Face masks on flights are not going anywhere, experts warn February 1, 2022 Travellers will be wearing a mask aboard flights for the foreseeable future, as aviation experts believe it will be impossible for single carriers to remove the policy anytime soon. Aviation insiders believe UK airlines will look for “international consistency” before allowing a policy change, acting as one. “Until there is a harmonised lifting of mask [...]
City Moves: Who’s switching jobs in the Square Mile this week? February 1, 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. Knight Frank Knight Frank has posted a new head of London offices to its UK commercial business. Philip Hobley, who has been co-chair of London offices at the property consultancy since 2016, brings over 25 years of experience to the [...]
Asda becomes first supermarket to trial self-checkout automated age verification January 31, 2022 Asda announced it will be the first supermarket to trial automated age verification at self-checkouts, speeding up customer experience.
Six in ten FTSE 350 companies fail to fully comply with governance code January 31, 2022 Sixty per cent of FTSE 350 companies are not fully compliant with the UK’s Corporate Governance Code, according to new research from Thomson Reuters.
Fraud minister who resigned this week opens up: ‘I didn’t want to blow my top, but I was very angry’ January 29, 2022 The government minister who quit this week over the “schoolboy” handling of fraudulent Covid-19 business loans said of his resignation during a speech at the despatch box in the House of Lords: “I didn’t want to blow my top, but I was very angry.” Lord Agnew of Oulton, who was the Tories’ anti-fraud minister, says [...]
Exclusive: Brexit financial services regulation bonfire set to be in next Queen’s Speech January 28, 2022 An overhaul of the UK’s financial services regulation is set to be included in the next Queen’s Speech as the government speeds up its push to make the City more competitive post-Brexit. Chancellor Rishi Sunak gave an update to the cabinet on Tuesday about the UK’s plans to shed EU rules for financial services, with [...]
200 Post Offices vanished within last wo years as two branches close for good every week January 28, 2022 New research shared with City A.M. this morning shows that more than 200 Post Offices have closed in the last two years, the equivalent of two a week. The study also found that 1,291 Post Offices are currently deemed “temporarily closed”, but more than half of these have been shut for more than two years, [...]
City Moves: Who’s switching jobs in the Square Mile this week? January 28, 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. BNP Paribas Real Estate BNP Paribas Real Estate has promoted James Carrington to lead the firm’s City investment team, which advised on nearly £1bn worth of deals last year. Taking on the position from Aidan Meynell, who has stepped down, Carrington brings more [...]
£150,000 salaries are “out-of-control” and will see lawyers burn out before they hit 30, top in-house lawyer says January 25, 2022 One of Britain’s most prominent in-house lawyers has said the “eye-watering sums” being paid out to newly qualified lawyers have gotten “out-of-control,” whilst claiming that solicitors on £150,000 salaries will burn out “before they hit 30.” The comments come after New York headquartered law firm Milbank last week upped the stakes in the battle for [...]
City Moves: Who’s switching jobs in the Square Mile today? January 25, 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. Baton Systems Fintech firmBaton Systems has hired a Barclays Investment Bank veteran as its first-ever chief operating officer (COO), who will help scale the business. David Ornstein, who departed the London-based bank after 13 years, has also held roles [...]