The best (and worst) supermarket Christmas sandwiches 2022 December 8, 2022 It’s beginning to look a lot like, City A.M.’s annual Christmas sandwiches taste test! Don’t we treat you well… The City A.M. team have been torn away from writing about all the important stuff to chow down on some delicious Christmas sandwiches, as well as some truly awful ones bringing Scrooge energy that really should [...]
UK jobs market wobbles after months of defying economic reality December 8, 2022 The UK jobs market is looking increasingly fragile after months of defying economic gravity, a new survey out today reveals. KPMG and the Recruitment and Employment Confederation’s (REC) permanent hiring index came in at 46.4 points last month, below the 50 point mark that separates growth and contraction. Despite the index indicating businesses are cooling [...]
Letters: A new look at supply chains December 8, 2022 [Re: UK business fear supply chain chaos will ruin Christmas trading, December 5] In the last week, City AM has run several stories on the continuing chaos engulfing global supply chains and the industries this is affecting. The articles rightly identify problems such as key materials shortages, a shrinking labour market, and rising energy costs, [...]
RMT accuses government of torpedoing rail negotiations December 7, 2022 The union RMT has accused the UK Government of torpedoing negotiations, pushing a resolution of the rail dispute “further away.” Union bosses claimed today the Rail Delivery Group – which is negotiating on behalf of train operators – was instructed by the government to take on the strikes. “It is now absolutely clear that the [...]
GSK and Sanofi shares jump with investor fears soothed by Zantac ruling December 7, 2022 Shares in GlaxoSmithKline (GSK) and Sanofi jumped today, after thousands of claims apart of the Zantac lawsuit were dismissed. Investors’ fears were soothed yesterday when US district judge Robin Rosenberg rejected 50,000 claims in federal court for not being based on sound science. GSK’s shares jumped around eight per cent to 1,498.00p per share in [...]
Christmas strikes: Border Force to walk out for eight days December 7, 2022 Border Force staff working at several UK airports will strike over the Christmas period in a long-standing dispute over jobs and pay. Members of the union PCS will walk out between 23 and 26 as well as 28 and 31 December at several UK airports, including Heathrow and Gatwick. According to aviation analytics firm Cirium, [...]
Christmas chaos: Sunak threatens new widespread strike-busting laws December 7, 2022 Rishi Sunak is now looking at new widespread strike-busting legislation as the UK gets ready for a winter of disruption. Sunak announced during Prime Minister’s Questions (PMQs) today that “I have been working for new tough laws to protect people from” increasing strike action, with Number 10 announcing they will go beyond transport strikes. Number [...]
Transport secretary: Minimum service level laws not happening anytime soon December 7, 2022 The government’s legislation on guaranteeing minimum service levels during strike days will not be debated anytime soon, according to transport secretary Mark Harper. Introduced in Parliament following this summer’s rail strikes, the bill’s second reading hasn’t happened yet and can’t be expedited due to a perceived lack of cross-party consensus. The secretary also said the [...]
easyJet avoids French Christmas strike with eleventh-hour pay increase December 7, 2022 easyJet has prevented a strike in France over Christmas after offering a pay increase to cabin crew staff at the eleventh hour. The low-cost carrier has put on the table a 7.5 per cent salary increase in addition to a €3,000 bonus (£2,600), which was accepted by the French union SNPNC. “easyJet is pleased to [...]
Tube trips in shopping hotspots hit one million as people fall for Christmas frenzy December 7, 2022 Trips on the tube to key shopping centres have reached pre-pandemic levels, as the Elizabeth Line and Christmas rush boosts retail. More than one million entries and exits were recorded on 3 December at stations such as Oxford Circus, Knightsbridge and High Street Kensington, figures published today by Transport for London (TfL) showed. Tottenham Court [...]