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Pearson chairman quits after investor revolt over £7.2m golden hello

Pearson chairman quits after investor revolt over £7.2m golden hello

Odey fund cashes in on Deliveroo flop

The Mayfair-based Odey Asset Management fund took a so-called 'short' position on the day of the float, or initial public offering (IPO), meaning it would profit if shares fell.

MARKET REPORT: Strongest demand for 20 years lifts Taylor Wimpey

FTSE 100-listed Taylor Wimpey reported that the average price of its houses rose in the first four months of this year compared with going rates at the end of 2020. It did not say by how much.

Serial leaking of spending policies risks eroding public trust, think tank warns

A new report by the National Institute of Economic and Social Research says the Government should implement formal timetables for major fiscal events.

Dignity's chairman ousted in coup led by firm's biggest shareholder

Shareholders backed the argument for change at the top made by Phoenix Asset Management, which has built up a 29.9 per cent stake in Dignity in recent years.

EU’s legal pursuit of AstraZeneca looks short-sighted

It’s been hard to keep up with the European commission and EU leaders’ changing stances on the Oxford/AstraZeneca coronavirus vaccine. But the ferocity of complaints about delayed deliveries seemed to have lessened in recent weeks. When Angela Merkel, the German chancellor, had her first dose of the product last week, she thanked everyone who was involved in the vaccination campaign. News that the commission is about to sue AstraZeneca for its...

Ethereum price: ETH 'inches towards new highs' as crypto steals spotlight from Bitcoin

ETHEREUM has quietly outperformed Bitcoin this week, making solid gains where the flagship crypto suffered losses. As Ethereum hits new highs on Thursday, punters believe ETH has stolen some of the spotlight from BTC's hold on the market.

High Court paves way to answer the question: Who invented Bitcoin?

The High Court today paved the way for a case that could force the judges to take a view on The post High Court paves way to answer the question: Who invented Bitcoin? appeared first on CityAM.

UK financial watchdog to 'reset' how it protects consumers

UK financial watchdog to 'reset' how it protects consumers

Expats: Britons ‘should look to Portugal instead of Spain' for post-Brexit relocations

SPAIN is a much-loved destination for British expats looking to relocate and enjoy a sun-filled lifestyle. However, since Brexit an onslaught of new visa changes have experts recommending Portugal as the new destination for expats.

Lord Lamont urges Sunak to 'seize' Britcoin bounty or face being 'modern King Canute'

RISHI Sunak has been told the launch of a digital pound - or so-called "Britcoin" - can unlock "massive economic benefits" for the UK by Lord Lamont, one of his predecessors as Chancellor.

Revealed: The best-paid places to work according to Glassdoor

Glassdoor, a website that provides insights about companies and roles, has revealed the 25 places to work that offer the biggest pay cheques.

The US climate target blows Australia’s out of the water

The US climate target for 2030 blows Australia’s out of the water. Together with dramatically strengthened targets by several other major countries, it resets expectations. And it puts big pressure on Australia to lift our game. If we don’t, we will be seen in the ranks of countries such as Russia, Saudi Arabia and Brazil. If we do, it will help position the economy for the future. The US has now pledged to cut emissions by 50% to 52% by 2030...

UK consumer sentiment touches 13-month high: GfK

UK consumer sentiment touches 13-month high: GfK

Will SafeMoon go to the moon? 6 things to know about SafeMoon - investors warned

SAFEMOON has soared in popularity and value in recent weeks after launching on March 8 this year. Here are six things you need to know about SafeMoon before investing.

Pearson chair to step down after £7.2m row with shareholders

Sidney Taurel will step down from chair of Pearson, after rowing with shareholders over handing new chief executive Andy Bird The post Pearson chair to step down after £7.2m row with shareholders appeared first on CityAM.

Mario Draghi's Bitcoin vow dismantled by Lagarde: 'Not our responsibility!'

MARIO DRAGHI expressed the view that it is not the responsibility of the European Central Bank (ECB) to regulate Bitcoin - but his successor, Christine Lagarde, seems to be moving in a different direction.

Here we go! Truss hails 'great' Australia trade talks -£18bn post-Brexit deal within reach

LIZ TRUSS has concluded a day of talks with her Australian counterpart, as the two countries look to finalise a free trade agreement.

Airlines look past slow recovery to post-pandemic travel

Airlines look past slow recovery to post-pandemic travel

Australian trade minister 'absolutely confident' of deal with UK

Australia and Britain are heading towards a free trade deal during two days of talks in London.

DWP chiefs draw up plans to let private firms run Universal Credit hotlines

EXCLUSIVE: Up to seven phone lines including general enquiries and evidence-gathering could form part of a new 'strategic contract' with private firms from May 2022 - angering unions and Labour

Cameron lobbied Bank of England chief: Emails show what ex-PM wrote

The former UK PM also texted the Treasury's top civil servant as part of a 'persistent' campaign by the finance firm, for which he was an adviser, to get access to huge Covid loans, it was revealed.

Mortgage amounts increasing as 'high-risk areas expanding' - UK areas most at risk

CAUTIOUS mortgage lenders are revising their loan to value amounts due to factors such as high winds and flooding.

CD Projekt plans dividend after Cyberpunk 2077 sales neared 14 million last year

CD Projekt plans dividend after Cyberpunk 2077 sales neared 14 million last year

'I'm hoping collaboration can continue across borders' says Novavax vaccine maker

The British manufacturer of the next coronavirus vaccine likely to be approved for general use in the UK has called on international governments to cooperate to ensure the global rollout is not interrupted by disputes.

Biden will increase top income tax rate and hike capital gains tax

President Biden plans to fund his new 'human infrastructure' proposals by raising the top income tax rate to 39.6 per cent and nearly doubling capital gains tax rates for big earners.

Earth Day: Three small businesses trying to improve the world

While we often think of big business trying to change its ways, small businesses and start-ups are often at the forefront of ideas that can help improve the planet.

Oil edges higher on U.S., Europe demand hopes

Oil edges higher on U.S., Europe demand hopes

Flex offices: see what the future of work looks like

20 celebrities you can hire for your event

Want an actual pop star to play your wedding? Didn’t know it was possible? It is, but getting someone like Calvin Harris to spin at your party isn’t quite as easy as booking your average wedding DJ. You have to go through their agent, or, better yet, someone they’re personally connected with. Not only will you have to pay their booking fee, you’ll also have to cover travel and accommodation for the headlining act, whether that’s Drake or Kelly Clarkson, and their crew and production staff (and these names won’t settle for flying economy or a suite at the roadside Holiday Inn.) That’s if they can fit in the time between packed tour schedules and whatever else they have going on. But if you can make it work? You’re in for a truly unforgettable experience.

How the Dragons' Den tycoons made their mind-blowing fortunes and who is the richest

Current Dragons Peter Jones, Deborah Meaden, Touker Suleyman, Tej Lalvani and Sara Davies have built up incredible business empires, but some are worth considerably more than others

Amazon's new CEO is 'crypto-curious' as traction builds on retailer to accept Dogecoin

AMAZON's new CEO Andy Jassy has been dubbed "crypto-curious" as the online technology company has been urged to accept Dogecoin.

Credit Suisse forced to seek £1.3bn lifeline after taking a double whammy from Greensill collapse and implosion of hedge fund Archegos

The Swiss banking giant confessed to racking up losses of £594m in the first three months of the year. Bosses said it had been on course for its best performance for a decade, before the disasters struck.

Steven Seagal's $3.4m bulletproof mansion will make your jaw drop

Steven Seagal has just listed a bullet-proof estate in Scottsdale, Arizona for $3.4 million (£2.4m), offering us a sneak peek through the keyhole of this curious, fortress-like property.

How do I buy SafeMoon?

SAFEMOON has gained traction in recent days after surging in value. But how do you buy SafeMoon?

KKR-backed KnowBe4 valued at over $3.5 billion in strong Nasdaq debut

US-KNOWBE4-IPO:KKR-backed KnowBe4 valued at over $3.5 billion in strong Nasdaq debut

Brexit fishing fury: Boris accused of export stitch-up - Scottish salmon fishermen hit out

BORIS JOHNSON has come under fire in another Brexit fishing row after an industry body raged figures from HMRC for Scottish salmon exports to the European Union in January are "very, very wrong".

Can you mine Dogecoin? What you need to know about DOGE mining

DOGECOIN mania has swept the world, with celebrity endorsements from the likes of Elon Musk pushing the "memecoin" to record-high prices. But can you join the DOGE hype train by mining the crypto token?

How to apply for Healthy Start vouchers: Who can take part in the scheme – and where you can use vouchers

Rashford has also teamed up with chef Tom Kerridge to create a list of recipes for families to cook using food bought from the vouchers

FirstGroup ends US journey with £3.3bn EQT Infrastructure deal

Tens of thousands of American yellow school buses will be given a new owner on Friday when their London-listed parent announces that it has offloaded them in a deal worth about $4.6bn (£3.3bn).

Bitcoin ban: Value predicted to halve as cryptocurrency may be ‘outlawed like 1930s gold'

BITCOIN's value has been predicted to halve after it was tipped to be "outlawed" by the US government "the way gold was," by legendary investor Ray Dalio.

Asian shares shake off U.S. tax worries, cryptocurrencies plunge

Asian shares shake off U.S. tax worries, cryptocurrencies plunge

Boost for City as Canadian chip designer announces £3bn London float

Paying tribute to rivals such as Arm and Imagination Technologies, Alphawave IP said it chose the City because of the UK's 'incredible technology and semiconductor industry'.

HSBC manager goes viral trying to inspire people to fix work-life balance after stress-related heart attack

In a LinkedIn post that has gone viral, an HSBC manager in the UK is promising to alter his work-life balance and try to inspire others to do the same after suffering a stress-related heart attack. On Sunday, when Jonathan Frostick sat down to prepare for the week ahead at work, he suffered a heart attack that left him reexamining his life. In the post, which has garnered 200,000 reactions on LinkedIn, Frostick said he wouldn’t spend “all day on...

Tax codes explained: What my new 1257L code means, and full list of HMRC changes for 2021/22

There are different tax codes used in Scotland, England, Northern Ireland, and Wales – here’s what they all mean

London market recovery continues following grim start to the week

London’s main market continued to rise on Thursday, after rebounding yesterday following a disastrous Tuesday, in which the market fell The post London market recovery continues following grim start to the week appeared first on CityAM.

Chip pioneer chooses UK for $4.5bn market debut

Chip pioneer chooses UK for $4.5bn market debut

Chairman of Pearson quits after clashing with shareholders over chief exec's lavish pay packet

Sidney Taurel's decision to quit comes after the publisher suffered an embarrassing shareholder revolt over its decision to give boss Andy Bird up to £5.9m in annual pay, and a 'golden hello' worth £7m.

European markets rise as ECB flags ‘clear signs of economic improvement’

The FTSE 100 closed 42.95 points, or 0.62%, higher at 6,938.24 on Thursday.

The 6 best CBD oil brands available to buy in the UK (2021)

Blessed CBD is #1 in our 2021 updated buyer’s guide for the best CBD oils in the United Kingdom, says Consumer Logic Research.