end of April. This [...]
Polar Capital profits surge 49 per cent July 1, 2021 Asset manager Polar Capital posted a robust set of results this morning, driven by strong inflows into its funds. Pre-tax profit climbed 49 per cent to £75.9m in 2021, up from £50.8m in the previous year. The firm recorded net inflows into its funds of £517m in the quarter to 25 June 2021. Assets under [...]
Editorial: Quarantine exemptions for CEOs must be part of wider travel plans to fulfil the Global Britain promise June 30, 2021 In December 2019, Boris Johnson vowed to fight for a Global Britain as the nation prepared to leave the European Union. He promised to ensure the United Kingdom would remain a hub for international business and would be even more attractive on the world stage once it was unshackled from the bureaucracy of Brexit. Over [...]