The UK private sector is experiencing its lowest employment levels in a decade, as hiring decisions are clouded by uncertainty surrounding economic prospects amidst high interest rates and sluggish consumer demand. According to the latest data from BDO, a leading accountancy and business advisory firm, the employment index has dropped for the seventh consecutive month […]
Mark Dixon, the chief executive and founder of IWG, formerly known as Regus, is embarking on ambitious plans to open 2,000 new offices across the UK within the next five years. This substantial expansion aims to bolster IWG’s presence significantly as it gears up for a potential listing on the New York Stock Exchange. Currently […]
THIS CONTENT IS RESERVED FOR SUBSCRIBERS ONLY Subscribe now to read the latest news in your city and across Canada. Exclusive articles from Barbara Shecter, Joe O’Connor, Gabriel Friedman, Victoria Wells and others. Daily content from Financial Times, the world’s leading global business publication. Unlimited online access to read articles from Financial Post, National Post […]
Claude Littner, known for his role on “The Apprentice,” has revealed that he will no longer be a regular fixture on the show due to injuries sustained from a cycling accident three years ago. The 74-year-old businessman, who previously served as an adviser alongside Karren Brady to Lord Sugar, disclosed that he will not be […]
A recent Nationwide advertisement featuring actor Dominic West has sparked an investigation by the Advertising Standards Authority (ASA) following a complaint filed by rival bank Santander. In the advert, West portrays the head of a fictional major bank who derides customers while discussing plans for branch closures. The complaint alleges that the advertisement is misleading […]
Christian Horner, the team principal of Oracle Red Bull Racing, awaits a crucial interview on Friday regarding allegations of controlling behavior. However, the outcome of this interview, which may determine his continued leadership, might not be decided before the unveiling of Red Bull’s new Formula 1 car scheduled for February 15. The interview, conducted by […]
Barclays UK has announced the acquisition of Tesco Bank’s retail banking business for an initial sum of £600 million. The deal involves Britain’s largest supermarket group divesting its banking operations, including credit cards, loans, and savings, encompassing £8.3 billion of unsecured lending balances and £6.7 billion in customer deposits. This transition impacts 2,800 employees associated […]
Breadcrumb Trail Links Work News Financial Times Commentary: Generative AI is improving work — but employees need to be as smart as their new assistants Author of the article: Financial Times Andrew Hill Published Feb 08, 2024 • Last updated 15 minutes ago • 4 minute read Join the conversation People reflected in a window of […]
In a notable collaboration, Andy Burnham, the Labour mayor of Greater Manchester, and Andy Street, the Tory mayor of the West Midlands, have come together to present alternative plans for the abandoned section of HS2, emphasising that inaction is not viable. Taking the stage together, Burnham and Street outlined three potential options following the government’s […]
A scathing report from parliament’s spending watchdog has raised “urgent unanswered questions” regarding the cancellation of the northern leg of HS2, criticising the government’s understanding of the high-speed railway’s future operations. The Public Accounts Committee of MPs highlighted concerns that the remaining London-Birmingham line would offer “very poor value for money,” with projected costs expected […]