Take your workspace to the next level in Whitechapel February 25, 2022 As we tentatively return to something approaching ‘normal’ following the pandemic, many businesses find themselves in a tricky situation. Working from home full-time is gladly receding into the rear-view mirror but the old, static office model now seems a little antiquated. Modern workers require the flexibility of hybrid working, and office spaces need to be [...]
Crypto AM Daily in association with Luno February 25, 2022 The week in review With Jason Deane I have to admit to being a little emotional writing today’s update as the screens around my desk constantly stream updates from Ukraine, some from mainstream media and some from Twitter. This scene of a father leaving his kids to fight broke me completely. It’s unverified, but that [...]
Full-blown Russian incursion of Ukraine triggers global market rout February 24, 2022 Global investors fled stocks today after they woke up to the news that Russian President Vladimir Putin had ordered a full invasion of Ukraine. Risk appetite poured out of traders’ mindsets as they flowed into safe assets to limit the potential spillover economic effects of Moscow troops closing in on Kiev. The capital’s premier FTSE [...]
Crypto markets slide as Russia invades Ukraine February 24, 2022 Crypto AM Daily in association with Luno The geopolitical uncertainty in the Ukraine continues to rattle global financial markets, with losses for all major cryptocurrencies this morning. Bitcoin, the world’s largest cryptocurrency by market value, was changing hands for about $34,722 at time of writing, down almost 9 per cent over the past 24 hours. [...]
Outsourcing giant Serco posts ‘outstanding’ results on the back of ‘toughest’ year ever February 24, 2022 UK government contractor Serco today posted bumper profits, as it continued to capitalise on Covid and the impacts of the global pandemic. The Hampshire headquartered firm said its profits soared by 21 per cent, as contracts for work on the UK governments Covid-19 response lasted much longer than expected into 2021. Serco CEO Rupert Soames [...]
Crypto markets push higher despite uncertainty over Russia sanctions February 23, 2022 The crypto markets are looking buoyant this morning, after a difficult start to the week that saw the Bitcoin price dip as low as $36k.
Post Office victims see hopes raised by inquiry’s line of questioning February 23, 2022 Sub-postmasters who were victims of the Post Office Horizon scandal have seen their hopes raised by the line of questioning adopted by the public inquiry’s chairman. Former judge Wyn Williams has confirmed the victims’ compensation agreements would be revisited, after the inquiry’s terms of reference didn’t mention a specific financial redress for the sub-postmasters, reported [...]
City Moves: Who’s switching jobs in the Square Mile this week? February 23, 2022 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. JUMO Visa-backed fintech firm JUMO has posted the former boss of JO Hambro Capital Management to its board as a new non-executive chair. Nichola Pease, who currently holds the same role at FTSE 250 Jupiter Fund [...]
Barclays freezes share awards for ex-boss as Staley fights Epstein probe February 22, 2022 Barclays has frozen share awards to Jes Staley, its former chief executive, as he contests the an investigation into his ties with Jeffrey Epstein.
Bitcoin sinks lower as Putin orders Russian troops to enter Ukraine February 22, 2022 Any hopes of a quick resolution to tensions on the Ukraine border were dashed last night, with Russian president Vladimir Putin ordering his military to enter eastern Ukraine.