Cough up cash for small suppliers TSB tells rivals April 19, 2022 High street lender TSB has called on rivals Co-Operative Bank and Metro Bank to speed up supplier payments after data found the banks are among the worst culprits for paying suppliers late.
Next generation could spend 10 years in metaverse as industry booms April 19, 2022 The next generation could spend up to 10 years in virtual realities over the course of their lifetime, new research has revealed.
Insurance sector launches hiring spree amid surge in flooding and Covid linked claims April 19, 2022 Vacancies for jobs in the insurance sector hit record highs at the start of 2022 on the back of a surge in claims linked to flooding and Covid-19. The UK’s biggest insurance companies posted more job ads in January than in any other month since the start of 2019, a new report from Vacancysoft shows. [...]
More than 50 per cent of FTSE 350 board appointments in 2021 were women April 19, 2022 More than 50 per cent of board appointments to FTSE 350 firms last year were women, bringing the gender ratio closer to an even split. New figures from recruitment company MBS, show boardrooms are becoming more equal places, with a gain of 200 women in 2021, and men constituting 75 per cent of those having [...]
UK will not offer Indians more visas in post-Brexit trade talks April 19, 2022 The government will not allow more Indians to come to the UK through new visa routes in any UK-India free trade deal. City A.M. understands the prospect of special Indian visas has not been discussed in the first two rounds of trade negotiations and that international trade secretary Anne-Marie Trevelyan has not put the issue [...]
Cost of living crisis: High earners with salaries of at least £50k offered more and greater pay rises April 19, 2022 High earners are most likely to have been offered pay increases as the rising cost of living begins to bite, according to new research shared with City A.M. this morning. As inflation grew to its highest level in three decades and 22 million households brace themselves for soaring energy bills, a YouGov survey carried out on behalf of global [...]
Aviation industry left in disarray after US judge overthrows Biden’s mask mandate on planes and trains April 19, 2022 The US aviation industry was left in disarray after a US federal judge overthrew President Biden’s mask mandate on public transportation, creating confusion among passengers and operators. The ruling, which was made yesterday by Florida judge Kathryn Kimball Mizelle, gives public transport operators the power to keep masks on or scrap them entirely forcing travellers [...]
Standard Chartered London HQ and global offices targeted by fossil fuel protests April 19, 2022 Standard Chartered has become the latest London-headquartered bank subject to climate change protests, as activists seek to stop investments in oil and gas. The nearly 170-year-old bank is the only bank in the UK facing a shareholder-proposed resolution on climate change at its annual this year. Despite protests erupting outside the British bank’s office in [...]
Government considers scrapping green levies as households face spiralling energy bills April 19, 2022 The government could scrap a green levy which adds £153 to the average energy bill to ease the cost of living crisis facing households.
Egg farmers threaten to stop production in price row with supermarkets April 19, 2022 Egg farmers have warned they could be forced to stop production after claiming the country’s biggest supermarkets are “suffocating businesses.” Farmers have previously called on supermarkets to raise the price of eggs as producers struggle with significant feed and energy cost increases. Now, the British Free Range Egg Producers Association (BFREPA) has said farmers may [...]