Strikes happening TODAY: Hundreds of thousands of school and rail workers walk out as students and commuters left stranded February 1, 2023 Hundreds of thousands of workers – including school teachers – are going on strike for what will be the biggest day of industrial action in more than a decade. Teachers in England and Wales, who are members of the National Education Union (NEU), will embark on their first day of strikes on Wednesday, which threaten to disrupt more [...]
Tech Nation’s fall must not mean the end of UK’s global talent visa February 1, 2023 The future of Britain’s global talent visa – otherwise known as the tech visa – is in doubt after the winding down of Tech Nation. It shouldn’t be. One of the successes of Britain’s transition out of the European Union has been the professional side of the immigration system. The transition for those seeking ‘settled [...]
Majority of businesses in favour of increased support for asylum seekers wanting to work February 1, 2023 A large majority of UK businesses are in favour of allowing asylum seekers to work after waiting at least six months for their claims to be processed, new figures from the International Rescue Committee (IRC) have revealed. The report, ‘From Harm to Home’, finds nearly 70 per cent of UK business ‘decision makers’ believe the [...]
In this recession, it’s the tail end set of kids starting work who aren’t alright February 1, 2023 People who started work during lockdowns escaped the fate of those entering the labour market in 2008, but it’s the young people still at university we need to be worried about, writes Sascha O’Sullivan.
Tech Nation to shut down after government controversially gives funding to Barclays January 31, 2023 Start-up network Tech Nation is to be wound down after the government controversially withdrew its funding and handed it to Barclays, the organisation announced today. Tech Nation, founded by the coalition government in 2010, said it would cease operations from the end of March after the Department for Culture Media and Sport confirmed it had [...]
Hospitality braces for £100m in lost sales ahead of biggest day of strikes in over a decade January 30, 2023 Retail and hospitality figures have described strike action set to take place on Wednesday as “damaging” to the sector and “entirely avoidable”. Kate Nicholls, chief executive of UKHospitality told City A.M. she estimates union strikes this week will set the sector back a further £100m in lost sales, with “much of that impact being felt [...]
Caffe Nero shrugs off inflation as Brits’ coffee habits drive sales of £150m January 30, 2023 Caffe Nero generated UK sales of £150m for the first half of the financial year, averaging 104 per cent of pre-pandemic levels and an increase of 17 per cent for the same period in 2021. The coffee chain added Deliveroo and Just Eat to its delivery partner service last year, which it said helped secure [...]
Premier League’s first NFT partnership explained: Inside the £120m deal with Sorare January 30, 2023 The Premier League has taken its first step into the NFT market by agreeing a deal with fantasy gaming and digital collectible platform Sorare. After more than a year of deliberations, English football’s top division has signed a four-year contract worth around £30m annually which includes an option to take equity in the French company. [...]
House prices: Zoopla says UK property market is off to ‘slow burn start’ with London flats in most demand January 30, 2023 The housing market in the UK has got off to a slow in 2023 with demand for cheaper, smaller properties on the rise as recession fears continue to wobble the market, according to estate agent Zoopla. Zoopla’s house price index appeared to show that buyers were holding off from entering the market and were biding [...]
Ten years on, has Here East delivered on the Olympic promise? January 28, 2023 It’s been more than a decade since the Olympics turned Stratford into London’s most talked about new destination. One project – Here East – now sits on the site of the former media centre in Stratford. So it’s high time to ask the likable Here East boss Gavin Poole whether the project has lived up [...]