5 incredible companies that are hiring in London right now May 5, 2021 Summer is here (finally!), and it’s a great time to make some changes. For many people, that might mean a wardrobe cleanout or a new workout routine, for others, it might mean a new job. Today, let’s deal with the job thing. It can be a bit daunting to start a job hunt, especially during [...]
Mayor of London election: Where do the major candidates stand on the Covid recovery? May 5, 2021 With the 6 May mayor of London election just one day away, City A.M. is producing a four-piece series on where the four leading candidates stand on different issues. Today, we look at Covid recovery policies from the candidates from Labour, the Conservatives, the Green Party and the Liberal Democrats. Sadiq Khan The incumbent mayor [...]
Three-quarters of new FRC panel members being ex-Big Four causes interest concerns May 5, 2021 The majority of individuals recently recruited to the FRC’s advisory panel have at some point worked for a Big Four firm, raising concerns about their objectivity when it comes to making recommendations that are in the public interest. The Financial Reporting Council (FRC) recently announced 19 new appointments to its advisory panel, a body established [...]
City Moves: Who’s switching jobs in the Square Mile this week? May 5, 2021 City A.M.‘s Millie Turner provides a roundup of the most important hires and job moves across the City, every Wednesday afternoon. Email citymoves@cityam.com to be featured. OneBanks hires ex–Lloyds chief as its first CTO Shared branch banking venture OneBanks has appointed a former Lloyds Bank executive as its first chief technology officer (CTO) this week. Andy Willmot, once [...]
Mayoral Election: Sadiq Khan primed for a second term with odds 1/50 May 5, 2021 Looking at the odds, Ladbrokes has found that Sadiq Khan appears to be the bookies next Mayor of London, once again. The Labour candidate looks primed for a second term in City Hall with odds at an eyewatering 1/50, as his closest rival Shaun Bailey staggered behind at 25/1. No amount of money looks enough [...]
India’s latest wave worsens, accounting for nearly half of global Covid cases May 5, 2021 India accounted for one in four global Covid-19 deaths last week, the World Health Organisation (WHO) said today, as the UK pledged to send 1,000 ventilators in aid on Sunday. The WHO said in its weekly epidemiological report that India accounted for 46 per cent of global cases and 25 per cent of global deaths [...]
‘Freedom day’: Pub bosses wipe down the bar for a 21 June return May 5, 2021 The UK’s pub bosses are wiping the bar down for a June return, coined “freedom day”, urging prime minister Boris Johnson to stick to his roadmap for the easing of restrictions. JD Wetherspoon, Greene King, Slug & Lettuce owner Stonegate and Young’s have all expressed their intentions for a 21 June return of bar service, [...]
Future of high streets look bleak as the end of Covid-19 rent debt relief nears May 5, 2021 The future of UK high streets appears bleak today, as 71 per cent of high street businesses expect further job losses without government or landlord support, according to commercial restructuring specialists Cedar Dean. As the end of the rent moratorium approaches, 80 per cent of high street tenants still face ‘unproductive’ discussions with their landlords. [...]
‘I’m somebody who enjoys winning’: Sadiq Khan plots out a second mayoral term May 4, 2021 If the polls are to be believed Sadiq Khan will win Thursday’s mayor of London election by a record margin. Khan’s 20+ point lead has never slipped and his opponents have never laid a glove on him, despite having an extra year of campaigning thanks to Covid. The Labour incumbent has ran an energetic and [...]
Central Line strike planned for election day suspended as union officials hold talks with Tube bosses May 4, 2021 A Central Line strike planned to coincide with the Mayoral election this week has been suspended. The Rail, Transport and Maritime (RMT) union had previously called for industrial action following the “victimisation” and subsequent sacking of tube driver, and union rep, Gary Carney. However, today union bosses told members at Leytonstone, Loughton, West Ruislip and [...]