Articles
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1 week ago |
ca.finance.yahoo.com | Louis Goss
HSBC is facing the prospect of a major desk shortage at its new City of London headquarters after forcing staff back into the office three days a week. Senior managers at the lender are predicting a shortfall of up to 7,700 desks when workers move into the bank’s new offices near St Paul’s Cathedral in 2027. The shortfall, first reported by Bloomberg, comes after HSBC called on staff to return to the office for three days a week as well as an expansion in the size of its workforce.
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1 week ago |
yahoo.com | Louis Goss
Tens of thousands of uninsurable homes risk being built on flood plains across the UK under Angela Rayner’s housing blitz, experts have warned. The Association for British Insurers (ABI) said the Government’s efforts to build 1.5m homes over the next five years could include houses built in some of the UK’s highest-risk areas. Louise Clark, the ABI manager, said: “We are concerned that in order to build that level of housing, some decisions are going to be taken to build in flood zones.
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1 week ago |
telegraph.co.uk | Louis Goss
Building in high-risk flood zones is discouraged by the ABI, which is calling for stricter rules blocking the practice. The ABI is also calling on the Government to invest £1bn annually on new flood defences, including concrete barriers, to protect houses in areas that face significant risks of flooding. Ms Clark said: "We're looking for a commitment to spend at least £1bn a year on flood defences to protect both new and existing homes.
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1 week ago |
telegraph.co.uk | Louis Goss
The European Union has vowed to end all imports of Russian energy by 2027 in a push to make Vladimir Putin "pay" for his war in Ukraine. Policymakers in Brussels said the bloc will end all purchases of Russian oil, gas and nuclear energy over the next two years, stepping up attempts to sever ties with the Kremlin following its invasion in 2022.
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2 weeks ago |
telegraph.co.uk | Louis Goss
In the UK, the accountancy separately launched a round of "silent lay-offs" last June, with staff who lost their jobs told not to tell colleagues about why they were leaving, the Financial Times reported. A spokesman told the FT at the time that PwC needed to "keep the shape of our business under review to respond to changing client demand, attrition rates and new opportunities".
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