Rishi Sunak admits Brits face ‘challenging and uncertain’ times after Spring Budget March 24, 2022 Chancellor Rishi Sunak has said the country is facing “challenging and uncertain” times after official forecasters predicted the biggest fall in living standards on record. Following his spring statement on Wednesday, the Chancellor insisted the Government was “on the side of hard-working families”. But Labour said that he had done nothing to tackle the cost-of-living [...]
Poverty looms for 600,000 Brits after Spring Budget as benefits fall behind inflation and tax jumps March 24, 2022 Around 600,000 people will be pulled into poverty, of which around a quarter are children, according to new data shared with City A.M. this morning. In fact, families in poverty will be £446 per year worse off in 2022-23 compared to if benefits had been uprated in line with current inflation levels. Households in poverty [...]
Say hello to the 3:2 week: What a new working life looks like for many Brits in 2022 March 24, 2022 Two years on since working from home was first introduced for many Brits, new research shared with City A.M. today shows that Brits have reached an era of balance, as today’s office workers now spend three days a week working in the office, and the other two working remotely. The new 3:2 week has had [...]
UK watchdog warns millions of Brits face financial difficulty March 23, 2022 The Financial Conduct Authority (FCA) has warned that the cost of living crisis has put millions of Brits at risk of facing "serious financial problems."
Three Amazing Tech Companies Hiring Right Now March 23, 2022 If you’re planning to change jobs in the coming months, you’ve come to the right place. Our lovely job board is set to be bursting with amazing opportunities this year, and we’re excited to share them with you! This week, we’re shining a bit of a spotlight on some of the brilliant tech companies that [...]
As it happened: Rishi Sunak’s Spring Budget 2022 March 23, 2022 Live updates and links to all our coverage, reactions and analyses as the Chancellor of the Exchequer, Rishi Sunak, delivers the government’s Spring Budget for 2022 . Please do get in touch and let us know your opinion via news@cityam.com or @Cityam With the cost of living crisis, rising inflation, war in Ukraine and [...]
City A.M. Awards 2022: Law Firm of the Year March 23, 2022 The City is back, and so are the City A.M. Awards, recognising the best of the Square Mile, Canary Wharf and London’s business community – which has shown shown resilience, innovation and adaptability like never before over the past year. We’re delighted to host what will be a wonderful celebration of the capital’s rebound, but [...]
Rishi Sunak’s Spring statement today: From fuel duty cuts to tax and energy bills March 23, 2022 The time has come for the Chancellor to unveil his spring statement, with the spotlight on how he intends to deal with the cost of living crisis. Rishi Sunak is set to vow to “stand by” British families as he is expected to outline further plans to support households facing financial hardship on Wednesday, which [...]
Brexit costs: Brits face €18 fee on UK-EU bank transfers and €5 per ATM withdrawal in Europe March 23, 2022 The French bank Crédit Agricole has introduced a €5 charge for withdrawals made with UK-issued credit and debit cards. In addition, the bank recently started to imposed a new €18 flat fee on any bank transfers coming from Britain. More European banks are expected to introduce similar fees, according to various European media, including magazine [...]
One in five Brits expect to fall into debt as cost of living soars March 22, 2022 One in five Brits are anticipating being plunged into debt by spiralling energy prices and the rising cost of living, fresh data has revealed.
