The ‘disaster capitalism’ Brexit conspiracy that goes right to the very top September 13, 2019 Confirmation bias: the tendency to interpret new evidence as confirmation of one’s existing beliefs or theories. We’re probably all guilty of it in our private thoughts, but the sin is magnified when it results in an “exclusive” piece of journalism making outrageous claims about corruption and market manipulation at the very top of government. But [...]
City Moves for 12 September – Who’s switching jobs at Riverstone, Bibby Financial Services and Cashflows Europe? September 13, 2019 Today’s City Moves includes Riverstone, Bibby Financial Services and Cashflows Europe. Riverstone Developer and operator of high-quality retirement living in prime London locations Riverstone has appointed Jason Leek as chief executive Officer. Jason joins Riverstone from London Executive Offices, a provider of central London luxury office and event space, where he was CEO. He previously [...]
ECSC shares rise as data breach fines get cyber consulting back on track September 11, 2019 Shares in ECSC rose more than three per cent this morning after the cybersecurity firm reported renewed demand for its consulting services division. Read more: ECSC revenues jump as it grows client base amid cybersecurity concerns The figures ECSC’s total revenue slipped marginally from £2.64m to £2.63m in the six months to the end of [...]
New Look sales drop due to ‘unseasonable’ weather September 11, 2019 New Look sales plunged in the first quarter as the retailer battled challenging high street conditions. The figures Core like-for-like sales were down 10.1 per cent, which the company blamed on lower footfall due to “highly unseasonable weather” and consumer uncertainty. Read more: New Look posts £500m loss as turnaround continues Total revenue was £238.3m in [...]
UK electoral system vulnerable to foreign hacking, say officials September 11, 2019 On the brink of an election, The UK does not have time to bring forward measures to resist the sort of social media and misinformation campaigns carried out by hostile states that have affected some Western nations, officials say. Following the 2016 Brexit referendum, some defeated remain campaigners alleged that a misleading social meda campaign [...]
Treasury refuses MPs’ demands to publish Bank of England governor shortlist September 9, 2019 The Treasury has refused the demands of opposition MPs to publish the shortlist of candidates to be the next Bank of England governor, saying it “would not be appropriate” to name names. Read more: Mark Carney misses cut for IMF top job shortlist A group of 28 opposition MPs today called on chancellor Sajid Javid [...]
Winging it: Conservatives criticised over meme depicting Jeremy Corbyn as a chicken September 6, 2019 The Conservative Party has published a meme depicting Jeremy Corbyn in a chicken costume and delivered chicken to journalists offices in an escalation in its campaign to brand the Labour leader a “chicken” for refusing to back the government’s calls for an early election. The chicken, which was hand delivered to various newspapers’ Parliamentary offices [...]
City Moves for 6 September – Who’s switching jobs at Stonehage Fleming, the Financial Conduct Authority and Cipfa? September 6, 2019 Today’s City Moves includes Stonehage Fleming, the Financial Conduct Authority and Cipfa. Stonehage Fleming Chris Merry has been appointed group chief executive of independently owned international wealth management company Stonehage Fleming. Formerly chief executive of Ipes, a European provider of fund administration and outsourcing services, Chris will be based in Stonehage Fleming’s London office. Chris [...]
Business must look beyond no-deal prep and plan for a globally competitive future September 6, 2019 A brand new chancellor, same old challenge. It’s the issue that brought us to Brexit, and the one that will underpin its impact: flatlining UK productivity. Sajid Javid and Philip Hammond may not be on the same side this week, but both chancellors entered Number 11 to confront this same priority. On Wednesday, Javid stood [...]
Control game review: Alan Wake developer perfects its formula with this sci-fi blockbuster September 5, 2019 When David Lynch and Mark Frost came up with the pitch for Twin Peaks, they ignored the prevailing wisdom for creating a TV show. First they mapped out the town itself – the sheriff’s station, the high school, the woods – then they imagined the kind of people who might live there. The murder mystery [...]