No pocket money: PM to oversee worst disposable income growth in 70 years November 3, 2021 The current Tory government will oversee the worst rate of disposable household income growth out of any parliament over the last seven decades. Brits’ will only receive a 0.5 per cent jump in their real incomes under Boris Johnson’s government, research by the economic think tank the Resolution Foundation has found. A combination of severe [...]
Contactless limit to rise to £100 from October August 27, 2021 The limit for spending on contactless cards will reportedly rise from £45 to £100 on October 15. In March, Rishi Sunak confirmed that the payment limit would be raised in order to boost businesses as the UK recovers from the Covid-19 pandemic. UK Finance, an industry body which represents banks, today confirmed that the changes [...]
Contactless limit to rise to £100 from October – CityAM : CityAM August 27, 2021 The limit for spending on contactless cards will reportedly rise from £45 to £100 on October 15. In March, Rishi Sunak confirmed that the payment limit would be raised in order to boost businesses as the UK recovers from the Covid-19 pandemic. UK Finance, an industry body which represents banks, today confirmed that the changes [...]
The Notebook: Nick Bowes on devolution, LA’s issues and why Lewisham is now home March 6, 2023 ACCESS to opportunities – well-paid jobs and high-quality study – is a major part of the levelling up agenda.Clearly, some parts of the UK don’t have the same access to jobs and education as others. London scores well, being home to amazing universities and colleges and thousands of high-end jobs. Many Londoners can see the [...]
Budget: Labour says UK in store for ‘anaemic’ GDP growth under Tories October 27, 2021 Labour has claimed the UK is in store for “anaemic” GDP growth in the coming years in response to Rishi Sunak’s Budget today. Shadow chancellor Rachel Reeves, filling in for Sir Keir Starmer who has Covid-19, said “the Conservatives are the party of high tax”. Forecasts from the Office for Budget Responsibility (OBR) accompanying the [...]
UK inflation to surge above 15 per cent, more than seven times Bank of England target August 4, 2022 The Bank of England faces the grim prospect of overseeing the largest inflation surge in recent memory, with prices rising more than seven times faster than its target, a top think tank warned today. A sustained surge in energy costs triggered by Russia’s invasion of Ukraine and a sudden burst in demand after the Covid-19 [...]
Lloyd’s of London to give staff £2,500 helping hand ahead of winter September 8, 2022 Lloyd’s of London is to give staff earning less than £75,000 per year a £2,500 one-off payment later this month to help with surging inflation. Chief Executive John Neal told City A.M. this morning that it was set to be a “pretty rotten winter” and “as employers we’ve got an obligation to think, to care [...]
European chemical companies could take a hit as valuations decline amid soaring commodity prices May 25, 2022 Investment guidance for European chemicals companies is too optimistic, warned financial services group Morningstar.
Morrison Foerster are first law firm to mandate vaccines for London lawyers August 26, 2021 Law firm Morrison Foerster have publicly announced that its lawyers must be fully vaccinated against covid-19 to return to the London office. Morrison Foerster, also known as MoFo, will make covid-19 vaccinations mandatory from 13 September for those coming back to the office, where they will also need to wear a mask in common areas [...]
JP Morgan may mandate all US staff to get Covid vaccine June 24, 2021 JP Morgan Chase also ordered all US employees to disclose their vaccine status by the end of June. America’s largest bank has sent a memo to all US staff “strongly urging” them to get a Covid vaccine before a planned return to the office in July – and dangled the possibility of mandatory vaccination. “We [...]