DEBATE: Should business be concerned about the planned immigration curbs on low-skilled workers? February 20, 2020 Should business be concerned about the planned immigration curbs on low-skilled workers? Kate Nicholls, chief executive of UKHospitality, says YES. The proposals announced yesterday are overly restrictive and will halt business growth in huge swathes of the economy. They also give very little time for business to adjust and adapt, as the government has said [...]
City of London office leasing hits all time high February 20, 2020 Office space leasing in the City hit an all time high in 2019, rising to 43 per cent of all take up across London, according to the latest research. Leasing in the City reached 6.4m sq ft last year, a jump of three per cent on the previous year. Total office leasing in London reached [...]
Tech jobs advertised in the UK plunged by half in 2019 February 20, 2020 The number of tech jobs advertised in the UK fell 52 per cent from mid-2019 to the end of the year, analysis published today said. The research found there were 78,000 jobs listed on social network Linkedin that required skills in emerging technologies at the end of 2019, down from 162,000 in June. The decrease [...]
Swiss bank UBS set to hire ING boss Ralph Hamers February 19, 2020 Swiss bank UBS is reportedly set to name the chief executive of Dutch bank ING as its new chief executive. The Financial Times reported that Ralph Hamers would take over from Sergio Ermotti who has been in post for more than eight years. ING pulled a bond deal today, saying “information had come to the [...]
Airbus announces 2,300 job cuts in space and defence division February 19, 2020 Airbus today said it would cut 2,300 jobs in its defence business, including 357 roles in the UK. The UK cuts amount to a near 10 per cent reduction in its 4,000-strong workforce. The aircraft maker blamed a flat space market and postponed defence contracts for the cuts. Ongoing technical problems with its transport and [...]
Dominic Cummings’ war on conventions is just getting going February 19, 2020 Much is being made of Dominic Cummings’ supposed overreach this week. His attack on the BBC proved so brutal that even Auntie-sceptic John Whittingdale blanched, while one of Number 10’s newly-hired “weirdos and misfits” had voiced his support for marital rape and sympathy for eugenics in online forums. Andrew Sabinsky’s Downing Street career lasted just [...]
Exclusive: Barclays installs Big Brother-style spyware on employees’ computers February 19, 2020 Barclays has been criticised by HR experts and privacy campaigners after the bank installed “Big Brother” employee monitoring software in its London headquarters. Introduced as a pilot last week, the technology monitors Barclays workers’ activity on their computers, and in some instances admonishes staff in daily updates to them if they are not deemed to [...]
Coronavirus: Oil price rises as virus spread slows February 19, 2020 Oil prices rose today amid hopes the coronavirus may have reached its peak. The 2.5 per cent rise was also put down to the US taking action against a Rosneft subsidiary supplying the Venezuela, helping limit supply further. Brent crude was up $1.47, or 2.6 per cent at $59.22 a barrel this evening. “There’s more [...]
Moneysupermarket kicks off hunt for new chief executive February 19, 2020 Price comparison site Moneysupermarket confirmed today it was looking for a new chief executive. Mark Lewis is stepping down from the role after three years in charge, the group told the stock market this morning. Sky News first reported the move, revealing that Moneysupermarket had hired headhunters Russell Reynolds to search for his successor. Lewis [...]
The best smart home devices of 2020: Here’s how to transform your house with the very best in connected tech February 19, 2020 No longer the preserve of gadget geeks, the tech-powered home of the future is finally going mainstream. If you’re ready to get on board, here’s our pick of the best devices in every class to upgrade your dumb house to a smart home. Best smart display: Google Nest Hub Max Once your house is heaving [...]