Brits’ disposable incomes fell once more at the start of the year June 30, 2022 Brits’ disposable income tumbled further in the first quarter of the year, according to official statistics. According to the Office for National Statistics, Real Household Disposable Income (RHDI) dropped by 0.2 per cent in the quarter of January to March. While nominal household gross disposable income grew, it was offset by quarterly household inflation. This [...]
M&C Saatchi confirms profits in line with £31m expectations as it continues to snub away takeover bids June 30, 2022 M&C Saatchi have confirmed a strong trading momentum, with headline profit before tax in line with management’s expectations of £31m for the full year.
Chief execs at centre court, please ditch the sports analogies for business June 30, 2022 In many ways, leadership in business is like tennis, football and cricket – it’s about timing, precision and creating the right circumstances that allow you to maintain control of the ball. Anyone in business will have noticed that chief executives, managers and bosses from different sectors often use sports as analogies to help them inspire, [...]
Sadiq Khan: London needs to cut its dirty energy addiction and divest from fossil fuel industries June 30, 2022 THE PANDEMIC was devastating for our capital city, country and economy. But the upheaval, loss of life and cost to business that would result from a full-blown climate crisis defies comprehension. It is both unimaginable and unquantifiable. As we host London Climate Action Week, my message is that all of us – cities, businesses and [...]
Adding agency workers into the strikes row will nurture a prolonged political headache June 30, 2022 Last week, Grant Shapps, the Transport Secretary, defended plans to allow businesses to use agency staff to plug gaps caused by striking workers. For the unions, this is tantamount to cutting them off at the knees. Britain’s workforce has changed fundamentally since the law in question was introduced, in 2003. Agency workers are now part [...]
UK financial services roars back after pandemic slowdown June 30, 2022 The UK’s financial and professional services sector roared back to growth last year after a pandemic induced contraction in 2020, a new report has revealed.
City of London elections: Biggs wants to bring the City back to life June 30, 2022 As the City of London prepares for elections, one candidate wants to reinvigorate the Square Mile. Nigel Biggs is one of five hopefuls in the Walbrook Ward for the forthcoming 7 July vote in the City of London, a municipality which has been functioning since at least 1032. With people spending more time working from [...]
Editorial: Writing off facial recognition could write off our future growth June 30, 2022 In the West Midlands, police developed an algorithm to identify suspected perpetrators of modern slavery in minutes, a process which normally takes weeks or even months, according to Tom McNeil, the Assisstant Police and Crime Commissioner for the West Midlands. Technology transformed their efficiency and ability to curb serious crimes which cost the UK as [...]
Letters: Time for special measures June 30, 2022 [Re: Watchdog puts Met Police under special measures, June 29] This is a regrettable but necessary measure. HM Inspectorate of Constabulary is to be commended. This is about weak leadership over a sustained timescale , a failure to manage out poor or criminal behaviour by a small minority of police. Most Met officers do an [...]
BNPL firm Zilch bags $50m as boss predicts looming crisis for ‘checkout button’ rivals June 30, 2022 The boss of buy-now pay-later firm Zilch criticised the business model of ‘checkout button’ rivals today and said they would be rocked by an economic slowdown this year, as the London fintech revealed a $50m funding injection to fuel its expansion.