Health and wellbeing could be the business opportunity of our age February 18, 2021 Generations become defined by their obsessions, but it is often only after the event that the nature of those obsessions become clear and their consequences easier to understand. The historical bread crumb trail revealing what should have seemed obvious at the time and with them opportunities lost. But sometimes we live through periods of such [...]
UK Treasury mulls scrapping EU cap on bonuses for City bankers February 18, 2021 The UK Treasury is reportedly considering scrapping an EU cap on bankers’ bonuses in a bid to keep the City competitive post-Brexit. The UK is now free to set its own regulatory agenda on financial services, with divergence from EU rules expected. The Financial Times reports that one potential change could be removing an EU [...]
UK businesses eye fintech sector to help drive profitability February 18, 2021 A growing number of UK businesses are looking to the burgeoning fintech sector to help boost profits post-Brexit. Britain’s payments startups have seen renewed interest during the pandemic as consumers and businesses pivot online. A third of senior managers surveyed by cybersecurity firm ESET are prioritising improved efficiency and may opt to implement fintech solutions [...]
Airbus predicts flat deliveries in 2021 as aerospace giant records €1.1bn loss February 18, 2021 Aerospace giant Airbus forecast that it would deliver the same amount of planes in 2021 as last year as it fell to a €1.1bn loss. As a result of the pandemic, the French firm handed over just 566 aircraft to customers – 40 per cent lower than its peak. With the pandemic forcing airlines around [...]
Keir Starmer proposes UK ‘recovery bond’ and loans for 100,000 new businesses February 18, 2021 Sir Keir Starmer has proposed giving start-up loans to 100,000 new UK businesses and creating a new “British recovery bond” in a bid for Labour to forge a “new partnership with business”. Starmer’s set piece speech outlined his party’s new economic policy direction under his leadership, saying that “for too long Labour has failed to [...]
REC: Recruitment is £7.7bn key to economic bounce back February 18, 2021 Recruitment is the key to economic recovery, the Recruitment & Employment Confederation (REC) has said today, as recruitment firms boost productivity by £7.7b each year. However, far more can be achieved as new research found that only half of people think that companies are doing a ‘good job’ at recruiting efficiently. A below standard hire [...]
Central London rental demand suffers sharp drop as fewer workers move to capital February 18, 2021 Demand for London rental properties has plummeted across all areas of the capital, with central neighbourhoods suffering the sharpest drop as fewer people are moving to the city for work. The capital is the only major UK town or city facing a decline in demand, reflecting the shift to working from home that has seen [...]
Airline bosses beg Boris for way out of travel restrictions February 18, 2021 The chief executives of the UK’s largest airlines have come together to call on Boris Johnson to include plans for the restart of international travel in next week’s roadmap for the easing of lockdown. Putting aside their normal rivalry, the bosses of BA, Easyjet, Virgin Atlantic, Ryanair and Tui have today written to the PM [...]
One in four consumer-facing businesses may ditch staff if furlough ends in April February 18, 2021 A quarter of British businesses expect to fire staff if furlough is not extended beyond April, the British Chambers of Commerce said on Thursday. Results from the latest BCC survey on the impact of coronavirus shows how lockdowns have pushed businesses to the brink. Three in every five firms have seen revenue fall in the [...]
PwC: Northern Ireland is the best place to live post-pandemic February 18, 2021 Professional services firm PwC has found that Northern Ireland is the best place to live, compared with the rest of the UK, as people continue to trade cities for the countryside after a year spent at home. Surveying over 4000 people across the country, the firm found that more people in Northern Ireland, than in [...]
