Great fire of Londoners: Capital feels more ‘burnt out’ than any other UK region March 15, 2021 In the era of ‘grind culture’, Londoners feel more ‘burnt out’ and stressed due to work pressures than people in any other region in the UK, according to research published this morning. The study by Delamere Health Cheshire said that the average person will spend one-third of their life at work, with Londoners giving the [...]
London minister Paul Scully on his rise to government March 15, 2021 Paul Scully seems a natural fit for London minister. While the Sutton and Cheam MP didn’t grow up in the capital, Scully was born in Warwickshire and went to school in Bedforshire, he certainly sounds like a nailed-on Londoner. His south London twang is noticeable and so is his relaxed, chatty demeanour – the antithesis [...]
WPP commits to London headquarters despite plans to slash office space March 11, 2021 Advertising giant WPP today committed to its London headquarters despite wider plans to slash office space amid a shift to home working. The media group, which owns ad agencies such as Ogilvy, Grey and Group M, has said it will look to reduce its office footprint by a fifth in the coming years. Chief executive [...]
UK says China ‘hollows out democratic debate in Hong Kong’ in latest spat March 11, 2021 Foreign secretary Dominic Raab has condemned Beijing parliament’s decision today to impose measures that will assess Hong Kong politician’s loyalty to Beijing. “This is the latest step by Beijing to hollow out the space for democratic debate in Hong Kong, contrary to the promises made by China itself,” Raab said in a statement. “This can [...]
City Moves: Who is switching jobs in the Square Mile this week? March 10, 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. New strategy director joins Wates Construction Wates Construction Group has appointed a new strategy and integration director for its recently formed group of businesses Wates Integrated Construction Services (WICS). Joining the London office, [...]
Who leaves you hanging? In London, it’s banks March 10, 2021 Banks are the worst at answering customer service calls in the capital, with 33 per cent of Londoners saying it is financial institutions that led them wait the longest, if they are able to get through at all. A new Moneypenny survey, revealing the organisations that are worst at answering the phone, singled out utility [...]
Serving Met Police officer arrested over disappearance of London woman March 10, 2021 A serving Metropolitan Police officer has been arrested over the disappearance of Sarah Everard, a 33-year-old woman who was last seen a week ago. Everard was last seen at 9:30pm on Wednesday 3 March, when she walked home from a friend’s house in Clapham, South London. In a statement, Assistant Commissioner Nick Ephgrave called the [...]
Legal & General confident in long-term goals despite 2020 profit dip March 10, 2021 Legal & General today reported a drop in full year profits but the firm said it remained on course to meet its five-year ambitions. The London-based asset manager said operating profit fell three per cent to £2.2bn, while pre-tax profit was down 12 per cent to £1.6bn. The company said the drop reflected the impact [...]
Money mule criminals increasingly target cash-strapped youth during Covid lockdown, report finds March 10, 2021 Money mule criminals use fake online job adverts to target cash strapped youngsters
HSBC launches £15bn lending fund for British SMEs March 10, 2021 HSBC has today launched a new £15bn fund to help UK SMEs through the economic recovery. The fund, which includes over £10bn of regionally focussed allocations, seeks to move away from the “traditional” London focus and drive growth in regions across the country. “The past 12 months have highlighted the challenges many small businesses face. [...]