Tube usage bounces back to October levels as Londoners dash for shops December 10, 2020 Tube and bus usage jumped back to pre-second lockdown levels last week as Londoners rushed back to shops, pubs, and restaurants after a month of restrictions. On 4 December, there were 1.56m journeys made on the London Underground, and 3.6m trips made by bus, data from TfL shows. That’s roughly a third higher than the [...]
Snakes and Ladders: Who is moving jobs in the City this week? December 10, 2020 Snakes and Ladders provides a roundup of the most important hires and job moves across the City
City of London launches gift card to boost spending at Square Mile businesses December 9, 2020 A new gift card for the City of London has been launched to make up for lost spending time during the pandemic.
Four in 10 Londoners to switch jobs due to declining sector opportunities December 9, 2020 More than four in 10 (42%) Londoners are leaving their current jobs and sectors for fear there are declining job opportunities in their current line of work. Londoners are seeking job opportunities that are more stable and will not be impacted by the coronavirus pandemic, with nearly half (49%) of those polled moving sector for [...]
UK signs post-Brexit trade deal with Norway and Iceland December 8, 2020 The UK just signed in London a post-Brexit rollover trade deal with Norway and Iceland. The agreement covers trade in goods, and ensures 95 per cent of goods trade with Norway and over 90 per cent with Iceland will remain tariff-free, providing businesses with certainty that they can continue to operate on the same terms [...]
UK jobs market attracts global interest after visa offer to Hong Kong December 8, 2020 Interest in the UK jobs market from non-EU workers has jumped 20 per cent, driven by a surge in job seekers from Hong Kong, according to a new survey. Interest in the London jobs market from non-EU workers has overtaken that from EU ones for the first time in seven years, according to data released [...]
Could Goldman Sachs teach the UK how to level up organically? December 8, 2020 Almost exactly one year ago, a freshly elected Conservative government made “levelling up” one of its core priorities. Facing a new parliament with a healthy majority and a dynamic Prime Minister (remember that?), the government promised to bring individual prosperity to regions of the UK which had been “left behind”: not just the big cities [...]
UK hiring outlook weakest in Europe as Covid hits London jobs market December 8, 2020 UK companies are the most pessimistic in Europe about hiring in the first quarter of next year, according to a major survey, with London’s jobs outlook hitting its lowest level on record as the hospitality industry is battered by coronavirus. However, the overall jobs outlook for the UK for the first three months of next [...]
Sadiq Khan calls for Sunak to U-turn on scrapping VAT exemption for tourists December 7, 2020 Sadiq Khan has added his voice to the chorus of figures calling for Rishi Sunak to U-turn on his decision to scrap the UK’s VAT exemption for tourists. Khan today said the move would be “hugely counter-productive” as the UK economy recovers from the Covid crisis next year and that revenue lost from the change [...]
Tory mayoral candidate calls for Night Tube and Waterloo & City line to open December 7, 2020 Tory mayoral candidate Shaun Bailey is urging Sadiq Khan to reopen the entire London Underground network, including the Night Tube and City & Waterloo line. Bailey also called for all Transport for London (TfL) staff to be given a free flu jab this winter. TfL closed the City & Waterloo line – which is a [...]