Big Four under pressure as government looks to slash £5.4bn consultant bill September 19, 2024 The UK government should review opportunities for further insourcing in management consultancy, a top think tank has urged, putting more pressure on the Big Four firms as Labour seeks to cut spending.
“Older and poorer” – the UK’s future? September 19, 2024 The Health Secretary, Wes Streeting, said last week that the UK risks becoming “a country with an NHS attached.” Coming from a Labour MP this constitutes admirable candour. The problem is, we’re long past that point already. The NHS is by far the biggest employer in the country (over two million people) with a budget [...]
The Capitalist: The Lord Mayor’s (self-funded) clothes; Old Street Non-Roundabout slammed; Tories party; and Clegg gives advice September 19, 2024 A look into the Lord Mayor's wardrobe, Old Street's new "non-roundabout" and Nick Clegg dishes out some career tips in this week's diary.
Worst corporate jargon of the week: The roadmap September 19, 2024 "Get in losers! We’re going to lift sales by five per cent in quarter four!"
A car-free Oxford Street does sound dreamy, but there’s a problem: buses September 19, 2024 An Oxford Street with no cars is a charming fantasy. But ignore the "red wall of metal" at your peril, writes James Ford
Fed lowers interest rates by 50 basis points in first cut since 2020 September 18, 2024 Today's rate decision was the most uncertain in years, with investors torn in the run-up to the decision about whether the Fed would cut rates by 25 or 50 basis points.
Government hits back at ‘false’ claim Sue Gray ‘declined’ to be paid less than Starmer September 18, 2024 The government has hit back at claims that top civil servant Sue Gray declined to be paid less than the prime minister. The BBC reported today that Gray is now paid more than Sir Keir Starmer, citing one unnamed source saying: “It was suggested that she might want to go for a few thousand pounds [...]
Games Workshop suffers major shareholder revolt after top bosses handed huge bonuses September 18, 2024 Warhammer maker Games Workshop has suffered a major shareholder revolt after handing millions in bonuses to its top bosses. The Nottingham-headquartered company saw almost 21 per cent vote against its remuneration report and nearly 27 per cent vote against its remuneration policy at its AGM today (Wednesday, 18 September). Following record sales and pre-tax profit [...]
City A.M. marks 20th year with rebrand and weekly London Standard partnership September 18, 2024 City A.M. is embarking on its 20th year of existence with a fresh rebrand and an exciting new partnership with the now weekly London Standard. 70,000 copies of City A.M.’s re-branded print edition will be available from 6am Monday – Thursday, alongside the new weekly edition of the Evening Standard, now called The London Standard. [...]
Post Office boss Nick Read to step down next year as successor named September 18, 2024 Post Office chief executive Nick Read will step down from the role in March next year, the company has announced. Neil Brocklehurst, the current interim chief operating officer, is expected to replace Read, who temporarily stepped back from the role in July to give his “entire attention” to the Horizon scandal inquiry. At the time, [...]