City Moves: Who’s switching jobs in the Square Mile today? October 19, 2021 City A.M.’s Millie Turner provides a roundup of the most important hires and job moves across the City, every morning. Email citymoves@cityam.com to be featured. Azets Accountancy and business advisory services Azets has promoted Naomi Wells to Tax Partner. After joining the firm in 2015, Wells has been promoted several times, including to Associate Director in January. The appointment is one of [...]
Skills in the City: financial services sector looks to the future October 18, 2021 | City Talk To what extent should organisations that compete fiercely to attract new recruits (and for business overall) be collaborating when it comes to enhancing their workforces’ skillsets? It’s tricky to imagine many of the Square Mile’s biggest names freely sharing their training programmes outside their own four walls. ‘Sure, we’ll just send you what we do [...]
Caymans link won’t stop Morrisons paying UK taxes, says Leahy October 14, 2021 MORRISONS will pay its taxes in the UK despite the incoming private equity owners using a Cayman Islands firm to operate the business, according to retail giant Sir Terry Leahy. MPs had questioned the arrangement behind the successful Clayton, Dubilier & Rice (CD&R) takeover of the supermarket, sealed in an auction recently, which will see [...]
Exclusive: UK set to keep EU cap on bankers’ bonuses post-Brexit October 14, 2021 The UK is set to keep the EU’s cap on bankers’ bonuses, with the Treasury instead focussed on a range of other measures to shake up financial services regulation post-Brexit. Treasury sources say the measure is not even being discussed by chancellor Rishi Sunak and that it will not be scrapped any time soon. The [...]
Three jobs to apply for this week (including a REALLY cool one at eClerx) October 14, 2021 Are you on the hunt for a new gig? Well, you have come to the right place. This week, we’re bringing you three brilliant (and interesting) roles that are available on City AM Jobs. So if you are looking for a new opportunity, get applying… Analytics Consultant, eClerx This role on the Solutions Consulting team [...]
Pension savers fear higher fees as Sunak eyes extra infrastructure cash October 14, 2021 Ministers are reportedly mulling a decision to dilute the 0.75 per cent cap on annual management fees, which would leave UK retirement savers vulnerable to high charges. The cap, put in place in 2016, protects employees who are auto-enrolled into their pensions from having their retirement pot eaten into by higher charges. It comes as [...]
Businesses facing all-time difficult battle to recruit staff October 14, 2021 Nine out of ten hotel and catering firms struggled to recruit in the third quarter, as hospitality bosses have called for government intervention. Pub bosses are struggling to find chefs while nightclubs have found it hard to recruit door staff. There have been calls in the hospitality sector for a Covid Recovery Visa to help [...]
Tesla competition may force Volkswagen to speed up electric transition with job losses looming October 13, 2021 Competition from Tesla is pushing Volkswagen to think about speeding up its transition to electric vehicles, and that could spell job losses for its army of workers. Watch the full report.
Amazon faces £100m compensation case as London drivers demand employment rights October 13, 2021 Multiple self-employed Amazon delivery drivers are seeking employment rights from the digital giant, a case that reports say could potentially cost the digital giant over £100m. Law firm Leigh Day is launching moves against delivery giant Amazon over workers’ rights, which it says could result in compensation totalling millions of pounds. Leigh Day claims thousands [...]
5 Steps to Becoming a Better Communicator October 13, 2021 | Sponsored Communicating should be easy, we speak and everything else should naturally follow and fall into place, but we know it is more complicated than that. Have you ever struggled to get your point across? Are you unsure how to handle certain conversations? Worried you may offend so don’t end up saying much at all? These [...]