Time for City pragmatism to override political posturing in Brexit trade talks August 20, 2020 Just how much more time can Westminster and Brussels policymakers really afford to spend on shadow boxing? Can the UK government really ignore warnings from Brussels that the EU may not be in a position to grant the UK access to European financial markets? Conversely, can the EU risk being without access to London’s financial [...]
Won’t somebody think of the graduates? Hard-hit young people need to go back to the office August 20, 2020 Recessions always hurt. Tragically, the one we face now looks particularly severe, its speed and scale staggering. With the furlough scheme being rolled back (its own cost to the economy astronomical), UK businesses are now having to stand in the way of an economic tsunami with little or no protection. There is no hiding from [...]
Seven online jobs to consider this August August 20, 2020 With a spate of redundancy and hiring freezes, and many offices likely to be locked up until 2021, we’ve seen a huge surge in job seekers searching for “online” and “remote” opportunities this summer. Offering increased flexibility and the chance to work from home around other commitments, online jobs can be a perfect solution for [...]
The City View: Xavier Rees of Havas London on the value of creative ideas in the office August 20, 2020 Subscribe to The City View Podcast: Apple / Google / Spotify / RSS Today Andy Silvester is joined by Havas London CEO Xavier Rees. The ad land boss offers his thoughts on the return to work, the value of creative ideas in the office, and why he’s changed the company’s articles of association to become a “B Corp”. Andy also looks at [...]
Exclusive: Fewer financial services SMEs lay off staff during pandemic August 20, 2020 Financial services SMEs laid off fewer employees than the average firm during the pandemic, according to exclusive data for City A.M. Figures from Barclayscard show that while just under a quarter of SMEs are optimistic for the third quarter, more than a third – 34 per cent – of financial firms remain positive. This is [...]
Social app Goodwall launches youth employment initiative August 19, 2020 Social enterprise app Goodwall has launched a new online program which it says will unlock job and education opportunities for more than 10 million young people. Created by Goodwall alongside job site Monster, publishing powerhouse Pearson and online learning pioneer Walden University, the ‘BetterTogether’ program sets young people a series of challenges designed to prepare [...]
Exam chaos continues as BTec grades pulled on eve of results day August 19, 2020 Almost 600,000 students face more exam chaos after BTec grades were pulled by exam board Pearson on the eve of results day. Pearson said it would re-grade all its BTec results to bring them in line with A-levels and GCSEs, which now “have significantly higher outcomes”. The decision was made earlier this week to grade [...]
UK faces 75mph gusts as tropical cyclone arrives from the Atlantic August 19, 2020 Wind speeds could reach 75mph across some parts of the the UK this week as Storm Ellen arrives from the Atlantic. The UK is bracing for its fifth named storm of the season just a week after a country-wide heatwave that saw temperatures soar. The storm, which was named by Ireland’s Met Office, is set [...]
Spain sees surge in Covid-19 cases with daily post-lockdown record August 19, 2020 Spain recorded more than 3,700 new cases of coronavirus on Wednesday as the country suffered its worst day since the end of June when lockdown restrictions were eased. Just under half of the 3,715 cases were recorded in Madrid, which logged 1,535, while the Basque Country and Aragon regions had around 470 new infections each. [...]
US stocks open higher as Wall Street eyes more records August 19, 2020 Wall Street opened higher on Wednesday and looks to be heading for another day of new all-time records. The S&P 500 closed at an all-time high yesterday after recovering all of the losses suffered during the coronavirus crash and was up once again on Wednesday morning by a further 0.28 per cent to 3,399 points. [...]
