First-time buyer hell: The London areas where you pay more than £20k per square meter January 31, 2022 New research has revealed the most expensive areas for homebuyers in the UK. The area where your money will get you the least floor space is Kensington & Chelsea, with an average cost of £28,509 per square metre, while another affluent area ranks second, with the average house in Westminster costing just over £1m, with [...]
Exclusive: Purplebricks swings to a loss amid legal woes January 31, 2022 Online estate agent Purplebricks saw profits tumble in the first half of the year amid legal challenges and housing stock constraints.
Four-day work week reaches UK telco sector as Yo Telecom embraces less time for same pay January 31, 2022 Telecoms provider Yo Telecom has become the latest company to embrace the UK four-day week pilot, the company said this morning. The announcement comes after video game developers Hutch and MBL Seminars said they would also shave off one day. The UK arm of British camera company Canon, Canon Medical Research Europe, has also expressed [...]
Exclusive: Half of all UK bosses plan to hire new tech staff this year January 31, 2022 Digital transformation is a key focus for UK businesses in the coming months. While costs have been a deterrent to innovation over the past year for many firms, the majority are looking to funnel investment into new technology projects in 2022. Nearly half of those polled admit that the cost of development has impeded their firm [...]
Boss gives entire company pay rise to cover hike in national insurance January 31, 2022 With confirmation that Boris Johnson will be raising National Insurance by 1.25 per cent this April, a digital marketing company told City A.M. this morning it will give its entire workforce a pay rise to cover the drop in income. The founder of 71a, Edward Newman, has promised every member of his team a pay rise [...]
ESG: A dealbreaker but not a board priority in the UK in 2022 January 31, 2022 | City Talk Environmental, social and governance (ESG) issues aren’t expected to be prioritised by boards in 2022, even though half of M&A deals in 2021 didn’t progress due to ESG concerns, according to a survey of 200 UK dealmakers by Datasite. According to the results, over half (52%) of UK dealmakers said ESG credential concerns impacted M&A [...]
Guinness owner Diageo plots £73m London microbrewery January 31, 2022 Diageo has revealed plans to build a £73m Guinness microbrewery in a sign that London's hospitality industry is making a post-Covid comeback.
Why should investors care about waste management? January 31, 2022 | City Talk We look at what investors need to know about waste and outline some key investment opportunities. Waste management has long been one of society’s primary challenges. It’s an industry that’s ripe for disruption given how little it’s changed over the last few centuries. For example, only in the last 100 years have we started to [...]
Pearson snaps up Credly for $200m amid workplace skills push January 31, 2022 Education company Pearson has snapped up identity verification site Credly as it expands into the workplace skills market.
Weekend Read: What are London’s property hotspots? January 29, 2022 Which London boroughs have been the busiest housing markets in the past 12 months when it comes to the number of homes sold as a percentage of all private dwellings within each borough? On an individual borough-by-borough level, the busiest area n 2021 in London was Havering, according to data shared with City A.M. this [...]
