Number of Brits on payrolls accelerates as close to 30m are in employment February 15, 2022 The UK job market continued its recovery as the number of payrolled workers jumped last month but wages have continued to lag behind soaring inflation, according to official figures. The Office for National Statistics said this morning that the number of UK workers on payrolls rose by 108,000 between December and January to 29.5m. The [...]
Meet the hackers helping people recover lost crypto assets February 15, 2022 Would you trust hackers you met over the internet to break into your crypto account and recover lost funds?
Valentine’s day: Money can buy love as one in three Brits break up when partner goes broke February 14, 2022 They say you can’t put a price on love, but a new study would seem to suggest otherwise, with one in four Brits saying that financial responsibility is the most attractive trait in a partner, above looks or personality. According to new research conducted by digital wealth manager, Moneyfarm, 42 per cent of the UK [...]
Exclusive: What the departure of Lloyd’s of London would mean for the City February 14, 2022 Lloyd’s of London may be leaving its gigantic headquarters in the City. A pandemic-induced hit to office footfall has left it mulling a move to another location. The company told City A.M. recently it is weighing up leaving iconic headquarters’ as it seeks out ways to adapt to shifts in working habits brought about by [...]
Unprecedented: UK petrol prices hit staggering 148p per litre for the first time ever February 14, 2022 The average UK petrol price per litre has surpassed 148p for the first time ever, breaking the record price levels for the third time this year.
Tube journey jumps to £2.50: Sadiq Khan hikes London transport fares by five per cent February 14, 2022 The Mayor of London has announced a price hike for rail and bus services in the capital as part of efforts to save struggling TfL services.
Exclusive: Business tax reliefs jump to record £94bn as number of available reliefs grows to 57 February 14, 2022 The value of tax reliefs claimed by UK businesses reached a record £93.7bn last year, up another 5 per cent from the £89.3bn claimed the year before, according to new data shared exclusively with City A.M. today. The growth in the value of business tax reliefs claimed has been driven by the rise in the number [...]
Covid fraud fiasco widens as plans to recover £6bn are slammed as ‘soft HMRC is rewarding the unscrupulous’ February 14, 2022 In a report published late on Friday, Parliament’s cross party Public Accounts Committee says “HMRC’s unambitious plans” for recovering a total of £6bn it estimates it spent incorrectly in Covid-19 support payments – whether through fraud or mistakes – could lead to government writing off billions of pounds in taxpayers’ money. The PAC said this “risks rewarding the [...]
Office space cleans up: How offices can better serve their workers February 14, 2022 Ask 10 different people what they would want from their ideal working environment and you’d likely receive 10 different answers. For most people, the various merits of ‘Working from home’ against ‘The office’ are measured against myriad very personal circumstances – whether you have ample desk space, kids at home or stable wi-fi. Yet, much [...]
John Lewis turns around losses after Christmas boost February 14, 2022 John Lewis is trading in the green following strong Christmas sales which helped the group recover from heavy losses.
