City Moves: Who is switching jobs in the Square Mile this week? March 10, 2021 Snakes and Ladders provides a roundup of the most important hires and job moves across the City, every Wednesday afternoon. Email [email protected] to be featured. New strategy director joins Wates Construction Wates Construction Group has appointed a new strategy and integration director for its recently formed group of businesses Wates Integrated Construction Services (WICS). Joining the London office, [...]
Who leaves you hanging? In London, it’s banks March 10, 2021 Banks are the worst at answering customer service calls in the capital, with 33 per cent of Londoners saying it is financial institutions that led them wait the longest, if they are able to get through at all. A new Moneypenny survey, revealing the organisations that are worst at answering the phone, singled out utility [...]
Serving Met Police officer arrested over disappearance of London woman March 10, 2021 A serving Metropolitan Police officer has been arrested over the disappearance of Sarah Everard, a 33-year-old woman who was last seen a week ago. Everard was last seen at 9:30pm on Wednesday 3 March, when she walked home from a friend’s house in Clapham, South London. In a statement, Assistant Commissioner Nick Ephgrave called the [...]
Legal & General confident in long-term goals despite 2020 profit dip March 10, 2021 Legal & General today reported a drop in full year profits but the firm said it remained on course to meet its five-year ambitions. The London-based asset manager said operating profit fell three per cent to £2.2bn, while pre-tax profit was down 12 per cent to £1.6bn. The company said the drop reflected the impact [...]
Money mule criminals increasingly target cash-strapped youth during Covid lockdown, report finds March 10, 2021 Money mule criminals use fake online job adverts to target cash strapped youngsters
HSBC launches £15bn lending fund for British SMEs March 10, 2021 HSBC has today launched a new £15bn fund to help UK SMEs through the economic recovery. The fund, which includes over £10bn of regionally focussed allocations, seeks to move away from the “traditional” London focus and drive growth in regions across the country. “The past 12 months have highlighted the challenges many small businesses face. [...]
Euros football tournament could mark post-Covid ‘London renaissance’, says minister March 9, 2021 Euros football tournament could mark post-Covid 'London renaissance', says minister
City office floorspace surges as developers back the Square Mile’s future March 9, 2021 | City Talk Canada Corporation has today (9 March) revealed that, so far this year, it has given planning consent for the equivalent of almost 80% of the total office floorspace it approved for the whole of last year; demonstrating the City office market remains resilient despite new ways of working being adopted throughout the coronavirus pandemic. The City [...]
Covid court backlogs leave victims waiting years for justice, watchdog warns March 9, 2021 Court dates pushed back to 2023 are having “major consequences for victims and witnesses”, a prosecution watchdog has found, as backlogs due the pandemic continue. Delays exacerbated by restrictions have impacted people’s ability to recall events and could lead to less people willing to provide evidence, sparking concern over a “major risk for public confidence”, [...]
BP to keep partial work-from-home policy as oil major seeks to cut office costs March 8, 2021 BP plans to extend remote working as a further cost saving measure affecting 25,000 staff