Panic in China’s richest city as 25m residents of Covid-ridden Shanghai run out of food in world’s strictest lockdown April 8, 2022 Frustration, panic and anger is growing in Shanghai as millions of residents are struggling to get their hands on meat, rice and other food supplies while the government tries to contain a spreading Covid outbreak with anti-coronavirus controls that confine most of its 25m people to their homes, People in China’s business capital have complained [...]
Workers to stage walkouts over ‘dismal’ pay offers April 8, 2022 Thousands of UK workers are set to stage walkouts over the next few days over below-inflation pay offers. The Communication Workers Union (CWU) yesterday rejected BT’s 5 per cent pay rise – the highest in more than 20 years – calling it a “nothing short of an insult,” the Times first reported. “We have no [...]
Fireblocks poaches Bank of England fintech lead April 7, 2022 The head of the Bank of England's fintech hub has walked out after just over a year in the role to join crypto startup Fireblocks.
Workspace posts slow but steady recovery amid hybrid office return April 7, 2022 Workspace Group makes a bounce back, with like-for-like occupancy for office space up three per cent thanks to SMEs demand.
Closing the autism employment gap means success for businesses up and down the country April 6, 2022 Tracy Clements is an English and Drama teacher. An avid traveller, she’s married with two kids and she’s on the autism spectrum. She’s in a safe job she likes, but she’s almost an exception. Only 22 per cent of autistic adults were employed in the UK in 2020 – but one in ten people across [...]
EU considers offering asylum to Russian soldiers if they desert Ukraine amid claims Kremlin is using hunger as a weapon April 6, 2022 European Council president Charles Michel said EU countries should think about ways to offer asylum to Russian soldiers willing to desert Ukraine battlefields. During an address to the the European Parliament, Michel expressed his “outrage at crimes against humanity, against innocent civilians in Bucha and in many other cities”, and called on Russian soldiers to [...]
New tax year ushers in more woe for businesses and households April 6, 2022 Today marks the start of what will be yearly increases in tax bills for households across the UK as a raft of hikes, threshold freezes and fiscal tweaks come into effect. The new tax year has been ushered in by the much-lamented 1.25 percentage point national hike, which is forecast to deal a more than [...]
The SEC proposal that could ‘cripple’ DeFi, and EU lawmakers vote to outlaw anonymous crypto transactions April 4, 2022 Bitcoin ended March with a move toward the $48,000 mark but quickly plunged to $44,000 as April began. It has since recovered to $46,000.
Exclusive: The boss of London’s oldest office provider returns from retirement to drive the City’s bounce-back April 4, 2022 As we passed the two-year anniversary of the first lockdown last month, City A.M. sits down with the CEO of London’s oldest office provider, who came out of retirement to drive the business’ post-Covid recovery. Shedding light on how the business and City has suffered, Argyll CEO John Drover reveals to this paper how his [...]
Heathrow braces for days of chaos amid staff shortages, IT issues and cancellations April 4, 2022 UK travellers are currently experiencing chaos as Heathrow continues to be hit by a combination of IT issues, Covid-induced staff shortages and flight cancellations. For the last few days, travellers complained on Twitter about being stuck in hour-long queues at terminals 2 and 5 as a result of IT issues, especially at security e-gates. Scottish [...]