Leon managing director steps down with immediate effect August 20, 2021 Restaurant brand Leon has confirmed that Nick Ayerst has stepped down from his role as managing director by mutual agreement. The healthy fast food brand’s current director of growth and culture, Glenn Edwards, will take on the MD role with immediate effect. Edwards was managing director of Leon (USA) until March 2021. “Glenn is the [...]
Investors in EU sustainable funds may end up with oil, mining or tobacco stocks August 20, 2021 If you want to invest in a fund branded as sustainable under new European Union rules, you’re spoilt for choice. But you may end up owning shares in oil companies, mining conglomerates or tobacco firms. Watch the full report.
Opticians Specsavers launches hiring spree with up to 500 new jobs August 20, 2021 Opticians Specsavers has said it currently has 1,500 vacancies, with 400-500 new jobs that will “get the high street back up and running.” The business is going on a hiring spree with vacancies including 400 retail roles in stores throughout the UK, 61 home visits roles and 730 management and laboratory roles. The company said [...]
Is starting your own business better than sex? Yes, say half of all Londoners August 20, 2021 Self-employment has skyrocketed 93.9 per cent since 2000 and for nearly 1 in 2 Londoners, it seems that their sex life has taken a backseat as a result. Is starting up and running a business really better than sex? Well, 47 per cent of Londoners believe so as they compare the feeling of launching their own business to be better or at least as good as sex itself, according [...]
Exclusive: ‘When I started, diversity didn’t really exist’, says Bank of America’s international head of ESG August 19, 2021 In this series, City A.M. zooms in on a range of successful women in the Square Mile, some being movers and shakers in their respective fields – rule makers, not rule takers – while others are rising stars worth keeping an eye on. Today: Andrea Sullivan, international head of ESG at Bank of America. An M&A [...]
Bouncing back: Median basic pay stabilises after worst year in a decade August 19, 2021 Median basic pay increases between May and July 2021 were worth 2 per cent, unchanged on the figure seen in each of the three previous rolling quarters. However, this is a welcome stabilisation on pay after the median pay award fell to nil in the same period a year ago, according to data from legal compliance platform XpertHR, [...]
Londoners ‘disgusted’ by fashion industry abuses but lack money to shop ethically August 19, 2021 London consumers feel strong negative emotions about fashion industry exploitation, and that they want the industry cleaned up so they can enjoy shopping without guilt. More than two-thirds (68 per cent) of Brits taking part in a new survey that was shared with City A.M. felt either ‘disgusted’ ‘sad’ or ‘angry’ about the fact that [...]
Oil prices tumble on mounting early Fed taper fears August 19, 2021 Oil prices plummeted to their lowest level in four months today, driven by mounting concerns that the US Federal Reserve could rein in the wave of monetary support it unleashed in response to the Covid crisis earlier than expected. International benchmarks WTI and Brent Crude dipped 3.53 per cent and 3.03 per cent to $63.15 [...]
Deloitte gives all 333,000 staff lessons on climate change August 19, 2021 All Deloitte employees will be given lessons as part of a climate change education programme over the next six months according to reports, as the auditing giant seeks to boost climate change literacy in its workforce. The “climate learning program” that all 333,000 of the auditor’s international staff will be sent on, has been created [...]
Sir James Dyson: Next generation will suffer if workers do not return to offices August 19, 2021 Sir James Dyson has called on the government to take the “less popular decision” and send workers back to the office. The order to work from home wherever possible was lifted on 19 July, but since then numbers returning to offices has stagnated. Dyson believes the “chances of the next generation will suffer” if a [...]
