UK railways prepare for 2m passenger slump as budget cuts loom October 13, 2021 UK railways are preparing for a 2 million passenger fall as, post-Covid commuting patterns have changed, prompting rail companies to start swinging the axe on jobs. Forecasts prepared by the railway industry’s Covid forecasting group for Network Rail highlighted that, in the worst case scenario, numbers will only go up to 60 per cent of [...]
Momentum falters for Bitcoin but alts show fresh signs of life October 13, 2021 Bitcoin’s buoyant start to October is showing signs of flagging, with the price dropping more than four per cent over the past 24 hours from more than $57k to around $55k this morning.
Return to growth fails to lift FTSE 100 as investors brace for BoE rate hike October 13, 2021 A return to economic growth in the UK was not enough to lift the FTSE 100 this morning as investors mulled whether the upbeat data would push the Bank of England to hike rates this year. The capital’s premier index dipped 0.45 per cent to 7,098.19 points. The UK economy grew 0.4 per cent in [...]
Flexible working more important than salary for three in four professionals October 13, 2021 Flexible working has overtaken salary as the top benefit to employees, highlighting that flexibility and autonomy over the working day is now more important than financial reward for most workers. Three quarters of respondents of a new survey believe that in the future having an office space will be considered an employee benefit as opposed [...]
Thought leaders come together to discuss mental wellbeing, the future of work and the power of ‘good’ October 13, 2021 The CA Summit sponsored by Markel Tax returned for an event split across three days starting on 5 October, which brought together the brightest minds from the worlds of finance, academia, and the technology industry to deliver a series of challenging, thought-provoking and truly motivational seminars to inspire ICAS Members around the globe. The transformational power of [...]
Both auctioneer and bidder: Fire chief snapped up brigade’s £13k Land Rover for £500 October 12, 2021 Birmingham Crown Court was told today how fire chief Stewart Edgar bought one of his own brigade’s Land Rovers, which had new tyres that alone were worth more than the £500 he paid for it. The chief fire officer acted as “both auctioneer and bidder” to fraudulently buy the luxury car, after dishonestly turning down [...]
Premiership Rugby names RFU commercial boss Simon Massie-Taylor chief executive October 12, 2021 Premiership Rugby has hired Simon Massie-Taylor, chief commercial and marketing officer at the Rugby Football Union, to be its new chief executive. Massie-Taylor, who began his career in financial services, has also held commercial roles at the British Olympic Association, the London 2012 Olympic organising committee and Tough Mudder. “This is a key moment for [...]
Bitcoin continues to show strength amid uncertain markets October 12, 2021 The Bitcoin price continues to rise this morning, up another one per cent over the past 24 hours to more than $57k.
Back to the office full-time? I’d rather quit say more than half of all Brits October 12, 2021 The pandemic has changed the working landscape so drastically that flexible and hybrid work have become core benefits offered to many UK workers. In fact, over half of British workers, or 52 per cent, would leave their job if they were forced back into the office full time, with 11 per cent saying they would [...]
Unemployment drops by 0.4 per cent to 4.5 per cent October 12, 2021 The number of UK workers on payrolls rose by 207,000 between August and September to a record 29.2m, returning to levels seen before the pandemic struck, the Office for National Statistics (ONS) said. The unemployment rate in the UK shrank 0.4 per cent to 4.5 per cent. Though unemployment fell, the number of job vacancies [...]