UK tech: Record raise of £13.5bn pushes number of British unicorns to 105 September 20, 2021 The UK tech sector raised £13.5bn in the first six months of this year, almost three times more than the same period a year ago, according to new data. As a result, the number of British unicorns has jumped to 105. Companies including fintech giant Revolut, online video conference business Hopin and online car sales [...]
City Moves: Who’s switching jobs in the Square Mile this week? September 15, 2021 City A.M.’s Millie Turner provides a roundup of the most important hires and job moves across the City, every Wednesday afternoon. Email citymoves@cityam.com to be featured. Falcon posts City veteran Joe Nally to board Falcon Oil & Gas has posted Cenkos co-founder Joe Nally as a new non-executive chairman to the board of the company with immediate effect. Nally, a City veteran, [...]
Tower Hamlets council approves plan to build shopping mall on Brick Lane September 15, 2021 Controversial plans to build a shopping mall on the site of the historic Truman Brewery on Brick Lane have been given a green light. At a meeting of the Tower Hamlet Development Committee yesterday councillors voted 2-1 in favour of a proposal to redevelop the Brewery as a five story office building and retail space. [...]
Tower Hamlets council approves plan to build shopping mall on Brick Lane : CityAM September 15, 2021 Controversial plans to build a shopping mall on the site of the historic Truman Brewery on Brick Lane have been given a green light. At a meeting of the Tower Hamlet Development Committee yesterday councillors voted 2-1 in favour of a proposal to redevelop the Brewery as a five story office building and retail space. [...]
WeWork announces partnership with Manchester City September 14, 2021 Workspace provider WeWork has announced a partnership with Manchester City and its sister club New York City FC, including workspace for London-based employees. Manchester City employees based in London and Singapore will be able to access the firm’s workspace whenever desired and be able to access additional flexible space at global locations. New York City [...]
Hybrid working: Out of office… forever? September 8, 2021 During lockdowns, many started working from home for the first time. Now, 91% don’t want to go back to the office full-time. With hybrid models of work being adopted by many, Christian Koch talks to leading CAs about the chances of a new workplace revolution… This article first appeared in ICAS’ CA magazine. What does [...]
WeWork attracts workers back to the office with pay as you go desks August 25, 2021 WeWork will allow customers to rent workspaces on a pay as you go basis in a bid to attract employees back to its offices. This week, WeWork launched its OnDemand service at 40 locations across the UK and Ireland, including London, Birmingham, Manchester, Cambridge, Edinburgh and Dublin. Desks can be booked for £45 per day [...]
Just Eat to create 1,500 new jobs in Sunderland August 25, 2021 Just Eat has announced it will create more than 1,500 new customer service jobs in Sunderland as part of a £100m investment in the North East. The British food delivery giant said that recruitment for the roles is underway with 300 positions already filled. The multi-million pound investment will fund a 20,000 square meter workspace [...]
Cabinet ministers plan big push to get civil servants back to Whitehall August 9, 2021 Cabinet ministers are planning a big drive to get civil servants back to the office after concerns grow regarding the lack of staff at desks. Senior cabinet ministers have expressed their concern at the number of those still working from home, with one telling The Times that career prospects should be mentioned in the drive [...]
Editorial: Online retail has a duty to be human – for their workers and the industry July 28, 2021 Old-school retail has been plagued by many criticisms through its long performance on our high streets. It has been far from the patron saint of good behaviour. But if you walked into a store in the early 2000s, you could, fairly or unfairly, get a feel for a company from the staff you bumped into. [...]