Rishi Sunak renews call for City workers to get back to the office August 2, 2021 Rishi Sunak has renewed calls for young City workers to get back to the office now the government’s work from home order has been dropped. The chancellor recalled how his career as a young investment banker was helped by making relationships in the office with older colleagues. Speaking about a recent visit to Scotland where [...]
Over 75% of nightlife businesses hit by isolating staff August 2, 2021 More than three quarters of nightlife businesses have been hit by staff being instructed to self-isolate, according to industry research. A Night Time Industries Association (NTIA) survey of more than 200 businesses found that 78% of bosses were struggling with staff off work in the seven days following 19 July, when lockdown restrictions ended. Masses [...]
Two-thirds of young adults in the UK are counting on inheriting wealth August 2, 2021 More than two thirds (65 per cent) of under-45s in the UK expect to receive an inheritance gift of wealth from family or friends to fund their financial goals and get on the property ladder, according to new research. Millennial and Gen Z adults are increasingly relying on the transition of wealth between generations to [...]
What does China’s stock market meltdown mean for investors? August 2, 2021 Chinese markets have hit headlines again in recent weeks. Geopolitical tensions surrounding trade remain, but market behavior and performance – particularly in the tech sector – has also come to the fore. We asked Tom Wilson, Schroders’ Head of Emerging Market Equities, what’s causing the upset. The Chinese government seems to be cracking down on [...]
AIM is ‘market of choice’ for large companies August 2, 2021 London’s junior market AIM is establishing itself as the exchange of choice for larger cap companies, according to new analysis published today. Accountancy group UHY Hacker Young said” “improvement in the overall quality of companies on AIM, partly achieved through more stringent quality control, is making AIM the stock market of choice for larger cap [...]
Bridging the gap: The ICAS Foundation aims to ensure a career in accountancy is open to all August 2, 2021 The ICAS Foundation exists to ensure a person’s background is no barrier to a career in accountancy. We hear how it is working to minimise the pandemic’s impact on a new generation of students. This article first appeared in ICAS’ CA magazine. Accountancy is a career path that should be open to all. Yet, despite improvements [...]
Pizza and shopping discounts to be offered to boost vaccine take-up August 1, 2021 People will be offered discounts on pizza, cinema trips and ride sharing apps if they get vaccinated as a part of a campaign by the government to get more young adults to take the vaccine. The government is reportedly speaking to dozens of companies, including coffee and cinema chains, about rolling out a voucher scheme [...]
Rishi Sunak warns Boris Johnson travel restrictions are ‘out of step’ August 1, 2021 The Chancellor has warned Boris Johnson that the UK’s travel restrictions are “out of step” with its international rivals as he pushes for holiday rules to be relaxed, according to reports. The Sunday Times reports today that Rishi Sunak has written to the Prime Minister about the damage that the current border rules are doing [...]
A cultural mea culpa: a fragile over-reliance on freelancers and insecurity in the creative arts cannot continue July 31, 2021 In March 2020, I was midway through lecturing at the Sorbonne on plagues and portents in ancient Rome, Meanwhile, it was becoming increasingly clear that something alarming was happening in our own world. The night before I left Paris, I took an evening trip through the Louvre. It was practically empty – no queues by [...]
Sports Direct owner Frasers Group set for ‘upbeat’ update after reopening stores July 30, 2021 An “upbeat” trading update is reportedly expected from Mike Ashley’s Frasers Group, which owns Sports Direct, in the hope that the reopening of high street stores have pushed up sales The retail giant was more cautious in its outlook in April despite the reopening of retailers across the UK. It warned it could take a [...]