City Moves: Who’s switching jobs in the Square Mile this week? January 19, 2022 City A.M.’s Millie Turner provides a roundup of the most important hires and job moves across the City, every morning. Email [email protected] to be featured. Standard Chartered Standard Chartered has appointed a new group general counsel who will be based in London. Dr Sandie Okoro, who has been senior vice president and World Bank group general counsel for the past five years, [...]
Cancel the tax hike – inflation is biting into the recovery enough already January 18, 2022 ASK ANYBODY in and around Westminster what the ‘story of 2022’ will be and it’s hardly surprising that most point not to Downing Street parties or the pandemic but the cost of living. The Tories are acutely aware of the pain coming down the road – Labour keen to capitalise. Well, it’s already the story [...]
The City View: January 18: A bumper tech deal and aviation January 18, 2022 Today Andy Silvester is joined by Skytra’s Co-Founder and Chief Sales and Marketing Officer Elise Weber, and by City PM’s Leah Montebello for news about a mega-deal struck between Microsoft and Activision Blizzard. Andy also takes us through the headlines, including news about the impact inflation is having on Britons’ wallets and a warning by [...]
Virgin Galactic distances itself from chairman after controversial Uyghur comments January 18, 2022 Virgin Galactic has distanced itself from comments made by its chairman yesterday, urging that his views do not reflect that of the company’s. Chairman Chamath Palihapitiya told the All-In Podcast audience that “nobody cares about what’s happening to the Uyghur Muslims.” Venture capitalist Palihapitiya, amidst a discussion of human rights, said “of all the things [...]
City of London launches grant scheme for Omicron-hit Square Mile businesses January 18, 2022 Retailers and hospitality businesses that have been hit by a collapse in footfall due to work from home guidance will be able to apply for a grant from Canada Corporation, it was confirmed last night. The Corporation, the Square Mile’s governing body, has put in the majority of the money behind the [...]
Corporate standards might be well noted down the road in Whitehall January 17, 2022 A mischief-making tweeter last week asked whether a CEO caught in breach of lockdown restrictions would be given the same second chance that Boris Johnson seemingly has been given by his party. The answer came yesterday – when Antonio Horta-Osorio stepped down as Chair of Credit Suisse after two ill-advised quarantine breakouts. Whatever the ins [...]
The City View: January 17: Credit Suisse and the BBC January 17, 2022 In this episode, Andy Silvester discusses the latest scandal at Credit Suisse, proposed changes at the BBC and a week’s worth of inflation data.
Sweat is weakness leaving the body: Europe’s highest gym launches in City’s new 22 Bishopsgate skyscraper January 17, 2022 Europe’s highest gym will soon be in the Square Mile as fitness operator BXR London told City PM this afternoon it is moving in on the 25th floor inside the new 22 Bishopsgate tower. The BXR City branch will also contain one of the highest climbing walls in the world when it will open next [...]
FCA chief operating officer Stephanie Cohen to step down January 17, 2022 The City watchdog’s chief operating officer Stephanie Cohen will step down later this year for personal reasons. BlackRock veteran Stephanie Cohen joined the Financial Conduct Authority in 2021, but an internal email seen by City PM informed staff this morning that she would be moving on “later this year.” Cohen was one of a series [...]
Sir Martin Sorrell eyes up ad-tech with new £110m venture capital fund January 16, 2022 Advertising boss Sir Martin Sorrell is launching a £110m venture capital fund aimed at early-stage ad-tech companies.
