From Veganuary to Dryathlons, so begins the month of self-inflicted misery… January 4, 2019 The first few weeks of the year are when the office mood is at its glummest. Blue Monday, a concept created in 2005 (albeit by a holiday company trying to get people to book), and billed as “the most depressing day of the year” falls soon. No one agrees if it’s the second or third [...]
Why 2019 will not mark the death of the high street January 2, 2019 When HMV went into administration in 2013, disgruntled employees used the retailer’s Twitter account to give live updates of the “mass execution” at the beleaguered music firm. However, ahead of last week’s announcement that the the 97-year-old business was collapsing for a second time, passwords for all its social media accounts were changed to avoid [...]
Stock predictions 2019: Which stocks and shares will do well this year? January 2, 2019 After a tumultuous year in the markets with Brexit uncertainty, the threat of trade war and rapidly changing consumer habits, the FTSE 100 suffered its worst year since the financial crisis in 2018, ending it 12.5 per cent down. While there is no sign that 2019 will be any less eventful, with the date Britain [...]
Royal Bank of Scotland lines up female interim chief financial officer for permanent role, reports December 18, 2018 Royal Bank of Scotland (RBS) reportedly is on the cusp of shaking up the male-dominated boardrooms of the country’s biggest banks by naming interim chief financial officer (CFO) Katie Murray as its permanent head of finance. The bank is waiting for approval by banking watchdog the Prudential Regulation Authority (PRA) before naming Murray as CFO, [...]
Office Space: Behind the scenes of the Soho headquarters of games developer King, the creators of Candy Crush December 18, 2018 The bright yellow King logo above the entrance to a London office on Wardour Street must trigger some kind of Pavlovian response in the pedestrians who pass by it every day. King is the studio responsible for Candy Crush, which is less a game than a global phenomenon. Since its launch in 2012, games in [...]
Laura Ashley shares fall as it prepares to shutter 40 UK stores in fresh growth strategy December 17, 2018 British fashion retailer Laura Ashley is preparing to close 40 more stores in the UK, as it looks eastward for further business growth. The home furnishings chain, which is owned by Malaysian United Industries (MUI), has closed around 40 stores to date since 2015, and is set to double that. MUI's freshly appointed executive chairman [...]
How automation can improve the millennial working experience December 17, 2018 Automation is set to surge in impact over the next few years, nowhere more so than in the world of work. While this represents a huge opportunity for economic growth, some employers are concerned that certain jobs may be at risk of being replaced by bots. At the same time, employers are managing the challenges [...]
Brexit: The EU referendum cost the taxpayer £129m to carry out December 14, 2018 The EU referendum in 2016 cost taxpayers £129.1m, the Electoral Commission has revealed. The UK's electoral watchdog said today that the biggest cost was administering the poll, which included the running of 40,000 polling stations, issuing postal votes and counting votes on the day, and totalled £94.5m. There were also statutory grants of £1.2m to both the [...]
Confronting the Robots December 13, 2018 Professor Peter Fleming, formerly of Cass Business School, wrote an article for Demos Quarterly which argued that the age of automation is unlikely to lead to a utopian world of play, but doesn't necessarily mean a proliferation of rubbish jobs. You can read the article in full here. Dr Simone Stumpf, Senior Lecturer in the Department of [...]
Brexit Live: Theresa May survives vote of no confidence December 12, 2018 Prime Minister Theresa May faces a challenge to her leadership after the threshold for triggering a vote of no confidence was reached this morning. Welcome to today’s City A.M. Brexit live blog. This post is being updated. Please refresh for the latest version. A vote will be held tonight between 6pm and 8pm after Sir Graham [...]