Attempts to move civil servants out of London result in twice as many being recruited in the capital February 8, 2022 A new report claims this morning that efforts to move civil servants out of London are “going backwards”. In fact, since 2018, one in three civil servants has been recruited in the city, meaning the number of civil servants has grown twice as fast in London, at 22 per cent, than it has in regions [...]
London suburb of Harrow emerges as unexpected hotspot for tax avoidance February 7, 2022 The London suburb of Harrow has been revealed as the unexpected centre of tax avoidance in the UK with 346 taxpayers coming forward to admit tax avoidance last year, placing it first out of 120 areas of the UK. In fact, The number of people admitting to tax avoidance in Harrow has jumped 280 per [...]
EM impact investing: the importance of the environment February 7, 2022 | City Talk As emerging market (EM) impact investors, care for the environment has long been a concern for us. In fact, the environment is one of five key investment themes we’ve identified as part of our impact investment process. By investing in sustainably run companies whose products or services help address environmental and societal challenges, our intent [...]
UK fintech investment hits £27.5bn, a sevenfold increase in just twelve months February 7, 2022 UK fintech investment topped $37.3bn (£27.5bn) in 2021, a sevenfold increase compared to 2020, as dealmaking activity soared.
Millions of low-paid Brits face ‘perfect storm’ of energy bills and tax rises February 7, 2022 A new report sent to City A.M. this morning warns that millions of low-paid workers are facing a “perfect storm” of higher energy bills and tax rises while Universal Credit (UC) falls behind the cost of living. The TUC union said its research suggested the number of workers on UC has increased by 1.3m since [...]
Top dog: Pets at Home appoints Lyssa McGowan as chief executive February 7, 2022 Pets at Home has poached its new chief executive Lyssa McGowan from Sky UK with the offer of a £580,000 salary.
Average UK house prices soar to record £276,000 February 7, 2022 The average UK house buyer forked out 9.7 per cent more in January 2022 than they would have done a year ago.
3,000 new UK jobs on the menu as German Doner Kebab plans to open 78 new restaurants this year February 7, 2022 In a dramatic expansion which will create almost 3,000 jobs, German Doner Kebab has said it plans to open 78 news restaurants this year across the UK. The kebab chain said it will grow to 170 restaurants across the UK this year as it continues to shrug off the challenging environment currently facing the casual [...]
National Insurance tax hike to hit UK apprenticeships, warns FSB February 7, 2022 The Federation of Small Businesses (FSB) has called out government's national insurance tax hike amid falling numbers of apprenticeships.
New campaign champions £11tn UK asset management industry February 7, 2022 The City of London Corporation is working with the government on a campaign promoting the UK as a leading global investment management centre.
