One in four Brits actively hunting for a new job with work-life balance a priority October 5, 2021 Around a quarter of people are actively jobhunting, according to new research shared with City A.M. this morning. Three-quarters (75 per cent) of jobseekers reported they are more likely to consider working in a different industry following the coronavirus pandemic. A survey of 2,000 workers across the UK was carried out for jobs website Totaljobs, [...]
City Moves: Who’s switching jobs in the Square Mile today? October 5, 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. Capital Group Capital Group has hired a new Environmental, Social and Governance (ESG) Investment Director for its Europe and Asia Client group. Belinda Gan, who joined the investment giant on Friday, will report to the firm’s Head [...]
Britain’s pay gap standards are outdated and threaten an equal future October 5, 2021 The continual disparity between men’s and women’s pay remains the starkest illustration of gender inequality in the UK. For several years now, we’ve had the data showing the harsh reality that female workers are valued less – but simply shining a light on a problem is not always enough to fix it. We only know [...]
Just a handful of Brits want to work remotely all the time October 5, 2021 Just a handful of Brits want to work remotely all the time, reveal new figures published today. Research by the UK’s largest bank HSBC found 14 per cent of people want to work away from the office all the time. The figures reinforce the continued pull of physical offices, but highlight that elements of hybrid [...]
HMRC annual pension stats: ‘The genie is well and truly out of the bottle’ October 4, 2021 HMRC published its annual update to personal and stakeholder pensions statistics at the end of last week. The document included an update on the impact of the lifetime and annual allowance tax charges. Moreover, HMRC also shared the most recent data for flexible pension payments under the pension freedoms rules. Scrutinising the data for City [...]
Monday blues? Here is how 28 days of annual leave can turn into 68 days off work October 4, 2021 Thanks to the Queen’s Platinum Jubilee, Brits could enjoy 11 days off work while only using five days of holiday next year. In fact, a’ holiday hack’ shows how Brits can maximise their annual leave over the next 12 months: taking 28 days of annual leave could translate into 68 days off work. According to [...]
Investors inject £3bn into central London offices in third quarter October 4, 2021 Investor interest in central London office buildings has returned with a vengeance, with spend surpassing pre-pandemic levels. Around £1.5bn was spent on City office buildings in the three months to September 30, according to preliminary data from real estate advisors JLL, compiled for the Evening Standard. It comes as office workers have made their return [...]
Tsunami of turnover: Half of UK employers brace themselves for widespread employee ‘burnout’ October 4, 2021 The dramatic changes that the pandemic has brought about is prompting nearly one in two UK employers to prepare themselves for widespread employee ‘burnout’ next year. Nine out of 10 of 300 chief executives and other senior managers surveyed said they were wary about their company’s ability to retain valued staff. Recruiter Robert Half said [...]
UK businesses’ research and development investments climb to record £47bn October 4, 2021 The amount spent by UK businesses on research and development has jumped 15 per cent to £47bn last year, a record high and up from £41bn the year before, according to new data shared with City A.M. this morning. says UHY Hacker Young, the national accountancy group. The figures show that UK businesses also claimed [...]
Global Group UK Investor Summit kicks off tomorrow October 1, 2021 The UK Investor team are hosting their first in-person event in two years, launching the Global Group UK Investor Summit tomorrow. The Summit will take place at the StoneX Stadium, home of Saracens Rugby Club, in north west London. Several high profile entrepreneurs and business leaders will be speaking at the Summit, including: Allan Leighton, [...]