Ben Hardy on EastEnders and his new LGBTQ film Unicorns: We’re all multi-faceted. Why stick to one label?
Over half of female workers have experienced stress or depression since pandemic 55 percent of female finance workers have suffered stress, anxiety or depression since the pandemic, according to new data shared d with City A.M. today. This compares to 39 percent of male workers, while the data showed that 52 per cent of females felt confident talking about this to their manager at work, compared with [...]
Pingdemic: UK supermarkets brace themselves for chaotic Freedom Day Supermarkets warned they will shorten opening hours or close their shops amid a rising number of their workers having to self-isolate. There are fears of goods shortages in supermarkets and cuts in production at factories because of the number of workers being pinged by the NHS Test and Trace app. Last week, over 500,000 alerts [...]
Seventy per cent of FTSE 350 companies have no female exec board members The pandemic has set back gender parity prospects for top jobs by four years, according to a new report. Seventy percent of companies on the FTSE 350 have no female executives on their main board and will lag behind men until 2036 amid the pandemic. There has been a sudden slow rise for female appointments [...]
High risk clients: Furloughed workers and self-employed with Covid grants refused mortgages July 15, 2021 Furloughed workers and self-employed people who have received government grants during the pandemic have been refused mortgages by some of the UK’s major banks. This comes as some brokers argued that banks see people who have received Covid-related grants as high risk. Two of the UK’s biggest high street banks, NatWest and the Royal Bank [...]
BlackRock hikes wages by 8 per cent July 15, 2021 BlackRock is set to provide its employees an ‘off-cycle’ salary hike. The world’s largest asset manager plans to boost pay by 8 per cent. “Your initiative, commitment and teamwork helped ensure that through the pandemic we supported our clients,” Chief Executive Officer Larry Fink and President Rob Kapito said. The company is the latest finance giant [...]
Zomato heading for unicorn status as IPO set to swell valuation July 14, 2021 Indian food delivery app Zomato has gone public as it is heading for a $1.2bn in an initial public offering (IPO). Institutional investors raised $562.3m, as they bid for 35 times more shares than allotted ahead of the much-anticipated offering. The public share sale for Zomato opened today and will close on Friday. Founded in [...]
McDonald’s to offer childcare and tuition amid hiring push July 14, 2021 McDonald’s will be offering tuition payments and higher hourly wages as well as childcare support in an attempt to attract workers due to many of its restaurants struggling to employ staff in the US. Since the pandemic, the fast food giant has let staff members go in order to save running costs, but is now [...]
Credit Suisse’s Swiss compliance head leaves with immediate effect after just four months July 13, 2021 The head of compliance at Credit Suisse’s Swiss unit, Floriana Scarlato, is leaving the bank with immediate effect, even though she had only been in the role since March. Scarlato will be taking up a new role outside the bank and her successor will be announced in due course, the financial giant confirmed. Scarlato is [...]
Barclays hires JPMorgan veteran Peter Ward to head global e-trading team July 13, 2021 Peter Ward, a JPMorgan veteran, has been hired by Barclays to become head of digital strategy and global electronic trading from September. He will be based in New York City. Ward will report directly to the bank’s co-president, C.S. Venkatakrishnan, who led the global markets business after a major reshuffle at the top, according to [...]
Pandemic rethink: Nearly half of all UK workers are less career-focused July 12, 2021 With freedom day fast approaching, all attention is on workers returning to the office and the nature of flexible working options. Since working from home, due to Covid-related restrictions, 50 per cent of people experienced difficulty with disassociating their work lives with their home lives, according to insurance giant Aviva. The company’s study found that [...]