Boris Johnson should take a lesson from Emmanuel Macron to boost UK’s economic growth UK growth Boris Johnson should follow in the footsteps of Emmanuel Macron by ensuring Britain is made a “natural home for investors,” the Centre for Policy Studies (CPS) has said. In launching a new 10-point manifesto to boost Britain’s economic growth, the CPS published new researching showing investors are worried about the UK’s trajectory and concerned about [...]
Weekend exclusive: Kill off the CV to safeguard London’s workforce, argues recruitment guru Sunday interview Despite the Levelling Up agenda from the government, London remains the economic hub of the country. Home to the UK’s finance, legal, technology, and creative industries to name a few, it is the barometer for the activity, attitudes, and aspirations for UK plc. While City A.M. reported extensively on the risk of finance jobs leaving the City [...]
Homeworking on the rise as growing number of employers introduce hybrid models for staff weekend read The pandemic has sparked a permanent increase in homeworking, with support from employers and staff for changes to working practices, according to a new report. The TUC said many workplaces and workers are still trialling new arrangements for homeworking and hybrid working and negotiating long-term policies. But there is evidence in support of change, with [...]
Fewer unemployed people than job vacancies: Jobless rate lowest since 1974 with 121,000 more Brits on payrolls May 17, 2022 The number of UK workers on payrolls rose by 121,000 between March and April to 29.5m, the Office for National Statistics said this morning. It means Britain’s jobless rate has fallen to its lowest level for over 47 years but workers have seen their pay fall further behind rocketing inflation, according to official figures. The [...]
Recruiters in overdrive as number of job adverts skyrockets: 1.8m vacancies now up for grabs May 5, 2022 The number of job adverts continues to increase, showing how firms are “eager” to hire new staff, according to data shared with City A.M. this morning. There were 1.8m vacancies advertised in the week to May 1, around 15 per cent more than the same period last month. The Recruitment and Employment Confederation (REC) said [...]
Insurance sector launches hiring spree amid surge in flooding and Covid linked claims April 19, 2022 Vacancies for jobs in the insurance sector hit record highs at the start of 2022 on the back of a surge in claims linked to flooding and Covid-19. The UK’s biggest insurance companies posted more job ads in January than in any other month since the start of 2019, a new report from Vacancysoft shows. [...]
Three out of four Brits consider new job or career change as cost of living crisis messes up their lives April 4, 2022 New research shared with City A.M. this morning suggests that a record three out of four workers are considering a new job because of the cost-of-living crisis. Jobs site CV-Library said its study indicated that pay was now the main driver for people thinking of finding different work. Its survey of more than 4,000 professional [...]
Automation and decarbonisation could further deepen poverty in London March 14, 2022 Increasing automation and a move to a greener economy could further deepen inequality in the capital post-pandemic. The gap between’s London’s poorest and richest widened during coronavirus, with people claiming unemployment benefit substantially above the national average. As companies seek to recoup lost profits from the pandemic, many are turning to automation of roles, thanks [...]
Four in ten Brits consider job change to counter higher cost of living and rising inflation March 11, 2022 Almost forty per cent of people polled this week have considered changing jobs to counter rising inflation and costs of living. Pressures are showing on people’s wages and mental health, with leading employment board Totaljobs urging employers to support their workers through difficult financial times. In a survey published this week, 37 per cent of [...]
UK-based Chinese companies suffered from global instability last year, new research shows February 25, 2022 Revenues generated by Chinese companies working in Britain have dropped by almost a third, due to global instability and the impacts of Covid-19, according to new research. Chinese companies employed 61,000 UK residents contributed £63bn to the British economy in 2021, according to new figures from the Tou Ying Tracker. The £63bn in revenues generated [...]