Exclusive: Calls to boost morale and productivity via hybrid working to unlock £55bn and 51,000 jobs January 13, 2022 The £37bn that is contributed to the economy annually through flexible working could be doubled if companies roll out more hybrid working options, according to new research, shared exclusively with City A.M. this morning. In fact, refusing to accommodate flexible working requests costs businesses £2bn a year, the report found, complementing a separate report from [...]
Katten hikes London associate pay as competition for City law firms soar January 10, 2022 Law firm Katten Muchin Rosenman has raised its pay for London associates by some £10,000 for each experience level today, as the competition for applicants soars in London. The new salary pay-grades, which also accompany potentially lofty bonus’, will see junior lawyers on a £108,000 annual salary. Associates with one year post-qualified experience (PQE) will have [...]
Exclusive: Cyber security becomes the ‘single biggest risk’ as hackers flood the City January 10, 2022 New data has revealed that more than half of firms believe that exposure to a cyber attack has increased alongside the rise of remote working, with industry experts calling it "the single biggest risk".
Sundance Film Festival moves online as Omicron surge sparks ‘difficult decision’ January 6, 2022 The Sundance Film Festival moves online once again this year, as Omicron scuppers in-person plans to bring creative talent together.
Baroness Lane Fox on digitalisation, accessibility and equality January 6, 2022 This article first appeared in ICAS’ CA magazine. Digitalisation is supercharging business practice, but it must not happen at the expense of accessibility and equality, Baroness Lane Fox tells Laurence Eastham Baroness Martha Lane Fox is one of the UK’s leading voices in technology and digital transformation. It’s a reputation that has been well earned, not [...]
Workers desperate to return to the office, study finds January 4, 2022 The novelty of working from home is wearing off with the majority of employees keen to get back to their desks according to a new survey.
Back to the future: transforming the City into a home January 4, 2022 It might be hard to stay optimistic about the future of city centres with the Omicron variant once more causing concern. Yet, not too long ago London was back to full swing. Coffee shops were buzzing again, bars and restaurants were full and office workers were playing tube tetris each morning. This shouldn’t feel like [...]
Explosion in ‘London leavers’ buying up properties in the countryside with St Albans top destination for first-time buyers December 31, 2021 More properties outside the city were purchased by London-based home buyers this year than in any year since 2007. First-time buyers made up nearly a quarter (24 of Londoners buying outside the capital in 2021, according to the calculations from Hamptons. The estate agent estimates that, in total, buyers based in London purchased more than [...]
Automotive production plunges as industry builds 10 million less cars December 27, 2021 Around 10 million less vehicles were produced in 2021 as a result of supply chain issues, market intelligence group LMC Automotive has revealed. According to research, the European automotive industry – which saw a 3 million shortfall in production – was among those hit the worst, while semiconductors shortages led to delays and disruption, the [...]
Automotive output falls 28.7 per cent despite EV boost December 23, 2021 The UK automotive output declined 28.7 per cent in November to 75,756 units produced. According to data from the Society of Motor Manufacturers and Traders (SMMT) released today, both domestic and overseas markets plunged, going down 18.8 and 30.4 per cent respectively. “These are incredibly worrying figures, underscoring the severity of situation facing the automotive [...]