Rachel Reeves facing ‘tough choices’ after latest UK borrowing figures August 21, 2024 Already this financial year the government has borrowed £4.7bn more than predicted by the Office for Budget Responsibility (OBR) back in March.
Foreign office confirms UK officials are in Afghanistan for direct talks with Taliban October 5, 2021 Representatives from the UK Foreign Office have travelled to Afghanistan and held talks with the Taliban, the government confirmed this afternoon. The Foreign, Commonwealth and Development Office said Sir Simon Gass, the Prime Minister’s High Representative for Afghan Transition, and Charge d’Affaires of the UK Mission to Afghanistan in Doha Dr Martin Longden, had travelled [...]
Fintech fail: Home Office bars start-ups banked with Revolut from visa sponsorship licence January 11, 2022 The fintech revolution is sweeping through Government – but it appears it hasn’t yet hit the Home Office, which bars start-ups who bank from Revolut from acquiring a vital visa sponsorship licence. Recently-founded businesses looking to gain a licence to “sponsor” foreign workers through the government’s new visa system must submit evidence of a corporate [...]
UK could be ‘best performing economy’ so far in 2024 after week of data August 16, 2024 It's been a busy week for the Office for National Statistics (ONS), publishing a raft of statistics on the UK economy for traders and Bank of England ratesetters to digest.
Exclusive: Young professionals back the office over the living room September 9, 2021 London’s young professionals would rather work full time in an office than either permanently from home or in a “hybrid” arrangement, new data has found. According to new data from LinkedIn, shared exclusively with City A.M., 44 per cent of those aged 16 to 34 would choose to be in their actual offices for all [...]
Return to work: Midweek-only office workers gain a new moniker October 4, 2021 Last Thursday was the busiest day for Farringdon, Canary Wharf, Bank and Monument stations since the pandemic began, as London’s commuters adjust to a new world of hybrid working Almost a hundred thousand people travelled through Bank and Monument stations. And since City workers were encouraged “back to school” from the beginning of September, footfall [...]
Met reviews 300 sexual misconduct cases against officers as it hauls in 50 investigators November 23, 2021 The Metropolitan police has hauled in 50 new investigators to help with the force’s bid to rebuild trust in London amid an internal review of around 300 cases of sexual misconduct allegations. It was revealed last month that the force had 530 sexual misconduct allegations against it, from the past five years alone, according to [...]
New visa wage thresholds for foreign workers to come in ‘within weeks’ January 30, 2024 New visa wage thresholds for foreign workers coming to the UK are set to be enforced “within weeks”, the Home Office has confirmed.
Investors inject £3bn into central London offices in third quarter October 4, 2021 Investor interest in central London office buildings has returned with a vengeance, with spend surpassing pre-pandemic levels. Around £1.5bn was spent on City office buildings in the three months to September 30, according to preliminary data from real estate advisors JLL, compiled for the Evening Standard. It comes as office workers have made their return [...]
Businesses must balance flexibility with office culture to fight ‘tsunami of turnover’ October 4, 2021 Three in four companies are concerned about the impact of remote working on corporate culture and staff retention, with half preparing themselves for widespread employee burnout in 2022, according to a report by specialist recruiter Robert Half. The report showed that remote workers were at risk of burnout due to the lack of distinction between [...]