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Tories Must Shake It up to Pull in the Numbers

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Tories Must Shake It up to Pull in the Numbers BUSINESS WITH PERSONALITY NEW AND THE DARKNESSWHY APPLE OF MY i FIRMS CAN’T IGNORE IMPROVED AIRPODS GET A WHAT’S GOING ON IN RIGOROUS ROAD TESTP25 THE DARK WEB P22 YOUR FREE THURSDAY 7 NOVEMBER 2019 ISSUE 3,495 CITYAM.COM Labour No 2 Watson to REGULAR THE TIMES THEY step down ANDY SILVESTER @silvesterldn LABOUR deputy leader Tom Watson sensationally stepped ARE A-CHANGING down as an MP last night after 18 years in the Commons. In a statement posted to his Twitter just as Boris Johnson formally launched the Tory PAPER election campaign, Watson thanked his constituents and vowed to stay in public life as a health campaigner. He said his decision was “personal, not political”. Watson has been at the centre of the tribal wars that → have dominated Labour politics since the election of Jeremy Corbyn as party leader in 2016. He was seen as the standard-bearer of the so- INSIDE called moderate left. The deputy leader fought off a coup attempt in MARKET LEADERS AND INVESTOR GROUPS CALL FOR A September of this year when hard-left allies of Corbyn SHORTER WORKING DAY ON THE CAPITAL’S TRADING FLOORS attempted to remove him. Watson’s legacy will include SEBASTIAN MCCARTHY for a 90-minute reduction to the day. lagging behind a wider financialer svices shorter could also mean less profit as his fight against the press in Long hours are impacting on traders’ industry push for more diversity and there would be less meti for activity.” light of the hacking scandal, @SebMcCarthy mental health and wellbeing, the bodies inclusion unless the longading tr day is Another chief executive said: “I agree and his backing of a probe into a historic powerful THE DAILY bustle on Europe’s high- warned, adding that a shortened day tackled by an industry-wide approach”. with the point that we need a more paedophile network in octane trading floors should be cut shortwould help recruit andretain employees However, today’s call has been met diverse workforce, but if you take off 90 usiness, it Westminster — a claim that by more than an hour in a bido timprove with families. with mixed reaction from those in minutes to the trading side of b later proved to be incorrect. mental health and diversity, two of the Calls for greater diversity on the the City. won’t solve much. tial trading floors come amid aider w push ot The boss of one of ritB ain’s largest “If anything, its worse on the Corbyn thanked Watson for financial industry’s most influen as improve the City’s culture, which has stockbrokers toldCity A.M.: “I just don’t investment banking side because the his service and said it w bodies have urged today. “not the end of our work The London Stock Exchange (LSE) has faced fresh scrutiny in recent months know whether this is practical in the total hours are longer.” following misconduct allegations in international world that we’re living City mmentato co r David Buik said: together.” He added: “I hope said it will begin a formal consultation e s, after receiving financial sectors such as insurance and now. People always get in the office from“Markets are never, ever shut to the horseradish plants I gav looking at working hour you thrive.” a letter from the Association orf banking. 7am too, so would this really make a accommodate anyone for any reason. E, difference?” Frankly if you live by the sword you must Financial Markets in Europe (AFME)d an April Day, head of equities at AFM LABOUR CITIES ROW:P2 the Investment Association (IA)alling c warned that “equities trading risks They added: “Making the period be prepared to die by it.” People’s Vote campaign hit by sex harassment claims and data privacy row EXCLUSIVE City A.M.understands People’s communications chief Tom Baldwin from Cardiff University p f STEFAN BOSCIA Vote chief executive and former and director James McGrory. Leighto A Labour election strategist Patrick The change was mastermind d @Stefan_Boscia Heneghan is facing allegations fo Open Britai THE PEOPLE’s Vote campaign has sexual harassment from at least o been engulfed in fresh controversy campaign empl as sexual harassment allegations have been levelled a i BUSINESS WITH PERSONALITY chi f BUSINESS WITH PERSONALITY THE DARKNESS WHY APPLE OF MY i NEW AND FIRMS CAN’T IGNORE IMPROVED AIRPODS GET A WHAT’S GOING ON IN RIGOROUS ROAD TEST P25 THE DARK WEB P22 THURSDAY 7 NOVEMBER 2019 ISSUE 3,495 CITYAM.COM FREE Labour No 2 Watson to THE TIMES THEY step down ANDY SILVESTER @silvesterldn LABOUR deputy leader Tom Watson sensationally stepped down as an MP last night after 18 years in the Commons. ARE A-CHANGING In a statement posted to his Twitter just as Boris Johnson formally launched the Tory election campaign, Watson thanked his constituents and vowed to stay in public life as a health campaigner. He said his decision was “personal, not political”. Watson has been at the centre of the tribal wars that have dominated Labour politics since the election of Jeremy Corbyn as party leader in 2016. He was seen as the standard-bearer of the so- called moderate left. The deputy leader fought MARKET LEADERS AND INVESTOR GROUPS CALL FOR A off a coup attempt in September of this year when SHORTER WORKING DAY ON THE CAPITAL’S TRADING FLOORS hard-left allies of Corbyn attempted to remove him. Watson’s legacy will include SEBASTIAN MCCARTHY for a 90-minute reduction to the day. lagging behind a wider financial services shorter could also mean less profit as his fight against the press in @SebMcCarthy Long hours are impacting on traders’ industry push for more diversity and there would be less time for activity.” light of the hacking scandal, mental health and wellbeing, the bodies inclusion unless the long trading day is Another chief executive said: “I agree and his backing of a probe THE DAILY bustle on Europe’s high- warned, adding that a shortened day tackled by an industry-wide approach”. with the point that we need a more into a historic powerful octane trading floors should be cut short would help recruit and retain employees However, today’s call has been met diverse workforce, but if you take off 90 paedophile network in by more than an hour in a bid to improve with families. with mixed reaction from those in minutes to the trading side of business, it Westminster — a claim that mental health and diversity, two of the Calls for greater diversity on the the City. won’t solve much. later proved to be incorrect. financial industry’s most influential trading floors come amid a wider push to The boss of one of Britain’s largest “If anything, its worse on the Corbyn thanked Watson for bodies have urged today. improve the City’s culture, which has stockbrokers told City A.M.: “I just don’t investment banking side because the his service and said it was The London Stock Exchange (LSE) has faced fresh scrutiny in recent months know whether this is practical in the total hours are longer.” “not the end of our work said it will begin a formal consultation following misconduct allegations in international world that we’re living City commentator David Buik said: together.” He added: “I hope looking at working hours, after receiving financial sectors such as insurance and now. People always get in the office from “Markets are never, ever shut to the horseradish plants I gave a letter from the Association for banking. 7am too, so would this really make a accommodate anyone for any reason. you thrive.” Financial Markets in Europe (AFME) and April Day, head of equities at AFME, difference?” Frankly if you live by the sword you must the Investment Association (IA) calling warned that “equities trading risks They added: “Making the period be prepared to die by it.” £ LABOUR CITIES ROW: P2 People’s Vote campaign hit by sex harassment claims and data privacy row EXCLUSIVE City A.M. understands People’s communications chief Tom Baldwin from Cardiff University professor was confident it is compliant with STEFAN BOSCIA Vote chief executive and former and director James McGrory. Leighton Andrews, voicing concerns the necessary data regulation. @Stefan_Boscia Labour election strategist Patrick The change was masterminded by about Rudd potentially having full Open Britain told City A.M. it has Heneghan is facing allegations of Open Britain chairman and PR control of the personal data of appointed law firm RPC to conduct THE PEOPLE’s Vote campaign has sexual harassment from at least one tycoon Roland Rudd. It triggered an 500,000 people. an internal investigation into the been engulfed in fresh controversy campaign employee, just 10 days open revolt from 40 members of Andrews is concerned the data, sexual harassment claims against as sexual harassment allegations after being appointed. staff who refused to work under gained online from People’s Vote Heneghan, which the organisation have been levelled against its new Heneghan was hired by Open Heneghan and have not returned to supporters, could be transferred to has described as “allegations of chief executive and concerns have Britain — one of five groups that work since he was hired. new Open Britain parent company misconduct”. been raised about campaign data run the People’s Vote campaign — A letter has also been sent to the Bainbridge, which is controlled by security. shortly after the sacking of Information Commissioner’s Office Rudd. Rudd’s spokesman said he £ CONTINUES ON P3 FTSE 100 ▲ 7,396.65 +8.57 FTSE 250 ▼ 20,216.59 -78.40 DOW ▼ 27,492.56 -0.07 NASDAQ ▼ 8,410.63 -24.05 £/$ ▼ 1.286 -0.001 £/€ ▼ 1.161 -0.002 €/$ 1.107 unc.
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