Pret a Manger back in black after pandemic massacre as sandwich giant eyes overseas expansion July 4, 2022 Sandwich and coffee chain Pret a Manger has said it returned to profitability in March after suffering another year of hefty losses in 2021 amid lockdowns and Covid restrictions. The group revealed it remained in the red with operating losses of £225.9m last year, in new filings on Companies House. This was an improvement on [...]
Boris Johnson under pressure to explain why he gave Chris Pincher whips job despite well-known allegations July 4, 2022 Prime Minister Boris Johnson is under pressure to explain and set out what he knew about allegations of inappropriate behaviour centring on Chris Pincher before appointing him to the Tory whips’ office. The Prime Minister is alleged to have referred to the MP as “Pincher by name, pincher by nature” before making him deputy chief [...]
Sainsbury’s and M&S walk into shareholder storm over minimum living wage versus bumper bonuses July 4, 2022 As activists mobilise in the first shareholder resolution of its kind, supermarket giant Sainsbury’s will be put under pressure this week to pay all staff and contracted workers the national living wage. Responsible investment campaign group ShareAction is driving the experimental motion at the supermarket giant’s annual general meeting on Thursday 7 July. Legal & [...]
Labour rushes to deny Starmer plans to ‘unpick’ Brexit or take UK back into single market July 4, 2022 The Labour is rushing to deny allegations it plans to undo parts of Brexit, with Baroness Jenny Chapman, a shadow minister of state at Cabinet Office, has denied that Labour has plans to “unpick” Britain’s departure from the European Union. Labour leader Sir Keir Starmer will later vow not to take the UK back into [...]
Hospitality crisis: Fewer pubs in England and Wales than ever before with less than 40,000 for first time on record July 4, 2022 Fresh analysis that sheds light on the ruinous impact of the pandemic and soaring business costs shows this a.m. that there are fewer pubs in England and Wales than ever before. The total number of pubs dropped below 40,000 during the first half of 2022, a fall of more than 7,000 since a decade ago. [...]
Eurostar ramps up daily train services between London and Amsterdam as demand skyrockets July 4, 2022 Eurostar said this afternoon that it plans to run more direct trains between London and the Netherlands to meet growing demand. A fourth daily weekday service will operate in both directions between London St Pancras International and Amsterdam via Brussels and Rotterdam from September 5. The extra service from London will depart at 6.16am, with [...]
Recruitment guru Paul Farrer warns employers half of all Brits are currently looking for a new job July 4, 2022 Sixty per cent of all workers are currently looking for a new job, with as many as just under half of them searching for a new role due to the cost of living crisis. That is the warning from Paul Farrer, the founder and chairman of recruitment giant Aspire. According to research carried out by [...]
Maternity coaching is a win-win for both employer and employee, argues City pundit July 3, 2022 Despite decades of reform, and an even longer period of campaigning, the City and Britain’s wider business community are increasingly recognising that gender inequalities persist in the workplace. While the inequalities might not be as obvious as they were in the past, when blatant discrimination was both legal and, to a degree, expected, things like [...]
Internet jobs for less than £4 per hour: How ‘microwork’ is exploiting thousands of Brits July 2, 2022 An emerging form of internet working, dubbed ‘microwork’, is exploiting thousands of UK workers who in many cases are earning less than £4 an hour. ‘Microwork’ is a form of work on digital platforms in which short tasks are assigned to workers who are paid piece wages for completing them. This can consist of coding data to [...]
If money was no object: The City is by far Londoners’ most desirable borough July 2, 2022 One in five Londoners would want to live in the City, with the figure rising to 28% among those aged 18-34, according to new research shared exclusively with City A.M. today. The Square Mile is closely followed by Kensington and Chelsea, with 18 per cent of Londoners choosing the leafy and exclusive borough as their [...]