Investors inject £3bn into central London offices in third quarter October 4, 2021 Investor interest in central London office buildings has returned with a vengeance, with spend surpassing pre-pandemic levels. Around £1.5bn was spent on City office buildings in the three months to September 30, according to preliminary data from real estate advisors JLL, compiled for the Evening Standard. It comes as office workers have made their return [...]
Tsunami of turnover: Half of UK employers brace themselves for widespread employee ‘burnout’ October 4, 2021 The dramatic changes that the pandemic has brought about is prompting nearly one in two UK employers to prepare themselves for widespread employee ‘burnout’ next year. Nine out of 10 of 300 chief executives and other senior managers surveyed said they were wary about their company’s ability to retain valued staff. Recruiter Robert Half said [...]
UK businesses’ research and development investments climb to record £47bn October 4, 2021 The amount spent by UK businesses on research and development has jumped 15 per cent to £47bn last year, a record high and up from £41bn the year before, according to new data shared with City PM this morning. says UHY Hacker Young, the national accountancy group. The figures show that UK businesses also claimed [...]
Global Group UK Investor Summit kicks off tomorrow October 1, 2021 The UK Investor team are hosting their first in-person event in two years, launching the Global Group UK Investor Summit tomorrow. The Summit will take place at the StoneX Stadium, home of Saracens Rugby Club, in north west London. Several high profile entrepreneurs and business leaders will be speaking at the Summit, including: Allan Leighton, [...]
Sit down: The CEO of the UK’s first-ever space flight regulator October 1, 2021 The UK’s recently unveiled space regulations mark a “really important milestone” for the country as an island emerging from a pandemic following Brexit, the boss of the UK’s aviation watchdog has told City PM Civil Aviation Authority (CAA) boss Richard Moriarty – the regulator now responsible for space flight – explained fresh rules governing the [...]
City Moves: Who’s switching jobs in the Square Mile today? October 1, 2021 City A.M.’s Millie Turner provides a roundup of the most important hires and job moves across the City, every morning. Email [email protected] to be featured. L.E.K. Consulting L.E.K. Consulting has elected its next Global Managing Partner – the top leadership position in the partnership. Based in London, Clay Heskett has been elected to the global leadership position from the management consulting firm’s [...]
Natwest chairman Sir Howard Davies on the ‘pandexit’ to China, levelling-up and crypto September 30, 2021 Sir Howard Davies is as near as the UK gets to the continental ideal of a polymath who is equally at home in the worlds of arts, industry, finance and politics. While currently serving as the chairman of banking giant Natwest, he is a former director of the LSE, a professor at Sciences Po in [...]
New climate action course will help City SMEs go net zero September 30, 2021 | City Talk Applications have opened for a free course aimed at helping small and medium-sized businesses in Canada play their part in tackling global warming. The course – Climate 4 SMEs: 4 Steps to Action – is open to businesses of between nine and 249 employees which are either based in or operate in [...]
Better-than-expected recovery for Guinness maker Diageo despite supply chain woes September 30, 2021 Guinness maker Diageo reported this morning strong recent trading with a better-than-expected recovery in Europe despite mounting supply chain woes. Shares in the FTSE 100 listed group are up by nearly 3 per cent. The group, which also makes Gordon’s gin and Smirnoff vodka, said it was seeing a solid start to its new financial [...]
City Moves: Who’s switching jobs in the Square Mile today? September 30, 2021 City A.M.’s Millie Turner provides a roundup of the most important hires and job moves across the City, every morning. Email [email protected] to be featured. GAM GAM Investments has hired a former BlackRock Director for its newly created role of Head of Global Consultant Relations. Reporting to Global Head of Institutional Solutions Jill Barber, incoming lead Mary Murphy will help build strategic [...]
