Half of all UK workers may quit job this year in bid for better work-life balance or different boss January 21, 2022 New research published this morning shows that half of workers are considering quitting their job this year, mainly to have a better work-life balance. Londoners are said to be the most dissatisfied at work, with 63 per cent of those polled from the capital looking to quit. Meanwhile, workers in Scotland were found to be [...]
UK home to around 80 ‘Isa’ millionaires who sit on an average pot of £2m-plus January 21, 2022 New HM Revenue and Customs figures show that the UK has around 2,000 “Isa millionaires”, sitting on pots worth an average £1,412,000. And about 80 pots were valued at £2m-plus. Within the total, around 60 investors hold pots amounting to more than £3 million, according to the data obtained by InvestingReviews.co.uk. InvestingReviews.co.uk released the figures [...]
Getting on the property ladder: Here are the most affordable places in Britain for first-time home buyers January 21, 2022 In London, Bromley is the most affordable borough for first-time buyers, while Kensington is unaffordable for those trying to get onto the property ladder. Nationwide, Scotland remains the cheapest place to snap up a property. First-time buyers face spending at least six times their annual wages to get on the property ladder in nearly half [...]
Studying Boris Johnson’s £335bn idea of a bridge between Scotland and Northern Ireland cost taxpayer £900,000 January 21, 2022 A study commissioned by Prime Minister Boris Johnson into which found it would be too expensive to build a bridge or tunnel between Scotland and Northern Ireland cost taxpayers nearly £900,000. The Department for Transport (DfT) said the research into the feasibility of a fixed link cost £896,681. Network Rail chairman Sir Peter Hendy led [...]
High Street takes a Christmas beating as retail sales volumes dropped by nearly 4 per cent in December January 21, 2022 UK retail sales fell in December by 3.7% as the Omicron variant spread and shoppers made Christmas purchases earlier in November due to concerns over supply chain shortages, according to official figures. The Office for National Statistics (ONS) said retail sales volumes fell by 3.7% for the month, compared with a 1% rise in November. [...]
Amazon Alexa down across the UK, thousands of Brits unable to access smart speaker and other devices January 21, 2022 Amazon’s Alexa virtual assistant is down in the UK, leaving users unable to access smart speakers and other devices. According to service status website DownDector, UK users began reporting problems with Alexa at around 7am on Friday, with more than 8,000 reports since recorded. Many users are reporting being unable to wake their voice-activated Amazon [...]
Conservative Party infighting heats up as rebel Tory MPs mull publishing secret recording and ‘blackmail’ text messages January 21, 2022 Rebel Tory MPs are reportedly considering publishing a secret recording and text messages linked to allegations of “blackmail” from the Prime Minister’s supporters as infighting within the Conservative Party is intensifying. Boris Johnson insisted on Thursday he had “seen no evidence” to support the claim made by senior Conservative William Wragg that his critics were [...]
Four day work week trial shows 100:80:100 model is taking off in UK but same job in less time may power stress and anxiety January 21, 2022 Three lockdowns have made a large number of employees re-evaluate the notoriously tricky work-life balance. The four-day working week is seen as the perfect solution, designed to offer employees flexible hours and increase productivity during working hours. To some large businesses the concept has proven more viable , so could the five-day working week the next traditional policy [...]
Exclusive: Most investors could not care less about ESG and sustainability January 20, 2022 With COP26 a few months behind us, more than half of UK investors admit sustainable investing is not a priority for them, with just under 45 per cent saying it is important and it is a priority in their investment portfolio. In fact, less than a third of British investors say COP26 and the UK [...]
Exclusive: ‘Keep a cool head in hairy markets but avoid being an ostrich’, says City grandee and fund chief Andrew Bell January 20, 2022 Witan Investment Trust is a well-know name in the City’s investment space. It can trace its history back to 1909 when it was set up to manage the investment affairs of Sir Alexander Henderson, who later became the first Lord Faringdon. Today it holds over £2.2bn on behalf of more than 28,000 shareholders, using a [...]
