Tory poll lead collapses amid tax hike revolt July 24, 2021 The Conservative Party’s lead in the polls has slumped to its lowest in more than six months as Prime Minister Boris Johnson braces for a revolt over tax rises. The Tory margin over Labour has fallen from 13 percentage points to just four, according to a Yougov survey conducted this week for the Times. The [...]
Screenshot: Have Bezos and Branson ushered in a new era of space tourism? July 23, 2021 This week **Media Moment of the Week: Badger, mushroom, snake **Have Bezos and Branson ushered in a space tourism boom? **No more chill for Netflix Media Moment of the Week: Badger, mushroom, snake Want to feel old? The iconic animated badger video (you know the one) is now almost 18 years old. Aside from lamenting [...]
EY Parthenon brings on former government advisor Mats Persson as partner July 22, 2021 EY has announced the appointment of Mats Persson, a former chief of staff to Sajid Javid, as a partner in its strategy and transactions business. Persson had already been acting as an independent advisor over the last year, designing strategies for transport and energy companies, the auditing giant said in a statement published last week. [...]
Space-tech: Billionaire Bezos’ flight to space to draw in starry-eyed investors July 21, 2021 Following Amazon boss Jeff Bezos’ 10-minute venture into space yesterday, space-tech investment may be set to rocket, space-fund boss Mark Boggett has said. Just last week Boggett’s space investment firm Seraphim Space listed on the London Stock Exchange after rallying £178.4m from starry-eyed investors in mid-July. “Branson, Musk and Bezos initially cracked open the [...]
City Moves: Who’s switching jobs in the Square Mile this week? July 21, 2021 City A.M.’s Millie Turner provides a roundup of the most important hires and job moves across the City, every Wednesday afternoon. Email [email protected] to be featured. Ex-UBS and Canary Wharf Group chiefs join construction-tech firm British construction technology company Modulous has bolstered its London workforce with former Canary Wharf and UBS leads this week. Former director of the Canary Wharf Group Chris [...]
JPMorgan entices Jamie Dimon with “special” stock award to stay as CEO July 21, 2021 JPMorgan has granted Jamie Dimon 1.5m stock options, which could swell to tens of millions of dollars, to entice him to stay at the bank for a “significant number of years”. Dimon has been awarded the 1.5m options in the form of “stock appreciation rights” at Tuesdays average price of $148.73, that will allow him [...]
Who is lying? Downing Street flatly denies Cummings claim Boris Johnson insisted on seeing Queen early in pandemic July 20, 2021 Downing Street this afternoon flatly denied Dominic Cummings’ claim that Boris Johnson wanted to visit the Queen early in the pandemic despite coronavirus having hit No 10. The former chief aide in No 10 alleged that he had to convince the Prime Minister out of visiting her by warning of the potentially grave consequences. But [...]
‘What I Know Is…’: black professionals share their experiences July 20, 2021 | City Talk One of the main reasons for the under-representation of black professionals in investment management is the lack of knowledge and information about joining the investment profession and the opportunities that it can deliver. For the financial sector which is increasingly focused on sustainability and where corporates are increasingly rewarded for good ESG policies, ensuring that [...]
Parliamentary inquiry into Cameron Greensill saga says lobbying rules are ‘insufficient’ July 20, 2021 A parliamentary committee looking into the Greensill saga blasted ex-prime minister David Cameron for the “significant lack of judgement” he showed in his support for the failed firm. The “Lessons from Greensill Capital” report by the Commons Treasury Select Committee found that the current ministerial lobbying rules are “insufficient” and “there is a good case [...]
US, UK and allies accuse China of global ‘cyber sabotage’ including Microsoft hacks July 19, 2021 The United States government and a coalition of allies, including the UK and the EU, have accused China of a orchestrating a global cyber hacking campaign that included the major Microsoft attack earlier this year. A senior administration official speaking on behalf of the US government accused China’s Ministry of State Security of working with [...]
