Workers who were furloughed six times more likely to lose job November 14, 2021 Workers who were furloughed are six times more likely to have lost their jobs than other employees, according to new research shared with City A.M. this morning. The study among 6,100 adults indicated that around 136,000 workers moved from furlough to either unemployment or inactivity. But the end of the Coronavirus Job Retention Scheme (JRS) [...]
A bank to bridge the gap November 12, 2021 | Sponsored Eleven months after the announcement of a new national infrastructure bank it made its first investment. Can this new institution follow the success of its predecessor the Green Investment Bank and have a real impact on a green future. Our Green Finance Forum panel discusses. Level up On October 25th this year, the UK National [...]
Universities pay vice-chancellors more than £500,000 as generous packages include bonuses and benefits November 12, 2021 Three universities in England paid their vice-chancellors £500,000 or more in salary, bonuses and benefits last year, figures show. Data from the Office for Students (OfS) shows that 1.8% of university staff received a basic salary of £100,000 or more in the academic year 2019/20 – up slightly from 1.7% in 2018/19. But the proportion [...]
From drivers to prison officers: Rapid jump in job adverts as vacancies climb to 2.7m November 12, 2021 Rising demand for driving instructors, prison officers and forklift truck drivers is helping to fuel an increase in job adverts, new research suggests. Around 221,000 new job adverts were posted in the first week of November, the fourth highest weekly figure since the start of 2020, taking the total to nearly 2.7m, according to the [...]
Targeting globally comparable disclosure standards November 11, 2021 | Sponsored Companies and consumers are increasingly looking beyond climate change as they consider wider environmental social and governance issues. A supportive regulatory foundation therefore is needed to help the financial sector to respond effectively. It’s not only ethically minded consumers that want to know the source and environmental and human impact of products that they buy, but [...]
Don’t forget smaller companies while you are thinking big November 11, 2021 While world leaders and sustainability champions have been thinking about big solutions to the climate crisis in Glasgow, we’ve been appealing to them to also Think Small. For every government and large corporate making pledges to reduce carbon consumption, there are hundreds of small and medium businesses (SMBs) in their supply chains. These smaller enterprises [...]
Why diversity and inclusion is essential for every marketer November 11, 2021 | City Talk According to a 2019 survey from Google and The Female Quotient, after seeing what they thought was genuine diversity and inclusion in an ad campaign, 64% of consumers took action. That’s a clear sign that focusing on diversity and inclusion is not only the right thing to do, but also the smart thing to do. [...]
Dead cash: Over £230bn in millions of UK life insurance policies at risk of going unclaimed November 11, 2021 Over £230bn worth of life insurance policies is at risk of going unclaimed in the UK, according to new data shared with City A.M. this morning. Millions of widows and widowers or child beneficiaries could be missing out on billions in life insurance payouts, as nearly one fifth (18 per cent) of Brits had not told their [...]
What everyone warned for is now a fact: Supply chain woes are slowing UK economic growth November 11, 2021 The ONS said this morning that UK economic growth slowed sharply between July and September. The official figures show this is largely due to the ongoing supply chain problems. The economy expanded by 1.3 per cent between July and September, down from growth of 5.5 per cent in the previous three months. The ONS said [...]
Investors must buckle up as inflation-triggered volatility is set to shake markets, warns City insider November 10, 2021 Investors must avoid complacency and buckle up as inflation-triggered volatility is set to shake markets until the end of 2021, an asset management veteran warns today. The warning from Nigel Green, chief executive and founder of deVere Group, a large asset management and fintech firm, comes as Chinese stocks plummeted to almost their lowest level in [...]
