Nationwide CEO stepping down after five years at the helm September 23, 2021 Nationwide Building Society’s chief executive Joe Garner is stepping down after more than five years at the helm. The lending giant said the plan will “support an orderly transition to new leadership” in what will mark a clean sweep at the top as chairman David Roberts also heads for the exit. Nationwide announced that Kevin [...]
City of London exec: Hybrid working is here to stay and the Square Mile will adapt September 23, 2021 The new flexible ways of working are here to stay – and the City will adapt, the chair of City of London Corporation’s planning and transportation committee, Alastair Moss, has said. Championing the fresh approach to working life in the capital, Moss urged that although employees are seeking a better work-life balance, City office spaces [...]
Travelodge targeting young parents in drive to fill 750 jobs across UK September 23, 2021 Hotel giant Travelodge has launched an autumn recruitment drive as it looks to fill 750 jobs at its hotels across the UK. The jobs are a mix of full and part-time, offering flexible working hours for posts including receptionists, bar staff and managers. Travelodge said it is targeting parents wanting to return to work now [...]
City Moves: Who’s switching jobs in the Square Mile today? September 23, 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. Savills adds two to Super Prime London team Savills has added two new hires to its Super Prime London Residential Development Sales team at its headquarters on Margaret Street, who both previously worked for the estate agency. [...]
Booming UK tech sector now accounts for one in eight jobs – and they’re much better paid September 23, 2021 As investment in UK startups soared to £13.5bn in the first six months of 2021, hiring surged across the country, with tech now making up 13 per cent of all UK job vacancies. While some industries are still grappling with the fallout from the pandemic, the UK’s tech sector is comparatively booming, and companies across [...]
Activist investor Bluebell takes stake in GSK to oust embattled chief exec September 22, 2021 The activist investor Bluebell Capital Partners has bought a stake worth €10m (£8.6m) in GlaxoSmithKline in a bid to shake up the pharmaceutical company’s leadership. Chief Executive Emma Walmsley has already seen off an attack from activist investor Elliott Management which urged GSK to name new board directors and launch a review of her leadership in [...]
Trader sues UBS over stress induced mental health issues September 22, 2021 A UBS Group trader is suing his employer claiming the “toxic” London work environment and “punishing workload” caused his mental health to deteriorate. Simon Rope, who has been unable to work since suffering a breakdown in 2018, is claiming upwards of £200,000 for negligence over an anxiety disorder which was caused by “the stress to [...]
Three companies that are on hiring sprees at the moment September 22, 2021 Are you on the lookout for a new job at the moment? How exciting! There are some really cool companies out there looking for talent right now, so you’re in luck. We had a little look on our job board and noticed three companies in particular that seem to be on a bit of a [...]
Exclusive: HMRC disbands ‘secret’ unit that probed family investment companies September 22, 2021 A dedicated unit within HMRC that focused on family investment companies has been disbanded, City A.M. understands. A source within HMRC confirmed this afternoon that the ‘secret’ specialist HMRC unit, which was set up in 2019 to investigate risks associated with family investment companies and tax avoidance risks, has been wound up. The primary reason [...]
TradingView hits 550m unique users amid retail investor boom September 22, 2021 TradingView has seen its user base surge after Covid-19 lockdowns encouraged non-professional investors to trade from the comfort of their own homes. The website, which provides retail investors with market data and insights, reported a 400 per cent jump in membership accounts and a 237 per cent increase in visitors over the past 18 months. [...]
