More than 500 City of London SMEs to benefit from new £50m Covid recovery fund April 8, 2021 At least 500 small-to-medium sized businesses in the City of London are set to benefit from Covid recovery grants thanks to a new £50m fund by the Square Mile’s local authority. The City of London Corporation will launch the fund on Monday, which will see SMEs from the hospitality, retail, medical and leisure sectors able [...]
Lee Isaac Chung’s Oscar hopeful Minari is a well of emotion April 8, 2021 It’s unlikely that any of the Oscar hopefuls will arrive in the traditional way this year. Nomadland will head to Disney+ at the end of April, Netflix’s Best Picture nominees are already available, and last week saw the UK debut of Lee Isaac Chung’s Minari. Partly based on Chung’s own childhood memories, the film takes [...]
Sadiq Khan London mayor election manifesto: Everything you need to know April 6, 2021 London mayor Sadiq Khan launched his election manifesto today by promising Londoners that he would focus on “jobs, jobs, jobs” if re-elected on 6 May. The 100-page document, one-third larger in size than the Tories’ general election winning manifesto in 2019, outlined policies on areas such as the economy, the environment, transport, crime, housing and [...]
Mayor of London election: Sadiq Khan pledges to create 170,000 green jobs April 6, 2021 Sadiq Khan has pledged to create 170,000 new green jobs if re-elected as mayor as he today launched his manifesto for the mayor of London election. Khan said during a speech at Bloomberg that he would create a new green jobs skills academy that would “support green jobs that are diverse, sustainable and well paid”. [...]
UK vaccine passport app could become ‘honeypot’ for hackers, says former top government cyber adviser March 31, 2021 A potential UK vaccine passport is in danger of becoming a “honeypot” for hackers, rogue states and cyber criminal organisations, according to one of the government’s former top cyber security advisers. Peter Yapp, ex-deputy director of GCHQ’s National Cyber Security Centre (NCSC), told City A.M. that a vaccine passport app could be an easy target [...]
London business confidence ticks up in first quarter of 2021 March 31, 2021 Business confidence in London improved during the first three months of 2021, after reaching its lowest point since the 2008 global financial crisis. A new survey by Savanta ComRes/the London Chamber of Commerce and Industry has revealed that 29 per cent of business leaders in the first quarter of 2021 said London’s economic prospects will [...]
Government scientists must be transparent about flawed Covid models March 31, 2021 The strength of the economic recovery as Britain emerges from lockdown is a hotly contested subject among economists. Some believe there will be a massive surge in demand as consumers celebrate their freedom, others argue it will take time to claw back confidence. Economic forecasts are subject to the same faults as any projections, as [...]
Hiring for bankers reaches three-year high March 31, 2021 Recruitment for bankers has hit a three-year high according to new data despite the double whammy of the pandemic and Brexit. Last month Britain’s top banks posted 1163 professional banking vacancies, according to research by Morgan McKinley and Vacancysoft, a 43.9 per cent rise on the same period last year. Overall vacancies in the sector [...]
Exclusive: Govt policy shows UK tech is ‘guiding light’ in pandemic recovery, says Beacon CEO March 30, 2021 Despite the upheaval that the pandemic has caused for many individuals and businesses across the UK, the tech sector has been relatively resilient over the past 12 months. The industry’s continued strong performance is reflected by recent data compiled by Tech Nation and the government’s Digital Economy Council, which shows that 10 per cent of [...]
Strong West End recovery vital for City of London’s future, says Khan March 30, 2021 The UK’s financial services sector will be irreversibly damaged if the West End does not have a strong recovery and Frankfurt is left to scoop up City of London jobs, according to Sadiq Khan. Khan today called out the government for not providing targeted funding for central London, which has been adversely affected by Covid-19, [...]