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      BT braces for loss of 800,000 customers as it banks on fibre to keep turnaround ‘on track’

      A sign at the headquarters building of BT Group Plc in Aldgate, (Photographer: Hollie Adams/Bloomberg via Getty Images)

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London

  • Mayor of London election: Sadiq Khan pledges to create 170,000 green jobs

    April 6, 2021

    Sadiq Khan has pledged to create 170,000 new green jobs if re-elected as mayor as he today launched his manifesto for the mayor of London election. Khan said during a speech at Bloomberg that he would create a new green jobs skills academy that would “support green jobs that are diverse, sustainable and well paid”. [...]

  • Exclusive: Finance professionals want more flexible working week post-Covid

    April 6, 2021

    People working in financial services want to see changes to their working week post-Covid, like flexible hours or choosing where to work from. More than half (54%) of financial services employees want their organisation to offer alternative working patterns such as flexible hours or the option of remote working, according to new research from Deloitte. [...]

  • Boris Johnson: Central London’s post-Covid recovery ‘may take a while’

    April 5, 2021

    Boris Johnson has said that central London’s economic recovery “may take a while” post-Covid as he today confirmed pubs and restaurants will reopen next Monday. Johnson said at today’s press conference that he thinks “the London economy is capable of bouncing back very strongly”, particularly “when we get the life going again in the artistic, [...]

  • London temperatures will feel ‘close to freezing’ today after winter chill follows sunny Easter Sunday

    April 5, 2021

    London temperatures today will feel close to freezing, with the mercury expected to be up to 11C lower than during the sunshine of the Easter weekend as cold northern winds move over the country

  • Silicon Roundabout: What will London’s tech hub look like after lockdown?

    April 1, 2021

    The cluster of tech companies in East London, also known as Silicon Roundabout, was largely born out of the last financial crisis after soaring rents pushed companies out.  This time round the fate of East London may look a little different as tech companies make remote working the norm.  Remote working is here to stay  [...]

  • Bank of England targeted by Extinction Rebellion activists

    April 1, 2021

    Climate activist group Extinction Rebellion has this morning targeted the Bank of England, spraying the building with fake oil. The demonstrators were protesting investments in fossil fuels, accusing the Bank of “funding destruction in a climate crisis”. Activists, some dressed as jesters, sprayed the dye at the building, known as “the Old Lady of Threadneedle [...]

  • First dedicated COVID vaccination site opens in Square Mile

    April 1, 2021  |  City Talk

    The City of London Corporation is delighted to welcome the first, dedicated COVID vaccination site in the Square Mile. The Boots pharmacy site is located at 120 Fleet Street and will begin vaccinating patients from Friday 2 April. It will support the NHS to deliver COVID vaccinations to yet more City residents and City workers, [...]

  • A third of bosses think working from home has boosted productivity

    April 1, 2021

    A third of UK employers have said that working from home has boosted the productivity of their employees, according to a study published today. The attitude towards remote working has grown more positive over the last year, as only 28 per cent of bosses supported the new work style in June, the Chartered Institute of [...]

  • London business confidence ticks up in first quarter of 2021

    March 31, 2021

    Business confidence in London improved during the first three months of 2021, after reaching its lowest point since the 2008 global financial crisis. A new survey by Savanta ComRes/the London Chamber of Commerce and Industry has revealed that 29 per cent of business leaders in the first quarter of 2021 said London’s economic prospects will [...]

  • City Moves: Who is switching jobs in the Square Mile this week?

    March 31, 2021

    Snakes and Ladders provides a roundup of the most important hires and job moves across the City, every Wednesday afternoon. Email citymoves@cityam.com to be featured. Covatic appoints ex-BBC strategy head London-based start-up tech company Covatic has hired an ex-BBC veteran as its chief product officer. Daniel Pike joins the company, which aims to improve in-app consumer engagement, at [...]

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