‘Callous in the extreme’: 100 of King Charles’ former staff at Clarence House face redundancy September 14, 2022 Up to 100 of King Charles’ staff at Clarence House are facing redundancy, in a move brand “callous in the extreme” by a key public services union. Dozens of his workers were been given notice as his office moves to Buckingham Palace, according to a letter sent to the Guardian by his top aide, Sir [...]
Legal sector wage inflation expected to slow, Gateley chief executive says September 13, 2022 The head of UK listed law firm Gateley Plc has said he expects “pay inflation” in the legal sector to slow over the coming year. Speaking to City A.M. Gateley chief executive Rod Waldie said “wage inflation has been the single biggest issue we’ve had to confront” as he noted the law firm’s payroll costs [...]
Tight labour market is main threat to UK firms, business chiefs warn August 30, 2022 A tight labour market is threatening to choke off growth in UK firms this year as bosses struggle to attract and retain staff, a new survey has revealed.
Stewarts tops UK law firm pay rankings with partner payouts of £2.7m August 23, 2022 London law firm Stewarts today said its partners will receive payouts of more than £2.7m each – more than partners at any other major UK firm. The London firm said its 21 equity partners will receive payouts of £2.74m each for the financial year ending on 30 April 2022 after the value of its profit-per-equity-partner [...]
PwC sued by employee over pub crawl brain injury August 22, 2022 A 28-year-old auditor, who suffered a serious brain injury on a work night out, is suing PwC over claims the firm bears responsibility for the behaviour of a manager who encouraged excessive drinking. Michael Brockie, 28, suffered a “moderate-severe brain injury” during a “pub golf” night organised by his superior, that left him with “persistent [...]
Deloitte to hire 6,000 new UK staff over next five years August 22, 2022 Deloitte today set out plans to hire more than 6,000 new UK employees over the next five years in a bid to boost the quality of its audit work. The plans will see the accounting firm recruit at least 1,200 audit and assurance professionals each year from 2022- 2027, including around 5,000 new auditors. The [...]
UK government to launch overseas hiring spree to fill Brexit care sector labour shortages August 19, 2022 The UK government is seeking to hire thousands of overseas workers to fill 160,000 vacancies in the UK’s care sector. The Department for Health and Social Care (DHSC) is exploring ways to make it easier for workers form countries including India and the Philippines to work in the UK’s social care sector, The Times reported. [...]
City Exclusive – Criminal barristers lured to law firms as strikes set to escalate August 19, 2022 City law firms are making concerted efforts to capitalise on the collapse of the criminal justice system by hiring disgruntled barristers into their firms, recruiters and law firms exclusively told City A.M. Legal sector recruiters said they’ve seen a sharp uptick in law firms approaching them seeking to bolster their teams by hiring criminal [...]
Charity boss CV fraudster must pay back 15 per cent of salary, Supreme Court says August 18, 2022 A charity chief executive should be forced to repay almost £100,000 of his more than £640,000 annual salary following the discovery he lied on his CV to get the job, the Supreme Court has said. The verdict saw the Supreme Court take a “middle way” approach in ruling that former St Margaret’s Hospice chief executive [...]
PwC partners take more than £1m each as consulting arm bolsters firm’s revenues August 18, 2022 PwC today posted “exceptional” results for the past financial year after surging demand for advice, in the face of “challenges and opportunities on multiple fronts,” bolstered the accountancy firm’s revenues The uptick in revenues for the year ended on 30 June 2022 will see partners at the accounting firm receive payouts of £920,000 – up [...]