Kremlin critic Navalny returns to prison after hunger strike hospital recovery June 7, 2021 Kremlin critic Alexei Navalny, who was sentenced to 2.5 years in February, has been returned to prison after recovering from a hunger strike at a hospital in a different prison. The opposition politician had declared a hunger strike in late March in a bid for better medical care in prison after experiencing acute leg and [...]
Sir Martin Sorrell’s ad agency terminates office leases to go fully hybrid June 7, 2021 London-based S4 Capital, the advertising agency run by Sir Martin Sorrell, has terminated several office leases as staff are being encouraged to adopt fully flexible hybrid working practices. The advertising guru, who resigned from his previous firm WPP in 2018, said creativity is not being lost by the arrangements. “We always knew that our people, [...]
Screenshot: Is Channel 4 facing a Great British Sell-Off? June 4, 2021 This week **Media Moment of the Week: Baby Musk (Doo, Doo, Doo, Doo, Doo, Doo) **Is Channel 4 facing a Great British Sell-Off? **Etsy dials into Gen Z fashion Media Moment of the Week: Baby Musk (Doo, Doo, Doo, Doo, Doo, Doo) It’s fair to say Elon Musk has a bit of a reputation for [...]
Sunak ‘confident’ of tech tax progress ahead of G7 finance meeting June 4, 2021 Chancellor Rishi Sunak has said he is “confident” of making “concrete progress” towards a global deal for taxing digital giants when the G7 finance ministers meet over the weekend. Taxing firms such as Amazon and Facebook has become an area of disagreement between the US and a number of other countries. Earlier this week the [...]
US slaps tariffs on UK goods in push for global tax deal June 3, 2021 The US has slapped new trade tariffs on six nations including the UK as President Joe Biden seeks to corral fellow economies into backing his proposals for a global tax deal. After announcing tariffs worth 25 per cent against $2bn worth of goods from the UK, Italy, Spain, Turkey, India and Austria, the White House [...]
City Moves: Who’s switching jobs in the Square Mile this week? June 2, 2021 City PM‘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. Brown Advisory expands London office with senior hires Investment management firm Brown Advisory has bolstered its London office this week with two senior hires as its collection of assets hits $15bn. [...]
Shark bait: Elon Musk tweet sends Baby Shark shares soaring June 2, 2021 Shares in a major investor in the company behind Baby Shark soared today after Elon Musk took to Twitter to say the viral kids’ song “crushes all”. Samsung Publishing saw its shares climb as much as 10 per cent following the tweet to their highest level in more than a month. The South Korean company [...]
Sarah Everard died from ‘compression of the neck’, police said June 1, 2021 A post–mortem found Sarah Everard, who went missing in March, died from compression of the neck, police have said. Everard, 33, went missing as she walked home from a friend’s house in Clapham on March 3. Her body was found a week later in woodland in Kent. The Metropolitan Police said on Tuesday: “A post-mortem [...]
Sadiq Khan: TfL settlement is not the deal we wanted June 1, 2021 London Mayor Sadiq Khan has hit out at the emergency funding package signed off today by Government and TfL to keep the capital running. The deal includes a raft of cuts across Transport for London’s operations and does not go as far as many hoped in providing a long-term settlement for the capital’s transport network. [...]
Russia to set up 20 new military units in west to counter Nato’s ‘growing threat’ May 31, 2021 The Russian military will form 20 new units in the country’s west this year to counter what it claims is a growing threat from Nato. Defence minister Sergei Shoigu made the announcement at a meeting with top military officials. He pointed to a growing number of flights by US strategic bombers near Russia’s borders, deployments [...]
