Computer says no: Frustrated businesses screaming for fresh cash struggle to get bank loans November 14, 2022 Three-fifths of small and medium-sized enterprises (SMEs) said that they currently need funding to ease day-to-day cashflow issues, according to research by asset manager Channel Capital out this morning. However, those businesses increasingly struggling to get loans from high-street banks, the survey found. And more than two thirds of SMEs reported that they need funding [...]
‘Rude and aggressive’: Fresh claims rock Sunak govt with spotlight on Raab ‘the Incinerator’ for bullying November 14, 2022 Rishi Sunak’s new government is facing fresh allegations of bullying and harassment at work, only days after Gavin Williamson stepped down as Cabinet Office minister as questions arose over his behaviour towards colleague. Now it has emerged that eight people working in Dominic Raab’s private office during his tenure as foreign secretary claimed to have [...]
KFC eyes disadvantaged young people as fast-food giant ramps up recruitment efforts November 14, 2022 KFC has pledged that a third of all its new staff by 2030 will be young people who have faced barriers to employment. The chain’s boss said it wants to help improve social mobility by giving disadvantaged young people more opportunities to work, build skills and confidence, and become managers. Through its Hatch employability programme, [...]
A call to arms: where will we find tomorrow’s bright Whitehall leaders? November 14, 2022 It is one of the most common, and pointed, criticisms of government in this country now that we are not finding leaders properly equipped to take the United Kingdom into the middle of the 21st century. For all his sociopathic behaviour and sheer oddness, it was the mission of Dominic Cummings to solve that problem, [...]
In search of a plug for the blackhole, Hunt must not cull investment in our future November 14, 2022 We are still spending comparatively little compared to other science superpowers such as Israel and South Korea. And the real benefits from investing in R&D aren’t typically felt for about ten years.
Sunak must choose between protectionism or global strength to remake Britain November 11, 2022 Sunak must reunite both party and country, which is in need of strong direction and thoughtful leadership.
UK and EU ‘not far apart’ on NI Protocol, says Brussels’ ambassador to London November 10, 2022 London and Brussels are “not that far apart” on negotiations over the post-Brexit Northern Ireland Protocol, according to the outgoing EU ambassador to the UK. João Vale de Almeida today said he was “encouraged” by Rishi Sunak’s meetings with EU leaders since becoming PM last month and by the recent mood music between the two [...]
Exclusive: Expedia doubles down on London as it hunts for 120 new tech brains in the capital November 10, 2022 Travel tech firm Expedia Group is planning to expand its UK operations by recruiting candidates for around 120 predominantly tech-focused roles at its London base as the travel industry rebound continues, City A.M. can reveal. London is one of the group’s tech hubs outside the US, with close to half of all employees in the [...]
Next boss laments not getting ‘Brexit I wanted’ and calls for migration changes to fill staff shortages November 10, 2022 The CEO of Next has implored ministers to ease rules for overseas workers wanting to come to the UK and said he did not get “the Brexit I wanted.” Lord Simon Wolfson reiterated previous pleas for the government to make it easier for workers to move to the UK to plug staff shortages across the [...]
No need for EU: UK strikes major post-Brexit science and research deal with Switzerland November 10, 2022 The UK and Switzerland have signed a major agreement deepening the relationship between the two countries’ research and innovation communities, the two countries said this morning. Both countries are excluded from the EU’s science partnerships. The deal was signed by UK Minister of State for Science, Research and Innovation, George Freeman MP, alongside Federal Councillor [...]