The legacy of the Berlin Wall is the city’s thriving tech scene November 8, 2019 Tomorrow marks the thirtieth anniversary of the fall of the Berlin Wall, arguably the most symbolic political moment of the post-war twentieth century. On 9 November 1989, tens of thousands of people flooded across a barrier that had divided ideologies for 28 years. The German capital was transformed. Anniversaries like this are important because they [...]
DEBATE: Should the London Stock Exchange cut its hours to improve work-life balance for traders? November 8, 2019 Should the London Stock Exchange cut its hours to improve work-life balance for traders? Galina Dimitrova, director of investment and capital markets at the Investment Association, says YES. Trading hours in the UK are 8am to 4:30pm GMT — some of the longest in the world. That doesn’t sound like a long day, but traders [...]
The Tories and Labour both seem happy to throw fiscal responsibility to the wind November 8, 2019 The “money men” are at it again. Yesterday, chancellor Sajid Javid and shadow chancellor John McDonnell took part in a spending showdown, announcing pledges and making their cases for different economic visions for Britain in years to come. Labour’s spending promises are staggering. Essentially doubling the figures from the 2017 manifesto, the party has ditched [...]
Hiring remains subdued amid uncertainty November 8, 2019 Hiring activity remained subdued last month as employers held tight amid the current Brexit uncertainty, according to a new report. Permanent staff appointments fell solidly at the start of the fourth quarter, with many employers choosing to cancel or postpone hiring until there was greater clarity over the outlook. Read more: Can business models like [...]
City Moves for 8 November – Who’s switching jobs at Sancus BMS, Trident Resources and IMG? November 8, 2019 Today’s City Moves includes Sancus BMS, Trident Resources and IMG Sancus BMS Sancus BMS Group, the asset backed alternative lender, has announced that Bob Rowbotham has joined their team in London as director of business development. Bob will be responsible for developing relationships and generating business from brokers and borrowers throughout the UK. Bob’s most [...]
Revealed: The 50 fastest growing tech companies in the UK November 8, 2019 Firms based in London dominate a new ranking of the 50 fastest growing tech companies in the UK. Fintech bank Revolut took poll position as the technology firm with the quickest revenue expansion in the index, compiled by audit firm Deloitte. Read more: Gocardless and Transferwise join forces for global recurring payments service Revolut racked [...]
General Election 2019: Labour promises ‘workplace revolution’ November 7, 2019 Labour will tomorrow promise a “workplace revolution”, as part of a radical step-change in how women are treated as work. Shadow women and equalities secretary Dawn Butler will set out how a Labour government will create a ‘Workers’ Protection Agency” that would have the power to fine firms for failing to report or tackle their [...]
General Election 2019: Tory candidate throws in the towel after backlash from ‘unacceptable’ rape comments November 7, 2019 A Conservative election candidate who said that women should “keep their knickers on” during a conversation about rape has stood down from the contest. Nick Conrad, a BBC Radio Norfolk host, made a series of comments during a live debate about footballer Ched Evans, who was convicted of rape five years ago, before the sentence [...]
Emirates profit soars as fuel price dip gives airline a boost November 7, 2019 Emirates airline saw profit nearly quadruple in the first half of the year, bouncing back from its lowest half-year results in a decade in 2018. The Dubai-based firm, which is owned by the state, cashed in on a decline in global fuel prices, but said global currency movements had an adverse impact. The state-owned airline [...]
Update UK electoral law on political ads, says Facebook November 7, 2019 Facebook has called for UK politicians to regulate online political adverts, and said Britain’s electoral law “needs to be brought into the 21st century” as they defended the social media giant’s controversial decision to allow political adverts on its platform. Head of UK public policy Rebecca Stimson said Facebook was “better prepared than ever before” [...]