British Steel preparing to cut up to 2,000 jobs October 22, 2023 British Steel is preparing to cut as many as 2,000 jobs as the firm struggles under a £30m a month running loss, according to reports first published in The Times. The Chinese-owned company is undergoing plans to overhaul operations as it is reportedly running between a £20m and £30m monthly loss. It is also aiming [...]
‘No political reward from pausing net zero’ as Tories shown to back green policies September 29, 2023 New polling has shown Conservative voters still support net zero, don’t blame the policy for the cost of living and want the government to help them go green – which may give the Prime Minister pause for thought after his net zero U-turn. A survey by right-leaning think tank Onward found 49 per cent of [...]
UK SMEs lack confidence in political parties – but there’s one they favour more September 28, 2023 SMEs’ confidence in all political parties is suffering according to a new poll - although of those who do see their needs reflected in a party, more would point to Labour.
City Pages: 5 books on the changing world of work September 18, 2023 We review five new-in titles that re-examine our relationship to our jobs in the brave new post-pandemic world of work.
The 5 best independent book shops in London September 18, 2023 City A.M. took to the streets for a book crawl to pinpoint the five best book shops in London – judging on vibes, atmosphere, curation and bonus extras.
Independent bookshops are thriving – as long as they offer more than just books September 18, 2023 Morocco Bound is a lesson in adaptability. Even its owner “[doesn’t] know what to call it these days”. Music venue, community space, workshop facility hosting poetry slams, comedy nights, life drawing sessions and more, it was – originally – a book shop. “I’m an architect,” Jonathan Dransfield, the owner, tells me. An architect who wrote [...]
It’s not me, it’s you: Jassy warns Amazon staff it might not work out if they’re working from home too much August 29, 2023 Amazon chief executive Andy Jassy told workers “it’s probably not going to work out for [them]” if they don’t accept the company’s three-days-in-the-office mandate. “It’s past the time to disagree and commit,” Jassy reportedly said in a meeting last week, referred to internally as a ‘fishbowl’. “And if you can’t disagree and commit, I also [...]
Two thirds of home buyers in London getting help from Bank of Mum and Dad August 28, 2023 Over two-thirds (67 per cent) of all homeowners in London receive parental support to purchase their homes, a report released by Legal and General (L&G) has shown. ‘Bank of Family’ recipients in London received £30,200 on average to support their transaction, only beaten by those in the East of England who received an average of [...]
KP Snacks workers take action: ‘If you pay peanuts, expect strikes!’ August 24, 2023 Workers at KP Snacks have voted to walk out for a week in September after they vehemently rejected a “below-inflation” eight per cent pay rise. The factory in Rotherham is the only producer of KP Nuts, so snack-lovers countrywide could find themselves without their usual protein-packed nibbles. Some 83 per cent of workers voted to [...]
Wilko job cuts ‘likely’ – but 11th hour talks with Poundland owner continue August 23, 2023 Administrators for Wilko today warned that job losses were “likely” as potential buyers were no longer interested in acquiring the whole group. Wilko first called in the administrators three weeks ago after several months looking for investment failed to bring forth any fruit. Sky News reported today that Poundland owner Pepco Group is in advanced [...]