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      UK labour market weakens as hiring and pay growth cools

      New job postings were also considerably lower on the year, with an 11 per cent decline across the country highlighting bosses’ fears of extra taxes and red tape hitting businesses.

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By: City A.M. Editorial

City A.M. believes in London, its people, and its businesses.

All 293 Articles
  • The Met need to spend less time on Twitter – and more time policing

    October 23, 2023

    For reasons that remain unclear, the Metropolitan Police feels it necessary to be present – and indeed active – on Twitter. It’s possible they’ve chosen to do so as a sort of safety valve for Londoners; somebody to vent at when the police choose not to investigate your bike being nicked or your house being [...]

  • Record rent rises are an existential challenge for London’s future

    October 19, 2023

    It shouldn’t come as a surprise to anyone who lives in London, but yesterday the capital clocked a record increase in private rental prices, with the cost of leasing a flat in the capital ticking up by 6.2 per cent in the year to September, up from 5.9 per cent in August. It is the [...]

  • Don’t stop the music, let Goldman Sachs chief DJ if he wants

    October 18, 2023

    Goldman Sachs chief executive David Solomon will step down. No, not from his career at the top of the investment bank, but from what has been labelled his colourful side hustle – DJing. DJ-D Sol as he’s known on the circuit will only play privately for family and maybe friends after some of the stiff [...]

  • If we want change, we need to prioritise action over sensitivity

    October 12, 2023

    Tonight a contingent of our staff will make the journey from City A.M. Towers to Canary Wharf, for KPMG’s Black Entrepreneurs Awards. It will be a heart-warming evening: 12 finalists, from startups to much bigger businesses, pitching their ideas in just three minutes to an array of judges. The winners walk home with some cash, [...]

  • Anti-Semitism in London is rife – it’s time the Met stood up to it

    October 11, 2023

    In the days before the 2019 election, this paper published an editorial which asked – begged – its readers not to vote for Jeremy Corbyn. Not because of his economic policies (illiterate though they were), his instincts towards business (envious as they seemed) nor for any politically partisan reason: but because a Corbyn victory would [...]

  • Incentivising whistleblowing is a no brainer

    October 10, 2023

    Labour yesterday pledged to give financial rewards to whistleblowers who expose stolen assets, sanctions breaches and recover misappropriated funds.  “Under the Tories, Britain became the money-laundering capital of the world. With Labour, Britain will be the anti-corruption capital of the world,” David Lammy said announcing the policy pledge.  While the policy remains somewhat undeveloped at [...]

  • Scrapping HS2 was a smart move – now bring on more bold action

    October 5, 2023

    Structural reforms are one thing: cultural shifts are altogether more difficult. Many a football manager has learnt this over the years, where a formation change and a sprinkling of new talent in an under-performing club fails to make a difference because something in the club isn’t right. Creating winning cultures is hard. City bigwigs are [...]

  • Long-termism makes for good policy, if not a catchy slogan

    October 4, 2023

    As election pitches go, the one that Rishi Sunak is going to try out today is a tad unusual. “You’re all fed up of us, so give us another shot” is not obvious campaigning gold. Yet there may be a nugget in there nonetheless. Sunak’s contention in his speech will be that the country is [...]

  • Let’s ditch grand, expensive projects like HS2 and opt for urgent smaller ones

    October 3, 2023

    Even Yes, Minister would have struggled to come up with this one. A major infrastructure project, to Manchester, set to be cancelled, in Manchester, during the government’s party conference. Yet Rishi Sunak could still grasp victory from the jaws of defeat if, as expected, he ditches HS2.Let’s be clear: this is a right sorry mess. [...]

  • Let’s ditch the doom and gloom and shout about the reasons to be optimistic

    October 2, 2023

    It can be easy to be overly pessimistic sometimes and slip into doomsday narratives.  Extreme climate activists are one such group that have been accused of being overly apocalyptic and failing to ignore the huge areas of progress.  Renewable power capacity is growing at a record pace. Solar energy investments are expected to overtake oil for [...]

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