Sterling’s freefall is global but there are still markets where the Pound buys you more than last year September 22, 2022 The pound has tanked again against the dollar and is now down 18 per cent year-on-year. As the Bank of England prepares to hike interest rates later today, Sterling has endured a rough ride on the currency markets over the last 12 months. As a result, this is making holidays more expensive in 48 out [...]
Revealed: These are Britain’s most popular companies to work for September 21, 2022 New research has revealed the top companies Brits want to work for the most. The data shared with City A.M. analysed the top searches for jobs and careers on Google, to see which private sector companies Brits are keenest to work for currently. Tesco came out as the most popular company, with the multinational supermarket seeing [...]
Are Fridays In The Office Over? September 20, 2022 Desk discos, shorter commute times and continued peace and quiet. These are the benefits the 12% of workers who continue to work in the office on a Friday enjoy, while the rest of us remain at home and slide into the weekend a little early. As hybrid working settles in as our new normal, numerous [...]
Exclusive: Banks cleaning up their act as City sees steep drop in bullying and sexual harassment September 20, 2022 Banks, insurers and other financial services firms have come under pressure from the City watchdog, the Financial Conduct Authority (FCA), in recent years to crack down on personal misconduct by individuals in regulated firms, and it seems these efforts are starting to pay off. City A.M. can reveal this morning that London’s financial services space [...]
Childcare costing parents up to 70 per cent of total pay with huge differences across UK September 19, 2022 Childcare in England, Scotland and Wales for children under the age of two is costing some parents more than half of one person’s weekly take-home pay. In fact, in some areas, this figure climbs to a staggering 70 per cent of parents take-home pay. The analysis was shared by Business in the Community, The Prince’s [...]
British savers handed September boost as rates climb to highest level in a decade September 17, 2022 A new market analysis shared with City A.M. this weekend shows that the average rates being offered on some savings accounts have reached their highest level in nearly a decade. At 0.84 per cent, the average easy access rate is at its highest since a rate of 0.87 per cent was recorded in December 2012. [...]
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