Actively inactive: Identifying tension in the UK labour market October 16, 2020 The Covid-19 crisis and resulting responses to curb the spread of infections has caused tension to form in pockets of the UK labour market. Given how important it is to tackle economic inactivity if we are to speed the UK’s recovery, it is vital that these new labour market dynamics are recognised, and that steps [...]
How UK business leaders can help Covid-hit female entrepreneurs in Africa October 15, 2020 How far does £40 get you? In the UK, and London especially, it might buy you a meal for two, take-out coffees for the month, or a nice cosy jumper to see you through the autumn and winter months. But in sub-Saharan Africa, such an amount could be life-changing. We’re not talking about hand-outs here, [...]
A message to Rishi from entrepreneurs: Forget tax hikes and let the go-getters get going October 15, 2020 Rishi Sunak certainly deserves praise for his response to the pandemic — so far. Because, as his recent statement to the Commons showed, the real test has only just begun. We have seen the chancellor take decisive action to avoid a bonfire of jobs, and he clearly has his eyes on the future. His speech [...]
The government’s ballet dancer ad missed the mark – but let’s not write off retraining October 14, 2020 On Monday, the government faced a great deal of backlash for promoting adverts encouraging retraining — suggesting, among other things, that an aspiring ballet dancer should retrain “in cyber”. Condemned for being tone-deaf and undermining the arts sector, the criticism mirrors a similar reaction to comments made by the chancellor last week, when he claimed [...]
DEBATE: Is the government right to be encouraging artists and dancers to retrain in tech? October 13, 2020 Is the government right to be encouraging artists and dancers to retrain in tech? Leon Emirali, an entrepreneur and adviser, says YES. At some point soon, we will be left with no choice but to face up to the uncomfortable truths of this pandemic. Covid-19 is re-writing the economic rules we’ve played by for so [...]
Childcare, chores, and stereotypes: Breaking down the barriers to female entrepreneurship October 12, 2020 The Covid-19 pandemic has wreaked havoc on our economy. GDP has dropped by 20 per cent, and 7.5m people are out of work, with more job losses on the horizon. While business failure rates are currently low, as government support packages begin to be withdrawn we should expect to see more companies fold — and [...]
Act now to close the education gap — or our economy will pay the cost for years to come October 12, 2020 If there were ever any doubt about the full cost of closing schools, the answer is now clear. It is a vast price — and one that will have to be paid by the nation on both a human and a financial level for many, many years to come. Alongside the mounting national debt being [...]
JP Morgan to offer lucrative investment banking jobs to school leavers October 6, 2020 Investment bank J.P. Morgan will soon offer school leavers a fast-track route to a lucrative investment banking job, namely via one of its UK apprenticeships. The bank’s so-called four-year Level 6 Financial Services Apprenticeship programme will enable individuals to ‘earn as they learn’, provided they complete a degree in Applied Finance at the University of [...]
Bank of America picks insider for new European capital markets role October 5, 2020 Bank of America has promoted a long-standing executive to the newly created position of head of global capital markets for Europe, the Middle East and Africa. London-based Jeff Tannenbaum, who has been with the bank for more than 22 years, started his new role last week, according to an update on his LinkedIn profile. His appointment follows the departure of Sam [...]