Made.com boss: Shoppers holding back on homeware purchases amid pressure on budgets April 19, 2022 The boss of online furniture retailer Made has said shoppers have “held back” with purchases lately amid dramatic increases in the cost of living. Speaking to the PA news agency, chair Susanne Given said customers were more hesitant than usual due to rising inflation and war in Ukraine. She added: “The customer has definitely held [...]
Boris Johnson: Prime Minister’s phone was reportedly target of hacking software April 19, 2022 The prime minister’s phone was reportedly the target of hacking software according to cybercrime experts who analysed his phone. Boris Johnson’s mobile was said to have been subject to the Pegasus software, created by the Israeli-based NSO group, on multiple occasions during between 2020 and 2021. According to The Times, a government sourced confirmed it [...]
Bosses who shelve flexibility should prepare for ‘a wave of departures’, says study April 19, 2022 Bosses who put flexibility on the back burner are “setting themselves up for a wave of departures”, a new study shared exclusively with City A.M. today has revealed. Non-executive staff are nearly twice as likely as their bosses to be working from the office five days a week, according to the study by Future Forum, [...]
City Moves: Who’s switching jobs in the Square Mile? April 19, 2022 City A.M.’s Millie Turner provides a roundup of the most important hires and job moves across the City, every morning. Email citymoves@cityam.com to be featured. Bovill Financial regulation consultancy Bovill has hired a new partner – an ex-UBS money laundering expert who returns after a three-year hiatus. Mark Spiers, who brings more than 20 years’ experience in the industry, was previously part [...]
Could the NHS lose its halo as waitlists push people towards private practice? April 19, 2022 Since the outbreak of the Covid-19 pandemic, NHS waiting times have increased sharply. In early 2020, there were about 4.4 million people on some kind of NHS waiting list. In early 2022, that figure had soared to 6.1 million. In early 2020, fewer than one in five patients waited for longer than 18 weeks. Now, [...]
British businesses brace for profit squeeze as inflation bites April 19, 2022 UK businesses are braced for a profit squeeze amid spiralling operating costs, fresh analysis has revealed.
A Welsh dream: we can fight international competition with more regional investment April 19, 2022 The City holds the crown as the world’s leading international financial centre. Yet, we can do more to power the UK’s regional commercial hubs. London attracts a diverse pool of financial and professional services talent from all around the globe, and provides unrivalled UK business access to world markets. Its natural impulse for collaboration is [...]
Companies relieved at unions waning power face a revived challenge in ERGs (no, not the Brexit kind) April 19, 2022 Companies are in the firing line for the way they treat their workers. The latest in the long list of companies who are experiencing the sharp end of worker anger is gaming giant Activision Blizzard whose workers are staging a virtual walkout in protest of the lifting of the vaccine mandate, which workers claim creates [...]
Non-EU migration increase paints a positive picture – but not the whole story April 19, 2022 At points over the past few years – amid apocalyptic warnings of Brexit’s impact on the capital and then Covid-19’s actual impact on our streets – there have been moments when you’d be forgiven for wondering about the future prosperity of the Square Mile and the wider London area. As life has returned to our [...]
Soter Analytics secures $12m to tackle workplace injuries with tech April 19, 2022 Soter Analytics, which seeks to prevent injuries from poor posture in the workplace, has snagged $12m (£9.2m) of new capital in its series A funding round. The firm aims to tackle work-related musculoskeletal disorders (MSD) with technology, as the issue impacts three out of every five workers, according to Europe’s work safety watchdog. The wearable technology tracks [...]
