Category: boss
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CBI boss warns Reeves’s farm tax raid could hobble Britain’s economy
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Rachel Reeves Plan to reduce the relief of the inheritance tax for farmers risking growth and destabilizing the broader economy, according to Rain Newton-Smith, President of the British Industry Union (CBI). In his speech to the National Farmers Union (NFU) on Tuesday, Newton Smith criticized the advisor’s decision to reduce…
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Global jobs slump at two-decade low, warns Hays boss, as hiring freeze persists
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The global recruitment market is steeped in its longest shrinkage in more than 20 years, according to Hays CEO, the largest employment group listed in Britain. He said: “I have been in this work 27 years ago and I have never seen a global contraction like him,” noting that “continuous…
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‘Poor maths skills’ blamed for rising benefits bill, says Santander UK boss
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William Vereker, UK head of Santander Bank and a former business envoy under Theresa May, attributed Britain’s high benefits bill and long-term unemployed to poor numeracy and poor understanding of financial basics. Speaking against the backdrop of the rapidly rising sickness benefit budget, Vereker warned that many people ignore the…
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Car finance crisis set to cost billions and dent investor confidence, warns Lloyds boss
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A worsening car finance crisis could deal a major blow to Britain’s economic prospects, according to the head of the country’s largest retail bank. Charlie Nunn, chief executive of Lloyds Bank, warned that uncertainty caused by the latest court rulings was undermining investor confidence and risking a multi-billion-pound claims storm…
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Robinhood Legal Boss On Shortlist For Top Spot
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This article is also available in Spanish. There’s a big revamp coming to the Securities and Exchange Commission (SEC). For many reasons, this year’s US presidential elections have become the most important for cryptocurrencies. Cryptocurrency and blockchain technology have become an election issue, with both Republican and Democratic candidates angering…
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Robinhood Legal Boss On Shortlist For Top Spot
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This article is also available in Spanish. There’s a big revamp coming to the Securities and Exchange Commission (SEC). For many reasons, this year’s US presidential elections have become the most important for cryptocurrencies. Cryptocurrency and blockchain technology have become an election issue, with both Republican and Democratic candidates angering…
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Former Asda boss Mohsin Issa invests £10m in sports supplement firm ahead of London IPO
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Billionaire retail tycoon Mohsin Issa, the former chief executive and co-owner of Asda, has made his first major investment since stepping down from the supermarket giant, investing £10m in Liverpool-based sports supplements company Applied Nutrition. The company is preparing to offer its shares for public subscription on the London Stock…
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Treasury boss declines US envoy job amid Adani deals
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Americans know him as the Deputy Chief of Mission at the Kenyan Embassy in Washington, DC. But Kenyans know him as the Director-General of Public-Private Partnerships (PPP) at the Treasury and the main explainer of the controversial deal in which Indian billionaire Gautam Adani wants to manage and develop the…
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Trafigura’s New Boss Is Ex-Soldier Who Says Profit Comes First
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Breadcrumbs Path Links PMN Business Richard Holtom is set to become the third CEO in Trafgura’s history. Article author: Bloomberg News Jack Farchie, Archie Hunter and Alfred Kang Published on September 21, 2024 • Read for 6 minutes You can save this article by registering for free here. Or log…
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Trafigura’s New Boss Is Ex-Soldier Who Says Profit Comes First
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Breadcrumbs Path Links PMN Business Richard Holtom is set to become the third CEO in Trafgura’s history. Article author: Bloomberg News Jack Farchie, Archie Hunter and Alfred Kang Published on September 21, 2024 • Read for 6 minutes You can save this article by registering for free here. Or log…
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MPs summon Thugge, CMA boss over NSSF bonds trade
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Parliament has summoned Central Bank of Kenya Governor Kamau Thuji and Capital Markets Authority CEO Wycliffe Shamia over suspicious bond trading between some brokers and the National Social Security Fund. The National Assembly’s Finance and National Planning Committee wants the two regulators to shed light on alleged irregularities in bond…
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Bentley boss takes charge to steer Aston Martin through electric revolution
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Choosing between two of the world’s leading supercar brands might seem like an enviable dilemma, but for Adrian Hallmark, who made the switch from Bentley to Aston Martin Lagonda, the decision is fraught with peril. Hallmark, 61, becomes Aston Martin’s fourth chief executive in two years, taking the reins at…
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HUGO BOSS maintains resilience amid market challenges By Investing.com
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Amidst global economic headwinds, HUGO BOSS AG (ETR: BOSS) has reported a slight sales decline and a notable decrease in EBIT for the second quarter of 2024. CFO and COO Yves Müller, during the earnings call, emphasized the strength of the company’s CLAIM 5 strategy and its success in limiting…
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Marius van der Ham: AirFrance-KLM Kenya boss privilege and small ego issue
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The love story of the dark suit and the crisp white shirt has been written ad nauseam, but I didn’t write it. I’m different. It’s not news, but because I said it, it’s new. At least that’s what I think when Marius Van der Ham, Air France-KLM’s general manager for…
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Parliament wades into secret public debt boss hiring saga
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The National Assembly directed the Treasury to appoint a new director general for the public debt management unit within 60 days amid secrecy over the hiring process that began in January. The Treasury and the Public Service Commission, which oversees the recruitment of civil servants, are guarded over the position…
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Australia’s Tabcorp appoints former AFL boss Gillon McLachlan as CEO By Reuters
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(Reuters) – Australian gambling services company Tabcorp Holdings on Monday appointed former Australian Football League (AFL) president Gillon McLachlan as its chief executive and managing director. The appointment comes months after former president Adam Rettenskilde resigned over allegations of using “offensive” and “inappropriate” language in the workplace and as the…
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64% Of BNB Belongs To Former Binance Boss
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Changpeng Zhao (CZ), the former CEO of Binance, a leading cryptocurrency exchange, is currently serving a four-month prison sentence for violating anti-money laundering regulations. Despite his imprisonment, Czechoslovakia’s control over Binance Coin (BNB), the platform’s native token, remains strong. According to a hadith forbes report, CZ holds a staggering 64%…
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64% Of BNB Belongs To Former Binance Boss
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Changpeng Zhao (CZ), the former CEO of Binance, a leading cryptocurrency exchange, is currently serving a four-month prison sentence for violating anti-money laundering regulations. Despite his imprisonment, Czechoslovakia’s control over Binance Coin (BNB), the platform’s native token, remains strong. According to a hadith forbes report, CZ holds a staggering 64%…
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Tourist Tax Diverts Wealthy Visitors from London to Paris and Milan, Claims Cadogan Estates Boss
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The UK’s “tourist tax” is driving wealthy international visitors away from London to destinations such as France, Italy and Spain, according to Hugh Seaborn, chief executive of Cadogan Estates, one of London’s largest landowners. Seaborn, whose company owns 90 acres of prime land in Chelsea, including Sloane Street and King’s…
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Equity taps AAR boss to head new health insurance subsidiary
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Equity Group has appointed AAR Insurance Holdings CEO Patrick Gatunga as managing director of its new health insurer, as the financial services firm deepens its foray into the underwriting business. Sources said Mr Gatunga, who has been CEO of AAR since September 2022, has moved to Equity Group where he…