Watch as British Army drivers hit the road to tackle the fuel crisis October 4, 2021 Army drivers have been deployed to drive tankers in the UK to help get deliveries to filling stations starved of fuel amid nationwide panic buying. Watch the full report.
Coronavirus victory? New Zealand gives up its Covid elimination strategy October 4, 2021 New Zealand was one of only a handful of countries to successfully eliminate its coronavirus cases last year. Now its government says that strategy is no longer possible. Watch the full report.
Pop-up City campsite: High-flying caravan spotted in the skies of St Paul’s October 4, 2021 A high-flying caravan has been spotted in the skies of London by St Paul’s Cathedral. The caravan was being carefully craned onto the roof terrace at One New Change to create a temporary pop-up campsite in the City. It was a PR stunt to highlight the boom in staycations and caravan sales during the Covid [...]
Meet Londoner Simon Kenyon, Lloyds’ new ambassador for the capital October 4, 2021 Lloyds Banking Group has appointed Simon Kenyon as its new group ambassador for London, a role designed to help support businesses and communities across the capital, according to the bank. Kenyon, who has lived in London for 25 years, takes over from Ed Thurman as the city looks to emerge from the disruption caused by [...]
Public opinion and hungry investors push more farmers to convert land as number of solar farms swells to 2,500 October 4, 2021 The number of solar farms in the UK increased 12 per cent last year, from 2,250 in 2019/20 to 2,510 last year, according to new data shared with City A.M. today. This growth is coming from farmers who are increasingly using their land to erect solar farms. Converting this land to be used as solar [...]
Schroders and Segro strike £345m industrial swap deal for seven warehouses October 4, 2021 Schroders’ UK Real Estate Fund said this morning it has completed a significant swap deal with Segro which involves seven industrial assets based across the UK. The recently completed transaction consisted of the sale of Matrix Park, in Park Royal London and a £65m capital payment in exchange for the simultaneous purchase of a portfolio [...]
‘Please let me pass’: Desperate Londoner begs Insulate Britain activists to let her through to see mother in hospital October 4, 2021 A woman desperate to see her mother in hospital clashed with Insulate Britain protesters this morning as the group staged another demonstration in London. The group said around 50 people had blocked four sites around the capital on Monday morning during the fourth week of its campaign to urge the Government to insulate 29 million [...]
Tsunami of turnover: Half of UK employers brace themselves for widespread employee ‘burnout’ October 4, 2021 The dramatic changes that the pandemic has brought about is prompting nearly one in two UK employers to prepare themselves for widespread employee ‘burnout’ next year. Nine out of 10 of 300 chief executives and other senior managers surveyed said they were wary about their company’s ability to retain valued staff. Recruiter Robert Half said [...]
UK hospitality crisis: 75 per cent of pubs and restaurants are hiking pay to attract new staff October 4, 2021 As a worker shortage continues to hamper the sector’s recovery, three quarters of pub and restaurant bosses say they are increasing pay to attract staff. One in six jobs currently lies vacant, and 96 per cent of business leaders were seeing staffing shortages for some roles, according to a survey of 200 senior executives from [...]
UK businesses’ research and development investments climb to record £47bn October 4, 2021 The amount spent by UK businesses on research and development has jumped 15 per cent to £47bn last year, a record high and up from £41bn the year before, according to new data shared with City A.M. this morning. says UHY Hacker Young, the national accountancy group. The figures show that UK businesses also claimed [...]