WFH: ‘Like the internet before, we’re at an inflection in the history of work’ May 14, 2021 The arrival of the Covid-19 pandemic and subsequent switch to home working has put us at a pivotal moment in history that could change how we do things forever, according to a specialist. We are about to see a dramatic shift to hybrid working in a post-pandemic world, according to research director Alexia Cambon, who, [...]
Brexit transfers: Barclays, Goldman Sachs and Morgan Stanley move senior City dealmakers to the EU May 14, 2021 Investment giants Morgan Stanley, Goldman Sachs and Barclays have started to move a range of senior bankers from their offices in Canary Wharf and the City to financial hubs across the EU. Ongoing uncertainty over the UK’s access to the EU’s financial services market, combined with pandemic damage and pressure from local regulators, has led [...]
Sadiq Khan needs to get real on housing – Londoners deserve it May 14, 2021 After a surprisingly close race, Sadiq Khan has secured another term as Mayor of London. He has promised to rebuild London, post pandemic, and announced big spending plans to bring life back to the capital. Piccadilly Circus now has its very own David Hockney design. But Khan has failed to put forward a coherent policy [...]
Some post-Brexit EU jobseekers end up in detention upon arrival May 13, 2021 A small number of jobseekers arriving into the UK have been sent to immigration removal centres, held in airport detention rooms or expelled. Among them are EU citizens with job interviews in the UK, The Guardian reports. When it comes to EU citizens looking for work in the UK, some rules since Brexit are straightforward [...]
Morrisons offers lockdown entrepreneurs chance to sell products in stores May 13, 2021 Morrisons has launched a scheme to offer UK entrepreneurs the chance to sell their products in store and online as more consumers look to support small and local businesses. A record number of new businesses were set up last year – rising 13.25 per cent to 772,002 – as budding entrepreneurs used lockdown to focus [...]
Are we working more than ever? May 12, 2021 Furlough and working-from-home have dispersed workers into a diverse range of new working patterns. Social media is filled with anecdotes from workers who start their day late and finish early but still get more done by virtue of not having to commute to an office. There are those who have already returned to and embraced [...]
The Secrets We Keep: Noomi Rapace leads tense drama-thriller May 12, 2021 Noomi Rapace, star of Prometheus and the original adaptation of The Girl With The Dragon Tattoo, leads this tense drama-thriller which keeps you guessing until the end. Set in the suburbs of Post-War America, Rapace plays Maja, a Romanian immigrant happily married to mild mannered doctor Lewis (Chris Messina). Their content existence is shattered when [...]
UK GDP falls in Q1 but Sunak confident in recovery after March rebound May 12, 2021 Britain’s economy grew by a stronger-than-expected 2.1 per cent in March, picking up speed in what Chancellor Rishi Sunak expects to be a sharp economic comeback. The monthly growth beat economists’ predictions of a 1.3 per cent leap, the Office for National Statistics said this morning. “Despite a difficult start to this year, economic growth [...]
As economies reopen, inflation fears return with a vengeance May 12, 2021 London’s FTSE 100 is on course for its worst day in three weeks this afternoon amid inflation concerns. Inflation has never really been away. It’s been a central theme that has dominated conversations among economists, analysts and bankers over the past few months, and more specifically, the possibility that it is about to take off. [...]
Brexit hit: City of London suffers £2.3 trillion derivatives loss in a single month May 11, 2021 The City of London suffered a loss of £2.3 trillion in a single month in its lucrative derivatives trading market, with Wall Street trading platforms the ones that benefitted. U.S. swap-execution facilities pulled in more trades across euros, pounds and dollars in March while London experienced an exodus compared to last July, while venues in [...]