A Welsh dream: we can fight international competition with more regional investment April 19, 2022 The City holds the crown as the world’s leading international financial centre. Yet, we can do more to power the UK’s regional commercial hubs. London attracts a diverse pool of financial and professional services talent from all around the globe, and provides unrivalled UK business access to world markets. Its natural impulse for collaboration is [...]
Companies relieved at unions waning power face a revived challenge in ERGs (no, not the Brexit kind) April 19, 2022 Companies are in the firing line for the way they treat their workers. The latest in the long list of companies who are experiencing the sharp end of worker anger is gaming giant Activision Blizzard whose workers are staging a virtual walkout in protest of the lifting of the vaccine mandate, which workers claim creates [...]
Non-EU migration increase paints a positive picture – but not the whole story April 19, 2022 At points over the past few years – amid apocalyptic warnings of Brexit’s impact on the capital and then Covid-19’s actual impact on our streets – there have been moments when you’d be forgiven for wondering about the future prosperity of the Square Mile and the wider London area. As life has returned to our [...]
Soter Analytics secures $12m to tackle workplace injuries with tech April 19, 2022 Soter Analytics, which seeks to prevent injuries from poor posture in the workplace, has snagged $12m (£9.2m) of new capital in its series A funding round. The firm aims to tackle work-related musculoskeletal disorders (MSD) with technology, as the issue impacts three out of every five workers, according to Europe’s work safety watchdog. The wearable technology tracks [...]
Government announces half-price rail fares to help with living costs squeeze April 19, 2022 The UK Government is set to slash rail fares by 50 per cent to help struggling Brits with the cost of living squeeze. Transport secretary Grant Shapps announced more than one million train tickets will be reduced to help Britons afford trips across the UK and boost domestic tourism. The scheme is run on a [...]
Business growth derailed by cost of living crisis April 18, 2022 Businesses are ill equipped to cope with spiralling costs and soaring energy bills, fresh analysis has revealed.
BNY Mellon disappoints as first quarter revenue slides by a fifth April 18, 2022 US investment bank BNY Mellon reported net profits of $765m in the first quarter, down by 18 per cent compared to the same period last year.
Goldman Sachs says odds of a US recession 35 per cent in next two years April 18, 2022 The odds of the US facing an economic recession in the next two years have hit 35 per cent according to top Goldman Sachs analysts.
Captured British fighters paraded on Russian state plead Boris Johnson for prisoner swap with Putin ally April 18, 2022 Two British fighters captured in Ukraine have been paraded on Russian state TV, with the pair pleading with Boris Johnson to exchange them for an ally of Vladimir Putin. Shaun Pinner, 48, and Aiden Aslin, 27, were captured by Russian forces last week while defending the South-East port city of Mariupol alongside Ukrainian marines. Footage [...]
‘Liar’: Less than a quarter of Brits paint Boris Johnson in a positive light April 18, 2022 Prime minister Boris Johnson is facing the wrath of British public opinion following revelations about his role in partygate. The prime minister was fined for attending a party which breached his government’s own Covid-19 laws, and made headlines across the globe. In a survey by JLPartners, commissioned by The Times, just 16 per cent of [...]
