Do you work for one of the UK’s 25 most attractive employers? June 21, 2016 It's causing fevered debate in offices. Politicians are clashing over it. The cats of social media are up in arms about it. Yep, LinkedIn's list of the UK's top 25 most sought-after employers is out – and the good news is that City institutions are faring pretty well. The list, based on analysis of the site's 20m members, [...]
Billions boost to UK bottom line if more was done to help people keep working for longer June 14, 2016 The UK could increase its GDP by billions if it could keep as many people in their 50s in work as some other major economies have managed to, a report out today has found. The research by PwC discovered the UK GDP would be raised by roughly 5.8 per cent – or around £105bn – [...]
City Moves for 6 June 2016 | Who’s switching jobs June 6, 2016 Deloitte Deloitte has announced Matt Ellis as new managing partner for tax in the UK and Switzerland. He takes over from Andy Hodge who led the practice for the past five years and is retiring from the firm. Matt has held a variety of positions in Deloitte, including in regional offices in Southampton and Reading as well as London. Most [...]
This London tech startup is planning to list on AIM August 8, 2016 A tech startup based in London is planning to go public with a multi-million pound listing on the capital's junior market. LoopUp is seeking to raise £9m, it's understood, which would give the firm a market capitalisation of up to £45m, and plans to list by the end of August on the Alternative Investment Market (AIM). The startup takes [...]
How seven City analysts reacted to the surprise rise in UK GDP October 27, 2016 Scaremongers were once again proved wrong this morning, after it was revealed the UK's economy grew by 0.5 per cent in the third quarter of 2016. The figure, by the Office for National Statistics, was much higher than the 0.1 per cent analysts had expected. Here's how the City reacted: ps. Today marks the 30th anniversary [...]
Retail sales surge as Brits hit the shops in Brexit spending spree August 18, 2016 UK shoppers ignored prophecies of doom-and-gloom in July to hit the stores in their droves, sending retail sales surging in the month after the EU referendum. The pound rallied on the news hitting a two-week high against the dollar as economists said signs of strong consumer confidence were a "major boost" to the post-referendum economy. [...]
As the Bank cuts interest rates and restarts bond purchases, will it succeed in stimulating the economy? August 4, 2016 Dean Turner, UK economist at UBS Wealth Management, says Yes. With the threat of a sharp slowdown looming, the pre-emptive strike by the Bank of England with a comprehensive package of easing measures, should ease the pain. The measures were more than the markets were anticipating, as was the signal that the Bank stands ready to [...]
No, name-blind recruiting won’t solve the UK’s bias problem August 11, 2016 Muslim women are three times more likely to be unemployed and looking for a job than women generally, according to new research from the Commons Women and Equalities Committee. This is an unacceptable statistic and ministers have rightly been urged to come up with a plan to tackle this inequality by the end of the year. Read more: Inclusive [...]
Due to popular demand, MPs will now inquire into what you can and can’t be asked to wear at work, including high heels June 8, 2016 What you wear to work is about to become a hot topic in parliament, after an inquiry was launched into high heels and workplace dress codes. The inquiry, which has been launched jointly by the Petitions Committee and the Women and Equalities Committee, has been sparked by a petition started by a receptionist who was sent [...]
What Brexit means for the UK’s IPO market June 24, 2016 Activity on London’s flotation market is expected to “largely cease” in the next year following the Brexit vote, according to an initial public offering (IPO) expert. The IPO market in the UK and beyond has already slowed so far this year in the run-up to yesterday’s EU referendum. And accountancy firms PwC and EY both [...]