Recruitment stays steady following referendum, but salaries on offer take a knock August 30, 2016 Professional hiring has remained sturdy despite the referendum result, but salaries on offer are no longer so favourable, figures out today show. The Association of Professional Staffing Companies (Apsco) study found permanent vacancies inched up by 0.2 per cent in July compared with the year before, although contract vacancies dipped by two per cent. However, the [...]
There’s a new London Tube map showing your steps between stations August 29, 2016 A new map of the London Underground has been created to show travellers exactly how close stations are in the centre of the capital and get them walking across the city instead. The map shows the number of steps between the stations across zones one and two, demonstrating how locations such as Charing Cross Station and [...]
Sterling nears three-week high on strong data August 26, 2016 Sterling hovered near a three-week high against the dollar this morning, after receiving a boost from strong economic data which showed investment was moving in the right direction. The pound was on track for its best weekly performance in six weeks against the euro, having hit a two-week high on Wednesday, although at pixel time [...]
GMB union goes to war with Addison Lee over driver dismissals August 25, 2016 The GMB union has launched legal action against London private car hire company Addison Lee over the dismissal of three drivers. The challenge – which relates to contracts that were terminated earlier this year – is understood to be a test case for the union which could lead to action against hundreds of former drivers. The drivers were dismissed following protests [...]
Losses mount at US department store Sears as it takes another cash injection August 25, 2016 US department store Sears has posted another loss for its latest quarter, setting it on the way to its seventh consecutive year in the red. To make matters worse Sears has had to again dip into its chief executive’s hedge fund for a cash injection, helping itself to $300m (£227.4m) in debt financing from ESL Investments. Adding to the [...]
May under pressure to ditch target as net migration still above 300,000 August 25, 2016 Theresa May has come under fresh pressure to scrap her target to cut migration as the latest figures showed net migration is still running at more than three times the government's official "tens of thousands" target In the year to March 2016, net migration – the difference between the number of arrivals and departures – came in at 327,000 [...]
Just received your GCSE results? No need to get A-Levels – get into the City with these apprenticeships at Lloyds, HSBC, PwC – and a new government department August 25, 2016 Those opening their GCSE results today will, for the most part, be planning to do A-Levels next year – particularly if they have ambitions in the City. But what if you could work for one of the UK's largest finance sector organisations without suffering through another two years of academia? We've rounded up the City's [...]
Google, Facebook and Twitter blasted over failure to tackle online extremism August 25, 2016 The world's biggest tech companies have been blasted by MPs for failing to do enough to tackle extremism which appears in videos and messages posted online. Google, Facebook and Twitter have have been accused of "consciously failing" to tackle the incitement of extremism, despite multi-million pound profits, by a group of MPs on the home affairs select [...]
Is Labour’s Owen Smith right that there should be another referendum on the Brexit deal? August 25, 2016 Chris Rumfitt, founder and chief executive of Field Consulting, says Yes. “Brexit means Brexit” declared our new Prime Minister Theresa May upon taking office. The only problem with that statement is that at no point during the referendum campaign did that word Brexit get defined. Single Market membership? European Economic Area membership? Basic World Trade Organisation [...]
The US is not happy about the EU’s crackdown on tech giants’ tax arrangements August 24, 2016 Top officials in the US have raised concerns over Europe's probes into the tax arrangements of companies such as Apple, an investigation of which is due to be wrapped up imminently and could result in a multi-billion pound bill for the tech company. The US Treasury argues it will create an "unfortunate" precedent in international tax policies and leave taxpayers [...]