Employers shun offering remote working to new candidates August 11, 2021 Few firms are offering new candidates remote working despite many predicting changes to working practices triggered by the pandemic are here to stay, according to new figures. Recruitment site Reed said just 5.6 per cent of jobs advertised on their website mentioned hybrid working in the job description. The proportion mentioning remote working is down [...]
Britain 2030: Can the tech success story continue? August 10, 2021 As the pandemic continues to wreak havoc across the UK economy, one plucky industry has continued its upward march unabashed. In an understated but significant milestone last month, the British tech sector welcomed its 100th unicorn — a private company valued at $1bn or more — becoming the first country in Europe to do so. [...]
Londoners pay highest average inheritance tax bill in UK at over £270k August 10, 2021 Londoners pay on average the highest inheritance tax bill in the UK, according to latest official government figures. Data from HMRC shows residents in the capital paid an average of £271,820 in inheritance tax on their estates in 2018/19 upon death. Meanwhile, UK residents paid an average of £209,502 in inheritance tax in the same [...]
David Cameron was paid £7.2m by Greensill Capital before collapse August 9, 2021 David Cameron was paid a total of £7.2m over a number of years by failed supply chain finance firm Greensill Capital before it went bust in March. Documents, uncovered by the BBC Panorama, have revealed this included £3.3m he received after selling his Greensill share options in 2019. Cameron has said in the past that [...]
Number 10: No plans for ‘imminent reshuffle’ after Johnson-Sunak row August 9, 2021 Boris Johnson has no plans for an “imminent reshuffle” after reports yesterday that he threatened to demote Rishi Sunak, according to Downing Street. The Prime Minister’s spokesman today said the pair will “continue” to enjoy a “close and effective working relationship”. The Sunday Times reported that Johnson was “apoplectic” about the leaking of a letter [...]
Future of work: ‘Freedom Day’ fails to trigger mass return to the office August 9, 2021 “Freedom Day” has failed to trigger a mass return to the office, according to new data published today. Research from Remit Consulting shows the proportion of staff in the office in the UK hit 11.7 per cent in July, a meager increase from 11.1 per cent before the Work From Home guidance was dropped by [...]
Cabinet ministers plan big push to get civil servants back to Whitehall August 9, 2021 Cabinet ministers are planning a big drive to get civil servants back to the office after concerns grow regarding the lack of staff at desks. Senior cabinet ministers have expressed their concern at the number of those still working from home, with one telling The Times that career prospects should be mentioned in the drive [...]
Boris Johnson reportedly threatens to demote Rishi Sunak August 8, 2021 Boris Johnson reportedly threatened to demote Rishi Sunak earlier this week in a fiery Downing Street meeting. Johnson was said by officials in attendance to be “apoplectic” about the leaking of a letter from Sunak that criticised the Prime Minister’s borders policy. Johnson is said to have only found out about the letter from last [...]
The Office: Clean air becoming a key part of the return August 6, 2021 If London is to get back on its economic feet after the COVID-19 pandemic, it needs workers to come back to the office. Many people are saying that the future of work will be different, with employees requesting more of a balance between office and home working. Maybe so, but some employers will insist on [...]
Treasury launches £750m insurance scheme to cover Covid-related live event cancellations August 5, 2021 Costs associated with the cancellation of festivals, conferences and other live events due to Covid-related restrictions will be covered almost entirely by the government under a new £750m scheme. The Treasury will team up with Llloyd’s of London to deliver the Live Events Reinsurance Scheme, which will give companies the option of purchasing cover from [...]