Women make up bulk of new non-exec directors for first time November 11, 2019 Women made up the majority of newly appointed non-executive directors to FTSE 150 boards last year for the first time, new analysis of UK boardrooms has shown. Read more: UK women earn £260,000 less than men over working life In the 2018-19 financial year, a record 72 per cent of FTSE 150 boards appointed a [...]
Employers positive about hiring with parties set for spending splurge November 11, 2019 Employers were optimistic that staff numbers will increase in the last three months of the year when polled in September, a survey has shown, as the promised “end to austerity” boosted expectations about job numbers in the public sector. Read more: General Election: Sajid Javid promises to rip up restrictive spending rules Yet despite the [...]
London startup founded by NHS manager secures £9.1m injection November 11, 2019 Visionable, a healthtech startup co-founded by a former NHS manager and independent peer Lord Victor Adebowale, has today revealed its series A funding round at £9.1m. The raise was led by West Hill Capital, which valued the business at £47.6m. Visionable provides doctors, paramedics and others in the NHS with video conferencing software specifically designed [...]
Salaries for UK financial services workers jump amid competition for talent November 11, 2019 The average salary for UK financial services workers jumped to £53,000 in the second quarter amid competition for talent. Data released today by recruitment software provider Broadbean showed the average salary for financial workers in the first quarter rose to £48,500 before climbing to £53,000 in the second quarter. The increase in salaries comes despite [...]
Revealed: Government faces mounting pile of complaints over contract issues November 11, 2019 Whitehall is facing a spiralling number of complaints from companies bidding for government work, as officials move to counter growing disquiet over a series of botched contract awards in recent years. The number of complaints rose by nearly half in 2018 to 235, up from 159 the previous year, according to data released under the [...]
Keith Vaz to stand down in General Election November 10, 2019 Labour’s Keith Vaz has announced he will not stand for re-election in the upcoming December ballot. The veteran politician was facing a six-month suspension from the Commons after being found to have “expressed willingness” to purchase cocaine for others. In a statement, Vaz said: “I have decided to retire after completing 32 years as the [...]
Conservatives and Labour battle over election spending pledges November 10, 2019 The Conservatives have sparked a furious political row with Labour over claims that a Jeremy Corbyn government would splurge over £1 trillion on its policy pledges. Shadow chancellor John McDonnell said the Tory attack was “fake news” while government ministers came unstuck amid questions about their own spending commitments. Read more: Sajid Javid confirms new [...]
Silvertown Tunnel campaigners threaten Sadiq Khan with a judicial review November 10, 2019 Campaigners against the Silvertown Tunnel have sent a letter to Sadiq Khan threatening to seek a judicial review of the project if it is approved. The No to Silvertown Tunnel coalition sent a letter to the mayor last week, saying that modelling from Transport for London (TfL) on the project is “insufficient to make a [...]
World Para Athletics Championships 2019: Is parasport the sponsorship industry’s best kept secret? November 10, 2019 The 2019 World Para Athletics Championships is currently being held at the new stadium of the Dubai Club for People of Determination – a fitting name for what will be the climax of the para athletics season. The championships are also the last major opportunity to qualify for the Tokyo 2020 Paralympic Games, so it’s [...]
Saudi Aramco to offer retail investors $10bn-worth of shares in blockbuster float November 10, 2019 Investors will start bidding for shares in Saudi Aramco next Sunday, as the starting gun fires in the race to own a part of the world’s most profitable company. In what could be the biggest ever stock market listing, Aramco said in its Initial Public Offering (IPO) prospectus over the weekend that it will offer [...]