Boris Johnson’s mobile number available online for the past 15 years April 30, 2021 The Prime Minister’s mobile number has been online for a decade and a half, meaning thousands of people could have access to Boris Johnson’s phone number. Johnson’s contact details were listed on a 2006 press release from his time as MP for Henley. Gossip newsletter Popbitch gave its readers clues on how to fine the [...]
Highest paying companies in the UK revealed April 30, 2021 Banking, consulting and technology firms dominated the list of the UK’s highest paying companies, according to the latest data from Glassdoor. City of London-based Man Group has topped the rankings as the best paying financial firm in the UK, with median base salary of £85,312. Total compensation – meaning salary and bonus – at active [...]
Clifford Chance to work minimum of 50 per cent in the office post-pandemic April 30, 2021 Clifford Chance will expect staff to be in the office for at least 50 per cent of the week post-pandemic, as the law firm moves to a more flexible way of working. The new approach means staff at the Magic Circle law firm could work remotely for up to 50 per cent of the time. [...]
EY hands £1,100 pandemic ‘thank you’ bonus to non-partners April 30, 2021 EY will hand out payments of around £1,100 to non-partners next month as a thank you for the work carried out during the Covid-19 pandemic. Some 17,000 UK staff will receive the one-off payment, which is in addition to EY’s normal salary review and bonus that take place in October. EY is the second of [...]
City regulator proposes easing suspension rule for listed SPACs April 30, 2021 The financial watchdog is consulting on a raft of changes to UK SPAC listings, including the rules around SPAC trading suspension when the vehicle identifies an acquisition target. Following a surge of SPAC or “blank check” company listings on Wall Street and more recently in Europe, London is keen not to be left behind. The Financial Conduct [...]
ITV in talks to take stake in BT Sport April 30, 2021 ITV is one of the parties in talks to buy BT Sport, a move that could bring major football back to free-to-air television if the sale went ahead. BT yesterday confirmed it was in talks with major streaming platforms to offload a stake in its television arm as it focuses on its broadband division. ITV [...]
Paper documents for international trade could be scrapped under new proposals April 30, 2021 The Law Commission has started consulting on proposals that could see paper documents in some areas of international trade scrapped in favour of electronic documents, a move that could save billions of pounds. International trade still relies on the use of paper documents, which is both costly and inefficient, and recently became an additional risk [...]
Man forced out of job after 40 years while battling cancer wins £2.5m payout April 29, 2021 Former KBR employee David Barrow has been awarded more than £2.5m after his employer’s decision to dismiss him for discriminatory reasons. Barrow, 64, won his claims for unfair dismissal, harassment and unfavourable treatment after he was let go from KBR, a Texas-based engineering and infrastructure company. The decision was made at a London employment tribunal. [...]
FCA looks into high risk investment promotion amid Bitcoin boom and TikTok ‘finfluencer’ trend April 29, 2021 The City regulator is looking for views on how to tackle the issue of high-risk investment promotions, fearing too many consumers are unwittingly taking too much risk with their money. The Financial Conduct Authority (FCA) is concerned consumers are investing in inappropriate, high-risk investments that are unsuitable for most people. The watchdog has recently warned [...]
Linklaters promotes Alex Beidas to global head of employment & incentives April 29, 2021 Magic Circle firm Linklaters has made Alex Beidas global head of employment & incentives, taking over from Nicola Rabson, whose tenure in the role ends on 30 April. Beidas will stay in the new role for four years, where she will be in charge of supporting clients. Rabson will return to her role as partner, [...]