Weekend Read: Growing number of companies opt for four-day week as Brits want better work-life balance January 15, 2022 After Atom Bank said it planned to introduce a four-day working week, at the end of last year, a growing number of companies are looking to introduce the so-called ‘4-3 model’. Panasonic and Bolt have become the latest employers to shave off one day a week. They are following the trend that more and more Brits [...]
Exclusive: Mayor of Newham Rokhsana Fiaz OBE on why local boroughs should capitalise on Londoners’ data January 15, 2022 Having received £40m from the Government’s levelling up fund to help build a ‘data corridor’ in London, Rokhsana Fiaz, the Mayor of Newham, argues open data is vital for the capital’s economy. The Council recently launched ‘Newham Sparks’, an initiative to attract investors to develop a data corridor in London, targeted at businesses working in [...]
Binance chief ranks among the world’s richest billionaires January 14, 2022 The chief executive of Binance, the world's largest crypto exchange, now ranks among the world's richest billionaires.
Google feels lucky in London: Tech giant bets big on London office space in major boost for capital’s global status January 14, 2022 Google is set to pump almost three quarters of a billion into London in a major vote of confidence in the capital’s post-Brexit future. The tech giant has snapped up the entirety of the Central Saint Giles development in which it currently leases office space, marking a major step change in the firm’s commitment to [...]
Three great companies that are hiring right now January 13, 2022 If you’re planning to change jobs in 2022, then you have certainly come to the right place. Our lovely job board is set to be bursting with amazing opportunities this year, and we’re excited to share them with you! This week, we’re shining a bit of a spotlight on some of the brilliant companies that [...]
Demand for staff swelling: Frantic recruitment efforts as vacancies climb but job candidates dry up January 13, 2022 Demand for staff is growing across the country amid a continued fall in the number of candidates for jobs, new research suggests. Recruiters warned this morning they are placing record numbers of permanent and temporary workers into jobs as demand for staff continues to grow across the country. Meanwhile, the number of available job candidates [...]
Hilton Food Group shares flat as company performs ‘in line’ with expectations January 13, 2022 Hilton Food Group's shares are flat today after the company announced it performed "in line" with the board's expectations last year.
‘Firefighting every day’ in sector in crisis: Social care providers reject new clients as staff shortages spiral out of control January 13, 2022 New client requests are rejected while existing care packages are handed back as social care providers are overwhelmed by staffing shortages, according to a new survey shared with City PM this morning. Two thirds of home care providers are turning away new requests for care while a fifth are handing back care packages, according to [...]
Terry Smith has a point – and the rest of the City should listen too January 13, 2022 Earlier this week we called for more plain speaking in the business world. Terry Smith, the legendary fund manager, has rarely needed such a nudge. Unilever, he said in his letter to investors this week, has “clearly lost the plot.” Smith’s beef was an effort to define the purpose of Hellmann’s mayonnaise. Regardless of whether [...]
Exclusive: Calls to boost morale and productivity via hybrid working to unlock £55bn and 51,000 jobs January 13, 2022 The £37bn that is contributed to the economy annually through flexible working could be doubled if companies roll out more hybrid working options, according to new research, shared exclusively with City PM this morning. In fact, refusing to accommodate flexible working requests costs businesses £2bn a year, the report found, complementing a separate report from [...]
