Meetings take up two years of our lives and are a complete waste of time, according to new research April 26, 2016 From business jargon to having to talk to your colleagues, the great British public hates pretty much everything about being employed. Now, even the traditional business meeting is coming under fire, as new research finds the average worker spends years attending them. Office workers in the UK are spending increasing amounts of time preparing for, and [...]
City Moves for 26 March 2016 | Who’s switching jobs April 26, 2016 Alpha FMC Asset and wealth management consultant Alpha FMC has appointed Andrew Glessing as director and head of its new dedicated compliance practice which will initially comprise nine consultants. Andrew has more than 25 years’ experience in financial services and compliance consulting. He spent seven years as manager at the Financial Conduct Authority where he [...]
Average weekly disposable income climbed in March, according to Asda’s income tracker April 26, 2016 The average weekly disposable income climbed to £198 per UK household in March according to Asda’s latest income tracker. Families were £12 better off year-on-year. This means that annual growth in spending power has remained above £10 for 17 consecutive months. London saw spending power rise slightly, up £14 on the same period last year. [...]
People would leave big cities if they knew their professional life wouldn’t suffer for it, but poor connectivity leaves many dreams of countryside living unrealised April 26, 2016 Many workers would gladly swap city streets for a breath of countryside air if they weren't so concerned about their job prospects, a study out today has found. The research by Citrix, seen exclusively by City A.M., found that over half (54 per cent) of the 1,243 workers they surveyed would move to a more rural [...]
Pressure mounts on BHS top dogs as MPs call for Sir Philip Green to be held accountable over department store’s collapse April 25, 2016 Pressure was mounting on Sir Philip Green last night after MPs called for the former BHS owner to be held to account over yesterday’s collapse of the 88-year-old high street chain, which he sold for just £1 last year after 15 years’ ownership. BHS’ failure, which puts 10,000 jobs at risk, is also being investigated by [...]
London mayoral election 2016: Zac Goldsmith says Tube passengers face conditions worse than farmyard animals as Sadiq Khan says the Tories’ “Donald Trump approach” won’t work April 25, 2016 Conservative mayoral candidate Zac Goldsmith has warned commuters that they will face conditions on the Tube that would be illegal for farmyard animals unless there is further investment in the transport network. Speaking with less than two weeks until London goes to the polls to vote on Boris Johnson's successor, Goldsmith said that the situation passengers [...]
Charter’s $55bn takeover of Time Warner Cable is approved by the US Department of Justice April 25, 2016 Charter's $55bn (£38bn) takeover of Time Warner Cable has been granted antitrust approval by the US justice department. The two broadcasting companies agreed the deal last May, with Charter beating rival Comcast to make a successful bid for Time Warner. The justice department's approval was granted with conditions aimed at protecting competition. These measures include an [...]
Pizza chain Zizzi to cut staff perks in wake of the National Living Wage April 25, 2016 Zizzi's staff have had their perks cut as the National Living Wage puts a strain on the business. The private-equity owned restaurant chain has become the latest business to respond to changes in the minimum wage. Waiting staff have had their free meal choices limited while a cap has been imposed on how much they can earn from [...]
Empiric buys student property in Manchester for £30m April 25, 2016 Empiric Student Property has bought a 561 bed scheme in Manchester for £29.5m as well as the 50 per cent stake it doesn't already own in a student accommodation in Southampton. The listed student housing provider said the Manchester scheme, which it acquired from MCR Property Group, comprised of six separate blocks of accommodation, which have been [...]