DEBATE: Are there any benefits to the rise of renting? November 11, 2019 Are there any benefits to the rise of renting? Anne-Marie Brown, founder and chief executive of Love to Rent, says YES. While the UK has traditionally been a nation of homeownership, more people are choosing to rent, and the profile of renters is changing too, with more families and retirees looking for a stress-free alternative. [...]
Introducing the new lord mayor of London November 11, 2019 As the 692nd lord mayor of the City of London, it is an enormous privilege to represent the greatest city in the world. I was delighted to start my term with a spectacular cultural event on Saturday at the Lord Mayor’s Show, which brought together different communities from across the capital and beyond. This showcased [...]
Retailers are hoping for a Christmas miracle November 11, 2019 The crucial Christmas trading season was once relished by high street bosses hoping to fatten their profits before the New Year. But so troubled is the sector that the once ‘Golden Quarter’ of retail has lost much of its shine, being viewed today by many executives as a way of raking in just enough cash [...]
UK business confidence slumps to seven-year low November 11, 2019 Confidence among UK businesses tumbled to its lowest level in over seven years last month, according to a new report, as yet more political uncertainty cast gloom over the economy. Read more: Bank of England: Brexit deal and trade wars will hold back UK growth Businesses in Britain’s manufacturing sector were the most pessimistic. Manufacturers [...]
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 [...]