May 2023 local elections: All you need to know April 4, 2023 In just over a month, voters in some parts of the UK will be heading to the ballot box for the local elections. Polling stations will open for residents to select local councillors – in what’s often seen as a key test for the government’s popularity, particularly after the turbulence of recent months. It’s also [...]
Could fixing workplace stress save the UK £28bn a year? Axa warns burnout is burning a hole the economy March 29, 2023 People taking sick days because of work-related stress or burnout is costing the UK economy £28 billion a year, according to new research which highlights the financial toll of poor mental wellbeing. More people said they were struggling in the UK than in any other nation, the survey of 30,000 adults across 16 European, Asian [...]
SNP leadership race: Humza Yousaf wins battle to succeed Nicola Sturgeon March 27, 2023 Humza Yousaf has been selected as leader of the Scottish National Party (SNP) after an acrimonious race to succeed Nicola Sturgeon as first minister. Yousaf, the SNP’s health secretary, 37, won against rival Kate Forbes, 32, in the second round of voting, after no candidate reached a majority in the first round. He secured 26,032 [...]
UK-India trade agreement ‘about deal and not dates’, minister says March 23, 2023 The UK’s talks with India are “about the deal and not the dates”, a minister has insisted as a Conservative backbencher queried government progress towards a free trade agreement. Trade minister Nigel Huddleston told the Commons “we will not tie our hands in terms of setting an arbitrary deadline”. He spoke in response to Conservative [...]
McKinsey to cut up to 2,000 staff in one of its biggest round of layoffs ever February 22, 2023 McKinsey is planning to cut up to 2,000 back-office staff as it seeks to control costs and retain its partner payouts. The plans could affect up to 2,000 of McKinsey’s 45,000 staff, in one of the consulting firm’s largest rounds of job cuts ever. McKinsey’s plans, first reported by Bloomberg, are set to see [...]
How to be successful starting out as a remote worker February 2, 2023 | Sponsored Remember your first day at work? Keen to meet new people, eager to learn. In previous decades, working life was more predictable, and newcomers would learn their profession or trade on-the-job, alongside more experienced colleagues. By contrast, work today can be a lonely affair. Navigating your own career is more hazardous – jobs are more fragmented, [...]
Credit Suisse preparing to cut 10 per cent of European investment bankers – report January 15, 2023 Credit Suisse is preparing to lay off more than 10 per cent of its European investment bankers after issuing redundancies to hundreds of staff last month. The Swiss bank is planning to make widespread layoffs, as it pushes forwards with plans to sack thousands of workers, the Financial Times reported. Credit Suisse declined to comment [...]
City law firms may be forced to make layoffs as UK downturn hits, recruiters say January 11, 2023 The City’s top law firms could soon be set to follow their US counterparts in laying off staff, recruiters have said. The UK’s corporate law firms may be forced to make lawyers redundant due to the wider economic downturn and a lull in M&A activity, recruiters told City A.M. Scot Gibson, director of legal sector [...]
Amazon to close three UK warehouses impacting thousands of jobs January 10, 2023 Amazon has revealed plans to shut three UK warehouses in a move which will impact 1,200 jobs. The company has launched consultations over the closure of sites in Hemel Hempstead, Doncaster and Gourock, in the west of Scotland. All workers at the Amazon sites will be offered roles at other Amazon locations. The online technology giant has also [...]
EXCL – Sunak should lower national insurance in 2023, argues jobs chief December 28, 2022 With inflation having reached a 40-year high this year and the economy predicted to shrink in 2023, City A.M. zooms in on the volatile, hyperactive UK jobs market by checking in with Paul Farrer, the CEO and founder of London-based recruitment giant Aspire. Sitting down with this paper today, Farrer calls on the new Prime [...]