Exclusive: Finance professionals want more flexible working week post-Covid April 6, 2021 People working in financial services want to see changes to their working week post-Covid, like flexible hours or choosing where to work from. More than half (54%) of financial services employees want their organisation to offer alternative working patterns such as flexible hours or the option of remote working, according to new research from Deloitte. [...]
Life in the City has been far from normal for over a year but hope is now on the horizon April 6, 2021 As we prepare for a brighter summer, the UK is entering a new recovery phase of the pandemic with our successful vaccination drive leading the way. The economy is being gradually unlocked as shops, outdoor hospitality and – mercifully for many – hairdressers in England join those preparing to reopen next week in line with [...]
Boris Johnson: Central London’s post-Covid recovery ‘may take a while’ April 5, 2021 Boris Johnson has said that central London’s economic recovery “may take a while” post-Covid as he today confirmed pubs and restaurants will reopen next Monday. Johnson said at today’s press conference that he thinks “the London economy is capable of bouncing back very strongly”, particularly “when we get the life going again in the artistic, [...]
Russia’s Sputnik news agency halts operations in Britain April 2, 2021 Russian news agency Sputnik will halt operations in Britain and move its English language service to Moscow and Washington, the media group that launched it in 2014 said on Friday, at a time when Russian-British relations have hit a low point. Rossiya Segodnya said the move was part of a plan to reorganize its international [...]
Silicon Roundabout: What will London’s tech hub look like after lockdown? April 1, 2021 The cluster of tech companies in East London, also known as Silicon Roundabout, was largely born out of the last financial crisis after soaring rents pushed companies out. This time round the fate of East London may look a little different as tech companies make remote working the norm. Remote working is here to stay [...]
Georgia was the post-Soviet beacon of hope for democracy but political turmoil could unravel it all April 1, 2021 Georgia, for so long a beacon of hope for democracy and the rule of law in the post-Soviet world, is now once more mired in a political crisis. It is a tragedy for Georgia, where polling by the Washington-based National Democratic Institute (NDI) shows that the overwhelming majority of people want their country to be [...]
Top of the shops: Asos sales growth set to continue due to lockdown gains April 1, 2021 Asos is set to report a further jump in earnings and sales as continuing lockdown restrictions have kept consumers shopping online. Revenue is expected to jump 22 per cent to around £1.95bn when it updates shareholders on its trading performance for the half year to February. Earnings are also expected to surge 135 per cent [...]
E-commerce boom sparks rush in job searches as UK vacancies hit highest level for a year April 1, 2021 Britain’s online spending boom has sparked huge rises in e-commerce job searches, according to new data from recruitment platform Indeed Flex. Indeed Flex found significant increases in job searches related to e-commerce between 1 February and 1 March. Searches for picker jobs more than doubled, while searches for warehouse positions rose by up to 82 [...]
Wall Street hits record high after FTSE 100 ends first quarter in the red March 31, 2021 Wall Street has posted its fourth consecutive quarter of gains after tech stocks pushed the S&P 500 to a record high today. The S&P 500 closed up 0.57 per cent, just shy of hitting 4,000 points for the first time as hopes of economic recovery offset a spike in US Treasury yields and the collapse [...]
Lloyd’s of London chairman teases ‘exciting’ plans for famous underwriting room March 31, 2021 Staff at Lloyd’s of London could see more flexibility introduced into their working week post-pandemic, but the iconic underwriting room will remain a core part of the London’s insurance industry, according to the chairman of the insurance marketplace. The insurance marketplace will open its underwriting room on 17 May, in line with the government easing [...]