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Bumper pay increases set for professionals this year as companies grapple to hold onto top talent

Salaries for white collar professionals will increase by as much as 25% in the first quarter of 2022, as companies bouncing back after the Omicron-slowdown fight to hold onto their… The post Bumper pay increases set for professionals this year as companies grapple to hold onto top talent appeared first on London Business News |…

Government called on to end work from home advice

Ministers are calling on the government to end working from home guidance introduced by Plan B in an effort to boost the economy, especially in city centres deprived of vital commuter custom. The current… The post Government called on to end work from home advice appeared first on London Business News | Londonlovesbusiness.com.

London 50% more productive than any other UK region

London is over 50% more productive than any other region in the UK, according to new research from Durham University Business School. With the Conservative government’s plans to level-up the… The post London 50% more productive than any other UK region appeared first on London Business News | Londonlovesbusiness.com.

Labour would create a £600m fund for steel and ‘other key strategic industries’ which is welcomed by steel campaigners

Labour have announced that they would create a £600m contingency fund which would help firms who are struggling including “energy intensive” sectors which has been welcomed by steel campaigners. This… The post Labour would create a £600m fund for steel and ‘other key strategic industries’ which is welcomed by steel campaigners appeared first on London…

Rolls-Royce has a bumper record year for sales driven by the Ghost

Rolls-Royce Motor Cars has had a bumper year for sales in 2021 as they delivered 5,586 cars last year up by 49% on 2020, which was driven by the Ghost… The post Rolls-Royce has a bumper record year for sales driven by the Ghost appeared first on London Business News | Londonlovesbusiness.com.

Tube workers vote to strike again this time over pensions, working conditions and jobs amidst the ‘on-going financial crisis’

The Rail, Maritime and Transport (RMT) have said that 94% of their members have voted for industrial action and the dispute involves around 10,000 union members. The dispute with London… The post Tube workers vote to strike again this time over pensions, working conditions and jobs amidst the ‘on-going financial crisis’ appeared first on London…

TfL set to increase fines for contraventions on London’s red routes

Transport for London (TfL) is moving forward with plans to increase the level of the penalty charge for road contraventions from £130 to £160. Penalty charge notices (PCNs) are issued… The post TfL set to increase fines for contraventions on London’s red routes appeared first on London Business News | Londonlovesbusiness.com.

Bank of England interest rate rise drives UK pension scheme deficits down by £72bn

Deficits of UK pension schemes have fallen by around £72bn over the month to 31 December 2021 against long-term funding targets, an analysis from XPS’s DB:UK funding tracker has revealed.… The post Bank of England interest rate rise drives UK pension scheme deficits down by £72bn appeared first on London Business News | Londonlovesbusiness.com.

Record number of CFOs say increasing capital investment is a strong priority for their business in the year ahead

Finance leaders are focused on growth, with a record 37% rating an increase in capital investment as a strong priority for their business in the next 12 months, according to… The post Record number of CFOs say increasing capital investment is a strong priority for their business in the year ahead appeared first on London…

Sainsbury’s and Argos workers set to receive a £100m investment in a pay rise for ‘the brilliant job they do every day’

Sainsbury’s and Argos workers are set to receive a pay rise from 6 March as the company is to make a £100m investment into their staff. In recognition of the… The post Sainsbury’s and Argos workers set to receive a £100m investment in a pay rise for ‘the brilliant job they do every day’ appeared…

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