London staff the worst in UK for working longer during Covid-19 era, as pandemic pushes Brits to burnout January 18, 2021 The working-from-home era has London employees more likely to have their work day drag well into the evening than staff based in other parts of the UK. More than half of London staff (51 per cent) admitted working beyond their usual hours, compared to 40 per cent of all those survey across the UK. 45 [...]
Exclusive: UK tech still needs the EU, says TechUK boss January 18, 2021 As thousands of businesses breathe a sigh of relief now the Brexit deal has been agreed, one leading tech figure thinks the EU remains important for the UK. Julian David, chief executive of TechUK, spoke to City A.M. about his thoughts on the Brexit deal for the tech sector and the future for the industry [...]
An increase in distressed investment expected January 18, 2021 | City Talk In autumn 2020 we conducted our Restart Capital Survey of over 500 SME business and over 100 investors. There was a feared wave of corporate insolvencies with 35% of the business respondents expecting to be out of business within 12 months (and 43% of medium sized enterprises). 84% of the business respondents considered themselves distressed [...]
Remote working – striking a balance January 18, 2021 | City Talk Presenteeism has long been associated with working life in the city, viewed by many employers and employees as essential for getting known and getting ahead. However, in response to the Covid 19 pandemic, businesses have had to cope with an abrupt move to mass remote working, in a way many never would have imagined feasible [...]
Salaries for those who kept their jobs through pandemic rose in 2020, says Reed January 18, 2021 Salaries for those who kept their jobs through pandemic rose in 2020, says Reed
Why climate change is creating a 1929 moment January 15, 2021 | City Talk The battle against Covid-19 has been brutal, inflicting a terrible cost on society. But it will be overcome; scientific endeavour will prevail. Looking decades ahead, my greater concern is climate change. By 2050 we may find the effects of the pandemic will be dwarfed by the consequences of unchecked global warming. The future actions of [...]
Why everyone’s talking about hydrogen January 14, 2021 | City Talk What is all the excitement about? Renewable energy can and will decarbonise power generation. Renewable energy and batteries can and will decarbonise the automotive sector. But these technologies will not be as viable for aviation, shipping, commercial vehicles, steel or fertiliser manufacturing. In all of these vital industries it looks as though hydrogen will be [...]
Technology companies dominate list of best places to work in the UK January 13, 2021 Here's the list of best places to work in the UK, and these tech firms dominate
City Moves: Who is switching jobs in the Square Mile this week? January 13, 2021 Snakes and Ladders provides a roundup of the most important hires and job moves across the City, every Wednesday afternoon. Email citymoves@cityam.com to be featured. After a rocky year for business, City firms are continuing to adapt to the challenges of three national lockdowns and post-Brexit bureaucracy to keep things moving across the Square Mile. This week, Lloyd’s [...]
Visa and Plaid call off merger following regulatory challenge January 13, 2021 Visa and Plaid have called off their $5.3bn deal after an antitrust lawsuit threatened to scupper the deal. Visa announced it was buying the fintech this time last year in one of the biggest fintech deals ever. But on Tuesday both parties announced they had agreed to mutually end the agreement after regulatory opposition. In [...]
