Pressure mounts as three quarters of Tories back Labour’s £29bn emergency energy plan August 15, 2022 Three quarters of Tories back Sir Keir Starmer’s plan to freeze energy bills as pressure mounts on Sunak and Truss.
Duolingo chief backs London tech scene and World Cup language boom November 7, 2022 The man behind Duolingo says he backs London as a thriving tech hub, despite concerns about digital talent gaps. Speaking with City A.M., chief executive Luis von Ahn praised the UK’s artificial intelligence capabilities, as well as its “really good universities,” explaining that the US firm was looking to grow its four-person team in the [...]
No Degree? The Good News Is Skills-Based Hiring Is On The Rise August 17, 2023 While you might think education or experience are what hiring managers focus on when recruiting new candidates, skills and ability are more important. That’s according to a recent global study which found that 76% of employers are now using skills-based hiring to pinpoint talent. The reason for this is manifold: 91.2% of employers saw an [...]
Lower than forecast ULEZ receipts hit transport network’s coffers November 18, 2021 The expansion of London’s Ultra Low Emission Zone (ULEZ) has been so successful in driving down the use of heavily-polluting cars that it has blown a £600m hole in TfL’s forecasted budgets. The ULEZ was expanded out to the north and south circular in October as part of the Mayor of London Sadiq Khan’s push [...]
IEA urges OPEC+ to boost oil production amid market rallies February 16, 2022 The head of the IEA Fatih Birol has called on OPEC+ to boost production to meet its agreed output targets.
Hunt can plead for older works to go back to work, but businesses will need to hire them January 31, 2023 Britain's workforce is flagging, with vacancies at a record high, but Jeremy Hunt's push to get older workers back to the office will fall flat unless employers agree to change too, writes Ann Francke.
UK debt pile tops size of entire economy for first time since 1960s June 21, 2023 Britain’s debt stock has swelled to larger than the size of its economy for the first time since March 1961, pushed higher by the government helping families with their energy bills, new numbers out today show. The UK’s over £2.5 trillion debt pile represents 100.1 per cent of the value of its gross domestic product, [...]
London £4 trillion stock market sees profit warnings hit financial crisis levels January 30, 2023 Profit warnings issued by companies on London’s £4 trillion stock market surged over the last year, propelled by swelling costs squeezing margins, a new report out today reveals. Against a backdrop of skyrocketing energy prices and slowing demand amid cost of living crisis, businesses have had to tell shareholders to brace for profits to come [...]
TfL confirms Byford’s departure as COO Lord steps in on interim basis September 22, 2022 TfL has confirmed the departure of commissioner Andy Byford at the end of October as current chief operating officer Andy Lord steps in on an interim basis. Byford said he will leave the network and move back to the US, where he lived and was New York City Transit’s president. Announced today, Byford’s resignation comes [...]
World Mobile launches Africa’s first commercial telecoms aerostat October 9, 2023 Blockchain-powered telecom network World Mobile has successfully launched the world's first commercial aerostat.