Congestion charge returns to pre-pandemic hours from today February 21, 2022 Starting today, the congestion charge applied to those driving into central London will no longer be active on weekdays from 6pm. The price cap, instead of going back to £11.50, will remain at the current rate of £15. The decision was made by London mayor Sadiq Khan in mid-December to strike a balance between helping [...]
Exclusive: UK’s leading fintech bosses call on government to ramp up efforts to overhaul regulation February 21, 2022 A group of the UK’s leading fintech bosses have called on the Government to ramp up efforts to overhaul regulation and build a world-leading environment for the sector, in a letter seen exclusively by City A.M. Bosses at over 70 of the biggest fintech firms in the UK, including digital banks Monzo and Starling, payments [...]
BT and EE set to hire 1000 new call centre staff by April February 21, 2022 BT and EE have launched a new recruitment drive to hire 1,000 UK based contact centre staff by April 2022. The roles will be across 24 sites nationwide including contact centres in Warrington, Doncaster and Sheffield and with the aim to fill all the roles by April. The new roles are part of a multi-million [...]
Dechert and Fried Frank up new lawyers pay as salary battle rages on February 21, 2022 Dechert and Fried Frank have both upped the salaries they pay out to newly qualified lawyers, as the pay battle continues. Dechert confirmed to City A.M. that it has increased pay for newly qualified associates in its London office from £125,000 to £140,000. The Philadelphia firm’s 12 per cent pay rise for newly qualified associates [...]
Scrapping of Plan B curbs turbocharges UK services economy February 21, 2022 The British economy appears to be weathering the cost of living storm as the drag on businesses and households from pandemic curbs peters out. The scrapping of Plan B restrictions prompted Brits to pour back to high streets, pubs, bars and restaurants, lifting output in the services economy to an eight month high of 60.8 [...]
BBC One’s Morning Live makes Manchester move February 21, 2022 BBC One's Morning Live has relocated to Manchester as part of a drive to spread opportunities beyond the capital.
Satellite Vu teams up with SpaceX to launch thermal imaging satellite February 21, 2022 Satellite Vu has signed a launch deal with Elon Musk’s SpaceX to launch the world’s highest resolution thermal imaging satellite in early 2023.
TfL long-term funding talks with government postponed until Friday February 21, 2022 Government talks over a long-term funding deal for Transport for London (TfL) have been postponed until this Friday, both transport secretary Grant Shapps and TfL have confirmed. “We have agreed with the government that our existing funding agreement will be extended until 25 February so that these discussions can be concluded,” said a TfL spokesperson. [...]
‘Levelling up’ under fire for failing to help jobseekers February 21, 2022 Michael Gove’s levelling up strategy has come under fire for failing to support “the most vulnerable in society”. It comes after the Independent reported a two-year wait for government cash to help people into work after it was announced that replacement job schemes would only be funded “from 2024-25”. The paper reported last year that [...]
Opinion-in-brief: Is Big Jet TV Guy the new Francis Bourgeois? February 21, 2022 When Tim Berners-Lee created the world wide web in 1989, he probably didn’t envisage that on a windy day in the UK, more than 100,000 people would tune in to watch planes land at Heathrow. Part of the fascination with Big Jet TV, the youtube channel dedicated to plan landings, was the host’s excitement. It [...]
