City Moves: Who’s switching jobs in the Square Mile today? October 8, 2021 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. Brewin Dolphin Wealth manager Brewin Dolphin has posted a new the wealth director to its 1762 team at 8 Waterloo Place in St James’s, London. Kam Bagga joins the ‘1762’ team, which offers wealth advisory services for [...]
Rain and fuel chaos kept shoppers away from the high street October 8, 2021 Shoppers were deterred from the high street last month because of rain and chaos surrounding fuel buying. Total UK footfall dropped by 16.8 per cent in September, compared to pre-pandemic levels, BRC-Sensormatic IQ data found. Out of all regions, London saw the biggest drop of 26.3 per cent, compared to 2019. The city has suffered [...]
Pandemic recovery: London minister expects the capital to ‘be the last to bounce back’ – CityAM : CityAM October 8, 2021 London’s post-pandemic recovery is expected to take longer than the rest of the country, due to the sheer scale of the capital. Minister for London, Paul Scully has cautioned that while the city – a business and financial hub – would usually be one of the first areas to bounce back following a recession, this [...]
Sturgeon’s dismal domestic record has derailed the SNP’s train of separatism October 8, 2021 Nicola Sturgeon believes in destiny. In an interview with the Financial Times published yesterday, the First Minister claimed that another referendum on Scottish independence is inevitable because of the demographics of independence. “I’ve got democracy on my side”, she argued, “if they think it’s about playing a waiting game, I’ve probably got time on my [...]
Drink up, America. Whisky tariffs should be ditched for good in a cross-Atlantic pact October 8, 2021 Scotch whisky distillers were the belle of the ball earlier this year, when the UK and US announced they would suspend tariffs on distilled spirits imported to each respective country by the other. Then Trade Secretary Liz Truss said the announcement was “fantastic news for major employers like Scotch whisky.” The suspension is temporary. And [...]
Visas for shortage woes are a sticking plaster sowing division between industries October 8, 2021 As thousands of temporary visas to plug shortages across the UK are released in the run up to and beyond Christmas, the uncertainty from affected industries has not abated: Are there enough visas? Do they help sectors in need? And will they address region-specific challenges? In the backdrop, there are yet more shortages. The latest [...]
Letters: UK Hospitality says VATsEnough October 8, 2021 [Re: Boris Johnson expected to reveal ‘national living wage’ hike, Wednesday]Hospitality businesses are being battered by a perfect storm of labour shortages, disruption to supply and escalating food and utility costs. Margins are being squeezed as they try to rebuild. Contrary to some perceptions, wages in hospitality have increased steadily, by approximately 20 per cent [...]
Baroness Helena Morrissey on the skills professionals need to thrive in a post-pandemic world October 8, 2021 Something which you can always rely on in the City is constant change. However, the changes born out of necessity over the last year or so have left many of us feeling disconcerted, admits Baroness Helena Morrissey. “In some ways [change] is a good thing,” said Helena. “It allows us to get used to adapting, [...]
UK to start preparations for post-Brexit trade deal with Gulf countries October 7, 2021 The UK has announced it will soon begin preparations to land a post-Brexit trade deal with the six Middle Eastern countries of the Gulf Cooperation Council (GCC). International trade secretary Anne-Marie Trevelyan today launched a 14-week consultation on what businesses would like to see in a trade deal, before formal negotiations start next year. The [...]
Office commuters boost TfL’s cycle hire numbers for September October 7, 2021 Workers returning to the office after the UK Government eased restrictions helped Transport for London’s (TfL) bicycle hire scheme jump to more than a million total hires, registering the highest September in the scheme’s 11 year history. Data from TfL showed that more than 40,000 people used the service every day, with an average of [...]
