Hybrid working: Discrimination and lack of career progression vs banter and lunches October 26, 2021 Hybrid workers embrace anytime working and say their office culture has changed forever. While many workers have reaped the benefits, working from home has not been a smooth transition for everyone. Concerns over discrimination, career progression, and noise weigh on employees’ minds. Also the lines between anytime working and being ‘always on’ are blurring with [...]
PMI: UK private sector grows at fastest pace in three months October 22, 2021 Growth in the UK’s private sector has grown at the fastest pace in three months, according to a closely-watched survey. The IHS Markit/CIPS flash UK composite PMI report came in at 57.7 more than halfway through October, up from last month’s 54.1 at the same period. Scores above 50 represent growth, while anything below that [...]
Fed officials barred from holding individual stocks after controversy October 21, 2021 FEDERAL Reserve officials will no longer be able to buy individual stocks after a share-trading scandal which brought down two of the body’s regional chairs. The presidents of the Dallas and Boston Federal Reserve branches have both stepped down from their roles after it emerged they had been actively trading at the same time as [...]
Long read: Tech firm with big ideas looks set for Shift into higher gear October 18, 2021 PICTURE the scene: a living room full of boxes, two flights of stairs and a hired van parked two streets away. After multiple trips – in both senses of the word – one is inclined to be a bit fed up. It’s the sort of moment that makes you wish somebody invented an easier way [...]
Football training can be safer with VR technology October 15, 2021 A whipped cross and a powerful header towards goal are staples of football and the essence of set-piece tactics used by every football team. But building Cristiano Ronaldo-like leg power to spring higher than your opponent and honing the skill to guide the ball into the net requires endless training drills. The other, more serious [...]
To fix the NHS, we must look at what went wrong, but also use what went right October 15, 2021 As we continue to rebuild from the effects of the pandemic, it is important to look at what went wrong, to take stock. We also need to look at what worked and where this can be applied elsewhere. This will not only help us to prepare for future pandemics, but in the shorter term will [...]
US Fed to launch tapering as soon as next month October 14, 2021 The world’s most influential central bank has provided the strongest signal yet it is preparing to rein in the wave of stimulus it unleashed in response to the Covid-19 crisis. The US Federal Reserve is considering pulling back asset purchases designed to shield the American economy from the worst effects of the pandemic as soon [...]
London markets shake off Fed tightening concerns October 14, 2021 London markets this morning shook off fears that the Bank of England could follow the US Federal Reserve and begin tightening monetary policy next month. The capital’s premier FTSE 100 index climbed 0.69 per cent to 7,191.41 points during the opening session today. More to follow.
Bank of England scraps closed-door briefings with banks October 13, 2021 The Bank of England has scrapped holding private meetings with banks and financial institutions in a bid to raise transparency at the central bank. The shift in position comes after pressure on the world’s leading central banks to stop hosting off the record briefings with banks mounted following European Central Bank chief economist Philip Lane [...]
Swelling food and energy costs lift US inflation October 13, 2021 A jump in food prices and energy costs drove inflation in America to a fiery clip in September, testing Fed chair Jerome Powell’s insistence that price rises are transitory. On an annual basis, US inflation hit 5.4 per cent last month, according to the Labor Department. Higher prices for food, which rose 4.6 per cent, [...]