Vauxhall owner commits £100m to future of Ellesmere Port July 6, 2021 Vauxhall owner Stellantis will invest £100m in the car firm’s plant at Ellesmere in Cheshire, it confirmed this morning, ending months of uncertainty about the future of the factory’s 1,000 jobs. The site will be transformed into a facility for building electric vehicles in another significant coup for the UK car industry. Prime Minister Boris [...]
London property market enjoys strongest ever half-year, Chestertons says July 5, 2021 London’s property market has enjoyed its strongest ever half-year, according to Chestertons, who posted record sales in June. The estate agent’s latest market analysis found the highest monthly sales numbers in the company’s history were recorded last month, fuelled by buyers trying to beat the Stamp Duty deadline and wanting to move before price growth [...]
Cummings: Boris Johnson said it was ‘ludicrous’ he could be PM in 2016 July 5, 2021 Dominic Cummings has claimed Boris Johnson said after the 2016 Brexit referendum that it would be “ludicrous” if he became Prime Minister and that he joined his team in Downing Street to try and direct policy. After David Cameron resigned in 2016, Johnson allegedly said: “Obviously it’s ludicrous me being PM — but no more [...]
New car registrations up as lockdown end nears July 5, 2021 The total number of cars registered grew in June from the same period last year, however new registrations still lag pre-pandemic figures, which raises questions about further growth in the industry. A total 186,128 new cars were registered in June, according the Society of Motor Manufacturers and Traders (SMMT), up 28 per cent on the [...]
Forward Partners announces intention to float in London July 5, 2021 Forward Partners, the London-based venture capital firm, announced on Monday morning that it intends to list in London. The firm said it will seek admission of its shares to trade on AIM, the London Stock Exchange’s junior market. The company expects to raise at least £25m from the share sale. The funds raised will be [...]
One-in-four UK financial services workers want to work from home full-time, says new survey July 5, 2021 Almost one-in-four of the UK’s financial services workforce wants to work at home permanently post-pandemic, according to a new survey from Accenture. The survey found 24 per cent of the country’s 1m financial services workers “would prefer to work entirely from home once a full return to office is possible”, while 69 per cent said [...]
Back to adland: What London’s creatives think about the return to the office July 3, 2021 With the final easing of lockdown restrictions on the horizon, attention is turning to the eventual return to the office and a new era of flexible working. Major banks such as JP Morgan, Goldman Sachs and Morgan Stanley have all begun bringing staff back into the office, while UBS has said it will embrace a [...]
Lockdown sparks more leave and paid benefits for some working parents July 2, 2021 Lockdown sparks more leave and paid benefits for some working parents
US labour market roars back to life as firms hire 850,000 workers in June July 2, 2021 US businesses embarked on a hiring spree in June, with the American economy adding 850,000 jobs, new figures published today reveal. The sharp rise builds on May’s 583,000 increase, triggered by companies seeking to boost output to cope with surging demand. The gains in hiring blew away predictions by experts. Economists polled by Reuters had [...]
Met launches murder investigation following Oxford Circus stabbing July 2, 2021 The Metropolitan Police has launched a murder investigation following a stabbing at Oxford Circus yesterday evening. Police were called to the scene at 8pm on Thursday, where a 60-year-old man was found with stab wounds. The man was taken into hospital where he later died. His next of kin have been informed and are being [...]