London SMEs committing over half of annual revenue to tech investment, data reveals August 22, 2023 London’s small and medium-sized enterprises (SMEs) are ramping up their tech budgets, allocating over half of their annual revenue to technology investments, according to a report by Barclays. In the capital, SMEs are directing an average of 54 per cent of their annual revenue to technology investments, such as data analytics and artificial intelligence tools, [...]
The Notebook: Victoria Scholar on falling house prices, global travel’s acceleration and Netflix’s Sackler drama August 22, 2023 Today, Victoria Scholar, head of investment at Interactive Investor, takes the City A.M. notebook pen The only thing being built is negative momentum Rising interest rates, high inflation and the cost of living crisis are starting to take a serious toll on the UK housing market. Just this week, data from Rightmove pointed to a [...]
The Tories won’t redesign the NHS but they could get rid of the bottlenecks August 21, 2023 We have long since past the point where we will fundamentally change a free-at-point-of-care system, but the Conservatives can deal with the bottlenecks, writes Eliot Wilson.
Banks to snub Treasury meeting as UK oil and gas sector struggles for financing August 20, 2023 The UK’s oil and gas sector faces the growing prospect of a cash crunch, with the Treasury’s latest attempts to lure lenders unlikely to succeed.
The Square Mile and Me: Jim Wood-Smith on impostor syndrome, City shenanigans and a birthday redundancy August 17, 2023 Our weekly feature digs into the careers of the City’s great and good: this week, Hawksmoor Investment Management’s Jim Wood-Smith takes us down a most eventful memory lane What was your first job?I never did the Saturday paper round or the gap year saving-the-sloth thing. I was classically middle class and went to work for [...]
No Degree? The Good News Is Skills-Based Hiring Is On The Rise August 17, 2023 While you might think education or experience are what hiring managers focus on when recruiting new candidates, skills and ability are more important. That’s according to a recent global study which found that 76% of employers are now using skills-based hiring to pinpoint talent. The reason for this is manifold: 91.2% of employers saw an [...]
Square Mile and Me: Jim Wood-Smith on all-day breakfasts, birthday redundancies and why the City needs to watch Monty Python August 17, 2023 Every week we ask the financial services industry’s great and good to delve into memory lane. This week, it’s Hawksmoor Investment Management’s Market Commentator and Head of Climate Transition Jim Wood-Smith who gives us an insight into a City left behind in more ways than one… What was your first job? I never did the [...]
PTO Tour gets World Championship status after striking alliance with World Triathlon August 16, 2023 The PTO Tour, the athlete part-owned circuit of the Professional Triathletes Association, has received a major boost after being recognised as the official World Championship of long-distance triathlon. As part of a new agreement between the PTO and World Triathlon, the men’s and women’s winners of the PTO Tour season, whose competitors include England’s Alistair [...]
‘Quit smoking’ message could be put inside cigarette packs August 14, 2023 ‘Quit smoking’ messages could be added to the inside of cigarette packs under draft proposals being considered by the government. The inserts would set out the health and financial benefits of giving up and signpost advice and support available to those trying to quit smoking, the Department of Health (DHSC) said. A consultation launched on [...]
Explainer: An overhaul of cancer targets causes split between doctors August 14, 2023 Today NHS England announced proposals for new cancer targets following a consultation that began last year. The proposals include significant changes, like abolishing around two-thirds of the targets and changing others in a major overhaul of the cancer diagnostics and treatment system. The NHS says the new system, with fewer targets, will be easier for [...]