Exclusive: Half of all Brits no longer trust tech giants with their personal data November 12, 2021 Nearly half of Britons no longer trust Big Tech companies to safeguard their personal data, according to new research that was shared exclusively with City A.M. today. Only one in four Brits believe Big Tech firms have their best interests at heart, according to a survey by cloud solution provider NexGen Cloud. This comes amid reports that [...]
Chair of Essex County Cricket Club steps down after historic allegations of racism come to light November 12, 2021 John Faragher has resigned from his role as Essex chair with immediate effect following a historic allegation of racist language used by him at a board meeting in 2017. Faragher stepped down after a meeting on Thursday and while he strongly denies the incident, the club are intent on reviewing why it was not fully [...]
Durham University defends training offered to students who work in sex industry November 12, 2021 Durham University said it was acting responsibly by offering students advice on how to stay safe in sex work, after Higher and Further Education Minister Michelle Donelan said she was “deeply concerned” by the move. University bosses defended their decision to offer training sessions to help students who have become involved in sex work. Last [...]
Price of buying a home climbs three times as fast as building costs November 12, 2021 The cost of buying a Redrow home has increased nearly three times as fast as the cost of building one despite squeezes on supply chains, the company revealed today. Redrow said it was working with suppliers to make sure that it could keep building at the same pace as in the past, but that pressures [...]
Exclusive: Half of all workers demand Covid testing before they return to the office November 12, 2021 People working from home remain worried about returning to work in the office, according to new research shared exclusively with City A.M. Almost half (48 per cent) want to be tested before they return to the office, according to a survey of over 2,000 workers by Yonder on behalf of Cignpost Diagnostics. Moreover, almost 60 [...]
Transition to green economy may lead to job losses across UK November 12, 2021 Areas of the UK hardest hit by job losses from decarbonising industry will miss out on levelling-up funding and face losing more employment, new research suggests. A study of the most polluting industries warned the move to a “green” economy risks jobs, even with levelling-up funds. The Royal Society for Arts, Manufactures and Commerce (RSA) [...]
Exclusive: London fitness platform formed by ex-Barry’s trainers raises fresh equity November 12, 2021 Online fitness platform Grndhouse, co-founded by five London fitness trainers, has raised a financing round led by venture capital firm Passion Capital, the firm told City A.M. this morning. The £1.5m investment will be used to launch a 4,500 sq ft film studio and facility, along with an app in early 2022, the firm said. [...]
Universities pay vice-chancellors more than £500,000 as generous packages include bonuses and benefits November 12, 2021 Three universities in England paid their vice-chancellors £500,000 or more in salary, bonuses and benefits last year, figures show. Data from the Office for Students (OfS) shows that 1.8% of university staff received a basic salary of £100,000 or more in the academic year 2019/20 – up slightly from 1.7% in 2018/19. But the proportion [...]
BREAKING: Competition watchdog probes capacity sharing deal between P&O Ferries and DFDS November 12, 2021 A capacity sharing agreement between P&O Ferries and DFDS is being probed by the UK competition regulator. In May, the two ferry operators entered a mutual space charter agreement on the Dover-Calais route in an effort to shorten freight customers’ waiting times. The agreement was also intended to help improve the flow of traffic on [...]
Brexit: ‘Complete instability’ looms in Northern Ireland as ‘tough guy’ approach is not helping, warns Irish minister November 12, 2021 A “tough guy” approach when it comes to Northern Ireland will lead to “disaster”, Irish minister for European affairs Thomas Byrne warned this morning. Asked on BBC Radio 4’s Today programme if there is a serious danger of a full-scale trade war, Byrne said: “There is a serious danger of complete instability in Northern Ireland [...]
