Millions of Brits to pull back on pension to ease unprecedented ‘financial squeeze’ December 7, 2022 Close to one in four Brits with a pension are considering withdrawing money from it, or stopping paying in, or reducing the size of their contributions, to ease the pressure on their finances, according to a survey. More than two-fifths of 16 to 24-year-olds and just under two-fifths of 25 to 34-year-olds are likely to [...]
Vodafone group CEO Nick Read to step down within weeks December 5, 2022 Vodafone chief Nick Read will exit the company at the end of December as its share price continues to plunge and investors are left increasingly disgruntled. After four years at the top spot, Read steered Vodafone through the pandemic, narrowing the company’s focus on Europe and Africa, and cutting costs. Nonetheless, telecom expert at CCS [...]
You Should Lay The Groundwork For Your 2023 Pay Rise Now December 5, 2022 There is no doubt it has been a tough year for many people. Inflation has skyrocketed, prices have risen across the board, with energy costs coming under particular scrutiny. Confirming the pressure many feel is the Bank of England’s just-released biannual household survey. The bank indicates that prices for consumers have increased by around 11% [...]
Link between long-Covid and work absence is strongest in older workers, ONS says December 5, 2022 A link between so-called ‘long Covid’ and absence from the labour market has been highlighted for the first time since the pandemic. Latest figures from the Office for National Statistics show 23.3 per cent of 16-64 year-olds with long-covid were economically inactive as of July of this year. This, compared to 21.4 per cent being [...]
Capital People: Meet the Bond Street watch dealer serving Daniel Craig and the uber-rich December 2, 2022 London watch dealer Raj Jain has an interesting backstory, having bought and sold rare, antique and luxury watches in both the UK and Mumbai since the 1980s. An industry stalwart, he has been based in London’s fabulous and famous Bond Street area for almost three decades with a watch shop that’s “like a museum” but [...]
City of entrepreneurs: Half of ALL Londoners aspire to set up own company in 2023 December 2, 2022 More than half of all Londoners have either started their own business or aspire to do so in 2023, compared to nearly a third of people overall across the UK. Making their own money and being their own boss are top of the agenda for Londoners, nearly one in five stating that they want to [...]
Introducing BCG X: combining talent and technology to build world class companies of the future December 1, 2022 | Sponsored The UK Government recently published its Digital Strategy 2022, charting a path to strengthen the country’s position as a global tech leader, encouraging investment and innovation to ensure that the nation can compete at an international level. But how close is the UK to becoming a global tech leader, and what lessons can be learned [...]
How to look for a new job when your interview skills are rusty November 30, 2022 If you’ve been in your job for a significant amount of time or didn’t have to undergo rounds of rigorous interviews to bag your current role, putting your experience and skills to the test by looking for a new opportunity might seem too intimidating to contemplate. It’s understandable, given only 2% of candidates who apply [...]
City bosses more Santa than Scrooge this Christmas as it rains parties, presents and bonuses in London November 30, 2022 Despite economic difficulties, London bosses are still planning to give their staff Christmas parties, presents, or bonuses. London employers appear to be going bigger on bonuses, with 56 per cent of London staff expecting a Christmas bonus, compared with just 23 per cent of those in both the South East and South West, and only [...]
Unaffordable Christmas meals loom as food inflation skyrockets to record 12.4 per cent November 30, 2022 It has emerged that food inflation has surged to 12.4 per cent to hit a new record amid predictions of dampened Christmas cheer and an “increasingly bleak” winter. Overall shop prices are now 7.4 per cent higher than last November, up from 6.6 per cent in October, to set another record since the British Retail [...]
