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Amazon.com
Amazon scraps $1.45bn iRobot purchase over EU’s threat to block deal
...Glen Weinstein, iRobot’s executive vice-president and chief legal officer, has been appointed interim chief executive....
January 29, 2024
The Art Market
Go East: Singapore in the spotlight
...The first of these “Scenes” runs February 6-March 2 with work by Glen Pudvine (b1989, £3,500-£11,000), whom Carey-Williams first encountered at Pudvine’s Royal Academy Schools’ graduate show....
January 18, 2024
ReviewFashion shows
At London Fashion Week, designers refocus on good clothes
...Daniel Lee’s Burberry debut swept through London Fashion Week like a breath of fresh air....
February 22, 2023
UK financial regulation
UK financial regulators warned to improve transparency
...“We want to use smart, sensible, common sense regulatory reform to spur investment from every corner of the world into UK plc because that’s our core,” John Glen, chief secretary to the Treasury, told a...
December 6, 2022
UK business
British business enjoys surprise rebound after six-month decline
...“The sun broke through in February after six months of gloom with a swift and significant jump in output for private sector business,” said John Glen, Cips chief economist....
February 21, 2023
UK government spending
Hunt lines up raid on bank profits to help fill £40bn UK fiscal hole
...John Glen, former City minister, said an effective tax rate of 33 per cent, plus national insurance contributions, would leave Britain as an international “outlier in terms of the overall tax burden”....
October 18, 2022
UK economy
UK business confidence hits two-year low as recession fears mount
...“Optimism among private sector firms was the best for eight months signalling the downturn may not be as long and protracted as feared,” said John Glen, Cips chief economist....
January 24, 2023
UK financial regulation
Former Sky executive picked to lead City reforms
...He succeeds John Glen, who was a popular City minister during a turbulent four years punctuated by Brexit until his exit in July after Johnson announced he would step down....
September 12, 2022
Interactive Investor Services Ltd.
Interactive Investor explores IPO amid retail investing boom
...Wilson, along with his counterparts at Hargreaves Lansdown and AJ Bell, sent a letter to John Glen, City minister, calling on the government to encourage companies to include retail offers in new flotations...
March 20, 2021
UK financial regulation
City minister seeks to calm fears over job moves to EU after Brexit
...Glen said no EU financial capitals were yet able to compete entirely with London....
April 26, 2022
Coronavirus economic impact
More than £1.1bn in fraud stopped in UK bounce back loan scheme
...Mr Hollinrake is in talks with the chancellor, Rishi Sunak, and City minister John Glen to try to find a solution....
November 5, 2020
InterviewLondon fights for its future
City of London’s top official calls for closer UK-EU co-operation
...John Glen, economic secretary to the Treasury and City minister, on Tuesday agreed with estimates by accounting firm EY that about 7,000 jobs have moved from the Square Mile to the EU since Brexit....
April 29, 2022
UK economy
City minister flags cut to tax surcharge on UK financial sector
...Glen said that was “a matter for them”....
September 20, 2021
The Big Read
Why the UK joined the race to woo the crypto industry
...“I didn’t read [Glen’s remarks] as seeing Bitcoin and Litecoin as the future of investment.”...
April 28, 2022
Brexit
UK seeks ‘investment big bang’ with Solvency II reform
...John Glen, City minister, told the FT: “Now we’ve left the EU we are determined to ensure the rules around the insurance sector work in the best interests of the UK....
February 10, 2022
IPOs
UK tech sector seeks more listing reforms to keep IPOs rolling
...Last week, bosses of tech groups such as Checkout.com, Klarna and Graphcore were invited to Downing Street to meet City minister John Glen and officials to discuss the progress made in attracting founder-led...
February 7, 2022
Hedge funds
Investors grow frustrated with hedge funds after historic losses
...Fellow cub Glen Kacher’s Light Street was down more than 40 per cent....
August 3, 2022
Coronavirus economic impact
Sunak cuts short US trip to tackle Covid crisis in UK hospitality
...Those on the call said Simon Clarke and John Glen were in “listening mode” but did not make any commitment to increase financial aid to the sector....
December 16, 2021
Due Diligence
How obeying an activist investor can destroy value Premium content
...Daniel Loeb’s Third Point fell about 20 per cent in the same period, according to investor documents....
August 4, 2022
Pensions industry
UK pension funds urged to back investment ‘big bang’
...This has been supported by the productive finance working group, chaired by City minister John Glen, which is looking at barriers to investment in such assets....
August 4, 2021
UK financial regulation
Ministers plan overhaul of capital market rules to boost City
...City minister John Glen told Bloomberg that the review would be “as broad and as inclusive as possible so that we really look at everything”....
March 11, 2021
London fights for its future
‘Digital big bang’ needed if UK fintech to compete, says review
...John Glen, economic secretary to the Treasury, said more than 70 per cent of digitally active adults in the UK use a fintech service “but we must not rest on our laurels . . . all it takes is a bit of complacency...
February 26, 2021
News in-depthHedge funds
Hedge funds rethink tactics after $12bn hit from meme stock army
...Light Street Capital, the fund led by ‘Tiger cub’ alumnus Glen Kacher, was also hit early this year and again in May, with losses in the first quarter predominantly driven by soured short bets....
June 25, 2021
Workplace diversity & equality
City group seeks to loosen public school grip on top jobs
...City minister John Glen said that by “breaking down socio-economic barriers to progression, our financial services sector will become more innovative and competitive, and help to level up the UK”....
November 24, 2020
Travel
A far-flung Faroese island has a brush with Bond
...But there was a moment when every Londoner in the cinema felt at least a twitch of pride as they watched superspy James Bond (Daniel Craig) pootling about the city in an Aston Martin and having a riverside...
October 8, 2021

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