Professional job sector boom is led by finance and engineering July 26, 2015 The finance industry is leading the way in a professional sector jobs boom, new figures show today. Professional recruitment firms now have 12 per cent more vacancies on their books than this time last year, according to survey data from the Association of Professional Staffing Companies (Apsco). The number of permanent jobs available rose the [...]
Flexi-time and compressed hours on the rise as City firms ditch 9 to 5 to compete with fintech July 26, 2015 City employers are loosening their ties and becoming less rigid over staff working hours, according to research that shows a jump in the number of workers being given more flexibility. A third of men working in the City (34 per cent) say they now have some flexibility over the hours they work, either through flexi-time [...]
These are the best British employers for work-life balance: Euromonitor International, Bank of England and MediaMath July 24, 2015 We all know that the 24/7 business cycle, a globalised working environment and technology such as smart phones pushes our workload outside of typical 9-5 hours. But if you're fed up of the blurred line between work and play, then Glassdoor has put together a list of Britain's best employers for work-life balance. A recent [...]
Tony Blair’s obsession with “going to uni” is to blame for the UK’s apprentice problem – but we can’t afford to be sniffy July 23, 2015 Let’s face it, the UK has an apprentice problem. Whether we’re dissecting Lord Sugar’s latest line-up of hopefuls or wringing hands at the thought of our kids becoming one, as a nation we look down on apprentices. How far the government’s commitment to creating three million new apprenticeships by 2020 will change things, is [...]
Cost of London office space set to soar amid supply shortages July 22, 2015 Office space is in short supply, putting upward pressure on prices, a new survey of property surveyors reveals today. In central London, 60 per cent more surveyors are seeing a rise rather than fall in demand across all areas, the research undertaken by the Royal Institution of Chartered Surveyors (Rics) said. As a [...]
Stricter visa rules to give firms headache amid skills shortage July 21, 2015 Proposed changes to rules governing who can work in the UK threaten to exacerbate the skills shortage facing employers, the head of a major recruiting body has warned. “Our data show that almost all businesses are operating at capacity and want to take on more staff to meet demand, but the reality is that chronic [...]
Boeing says world needs 558,000 commercial airline pilots over the next 20 years July 21, 2015 There's good news for anyone who secretly harbours dreams of being an airline pilot – Boeing reckons that the world will need 558,000 new pilots over the next 20 years, four per cent more than forecast a year ago. The "pilot and technician outlook" said that airliners will spend more than $5.6 trillion to buy [...]
UK house prices to outstrip wages this year due to “chronic lack of properties being put up for sale” July 20, 2015 A shortage of homes is set to ensure house prices rise faster than incomes this year, a think tank has warned today. The Centre for Economics and Business Research has revised its estimate for price growth in 2015 more than three times to 4.7 per cent, up from its initial forecast of 1.5 per cent [...]
City leads UK to top spot among financial services exporters July 20, 2015 The City has helped the UK to become the biggest net exporter of financial services in the world, a new report reveals today. The UK exported $95bn (£62bn) of financial services more than it imported in 2014, according to the report from TheCityUK, a lobby group for the City. It is 4.3 [...]
City firms splash out on red tape officers as demand for compliance skills boosts wages July 19, 2015 (Source: Emolument) City workers who help companies cope with red tape are seeing their pay rocket, as a wave of regulations boosts demand for their skills. Figures out this morning reveal that some firms are offering pay rises of 30 per cent in order to attract the staff they need “The more [...]