Bank of England set for ‘further interest rate hikes’ as businesses boost jobs Economics The Bank of England is likely to raise interest rates several times in the coming months after businesses increased their headcount for the first time in over two years, analysts have predicted. Survey figures released by S&P Global, which are closely monitored by government officials and central bankers, showed stronger activity across services firms. [...]
Meet the woman trying to fix hospitality’s toxic kitchen culture Food Can a company backed by some of hospitality’s biggest names push the industry to clean up its act, asks Carys Sharkey This autumn some of the most influential figures in London’s hospitality scene gathered to discuss the issues hitting the industry. But for once, cost pressures weren’t top of the agenda. Instead, chefs and restaurateurs [...]
Weil’s ‘Titanic’ ordeal rocks firm’s London lawyers Law The unravelling of one of the world’s most prestigious law firms, Weil, Gotshal & Manges, has shaken its London lawyers, with one partner describing it as “a Titanic situation.” “This is probably the worst succession planning in legal history,” a former Weil partner told City AM. “I’m shocked about this…It’s crazy to me this is [...]
Budget 2026: Government to ‘act soon’ to address gender pay gap and pay transparency October 28, 2026 The government is addressing “calls” to introduce mandatory pay transparency in job adverts and tackle gender pay gaps at firms, chancellor John Healey said in his Budget. Healey said he has “heard calls” to introduce the measure that will ensure employers will be required to disclose salary ranges on job listings, as well as confirming [...]
Top court rejects Tesco appeal in ‘equal pay’ case October 23, 2026 The Supreme Court has blocked Tesco from appealing a key ruling in a long-running equal pay claim brought by more than 16,000 shop workers. Tesco is one of several UK supermarkets caught in a legal battle over allegations that it underpays its store workers, mainly women, compared with distribution centre workers, who are mostly men. [...]
Amazon pledges 30,000 jobs for Neets ahead of Budget October 21, 2026 Amazon has pledged to create 30,000 entry-level roles for young people by the end of the decade, in the latest sign of firms rowing in behind the government’s effort to tackle the youth unemployment crisis. The tech and retail giant has announced its “Youth Promise” programme amid growing concerns about youth joblessness and the number [...]
Tories call for urgent action on youth unemployment in Budget October 18, 2026 Shadow work and pensions secretary Helen Whately has said the government needs to “take action in the Budget” to “back businesses to employ more young people”, referring the one million young people who are not in employment, education or training (Neets). Talking to the BBC’s Laura Kuenssberg on Sunday, Whately said the Labour party have [...]
Banning non-competes is a hollow victory — firms will just ramp up gardening leave October 14, 2026 The Prime Minister revealed last Friday that the government will curb non-compete clauses in employment contracts, a move that has raised some eyebrows in the City. But despite business pushback over yet another overhaul of employment laws, City lawyers have already been 10 steps ahead with alternatives, Maria Ward-Brennan writes. Andy Burnham, in his speech [...]
Midday Markets: Burnham’s welcome crack down on pesky non-competes October 9, 2026 The Midday Market report is a new newsletter from City AM, giving you fresh analysis on the City’s biggest stories straight into your inbox every lunchtime. Today, Ali Lyon outlines the positive case for Andy Burnham’s clampdown on non-competes and lengthy notice periods. You know something is wrong with the upper end of Britain’s labour [...]
Employers yearn for growth as jobs market stages ‘fragile recovery’ October 8, 2026 The UK jobs market is beginning to “flicker back to life,” a new report has said, after permanent and temporary placings inched up in the last month. The latest jobs report from KPMG and recruiter REC showed permanent hiring grew for the second consecutive month to a four-year high of 50.9. Meanwhile, temporary billings also [...]