Deadline day for firms to send in forms identifying their senior staff under grandfathering rules for the Senior Managers Regime is tomorrow February 7, 2016 The Senior Managers Regime is taking one step closer to implementation, as many firms have until tomorrow to submit paperwork listing their senior staff members. Firms affected by the Senior Managers Regime, which include banks, building societies and certain investment firms, must file grandfathering notifications for staff members who have either already been approved or whose [...]
Lower emissions, bigger economic impact: Time to celebrate our world-beating aviation sector January 29, 2016 The environmental impact of UK aviation, from CO2 emissions to noise, has been a key focus of the debate about the sector in recent years. And that focus has only intensified over the last year, with ongoing political discussion about airport expansion in the South East. While the government continues to agonise over where to expand [...]
We’ve given over a million people a pay rise: Now here’s how we’ll achieve full employment April 15, 2016 Today marks the launch of the first ever UK Employability Day, when businesses dedicated to helping people into work will open their doors to showcase what they do best. It’s a fantastic idea by the Employment Related Services Association that will see more than 70 employment centres across the country take part – including several [...]
The Bank of England’s agents’ summary on Brexit, housing and the living wage May 18, 2016 The economic slowdown is set to continue right up until the EU referendum, the Bank of England's latest agents' summary has revealed. The Bank's sprawling network of so-called agents are Threadneedle's streets eyes and ears on the ground of the real economy. They monitor local conditions, talk to businesses, and assess the general state of the nation, [...]
Are you a GloMad or Tumbleweeder? Discover the London housing tribes that’ll be determining the property landscape May 26, 2016 Every week, City A.M. invites an industry professional to write about an emerging trend in the property market. Are you a MeCo, a Tumbleweeder, or perhaps a My Sizer? These are London’s new housing tribes. Through Strutt & Parker’s latest Housing Futures research, we discovered that 65 per cent of Londoners who intend to move [...]
European Investment Bank to back Thames Tideway Tunnel with £700m loan, sparking EU row May 17, 2016 The European Investment Bank (EIB) has agreed to provide a £700m loan for London's "super sewer", the largest ever loan for water investment worldwide, sparking a new row in the EU debate. The 35-year-loan is directed toward the biggest infrastructure project ever undertaken by the UK water industry, and is aimed at tackling overflows of untreated sewage [...]
Don’t dismiss regulation outright: New measures can be a lifeline for gambling addicts April 8, 2016 The gambling industry has had a hard time lately, with profits suffering with tightening legislation and a number of high profile criticisms from campaigners and the distressed public. But despite the sector's problems, it is fair to say gambling is on the rise – and the traditional British pastime is becoming a life changing addiction [...]
Building societies struggle as rest of finance sector sees growth January 18, 2015 Finance firms ended 2014 strongly, except for building societies, new survey data shows. Business volumes were reported to have increased by 64 per cent of financial services firms in the three months december, according to figures released by the Confederation of British Industry (CBI) and consultants PricewaterhouseCoopers. This compares to seven per cent of firms [...]
City Moves for 28 March 2016 | Who’s switching jobs April 28, 2016 Tibbalds Tibbalds Planning and Urban Design has named Matt Shillito as consultant planner and has appointed Fiona Sibley as senior planner. Matt rejoins Tibbalds after spending 10 years living overseas, where he was a senior planner for Vancouver’s planning and development services. Fiona brings over three years’ experience in the industry. Having worked at other planning [...]
Business and the unions: We both back a third Heathrow runway – now get on with it March 10, 2016 We often read in the press about the latest bust-up between the unions and the business community. Yet there are any number of policies we agree on, especially those that help to deliver high-skilled quality employment and sustainable growth. Equally, we both get disappointed when the government falls short of the mark, particularly when the [...]