City watchdogs expected to curb restrictions on bonus buy-outs June 22, 2015 Regulators will bow to City warnings that new pay rules threaten to undermine the UK’s competitiveness when they unveil proposals to change the way bonuses are treated when bankers quit their jobs to join a rival firm. The Prudential Regulation Authority (PRA) and Financial Conduct Authority (FCA) are expected to announce today that they have [...]
How to retain female talent in the workplace: Offering agile working and tailored support is crucial June 22, 2015 Lord Davies’s report, published in March this year, showed that representation of women on FTSE 100 boards has almost doubled in the past four years to 23.5 per cent. The government’s target for 25 per cent of board positions to be held by women by the end of this year is in sight, and there [...]
£9,000 university tuition fees push students toward careers June 21, 2015 A new study out today finds that the first graduates to pay £9,000 per year in university tuition fees are more career-oriented, organised and ambitious than their predecessors. The study, conducted by independent researchers High Fliers Research, was based on face-to-face interviews with more than 18,000 final-year students at leading universities across the country. Researchers [...]
Retailers send George Osborne their budget wish list June 21, 2015 British retailers are calling on the chancellor to eschew the living wage and introduce new measures to boost productivity in next month’s emergency budget. In a new submission to chancellor George Osborne, the British Retail Consortium (BRC) said that it wants the government to “work with the retail industry to ensure that employees are [...]
Britain’s world-leading financial services industry is more than just the City June 21, 2015 Financial services” does not equal “London”. This is my message overseas – but it is equally important to say it on these shores as well. Like all lord mayors, I speak to and for the whole of the UK’s financial and professional services community – of which London is only a part. Our work is [...]
Six CV mistakes that could end up costing you: Including personal details could leave you vulnerable to fraud June 21, 2015 In the fight to distinguish yourself from other job applicants, your CV should be your principal weapon. But with recruiters looking for any reason to bin your application, it is easy to shoot yourself in the foot. Here are some crucial errors to avoid. TOO MUCH PERSONAL INFO It may seem like a formality [...]
Strong jobs report gives George Osborne boost at PMQs June 17, 2015 Chancellor of the exchequer George Osborne took centre stage in the House of Commons yesterday, buoyed by strong new jobs numbers. Standing in for the first time in place of Prime Minister David Cameron at Prime Minister’s Questions (PMQs), Osborne welcomed the support of Tory backbenchers citing the latest labour market statistics and singing [...]
It’s jobs for the boys (and girls) as Aim turns 20 June 17, 2015 Champagne corks popped at the Artillery Garden off Moorgate last night to celebrate growth among some of Britain’s fledgling companies which have listed on the Alternative Investment Market (Aim) in the two decades since it started. The official anniversary is tomorrow, but the hundreds of brokers, bankers and city grandees could hardly wait and were [...]
South England employment rate drives boost – while Northern Ireland and the north east lag behind June 17, 2015 South east and south east England have the highest employment rates in the UK, while Northern Ireland and north east England lagged behind. Figures released by the Office of National Statistics reveal that 31m people in the UK were in employment in April 2015, forcing the unemployment rate down to 5.5 per cent nationally. Meanwhile, wage [...]
Prime Minister’s Questions: George Osborne discusses radicalisation, climate change and employment June 17, 2015 George Osborne has made his debut on centre stage at Prime Minister's Questions, as Parliament discussed radicalisation, climate change and today's employment figures. The Chancellor was standing in for the Prime Minister, who is continuing his tour of Europe to meet EU leaders, while Labour's Hilary Benn was asking questions. Benn, the shadow foreign secretary, [...]