After the Nvidelity comes the Huangover. Jensen Huang joins long list who confused boardroom and bedroom
Klarna UK boss quits but predicts BNPL firm will “trailblaze” in payments and banking May 19, 2023 Klarna’s UK boss Alex Marsh announced today that he was stepping down having been at the firm for four and half years. Marsh, who joined Swedish buy-now pay-later (BNPL) firm Klarna in 2018, described his time at Klarna as “nothing short of phenomenal”. However, he said that a recent family tragedy has “brought home that [...]
Johnny Depp’s comeback performance in Jeanne Du Barry ‘a disappointment’, say critics May 19, 2023 Johnny Depp has made his comeback in Jeanne Du Barry, premiering at the Cannes Film Festival, but the critics aren’t keen. It’s Depp’s first film in three years, and the first since his high profile legal case against ex-wife Amber Heard in their defamation trial. Depp’s reputation was tarnished by the trial, but his team [...]
Bitcoin wallet address milestone is something to smile about May 19, 2023 Not in Miami, Jason Deane rounds up the week as he highlights what's going well for Bitcoin and not so well for Vladimir Putin.
Lloyds AGM hit by flexible working protests after telling staff to come back to the office May 18, 2023 Lloyds’ annual general meeting (AGM) was hit by protests about its flexible working policies and its fossil fuel financing, but all motions ended up passing with massive majorities. Speaking at the bank’s AGM in Edinburgh on Thursday, representatives from Unite argued that trialled changes to its hybrid working policies disadvantaged women, carers and working parents. [...]
Paul Scully launches bid to become London mayor – here’s how he hopes to win May 18, 2023 Conservative MP Paul Scully has pledged to switch off ULEZ cameras in the extended zone on “day one” if elected London mayor, as he launched his bid to be the Conservative candidate. Currently minister for London, Scully, MP for Sutton and Cheam, is pausing his frontbench work while he aims to be selected as the [...]
Explainer: Who will pay £10bn to fix the sewage scandal? May 18, 2023 Imagine some multi-billion company was throwing untreated sewage into your local river, then got caught, said they were sorry, and asked you to pay to clean it up. Welcome to Britain in 2023. Water UK, the industry body for water companies, today apologised for all the raw sewage spillages, and committed £10bn to be spent [...]
SP Hinduja: Tributes to patriarch of Britain’s richest family who dies aged 87 May 18, 2023 The patriarch of one of Britain’s richest families has died at the age of 87, his family say. Businessman Srichand Hinduja, whose family topped 2022 Sunday Times Rich List and was said to be worth more than £28 billion, “passed away peacefully” on Wednesday “looked after” by relatives, a family spokesman said. The spokesman described [...]
Square Mile and Me: Stuart Bedford on dealmakers, desert challenges and Villa Park May 18, 2023 Each week we ask the great and good of London’s finance world to take a trip down memory lane. This week, it’s Stuart Bedford, Head of Law at KPMG What was your first job? It was running a stock room at a wallpaper warehouse What was your first job in financial services? This was when I started out [...]
Starmer vows to break high-tax, low-growth ‘doom loop’ May 18, 2023 Sir Keir Starmer has vowed the Labour Party will ensure “investment thrives” in order to boost growth in the UK economy if he is elected Prime Minister. The opposition leader hinted he would step up government investment and launch policies to boost private investment. Asked by City A.M. about investment and tax and spending policies, [...]
Shaping the future of wellness May 18, 2023 A chance meeting between a former journalist and an academic in a Geneva clinic led to the formation of a multi-million-pound, global company that counts Hollywood stars Gwyneth Paltrow, Kate Hudson and Kim Kardashian among its customers. LYMA Life, the brainchild of Lucy Goff, exploded from a one-woman outfit in 2018, rejected by dozens of potential [...]