Hiring for lawyers at highest since pre-pandemic March 25, 2021 Recruitment for lawyers is at its highest level since before the start of the Covid-19 pandemic, new labour market data for England and Wales has found. Professional legal recruitment took a big hit during the UK’s first national lockdown, resulting in hiring levels in Q2 2020 falling by 74.3 per cent quarter-on-quarter. Year-on-year vacancies across [...]
Nationwide to let all 13,000 office staff work from home permanently March 25, 2021 Nationwide will allow all 13,000 of its office staff to permanently work remotely when coronavirus restrictions are eased. The building society said office staff can work from anywhere in the UK, as it “puts them in control of how they balance their work and home lives”. The move follows a survey of Nationwide employees, [...]
Deloitte CEO: Significant audit reforms crucial for investor confidence in UK March 25, 2021 UK businesses are dealing with the economic fallout of the pandemic, the logistical issues of Brexit and huge societal challenges like climate change. It’s not surprising that some feel this is not the right time for a major overhaul of how the country’s businesses are governed and audited. Yet these complex issues are precisely why [...]
Ministers ‘missed the boat’ over BBC licence fee reform, MPs warn March 25, 2021 The government has no choice but to maintain the BBC’s licence fee funding model for the foreseeable future due to its failure to find an alternative, MPs have warned. In an in-depth report published today, the DCMS committee said that while the £157.50 annual charge has a “limited shelf life” in the modern media landscape, [...]
Ed Miliband calls for electric car ‘revolution’ across UK March 24, 2021 Shadow business minister Ed Miliband tomorrow will lay out Labour’s plans for an electric vehicle “revolution” for the UK. Under the new policies, Labour is pledging to introduce interest-free loans for those on low and middle incomes to buy electric cars, as well as a national scrappage scheme. It comes just a week after the [...]
Boris Johnson says pubs could bar people who are not vaccinated March 24, 2021 Boris Johnson has today strongly hinted that pubs and restaurants will be able to turn away people who have not have a Covid vaccine or a recent negative test, saying the “concept of vaccine certification should not be totally alien to us”. When asked by a Westminster committee about the the prospect of Covid vaccine [...]
UK Court of Appeal denies £5bn BHP lawsuit over Brazil mining dam disaster March 24, 2021 The UK Court of Appeal has denied permission for a 200,000 person Brazilian claimant group to revive a £5bn lawsuit against BHP over Brazil’s worst environmental disaster. The Anglo-Australian mining giant was responsible for the collapse of the Fundao mining dam in 2015, which led to 19 deaths and a flood of toxic mining waste [...]
Coke UK CEO: Our sugar-free variants are thriving – but the full-fat Coca-Cola is safe March 24, 2021 Earlier this month, thanks to the strange vagaries of the internet, a years-old video emerged of the now-Chancellor Rishi Sunak expressing an opinion that – at the highest levels of a Government hell-bent on public health warnings – now seems almost scandalous. “I’m a total Coke addict,” he tells two schoolchildren. “A Coca-Cola addict.” The [...]
UK sticks by open derivatives trading stance despite EU ban March 24, 2021 The UK’s financial regulator has today elected to keep its current stance on cross-border derivatives trading with the EU. Under the current Financial Conduct Authority (FCA) rules introduced after Brexit, UK banks have been able to trade derivatives on EU platforms to avoid disruption to business in the bloc. However, there is not currently a [...]
All Bar One owner Mitchells & Butlers dealt bloody nose by investors over executive pay March 24, 2021 Mitchells & Butlers, the owner of All Bar One and Toby Carvery, has been dealt a blow by shareholders against executive pay plans and corporate governance. Nearly a fifth of investors – 17.5 per cent – opposed the pub chain’s remuneration policy at today’s annual general meeting. Meanwhile, around a quarter of shareholders opposed the [...]
