City Moves: Who’s switching jobs in the Square Mile? November 8, 2022 City A.M.’s Millie Turner provides a roundup of the most important hires and job moves across the City, every morning. Email citymoves@cityam.com to be featured. The Bank of London The Bank of London has bolstered its board with a fresh non-executive director and chair of the United Kingdom (UK) Bank Board Audit Committee. Mark Carawan, who will step into both roles following [...]
British agriculture won’t survive any more wind changes from Westminster November 8, 2022 It is still 2022, we’ve got a third new prime minister, but there’s still no end to the economic chaos or U-turns in Westminster. It’s no wonder individuals and industries are impacted. Above all, there’s one common denominator when so many governments replace each other: uncertainty. Rishi Sunak initially signalled he wouldn’t be attending the [...]
Behind bars shouldn’t mean being barred from the workforce and skills opportunities November 8, 2022 So if exposing prisoners to education and training has a demonstrable impact in helping them find a job after release, why do we not do more to encourage them?
Retail giants have an opportunity to plug the holes in a disjointed rental market November 8, 2022 For many people up and down the country, their ability to stay in their home is in peril. And this isn’t about mortgages. Rents have jumped steeply this year and many are forced to move as a result. Others will be forced out because of the collateral damage of landlords not being able to pay [...]
Scorching inflation raises fears of Christmas spending slump November 8, 2022 Scorching inflation hobbling Brits’ finances has triggered a spending squeeze that could bleed into Christmas, research out today reveals. Surveys out from Barclaycard and the British Retail Consortium (BRC) show retail sales volumes likely fell in October. While the organisations measured a jump in consumer spending of 3.5 per cent and 1.6 per cent respectively, [...]
Letters: Pick your own problems November 8, 2022 [Re: Let’s be honest, we need to fix the Channel crisis if we want positive immigration, November 3] Unlike Matthew Lesh I do not see the need for more migrants to pick produce. 17,410,742 people voted Leave, couldn’t they pick the produce. Colin Price [Re: Net zero won’t come cheap, but the impact of floods [...]
Hunt looks at business rates ‘cliff edge’ ahead of fiscal statement November 8, 2022 Jeremy Hunt will make a tough decision on planned business rates hikes next week as business groups warn of “an existential threat” coming in April. British firms are facing a near £3bn annual hike in business rates next year if inflation stays above 10 per cent, according to Altus Group. Commercial properties will have their [...]
Boost the City by signing trade deals and seizing net zero opportunities, finance sector lobby group says November 7, 2022 The UK government should overhaul regulation of the financial sector with a view to boosting the City’s green credentials and extending its global reach, one of the Square Mile’s most powerful lobby groups has said. The government should focus on the opportunities posed the global energy transition by transforming the City of London into a [...]
NHS plans to use Palantir data collection software could face legal challenges, campaigners say November 7, 2022 NHS plans to collect patient data using software developed by controversial US tech firm Palantir could be challenged in court. Campaigners have said they are considering filing a judicial review to challenge the plans, which would see NHS patient data processed using Palantir’s Foundry analytics platform. The threat of legal action comes after the UK government cancelled a [...]
Raising windfall tax would be “disastrous” for Britain, says North Sea body November 7, 2022 Expanding the windfall tax would be "disastrous", warned a leading North Sea group in a letter to Chancellor Jeremy Hunt.