Exclusive: Expedia doubles down on London as it hunts for 120 new tech brains in the capital November 10, 2022 Travel tech firm Expedia Group is planning to expand its UK operations by recruiting candidates for around 120 predominantly tech-focused roles at its London base as the travel industry rebound continues, City A.M. can reveal. London is one of the group’s tech hubs outside the US, with close to half of all employees in the [...]
UK consumers are more worried about climate change than Covid, as COP26 nears October 21, 2021 Climate change is a bigger concern for UK consumers than the Covid-19 pandemic and or the economy. SEC Newgate ESG Monitor has published a research study of public attitudes to environmental, social and governance (ESG) principles, revealing that 71 per cent of British people are concerned about climate change. The percentage of people that put [...]
Service sector dealt hammer blow as cost of living crunch sinks in June 7, 2022 The UK service industry was hammered last month, posting its worst performance for more than a year, as soaring inflation weighed down consumer demand. The closely-watched IHS Markit/CIPS UK services PMI survey scored 53.4 last month, tumbling from a 58.9 reading in April. Any score above 50 shows growth in the sector. However, this represented [...]
Nuclear conflict: why we must consider the risks June 21, 2022 In the wake of Russia’s attack on Ukraine, the risks of nuclear conflict have become clearer both inside and outside the world of finance. Yet many market watchers have simply thrown up their hands under the mistaken assumption that when it comes to nuclear weapons, nothing they do will matter. Such a philosophy is inadequate on [...]
If ULEZ was controversial, pay as you drive road pricing will face even more hurdles April 21, 2023 As more and more people buy electric cars, we will need to introduce a road pricing scheme to pay for our highways, but a litany of controversial concerns - such as data protection - will stand in the way, writes Dom Lacey.
Retail giants have an opportunity to plug the holes in a disjointed rental market November 8, 2022 For many people up and down the country, their ability to stay in their home is in peril. And this isn’t about mortgages. Rents have jumped steeply this year and many are forced to move as a result. Others will be forced out because of the collateral damage of landlords not being able to pay [...]
BBC’s frozen licence fee pushes annual savings of £285m as broadcaster fights vicious talent wars July 12, 2022 The BBC have aired concerns that the current funding settlement, where the licence fee is frozen for two years despite crippling inflation, could spell danger for the broadcaster’s long-term future. Discussing the Beeb’s annual results this morning, BBC Chairman Richard Sharp said the “working assumption is that this [a frozen fee] will open up a [...]
Sunak to crack down on ‘unacceptable’ targeting of young people by vape market May 30, 2023 A new Government crackdown on vape marketing will prevent the “unacceptable” targeting of children and young people, Rishi Sunak has said. Ministers have pledged to close a loophole allowing retailers to give free samples of vapes to children in England, amid concerns over the proportion of children trying e-cigarettes. The move comes days after the [...]
Londoners rely on e-bikes and scooters as strikes bring capital to standstill June 22, 2022 The number of Londoners using cycle and e-scooter hire schemes as well as ride-hailing apps surged on Tuesday after the combination of tube and railway strikes brought the capital to a standstill. According to Transport for London (TfL) figures, bike hires more than doubled yesterday, going from an average of 27,000 to 67,000 in what [...]
Staff shortages could hamper UK recovery, IoD warns October 6, 2021 Staff shortages at British businesses could hamper the country’s recovery from the pandemic and stoke inflationary pressures, the Institute of Directors (IoD) has warned. A survey of more than 700 bosses showed that 44 per cent of businesses are currently experiencing staff shortages. Of those affected, 65 per cent said the problem was caused by [...]