This tag is associated with 33 posts

Skills Strategy and Cities – The case of London

Mayor’s vision The Mayor is determined that London becomes a city where all residents benefit from the capital’s opportunities and success, and where London’s employers and businesses can access the skills they need to succeed and compete, nationally and internationally. To achieve this, London must have a system for post-16 adult education and skills that … Continue reading

Immigration in London – Creating more jobs and delivering economic benefits

The fact base put together by London First and PwC is the most comprehensive review of the data available to date. The partnership between PwC and the ONS – the first of its kind – has enabled PwC to access and use detailed granular data from the ONS’s Virtual Micro-Laboratory. The aim of this report … Continue reading

Cities in UK – They should support economic growth to attract and retain a greater number of graduates, then it needs to

Attracting and retaining talent is increasingly critical for the success of city economies as the UK continues to specialise in ever more high-skilled, knowledge- intensive activities. And this is a big challenge for many of our cities. While the UK’s great universities are spread around the country, many graduates head straight for the bright lights … Continue reading

Education in London – 100 hours experience of work for every child from seven report suggests

School pupils in London should receive 100 hours experience of the world of work starting from the age of seven, according to London’s business leaders and politicians.  The recommendation is included in an eighty-page report, produced by the Mayor of London’s Office, the London Enterprise Panel and London Councils. The report was launched by the … Continue reading

International Students in London – £2.3 billion success story

New research from London First and PwC shows international students are a boon to the UK, bringing a net benefit of £2.3 billion to the UK economy from London universities alone. The report, London Calling: International students’ contribution to Britain’s economic growth, concludes that the capital’s higher education system is an export success story, with 92 … Continue reading

UK – More than 8.6 million people are now living in London, a record high

The Mayor of London has confirmed that the capital is now home to more people than at any time in its history. More than 8.6 million people are now living in London with the latest projections estimating that the city will be home to 11million people by 2050.  Today’s announcement confirms the capital’s status as … Continue reading

Kellogg’s / 500 Layoffs in London, Ont.

The Kellogg’s plant in London, Ont., will close by the end of 2014, resulting in the loss of more than 500 full-time jobs. The employees were told the news Tuesday during a staff meeting. “As with any project of this scope and one that impacts people, these are difficult decisions,” John Bryant, president and chief … Continue reading

London’s railways and Tube / 6,000 jobs could go

Concerns have been raised that 6,000 jobs on London’s railways and Tube could be at risk under “secret plans” being drawn up by Transport for London Continue reading

Work life balance / London vs New York

The individual – who had lived in London – regarded Europeans as lazy while New Yorkers do things differently Continue reading

UK / Tech City Startups / Skilled Manpower Shortage Is The Biggest Challenge

More than 40% of Tech City companies say a shortage of skilled workers is the biggest challenge they face, with three quarters blaming the employee shortfall for restricting growth. Research firm GFK interviewed 141 founders, chief executives, managing directors and chief operating officers of Tech City-based companies during March and April this year and also … Continue reading

Rio Tinto’s London HQ / Almost half of jobs to be cut

Mining group Rio Tinto plans to almost halve the size of its London head office, according to an internal memo seen by Reuters, cutting more than 200 jobs as it tries to slash more than $5 billion in costs by the end of next year. Rio has been reviewing high-cost office locations including London since … Continue reading

UK / Finance to cut another 18,000 jobs

Banks, insurers, asset managers and other finance firms cut 25,000 jobs in the final quarter of 2012, with banking seeing the deepest drop, the survey of 94 companies showed. The cuts will means about 132,000 jobs have been lost in the sector since the downturn began in 2008, when it employed around 1 million people, … Continue reading

UK / Amazon / 100 jobs created in London’s ‘Silicon Roundabout’

Internet retailer Amazon is to create a further 100 jobs at its new digital media development centre in London. The site opened last September in the Old Street area and concentrates on the design and development of new digital media projects. Teams working at Amazon-owned firms Pushbutton and Lovefilm are also based there. Making the … Continue reading

Hong Kong / More Financial jobs than New York or London by 2016

CEBR, the London-based economics consultancy, recently forecast Hong Kong will have more financial services jobs than New York or London by 2016, with some 262,000 positions. The Institute of Chartered Accountants in England and Wales (ICAEW) also gives its endorsement, saying Hong Kong will be the world’s premier financial job center by 2017, with 275,000 … Continue reading

Finance / 300,000 jobs gone in the past two years, more than half a million in four years

Wall Street’s cost cuts and dismissals, which have helped erase more than 300,000 financial- industry jobs in the past two years, are far from over. Citigroup Inc. (C)’s announcement yesterday of plans to eliminate 11,000 positions in units spanning equities trading to consumer banking is the latest sign of strain from a market slowdown, stiffer … Continue reading

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