Remote living has eroded our empathy and executives must find a way to understand their staff April 25, 2021 It is difficult to count what we have lost during the pandemic. We’ve lost jobs, loved ones, incomes and our social lives. Living and working remotely has also meant we are losing our empathy for colleagues. This is especially true of business leaders and executives who need to be able to understand the problems their [...]
Sunday Sitdown: ‘Skittish’ banks need to up their game, says CEO of Ezbob April 25, 2021 Following a nightmare year that was hugely disrupted by the pandemic and three subsequent lockdowns, the City is slowly switching into recovery mode as the economy starts to re-open and many sectors are coming back to life. To discuss the way back up, City A.M. sits down with Tomer Guriel, chief executive of Marble Arch-based [...]
Submarine disaster: Oxygen supply on Indonesian vessel has run out with no sign of life April 24, 2021 The oxygen supply for the 53 crew members of an Indonesian submarine missing in waters off Bali is believed to have run out with no sign of the vessel. The search for the KRI Nanggala 402 resumed earlier this morning, bolstered by the arrival of a sonar-equipped Australian warship. It went missing after its last [...]
Convicted postmasters have names cleared of theft April 23, 2021 A total 39 former postmasters who were accused of stealing money have finally had their names cleared, after a years-long battle for justice. The former Post Office workers with accused of theft and false accounting, with some imprisoned, because of a faulty computer system that was installed in 1999. Between 2000 and 2014, the Post [...]
Covid transmission from human-to-cat is possible, scientists confirm April 23, 2021 Two cases of human-to-cat transmission of Covid-19 have been identified by researchers from the University of Glasgow as part of a screening programme. The cats, of different breeds, were living in separate households and displayed mild to severe respiratory signs. Researchers believe both pets were infected by their owners, who had Covid-19 symptoms before the [...]
Fear for the office emerges as Covid sufferers are reluctant to return April 23, 2021 More than a year after the first Covid-19 lockdown, a new trend is emerging among Brits who have been working from home, a genuine fear for the office, according to a new study shared with City A.M. Amongst Brits that now work from home, this trend is more prevalent among those who previously tested positive [...]
Bank of England plots closure of Leeds distribution centre April 22, 2021 The Bank of England is closing its cash distribution hub in Leeds but plans to open another centre in the North. The central bank said that the dwindling use of cash, alongside the new polymer notes, would slash demand for distribution. The bank said its Leeds centre is set to close when the lease expires [...]
Informa pins hopes on exhibition return as it swings to £1.1bn loss April 22, 2021 Informa today said it was hoping for a gradual return of exhibitions this year after the Covid-19 shutdown pushed the events group to a hefty loss. The FTSE 100 company swung to a £1.1bn pre-tax loss in 2020, compared to a profit of £318m the previous year. Adjusted operating profit came in at £268m, down [...]
Wizz Air redundancies ‘dangerously influenced’ flight safety culture claims whistleblower April 22, 2021 Covid-19-related redundancies at Wizz Air “dangerously influenced” flight safety culture, a whistleblower has claimed, after the way in which staff were selected for redundancy left them worried to call in sick. Last April London-listed Wizz Air laid off around 1,000 staff – around 20 per cent of its workforce – after a travel shutdown caused [...]
As the City reopens, small businesses reliant on office workers cross their fingers and hope April 21, 2021 As the City reopens, small businesses reliant on office workers cross their fingers