Civil service jobs solely dedicated to equality, diversity and inclusion (EDI) are set to be axed, the minister for ‘common sense’ has announced. Esther Mcvey warned Whitehall must not become …
May 2024
Plans for an Asda ‘town centre’ linking London’s Old Oak and Park Royal
Supermarket giant Asda will develop its ten-acre Park Royal site in West London, building 1,500 homes, with a third being ‘affordable’. The Issa brother-owned grocer has entered into an agreement …
Nadhim Zahawi’s lawyer from Osborne Clarke referred to disciplinary tribunal
Nadhim Zahawi’s lawyer from Osborne Clarke who made headlines after threatening tax expert Dan Neidle with libel now faces a disciplinary tribunal. Neidle, a tax lawyer, formerly of magic circle …
Former O2 and Pizza Express boss takes chairman seat at Gaucho-owner Rare Restaurants
Hospitality grandee David Campbell is to take the chairman’s role at Rare Restaurants, the group behind the Gaucho and M restaurant brands. Campbell was founding CEO at Virgin Radio before …
Higher wage growth has not fuelled inflation – but it will if productivity does not improve
Strong wage growth has been a major concern for the Bank of England as it considers when to start cutting interest rates. Real wages have grown by around two per …
BBVA could raise offer for Sabadell by selling TSB, analysts say
Analysts have argued that Spanish banking giant Banco Bilbao Vizcaya Argentaria (BBVA) could raise its hostile takeover bid for smaller domestic rival Banco Sabadell by selling its UK arm TSB. …
Busy claims year drives demand for risk professionals in London insurance market
Vacancies for risk professionals in insurance companies are on the rise as the sector battles yet another busy claims year, which has resulted in a buoyant hiring market. According to …
Anglo American rejects second BHP takeover bid – this time worth £34bn
Anglo American has rejected a second takeover bid from BHP – which was worth £34bn – it has been confirmed. The FTSE 100-listed mining company received a first offer in …
SME lender Simply Asset Finance posts record revenue as small firms shun big banks
Specialist lender Simply Asset Finance has posted a record annual revenue as small and medium-sized enterprises (SMEs) turn away from big banks for funding. The London-based firm reported revenue of …
Britain’s bad bosses finally show some signs of improvement
Management quality among British firms has shown signs of improving over the past few years, according to official data, which could provide the economy with a sorely needed productivity boost. …