Salary slaves: 2021’s best and worst paid industries and the UK’s fastest-growing sectors October 14, 2021 Earlier this week, City A.M. revealed private equity firms are prepared to pay junior staff with less than two years experience an average salary of more than £152,000, a jump of 52 per cent compared to two years ago. For those with two to four years of experience, an salary of around £181,000 has become [...]
Londoners’ petrol and energy costs up by record 20 per cent in last two weeks alone October 14, 2021 Analysis of Brits’ debit card data shows this morning that September 24 saw the highest amount spent on fuel in a single day since Lloyds Bank records began. The peak fell the day after BP and Tesco closed some filling stations due to problems with fuel delivery. Across the UK, people spent a fifth (20 [...]
City Moves: Who’s switching jobs in the Square Mile today? October 14, 2021 City A.M.’s Millie Turner provides a roundup of the most important hires and job moves across the City, every morning. Email citymoves@cityam.com to be featured. McDermott Will & Emery Law firm McDermott Will & Emery has poached the new Head of its London Corporate Tax practice from Deloitte. Kevin Cummings makes his return to the legal market after being a Partner at [...]
Khan’s Covid recovery campaign for London’s battered tourism sector pulls in £70m October 13, 2021 London mayor Sadiq Khan’s pandemic recovery campaign for the capital’s battered tourism sector has pulled £70m into the sector, according to London & Partners CEO Allen Simpson. The campaign, which launched in May, was to bring a well needed boost to London’s tourism sector after emergency Covid-19 restrictions decimated the industry. Speaking at City Hall [...]
‘Move out of the f*** way’: Furious motorists drag Insulate Britain protesters off roads October 13, 2021 Outraged motorists in Essex, including a mother who berated activists for stopping her from driving her 11-year-old son to school, clashed with protesters from Insulate Britain this morning. Multiple confrontations occurred, with demonstrators dragged off the roads by drivers near a busy industrial estate in Thurrock. Lorry drivers blasted their horns and a female protester [...]
National bravery award for ‘London’s hardest cop’ who fought off machete attacker October 13, 2021 A national bravery award has been awarded to a Leyton police officer dubbed “London’s hardest cop” after single-handedly fighting off a machete attacker has received a national bravery award. Pc Stuart Outten was repeatedly struck over the head with a 2ft-long blade after stopping Muhammad Rodwan’s white van for having no insurance in Leyton, east [...]
While you were asleep: Fire breaks out at London tower block in Battersea October 13, 2021 A fire raged at a block of flats in south-west London, leading to a woman and her child being taken to hospital. The blaze took hold in a flat on the 20th floor of a high-rise on Westbridge Road in Battersea. Three people left the affected flat while another 50 people left the building before [...]
City Moves: Who’s switching jobs in the Square Mile today? October 13, 2021 City A.M.’s Millie Turner provides a roundup of the most important hires and job moves across the City, every morning. Email citymoves@cityam.com to be featured. Riverstone Property developer Rivertsone has hired a new Chief Experience Officer who will help ensure a smooth experience for its over 65s residents in Kensington and Fulham. Greg Mace joins as the firm readies itself for new developments, [...]
Losing the spark: London’s New Year’s Eve fireworks show cancelled again October 12, 2021 London’s highly anticipated New Year’s Eve fireworks show has been cancelled for the second year running over Covid-19 concerns. While the Thames-side event is off, there are plans to hold a separate event in Trafalgar Square, according to the Metro. “This year, as always, London will be welcoming the new year in a spectacular way,” [...]
95-year old Queen uses walking stick for first time while attending Westminster service October 12, 2021 The 95-year-old Queen was handed the stick after stepping from her state limousine for a Westminster Abbey service this morning, and appeared to be moving freely as she walked to her seat for the start of the service. She used the stick again as she left. It is believed to be the first time she [...]