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 [...]
British Airways owner IAG boosts liquidity with €800m convertible bond May 11, 2021 British Airways owner IAG is tapping investors for €800m to strengthen its balance sheet and take advantage of the easing of restrictions this summer. The FTSE-listed company has been hit hard by the pandemic with most of its fleet grounded due to travel restrictions. It has a weekly cash burn rate of €175m meaning its [...]
Half of British workers expect bosses to enforce mandatory jabs, survey shows May 11, 2021 Half of Britain’s workers expect their bosses to demand a vaccine passport before they can return to the workplace, according to a new study. The research, conducted by BrightHR, studied 5,000 British workers across various sectors. It found that just 17 per cent of employees have had a conversation about their companies’ policy on vaccines, [...]
90 per cent of businesses may replace staff who struggle to work from home May 10, 2021 As businesses are gradually planning for a ‘new normal’ post-Covid, this is likely to impact recruitment decisions over the next 12 months. The vast majority of companies – namely 90 percent – that was surveyed by expenses firm Expense On Demand indicated that they are likely to replace staff who were unable or struggled to [...]
Exclusive: Quarter of UK businesses to close or downsize offices as UK embraces hybrid working May 10, 2021 More than a quarter (26%) of UK businesses will either close, downsize or consolidate their offices in the coming months, as companies move to hybrid working models. More than half (53%) of businesses plan to offer more flexible or remote working policies, while 30 per cent are expecting employees in the office between one and [...]
Everything you need to know before catching the Paris Eurostar May 10, 2021 Remember when all you needed to leave the country was a ticket and your passport? Quite apart from the fact that holidays remain illegal, even if you do have a “reasonable excuse” to travel – say, for work – the paperwork required is extremely complicated and the Covid testing both inconvenient and costly (I needed [...]