Exclusive: Calls to boost morale and productivity via hybrid working to unlock £55bn and 51,000 jobs January 13, 2022 The £37bn that is contributed to the economy annually through flexible working could be doubled if companies roll out more hybrid working options, according to new research, shared exclusively with City A.M. this morning. In fact, refusing to accommodate flexible working requests costs businesses £2bn a year, the report found, complementing a separate report from [...]
Northern Ireland Protocol is unique opportunity for businesses, says expert January 12, 2022 An international trade expert has encouraged UK businesses to capitalise on Northern Ireland's continued EU access post-Brexit.
UK households face biggest decline in available cash for eight years January 12, 2022 UK households are feeling the pinch as energy bills soar, the cost of living rises and Covid-19 restrictions continue to impact business.
Horizon scandal: Post Office struggles to deliver compensation for victims January 11, 2022 The Post Office has repaid 777 of some 2,500 postmasters who applied for compensation because of a company computing scandal.
Four-day week at Atom Bank leads to 500 per cent surge in job applicants who want 34 hours a week with no pay cut January 10, 2022 Atom Bank’s four-day working week has led to a 500 per cent surge in job applications and boosted staff morale, its boss has said, stressing he is “utterly committed” to the new set up. The UK’s first app-based bank saw the jump in people applying for job vacancies in one week, shortly after it announced [...]
Santander lures Barclays veteran Jane Galvin away from HSBC in banking war for top talent January 10, 2022 Santander UK announced this morning the appointment of Jane Galvin as Head of Corporate Clients within its Corporate and Commercial Banking (CCB) division. Galvin, a City heavyweight who made a name for herself during three decades at Barclays, will start at the beginning of February and will report directly to CCB head Tim Hinton. She [...]
Best time in 50 years to apply for work or switch jobs as vacancies hit record levels January 10, 2022 Jobseekers are being told it is the best time in 50 years to apply for work, with consistent record levels of vacancies being advertised. Recruitment firm Reed said today was known as Massive Monday in the trade because of the high numbers of people looking for jobs, or wanting to switch careers. Chairman James Reed [...]
Majority of small businesses across the UK have no clue what ‘levelling up’ actually means January 10, 2022 More than half of all small firms in the UK have no clue what levelling up the country means for their business, new research suggests. Moreover, a survey of 500 small to medium-sized businesses (SMEs) found that fewer than one in three believed the Government will deliver on its levelling up agenda. Nucleus Commercial Finance [...]
Exclusive: SIPP godfather John Moret on half a century in the City’s pensions space January 10, 2022 Often referred to as Mr SIPP, or the godfather of SIPP, for his work in developing the self-invested personal pension market, Square Mile insider John Moret is one of the most influential figures in the UK’s pensions industry. He is currently chair of advisory business Intelligent Pensions and a non-executive director of Gaud, a fast growing SIPP [...]
Atom Bank ‘committed’ to four-day week January 9, 2022 The boss of Atom Bank said yesterday he is “utterly committed” to the group’s new four-day working week after the move sparked a 500 per cent surge in job applications and boosted staff morale. Mark Mullen, chief executive of the digital lender, said that while it was “too early to declare victory”, results of the [...]
