Most Brits don’t think they are paid ‘what they are worth’ but asking for a raise pays off October 21, 2021 Most people don’t believe they’re being paid what they think ‘they are worth’ to do their current jobs. And, perhaps unsurprisingly, the longer it’s been since they last received a pay rise, then the more inclined they are to feel this way. CIPHR polled 1,005 British adults to discover more about how employees perceive their [...]
Close to 4m low-income households across UK are in arrears with household bills October 21, 2021 Nearly 4m British households on low incomes are estimated to be in arrears with household bills, according to new figures published this morning. Around 950,000 are thought to be in rent arrears, 1.4m are behind on council tax bills and 1.4m are behind on electricity and gas bills, the Joseph Rowntree Foundation said. It looked [...]
Three really great jobs you can apply for this week October 20, 2021 If you’re looking for a new job, then you have most certainly come to the right place! We have a whole host of amazing opportunities over on CityAM Jobs right now, from engineering roles to amazing positions in tech and beyond. Here’s a small taster of the kinds of gigs available right now… Senior Service [...]
City Moves: Who’s switching jobs in the Square Mile today? October 19, 2021 City A.M.’s Millie Turner provides a roundup of the most important hires and job moves across the City, every morning. Email citymoves@cityam.com to be featured. Azets Accountancy and business advisory services Azets has promoted Naomi Wells to Tax Partner. After joining the firm in 2015, Wells has been promoted several times, including to Associate Director in January. The appointment is one of [...]
Skills in the City: financial services sector looks to the future October 18, 2021 | City Talk To what extent should organisations that compete fiercely to attract new recruits (and for business overall) be collaborating when it comes to enhancing their workforces’ skillsets? It’s tricky to imagine many of the Square Mile’s biggest names freely sharing their training programmes outside their own four walls. ‘Sure, we’ll just send you what we do [...]
Caymans link won’t stop Morrisons paying UK taxes, says Leahy October 14, 2021 MORRISONS will pay its taxes in the UK despite the incoming private equity owners using a Cayman Islands firm to operate the business, according to retail giant Sir Terry Leahy. MPs had questioned the arrangement behind the successful Clayton, Dubilier & Rice (CD&R) takeover of the supermarket, sealed in an auction recently, which will see [...]
Exclusive: UK set to keep EU cap on bankers’ bonuses post-Brexit October 14, 2021 The UK is set to keep the EU’s cap on bankers’ bonuses, with the Treasury instead focussed on a range of other measures to shake up financial services regulation post-Brexit. Treasury sources say the measure is not even being discussed by chancellor Rishi Sunak and that it will not be scrapped any time soon. The [...]
Three jobs to apply for this week (including a REALLY cool one at eClerx) October 14, 2021 Are you on the hunt for a new gig? Well, you have come to the right place. This week, we’re bringing you three brilliant (and interesting) roles that are available on City AM Jobs. So if you are looking for a new opportunity, get applying… Analytics Consultant, eClerx This role on the Solutions Consulting team [...]
Pension savers fear higher fees as Sunak eyes extra infrastructure cash October 14, 2021 Ministers are reportedly mulling a decision to dilute the 0.75 per cent cap on annual management fees, which would leave UK retirement savers vulnerable to high charges. The cap, put in place in 2016, protects employees who are auto-enrolled into their pensions from having their retirement pot eaten into by higher charges. It comes as [...]
Businesses facing all-time difficult battle to recruit staff October 14, 2021 Nine out of ten hotel and catering firms struggled to recruit in the third quarter, as hospitality bosses have called for government intervention. Pub bosses are struggling to find chefs while nightclubs have found it hard to recruit door staff. There have been calls in the hospitality sector for a Covid Recovery Visa to help [...]