Pinsent Masons cuts desk space in Edinburgh after moving to new offices February 15, 2022 Pinsent Mason’s has cut the number of desks available to staff in its Edinburgh offices, after moving in to new premises, in a bid to free up space and adapt to the future of hybrid working. The London headquartered law firm is set to cut its desk space by 20 per cent, in seeking to [...]
Britain more productive than before Covid-19 crisis February 15, 2022 Britain is even more productive than it was before the Covid-19 crisis struck, reveals official figures released today. The UK produced 2.3 per cent more goods and services per hour worked compared to before the pandemic, according to figures from the Office for National Statistics (ONS). Each worker is capable of producing 0.8 per cent [...]
UK must ‘get used to’ soaring inflation eroding living standards February 15, 2022 Soaring inflation eroding Brits’ living standards is something the country needs “to get used to,” the City’s top economists warned yesterday. The alert was sparked by fresh jobs figures published yesterday indicating take home pay already being squeezed by the cost of living crisis is a sign of things to come. Real earnings slid 1.2 [...]
Ofcom calls on broadband firms to provide low income homes with support packages February 15, 2022 Ofcom has called on all broadband companies to better support low income households, suggesting the use of “social tariffs” across the board. These special discounted broadband packages are available to an estimated 4.2 million households in receipt of Universal Credit. However, only 55,000 homes have taken advantage of these discounted rates so far – just [...]
North/South Divide February 15, 2022 The way in which countries in the Asia Pacific region dealt with the coronavirus pandemic is well documented. Governments in that region reacted swiftly and implemented strict lockdown measures to curb the spread of the virus. However, the recovery and pace of growth has not been uniform across the region, with North Asian countries outperforming [...]
Explainer-in-brief: Fracking problems on the horizon for net zero February 15, 2022 The latest flashpoint over the cost of green policies has been about fracking – a way to extract natural gas and oil from shale by pumping a water mixture down into the earth. Around 30 Tory MPs and peers, including Lord Frost, are calling for the ban on fracking to be scrapped. They argue that [...]
Workers in these sectors could be owed thousands from HMRC as cost of living set to spiral February 15, 2022 With the cost of living set to spiral, research by tax refund experts, accountants have told City A.M. this morning many UK workers are unaware of the thousands of pounds they could be owed via a tax refund, particularly those working within construction, security, in offshore oil and gas or within the armed forces. It’s shaping [...]
If London is the heart of our economy, more TfL fare rises will cut off the blood supply February 15, 2022 From March, every bus or train journey within Zone 1 will go up 10p, after Sadiq Khan announced yesterday that Transport for London fares would rise by almost 5 per cent. For Londoners, this means the average 3-day-a-week commute will go up by £30 a year, on top of rising food and energy prices. It [...]
Britain’s productivity has been battered by the scarcity of affordable homes in cities February 15, 2022 Londoners are feeling the squeeze. The Bank of England has forecast the biggest annual fall in living standards for at least three decades: energy costs are surging, and rents are going up by 5.5 per cent. The high cost of housing leads to a worse quality of life in familiar ways, through lower disposable incomes, [...]
Meet the hackers helping people recover lost crypto assets February 15, 2022 Would you trust hackers you met over the internet to break into your crypto account and recover lost funds?