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      Burnham told to deliver 10 per cent hospitality VAT after backing tax cut

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City A.M. Content

  • How to handle office World Cup fever

    June 9, 2010

    WORKING out how to deal with the World Cup is tricky. A recent poll by YouGov found that 23 per cent of workers said they would take the day off to watch England play in the World Cup, while almost half said that being allowed to watch games in the office would boost morale. But [...]

  • Job interviews are back, so it’s time to work on your technique

    May 26, 2010

    FOLLOWING two years of relative stagnation in the City jobs market, where any movement tended to be of the non-voluntary nature, hiring is back in the Square Mile. The most recent employment report from KPMG shows that hiring is up 29 per cent in the private sector, compared to the previous quarter. Unsurprisingly, the biggest [...]

  • Pru refuses to commit board to rights issue

    May 20, 2010

    PRUDENTIAL was last night unable to confirm that any of its directors will fully participate in its $21bn (£14bn) cash call, even as they campaign for shareholders to back the move. Members of the insurer’s board, including chief executive Tidjane Thiam and chairman Harvey McGrath, are exempt from taking up all their rights in what [...]

  • Six short steps to better job interviews

    January 13, 2010

    PREPARE THOROUGHLY Just as the candidate has to prepare for an interview, so does the manager. This should begin well before you have your short-list of candidates. You will need to make decisions about the format of the interview, who is going to participate, where interviews are to be held, what equipment is required if [...]

  • London Gateway lives on

    January 4, 2010

    PORT operator DP World will go ahead with the foundation stage of its postponed London Gateway project despite the market downturn, it said yesterday. The unit of debt-laden state-owned holding company Dubai World said it had decided to proceed with the construction of essential infrastructure for the planned port and logistics park. The company, which [...]

  • Savills poised for bumper profits on UK house deals

    December 17, 2009

    ESTATE agent Savills yesterday reported that its profits for 2009 would be “significantly ahead” of previous expectations. The international real estate advisor saw a higher-than-expected level of transactions in the UK prime residential market, as well as an increase in UK commercial market transactions. In Asia, which comprises 40 per cent of Savills’ business, it [...]

  • Go-Ahead pessimistic on rail arm

    December 15, 2009

    TRANSPORT group Go-Ahead said yesterday that first-half profit at its rail unit would be 50 per cent down on last year due to reductions in government subsidies, but added that its bus business was performing well. The company, which operates its commuter rail franchises through majority-owned joint venture Govia, expects operating profit at its rail [...]

  • Shipping industry fears Copenhagen summit will agree on new green tax

    December 14, 2009

    THERE were growing fears within the shipping industry last night that government ministers gathered at the Copenhagen climate change summit would impose a green tax on shipping. There was thought to be growing support at the talks for a global tax or an emissions trading scheme for shipping and aviation. The British government favours emissions [...]

  • How you can get a pay rise, even in a recession

    November 18, 2009

    1 DO YOUR RESEARCHIt’s important you find out how your salary compares to that of other people working in your sector – if you’re paid at or above the average for people in your position, demanding a pay rise is going to be unrealistic, especially in the current climate. There are a number of online [...]

  • How to get yourself headhunted

    November 11, 2009

    PEOPLE in the City are beginning to shift their feet. After sitting tight in their jobs throughout the downturn, workers are sniffing out new roles in increasing numbers, according to figures from recruitment firm Morgan McKinley – it said yesterday that the numbers of those looking for a new position in October were up six [...]

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