City Moves: Who’s switching jobs in the Square Mile this week? June 9, 2021 City A.M.‘s Millie Turner provides a roundup of the most important hires and job moves across the City, every Wednesday afternoon. Email citymoves@cityam.com to be featured. Chairman trades The Restaurant Group for the FA The Restaurant Group (TRG), which host brands like Wagamama and Frankie & Benny’s, has confirmed this week that its chairman will be stepping [...]
Pride 2021: Businesses must encourage their employees to bring their whole selves to work June 9, 2021 Being an ally by always calling out bad behaviour and supporting all of our colleagues – no matter who they choose to identify as – is so important, not only in work but in life.
Swift shift to remote working may have had ‘major security trade-offs’ June 8, 2021 US-based AvePoint, which manages data for Microsoft 365, has said today that although the shift to remote working was swift, it ‘may have come with major security trade-offs’. In a workplace Covid impact survey released today, the software firm revealed how despite UK organisations having a quick pivot to the digital sphere, most companies did [...]
MiCA: A ‘beta version’ of crypto-assets regulation in the EU June 8, 2021 Alexander Prognimak, CFA from the CFA UK Future of Money Working Group, looks at European Union plans for crypto-assets. Gone are the days when London’s famous red buses would be carrying adverts promoting the dream of a shiny post-Brexit future for the NHS. As one ad (that has attracted the advertising regulator’s attention) read: ‘If [...]
Sarah Everard death: Wayne Couzens pleads guilty to rape and kidnap June 8, 2021 A serving British police officer has admitted the rape and kidnap of Sarah Everard, whose body was found a week after she disappeared walking home in London in March. Couzens, 48, a London officer whose role was to guard diplomatic premises, told the Old Bailey that he accepted responsibility for killing Everard but did not [...]
London won’t see exodus – but property growth rates may slow, says Onthemarket June 8, 2021 Property growth rates in the capital could slow in the medium-term, as pandemic-led lifestyle changes like wanting a garden or office space are likely to continue. House prices in the UK have on average grown by £22,000 in the last 12 months, according to the latest figures from Halifax, however prices in London have lagged [...]
Spending five days in the office each week ‘could return in two years’ June 8, 2021 Spending five days per week in the office could again become the norm within two years, think tank Centre for Cities has said. Hybrid working – spending some time working at home or elsewhere and some in the office – has become a popular compromise among companies planning working patterns post-pandemic, including in many offices [...]
Royal Mail shares soar as investors cheer delivery slot shake-up June 7, 2021 Investors have cheered a move by Royal Mail to compete head-to-head with Amazon by allowing customers to choose timed delivery slots. Shares in London pared early gains but still closed up up 1.4 per cent at 599p after the postal firm revealed plans for a system allowing customers to pay more to send and receive [...]
Avoiding the great resignation will require some creative thinking June 7, 2021 They’re calling it “The Great Resignation” – the fear of a tsunami of departures from City firms as battalions of workers change jobs post-pandemic. One survey suggested that as many as 40 per cent of employees are considering moving on in the next six to twelve months. Some say they just can’t stomach the anxiety [...]
Priti Patel blames Facebook and TikTok for increase in migrant Channel crossings June 6, 2021 Priti Patel has demanded that social media giants like Facebook, Twitter and TikTok remove posts that “glamourise” illegal migrant Channel crossings. The home secretary has written to a swathe of online giants to demand they “put an end to the exploitation of your platforms by criminals involved in organised immigration crime”. Her letters came after it emerged [...]