Government to crack down on developers trying to dodge cladding contributions with new powers for courts February 14, 2022 The government has announced amendments to its building safety bill which will allow cladding companies to be sued for defective products. The amendments also confirm the government’s intentions to block firms from the market if they do not financially contribute to remediations on buildings with unsafe cladding. The department for levelling up, housing and communities [...]
Valentine’s Day: The stocks and companies that have stolen City fund managers’ hearts February 14, 2022 As it is Valentine’s Day, City A.M. checked in with several City-based fund managers to reflect on the investments that have stolen their hearts in recent times. For Ken Wotton, co-manager of the LF Gresham House UK Multi Cap Income Fund, Smart Metering Systems (SMS) stands out. The company installs and operates smart meters and [...]
Young workers cooped up in flats have budgets squeezed by home working February 14, 2022 Young renters cooped up in small flats amid working from home orders during the pandemic have had their budgets squeezed, revealed official figures released today. Almost every person in the UK living in rented housing was hit with higher energy bills, according to research by the Office for National Statistics (ONS). Younger workers just starting [...]
Former UK ambassador in Nepal found dead in forest while working on Govt Covid task force February 14, 2022 Britain’s former ambassador in Nepal was found dead in a forest vanished from his home after suffering extreme stress while working for the Government’s Covid taskforce at the height of the pandemic, an inquest has heard. Richard Morris worked long hours under high pressure, helping co-ordinate briefings to ministers at a time when the UK [...]
HydrogenOne backs fuel cell specialists with £10m investment February 14, 2022 HydrogenOne Capital Growth has invested £10m for a minority stake in fuel cell innovation company Bramble Energy.
Exclusive: Business tax reliefs jump to record £94bn as number of available reliefs grows to 57 February 14, 2022 The value of tax reliefs claimed by UK businesses reached a record £93.7bn last year, up another 5 per cent from the £89.3bn claimed the year before, according to new data shared exclusively with City A.M. today. The growth in the value of business tax reliefs claimed has been driven by the rise in the number [...]
Britain’s most wanted: ‘Do not approach Paul Robson’ warn police as manhunt launches for dangerous sex offender February 14, 2022 Police have said a manhunt has been launched for a convicted sex offender who “presents a particular danger to women and young children”. Paul Robson, who is serving a life sentence for attempted rape and indecent assault, absconded from an open prison in Lincolnshire and was reported missing at around 7am on Sunday, Lincolnshire Police [...]
Office space cleans up: How offices can better serve their workers February 14, 2022 Ask 10 different people what they would want from their ideal working environment and you’d likely receive 10 different answers. For most people, the various merits of ‘Working from home’ against ‘The office’ are measured against myriad very personal circumstances – whether you have ample desk space, kids at home or stable wi-fi. Yet, much [...]
Business travel: What does 2022 hold for your work trips? February 14, 2022 A combination of factors will determine how often we will be packing a suitcase this year. Firstly, heightened sensitivity around carbon footprints will drive businesses to be more responsible and look carefully at the number of flights employees are taking. When Zoom will suffice, that lunch in Brussels may not cut the mustard (although there [...]
Workers flood back to the office after end of Plan B curbs February 14, 2022 Workers are flooding back to the office after the government scrapped Plan B curbs last month, fresh figures published today reveal. The number of Brits shifting from their bedroom and kitchen desks and heading back to their firm’s office shot up 50 per cent in the final week of January, according to office provider IWG. [...]