Where the City’s movers and shakers have their say. Today, it’s Mimi Ikonn, co-founder of wellness brand Intelligent Change. As February gets underway, many find themselves grappling with the reality …
February 2024
Returns, returns, returns: Auchincloss shows that companies must be run for shareholders
Who knew that Murray Auchincloss was the boss we’ve been waiting for? Promoted into the top job in unusual circumstances, the new BP chief was a breath of old-fashioned fresh …
UK agencies failing to punish top execs for corporate misconduct, report warns
UK regulators and prosecutors are failing to properly hold senior executives to account for acts of corporate misconduct, a new report has warned. Where corporate fines are imposed, whether through …
How social media giant Snap has been snapped back to reality
The original social media disruptor has been disrupted itself. Can it turn round mounting losses? Like its vanishing photos, Snapchat itself is facing up to fears it might too be …
London jobs market struggles to recover from impact of hybrid working
London’s jobs market is languishing well below its pre-pandemic levels as the capital continues to adjust to the impact of hybrid working, new data shows. Job postings across London are …
Over-hiring blamed as UK consultancy job vacancies nosedived last year
The number of job vacancies at UK consultancies dropped by more than 80 per cent last year, as experts park the blame on firms over-hiring coupled with the drop in …
Bank of England’s bond sales a ‘leap into the dark’, warn MPs – with £130bn of taxpayers’ cash in play
The Bank of England’s quantitative tightening (QT) programme is a “leap in the dark” which has not yet been adequately stress-tested, MPs have warned. In a report published today, the …
Bank of England to cut interest rates in May as inflation forecast to undershoot target by summer
Inflation will fall to two per cent in the spring and stay there enabling the Bank of England to cut interest rates in May, according to new forecasts. Falling energy …
UK M&A deals sink in 2023 as private equity surges
UK Mergers and Acquisitions (M&A) fell sharply last year, declining by 17 per cent compared to a global decline of just six per cent. In total, the UK saw 3,628 …
ULEZ: Watchdog scolds TfL and London mayor Sadiq Khan over misleading ads
Transport for London (TfL) and the Mayor of London have received a scolding from the UK’s advertising watchdog for misleading radio ads surrounding the ULEZ expansion. In a highly complex …