Recruitment industry now worth £31.5bn, up nearly 10pc from the year before, but skills shortages could create problems November 19, 2015 Recruitment is now a £31.5bn industry, up 9.7 per cent compared to last year. According to a report released today by the Recruitment and Employment Confederation (REC), recruiters placed 634,000 people in a permanent post over the last year, and have helped 4m workers find a permanent role since the recession. Also, 1.2m people were [...]
City Moves for 19 November 2015 | Who’s switching jobs November 18, 2015 EY The professional services firm has appointed partner Gareth James to head up its data and analytics practice within its UK and Ireland assurance business. He joins after 18 years at Deloitte, where he was a UK risk analytics partner since 2011, specialising in and leading on audit and finance analytics. Silicon valley bank The [...]
Where can I use Apple Pay in the UK? The A-Z of shops, restaurants and apps which will accept mobile payment with iPhone 6 and 6 Plus November 17, 2015 Apple launched its mobile payment service, Apple Pay, in the UK in its first mobile payment move beyond the US, capitalising on the boom in mobile and contactless payments among consumers. iPhone 6 and 6 Plus users can now pay with just the tap of a smartphone, or Apple Watch, across the high street and [...]
Hillary Clinton’s gender problem: Playing the victim is a desperate way to win November 12, 2015 Hillary Clinton has a women problem. Usually when candidates have issues with a certain voter demographic, it comes down to their inability to connect with historically marginalised groups. But Clinton’s problem is different. Although a September Washington Post-ABC News poll found she has lost support with left-leaning women – by a massive 29 percentage [...]
Zut alors: Not a single UK company makes the Top 100 Global Innovators list again – but French firms make up 10 per cent of the list November 12, 2015 The UK may be leading the way when it comes to sectors such as fintech – but it turns out the rest of the world beats us when it comes to innovation. For the fourth year in a row, not a single UK company has been included in the Top 100 Global Innovators list. The [...]
Morrisons hires Post Office boss Paula Vennells as “restructuring” board strategist November 12, 2015 Could there be more changes in store for Morrisons? The struggling supermarket has hired Paula Vennells, the boss of the Post Office, citing her "restructuring" experience as being "invaluable". Vennells will join the board as non-executive director from 1 January. She is taking over from Johanna Waterous, who is leaving after six years. Vennells has been chief executive of [...]
Inside the rock: Gibraltar’s strategic and military importance is complemented by financial and gaming leadership November 12, 2015 Covering an area of just 6.8 square kilometres, the British Overseas Territory of Gibraltar punches well above its weight. At the last count, despite a population of only 32,000 people, it was home to 67 insurers with £9.95bn in total assets, 13 banks, 72 trust and company service providers, 14 pension fund administrators, and [...]
Megabrew is here: Now that SABMiller and AB InBev have reached a deal the real hangover begins November 11, 2015 Anheuser-Busch InBev’s £71bn takeover of SABMiller, the biggest ever British corporate merger, is poised to leave a bitter taste in the mouth with thousands of job cuts, a de-listing from the London Stock Exchange and the shuttering of SAB’s Mayfair offices all in the pipeline. AB InBev said the deal, confirmed yesterday, will result in $1.4bn (£920m) in efficiency [...]
Great Portland’s first half results boosted by mammoth Facebook letting November 11, 2015 Great Portland Estates posted record beating results in the first half of the year after Facebook agreed to take all of its office space at Rathbone Square near Tottenham Court Road, in one of its biggest lettings deals to date. The West End developer made 29 new lettings in the six months to 30 September [...]
Helmut Schmidt: As Germany loses a historic figure, the UK has lost the most Anglo-Saxon of all Chancellors at a crucial time for Brexit November 11, 2015 The death of Helmut Schmidt is a profound moment for all post-war Germans. More than any other German Chancellor, Schmidt was the incarnation of a deep commitment to his nation as a part of the European Community, but also as a strong member of the Atlantic alliance. As an inveterate workaholic, Schmidt was used to burning [...]