Rental market now ‘in full swing’ after strong recovery from pandemic low March 11, 2022 The rental market has returned to “full swing” from the pandemic low as stock levels fell dramatically from this time last year. With all Covid restrictions lifted, tenants are once again looking for a place to call home, with just 64,839 rental properties listed across these 21 major UK cities, according to numbers shared by [...]
‘Bonuses are back, and not just for bankers’, says CEO of recruitment giant Randstad March 11, 2022 Bonuses are back. That is the firm message of the boss of one of the largest recruiters in the country. Victoria Short, CEO of recruiter Randstad UK, told City A.M. this morning that “bonuses are back – and not just for bankers. “ Her comments follow the announcement that staff at the John Lewis Partnership will share [...]
Four in ten Brits consider job change to counter higher cost of living and rising inflation March 11, 2022 Almost forty per cent of people polled this week have considered changing jobs to counter rising inflation and costs of living. Pressures are showing on people’s wages and mental health, with leading employment board Totaljobs urging employers to support their workers through difficult financial times. In a survey published this week, 37 per cent of [...]
U-Turn: former LSE chief resigns from Russian firm amid backlash March 10, 2022 Xavier Rolet has bowed to pressure and resigned as chairman of PhosAgro, a company facing sanctions over its ties to the Russian government.
Ukraine war backfires as Russia’s economy is expected to take dramatic 10 per cent hit this year March 10, 2022 Analysts this morning revised their economic forecast for Russia in light of international sanctions imposed following the invasion of Ukraine. Experts at the Economic Intelligence Unit (EIU) said they expect economic activity to be severely disrupted with both domestic demand and the external sector taking a hit. “While the full impact of international sanctions and [...]
Give women green jobs to accelerate the journey to net-zero March 10, 2022 International Women’s Day is a day we remember the immeasurable role women play in society. Sadly, this year, it comes at a time when the world is having to wade through even more unsettling and unchartered waters, while keeping our focus on working towards a more peaceful and sustainable future. The climate agenda is redefining [...]
What’s the best ISA strategy for you? March 9, 2022 | Sponsored Annabelle Williams, personal finance specialist and Gary Shepherd, investment writer at Nutmeg, the digital wealth manager Saving and investing used to be for scrooges and squares, but they’ve become pastimes for millions of people who know that being financially savvy is far from geeky – it’s the way to fund their best life. Strategising, maximising [...]
Could quantum computing render blockchain obsolete? March 8, 2022 | City Talk ‘What happens when quantum computers become reality?’: one of my favourite moments at a cryptocurrency seminar last year was when someone asked this. After a long pause, the speaker said something akin to: “We will figure that out when we get there.” Let me explain. The premise of blockchain technology and the cryptocurrencies, non-fungible tokens [...]
HMRC action yields £0 in half of all tax probes but taxman hits back: ‘We are not driven solely by money’ March 8, 2022 HMRC investigations into individuals and small businesses last year yielded no returns in nearly half of of all cases, according to new research shared with City A.M. this afternoon. The proportion of investigations which returned no money to the Treasury has risen by over a third, to 47 per cent last year up from 31 [...]
Car parts maker TMS blames Brexit for closure of UK site March 7, 2022 A supplier of car parts to the likes of Range Rover and BMW is reportedly closing its UK plant and setting its sights on Europe.
