Blame the Fixed-term Parliaments Act for this utter chaos in Westminster September 27, 2019 The BBC podcast series The Political Butterfly Effect explores the theory that even the tiniest of events can have vast and unintended consequences. If you’re curious how a bar fight may have caused Brexit, or what the meat extract product Bovril has to do with keeping Britain out of the euro, it’s worth a listen. [...]
Workers in the City of London broke half a million in 2018 September 26, 2019 The number of workers employed in the City of London broke half a million last year, according to new data. Office of National Statistics data released today showed there were 507,000 workers in the City of London last year, up from 495,000 in 2017. Catherine Mcguinness, policy chair at the City of London Corporation, said: [...]
France’s former president Jacques Chirac dies aged 86 September 26, 2019 Former French president Jacques Chirac has died aged 86, it emerged today. Chirac, who for some years had suffered from memory loss believed to be linked to Alzheimer’s, was France’s head of state from 1995 to 2007. Read more: France nominates central bank deputy as EU commissioner Chirac served as France’s president twice, and was [...]
Are UK supermarkets ready for Brexit? September 25, 2019 “One can say very clearly what the direction will be: higher prices, less choice, and poorer quality, because all of those dimensions have been improved by these open trading relationships that we’ve had over the last 40 years […] Brexit, almost in whatever version it is, will introduce friction, it will introduce barriers. That makes [...]
Hong Kong leader defends police after fresh accusations of violence September 24, 2019 Hong Kong chief executive Carrie Lam has said the city’s police force – which has been accused of beating activists and using excessive force during demonstrations – is under extreme pressure, and said it would be a “long road” to heal rifts in the territory. Lam told reporters it was “quite remarkable” that there had [...]
City Moves for 23 September – Who’s switching jobs at Finncap, the FCA and Gama Aviation? September 23, 2019 Today’s City Moves includes Finncap, the FCA and Gama Aviation. Finncap Finncap, an adviser and broker to ambitious growth companies, has announced that it has appointed highly-experienced specialist Leigh Webb to head its private equity sponsor coverage and expand its mergers and acquisitions (M&A) advisory business across the mid-market private equity community. He brings an [...]
UK Finance chair Bob Wigley named in employment claim alleging fraud at company he chaired September 23, 2019 UK Finance chair Bob Wigley has been named in an employment tribunal claim alleging fraud at a company he chaired. The claim, seen by City A.M., relates to Northern Ireland tech firm Secure Broadcast. Its former chief operating officer Richard Johnston is claiming constructive dismissal from the company after uncovering an alleged fraud. According to [...]
Feeling the heat: Carluccio’s waiters rise up in row over tips September 22, 2019 Waiters at Carluccio’s are hitting back at the restaurant chain after a change in tipping policy that has allegedly left them hundreds of pounds worse off per month. Employees at the Italian eatery have joined the Unite union in a bid to scrap a new policy that siphons off a great proportion of tips to [...]
US to send troops into Saudi Arabia following oil attacks September 21, 2019 The US has revealed plans to send military forces into Saudi Arabia following the attacks against the country’s oil facilities last weekend. Speaking to reporters, secretary of defence, Mark Esper, said the deployment of troops would be “defensive in nature”. Read more: Oil prices post 6 per cent weekly gain despite last-minute dip It is [...]
Harriet Harman won’t ‘back down’ in bid to replace Speaker John Bercow September 20, 2019 Labour MP Harriet Harman has refused to “back down” in her bid to become the next House of Commons speaker after her constituency party spoke out against her running for the post. The Camberwell and Peckham constituency party voiced “disquiet” after she threw her hat in the ring to succeed John Bercow, who has said [...]