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  • Influx of foreigners: Rapid rise in hiring and relocating overseas talent to the UK due to severe shortage of job candidates

    February 23, 2022

    A severe shortage of job candidates in the UK is fuelling a rapid rise in the number of British employers seeking out international talent to fill their vacancies and offering them more support in their move to a new country and city. Relocation platform PerchPeek told City A.M. this morning that it has seen a 327 per cent [...]

  • HMRC’s average take from investigation into small businesses and individuals rises to £18,400

    February 23, 2022

    HMRC has increased its take from investigations into individuals and small businesses to an average of £18,400 per investigation, up from £17,500 last year, according to new data shared with City A.M. this morning. HMRC is looking to extract as much as they can from investigations as they seek to make up for revenue lost [...]

  • Millions of Brits go bargain hunting as they are forced to tighten their belts in cost of living crisis

    February 23, 2022

    As energy prices soar and inflation hits a 30 year high, millions of British households have embarked on a hunt for bargains and discounts. In fact, 41 per cent of shoppers stated that they would actively look for bargains as they prepare to tighten their belts; with a further 35 per cent of shoppers saying [...]

  • UK customers of Monzo hit by SMS-based phishing attack

    February 22, 2022

    UK customers of all-digital bank Monzo are being targeted with an SMS-based phishing campaign, aiming to steal sensitive information from their accounts, according to various reports this morning, including Computing magazine. One of the most important aspects of creating a Monzo account is verifying a customer’s device, normally done through a ‘golden link’ sent to [...]

  • Farmers sound alarm as more than 40,000 pigs are culled and meat thrown away due to Brexit and pandemic

    February 22, 2022

    An estimated 200,000 pigs are backed up on farms because of a lack of skilled butchers to process them, while 40,000 animals have already been culled and their meat thrown away, farmers said this morning. Farming needs “certainty, commitment and consistency” from the Government to avoid more crises like the one engulfing the pig industry, [...]

  • Follow the money: Property market’s peak starts to push investors towards startups and small businesses

    February 22, 2022

    Investment habits have changed rapidly over the last few years in the UK, with individuals leaning on investments to provide them with passive income. Property investing has been seen as a stable investment over the past decade. The UK housing market has registered substantial growth over the past few years, causing property investing to become [...]

  • Barclays prepares to name Anna Cross as first female chief financial officer

    February 21, 2022

    Barclays is reportedly lining up Anna Cross as its next chief financial officer, in a positive step for gender diversity in top banking roles

  • Living with Covid: Legal duty to isolate and routine contact tracing both end on Thursday

    February 21, 2022

    People who test positive for coronavirus will no longer be legally required to isolate from Thursday, and free universal testing will end in April under Boris Johnson’s plan for “living with Covid”. The Prime Minister detailed the strategy for England to the Commons late on Monday afternoon after a Cabinet disagreement thought to centre on [...]

  • While looking for Brexit opportunities: Jacob Rees-Mogg profits directly from Chinese pharma and Russian gas investments

    February 21, 2022

    The government’s new minister for Brexit opportunities, Jacob Rees-Mogg, is directly profiting from significant investments in a pharmaceutical company in China as well as a Russian gas company, according to reports. Somerset Capital, in which Rees-Mogg holds a 12 per cent stake, reportedly invested £5.7m on behalf of clients in a company that potentially faces [...]

  • Government halves insolvency payouts to workers in 2021

    February 21, 2022

    The government halved pay outs to workers whose employers went bust last year, as Covid-19 support measures helped stave off insolvencies.

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