London pulls away from rest of UK in wealth, says first paper in major inequality study May 14, 2019 London has been far more economically productive than the rest of the country over the last two decades while earnings in the capital are much higher than elsewhere, a new study by the Institute for Fiscal Studies (IFS) has shown. Read more: Hammond has the cash to end austerity, IFS says The IFS has today [...]
UK financial services face talent crisis over social mobility and “boring” reputation April 21, 2019 The UK’s financial services sector is facing a talent crisis as would-be employees are put off by its reputation for being “boring”, a new survey has revealed. Research carried out by Big Four auditor KPMG showed 65 per cent of the UK population would not consider taking a job in the financial services sector. Read [...]
The Dragon Awards are on the hunt for London’s most responsible businesses February 18, 2019 In an uncertain time for business and society, it is encouraging to know that so many London-based firms remain dedicated to going the extra mile for their local communities. Businesses are increasingly doing more to benefit society and have the greatest possible impact through their working practices. I regularly meet companies that are championing responsible recruitment [...]
Freelancers are being exploited by businesses that fail to pay their invoices – this damaging culture must change January 22, 2019 There's no such thing as a free lunch – a popular phrase favoured among politicians and business leaders that is used to describe how everything has a cost. Economies are systems of exchange. Whether payment is obvious or more concealed, we know that what we receive requires recompense. Yet when freelancers are involved, we think [...]
As London heads back to school, here’s how the City is kickstarting careers January 14, 2019 It’s back to school for students across the country. A new term is always an exciting prospect; pupils and teachers return with renewed energy and a readiness to learn and teach. Last month, the City of London Corporation, which sponsors 10 academies in London, was named by the Sutton Trust as the best UK academy [...]
There’s only one way to fix the housing crisis: build more January 9, 2019 From free marketeers on the right to proponents of central planning on the left, cries to fix Britain’s broken housing market have become deafening. The solutions, of course, differ greatly depending on where along the political spectrum you stand. Yesterday, for example, Shelter issued its latest call to action, proposing three million new social homes [...]
Giving to a charity at Christmas is great, but we should think of helping others all year round December 13, 2018 It is nearly Christmas, and it is well known that the theme of the season is the giving of gifts and thinking of others. As a result, it is also a popular time of year for people to give to charity. In fact, data from the Charities Aid Foundation shows that November and December are [...]
DEBATE: Do we need tighter rules to prevent unpaid internships and improve social mobility? November 26, 2018 Do we need tighter rules to prevent unpaid internships and improve social mobility? Sir Peter Lampl, founder and chairman of the Sutton Trust, says YES. In many sectors, young people early in their career are expected to “pay their dues” by working in a series of unpaid internships. The experiences and contacts gained really do help [...]
To lead the digital revolution, London must ensure that no one is left behind November 26, 2018 This week, I will be meeting leading businesses, charities, educators, innovators and investors at a Digital Skills Summit at the Mansion House to look at how emerging technologies are transforming the way we live, work, and communicate with each other. Building on my mayoral programme – Shaping Tomorrow’s City Today – the summit will consider [...]
Students shouldn’t have to knock on doors to get the help they need November 21, 2018 | City Talk When I was approached to be the chair of the ACCA Emerging Talent Advisory group it was an opportunity I grabbed instantly. Championing social mobility is something that is very close to my heart, having grown up on a rough council estate in East London, I know exactly what it is like when you want [...]