Apprenticeships are the answer to getting young people in work November 29, 2024 Once, the UK looked enviously at the German and Swiss “skills miracles,” renowned for their robust apprenticeship systems and highly skilled workforces. Today, the tables have turned. Many countries now look to Britain as a beacon of innovation in skills development and apprenticeships, says Robert Halfon The government has just released a White Paper on [...]
Art on the Underground Unveils a New Permanent Artwork November 28, 2024 Today, 28 November 2024, Art on the Underground unveils a new permanent artwork by Hannah Quinlan and Rosie Hastings at St James’s Park station, the only Grade I listed station on the Tube network. Angels of History is the first mosaic created by the artist duo, and is composed of six panels, each measuring 1.5 [...]
New Lamborghini Temerario: hybrid supercar revealed in London November 28, 2024 The new Lamborghini Temerario, due next summer, has made its UK debut at a special event in London. The Temerario slots into Lamborghini’s lineup beneath the flagship Revuelto and replaces the long-serving Huracan, trading its predecessor’s naturally aspirated V10 for a turbocharged V8 and three electric motors. The headline numbers are 920hp, 0-62mph in 2.7 [...]
Employer national insurance raid could lead to 130,000 jobs being slashed November 28, 2024 Analysis from Bloomberg Economics suggests that up to 130,000 jobs could be lost if firms responded to the tax hike primarily by cutting employment.
Condé Nast: Profit slashed at Vogue and GQ owner November 28, 2024 Profit at the UK arm of Condé Nast, the publishing giant behind the likes of Vogue and GQ, has been slashed as it battles a rise in costs. The company, whose publications also include Vanity Fair, Architectural Digest, Wired and Condé Nast Traveller, has reported a pre-tax profit of £8.3m for 2023, according to newly-filed [...]
FCA softens ‘name and shame’ plans after City backlash November 28, 2024 The Financial Conduct Authority (FCA) has softened its controversial ‘name and shame’ plans and will take into account the damaging impact the proposals could have on companies, after furious backlash from the City and Westminster. In a statement today, the watchdog said it would set out plans for “further engagement” after its initial plans triggered [...]
Independent high street shops could take brunt of national insurance hike November 28, 2024 Independent high street shops could face the worst of Rachel Reeves’ tax raid as a direct result of the hike in employers’ National Insurance Contributions (NICs), a new analysis shared with City AM has found. The analysis, commissioned by small business platform Enterprise Nation, revealed the impact of the 1.2 per cent hike in employers’ [...]
UK net migration hit record 906,000 peak before 20 per cent fall November 28, 2024 Net migration in and out of the UK has dropped by 20 per cent to around 728,000 in the past year, official figures have shown, after hitting a record peak of 906,000. The level reached a higher than previously thought figure of 906,000 in the year to June 2023, according to fresh data from the [...]
Why UK petrol and diesel prices are still sky high despite recent fall November 28, 2024 The price of petrol and diesel in the UK fell between June and October 2024 but the margin retailers are making from each visit to the pump has surged. According to new figures from the Competition and Markets Authority (CMA) fuel prices decreased in the period because, in part, of the changing crude oil prices [...]
Square Mile and Me: Natasha Guerra on setting up Runway East November 28, 2024 Runway East CEO Natasha Guerra tells us about her career, her favourite cocktail spot, and why she'd like to see fewer blue shirts in the City.