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      Analysis: AI sell-off leaves markets at a crossroad

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home working

  • Sadiq Khan: Home-working risks London ‘hollowing out’

    Business

    Sir Sadiq Khan has raised the alarm on working from home, saying London “cannot afford” to be a city where “the centre has been hollowed out”. The London Mayor urged employers to consider the post-lockdown effect on commuters across the capital, as first reported by the BBC. Khan added unease regarding the amount of young [...]

    TfL is consulting on a 20 per cent hike to to the congestion charge that will also end the 100 per cent discount for EV drivers.
  • Asda cuts jobs and demands three-days-a-week return to office

    Retail

    Asda has announced job cuts and asked its staff to return to the office three days a week in the latest move in its turnaround plan. In an internal email on 5 November, the grocer said it was changing its office attendance policy at its George House site in Leicester as well as its Asda [...]

    Real estate investors are increasingly competing to snap up UK supermarkets as slow planning processes weigh on developments.
  • PwC UK orders staff to spend more time in office and meet clients in person

    Business

    PwC UK has ordered staff to spend more time in the office and meet clients in person, as the accounting giant becomes the latest firm to adopt tighter rules on working from home. The Big Four firm told its employees and partners on Thursday that its new hybrid working policy would require them to spend [...]

    PwC cuts roles and apprenticeship
  • Lloyds defends return-to-office mandate as staff engagement falls to nine-year low

    May 16, 2024

    Lloyds Banking Group has defended its workplace culture after it experienced a sharp drop in its employee engagement index last year, driven by a "tough" stance on staff returning to the office.

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