Net fees slip at recruitment giant Hays as Covid rocked business confidence August 26, 2021 Net fees at recruitment giant Hays have dropped eight per cent as the firm grappled with the Covid-19 impacts of rocky business and candidate confidence. The group’s total fees fell from £996.2m to £918.1m in the year to 30 June. Meanwhile, the firm’s operating profit also dropped 30 per cent from £135m to £95m. Shares [...]
London based start up to employ 500 Afghan refugees August 26, 2021 Cera, a London based start up, has announced an initiative to recruit, train and employ 500 Afghan refugees. The company, which provides healthcare visits in homes across the UK, will be working with local councils and the government to train arrivals from Afghanistan as professional carers. The scheme is part of the government’s resettlement programme [...]
Square Mile workers split on vaccine proof being mandatory for return to City offices August 26, 2021 Professionals working in the City of London are split on whether their employers should ask them to show proof of coronavirus vaccination to return to the office, according to a survey. Around 43 per cent of City staff think companies should require employees to provide proof that they have been vaccinated should be required to [...]
Research platform Atheneum looks to expand London team after £110m fundraiser August 26, 2021 Research platform Atheneum has set its sights on expanding its London team, as well as its Munich, Shanghai and New York offices, following a £110m funding round. The platform’s latest capital rally, led by Guidepost Growth Equity, will see Atheneum’s UK headcount swell from 50 to 200 over the next 12 months. “We are excited [...]
British citizenship applications by EU nationals up by 83 per cent after Brexit August 26, 2021 Applications for British citizenship by EU nationals rose by 83 per cent compared with the previous year, to 74,384, according to new Home Office figures published this morning. This is the highest number of applications from EU nationals in a 12-month period since comparable records began in 2004. EU nationals accounted for more than a [...]
Lockdown pet boom: Demand for pet friendly homes surpasses garden space August 26, 2021 The demand for pet friendly homes has more than doubled during the pandemic, sailing well past garden demand as the lockdown pet boom took hold of freshly homebound Brits. Tenants eyeing pet friendly properties has surged 120 per cent compared to last summer, according to the latest research from Rightmove. While the demand for gardens [...]
Former Capco executives club together for £8m Proud Embankment deal August 26, 2021 A property investment firm led by former Capital & Counties executives has acquired London nightclub Proud Embankment for £8m in a show of confidence in the return to dancefloors. Castlebrooke Investments has taken a 17-year lease on 8 Victoria Embankment, the entertainment venue that plays host to Proud Cabaret. The former riverside tram shed entrance [...]
Extinction Rebellion: Number of XR protesters arrested in London nears 200 August 25, 2021 The number of people arrested at Extinction Rebellion (XR) events in London protests since Sunday has almost reached 200 as the environmental group targeted the Oxford Circus area. The Metropolitan Police said as of 6pm tonight, another six had been arrested for a “variety of offences”. Now the total number of arrests made over the [...]
Local councils in Britain staring into £3.1bn funding blackhole August 25, 2021 Local councils in Britain will look to scrap projects and essential services as they grapple with a combined £3.1bn funding blackhole. Councils across England, Wales and Scotland face record financial shortfall in 2022/23 which will likely will lead to huge service and staff cuts at local authorities unless the government urgently finds the money to protect communities, the Unison union [...]
Property Special: London’s most affordable postcodes, up and coming areas, best for schools and to invest August 25, 2021 The property market has boomed over the past year, thanks to the stamp duty holiday which has given a lot of first-time buyers the opportunity to get their foot on the property ladder. Coupled with the introduction of the new government backed 5 per cent deposit scheme, designed to help home buyers, the market isn’t [...]