Day: September 28, 2016

    A report by The Boston Consulting Group after the EU vote warned that up to 80,000 jobs could be shifted out of London. The recruiters says US banks have begun hiring for roles in European cities other than London in the wake of the UK's vote to leave the EU. The executive recruitment firm said rival financial centres to the City within the bloc, Frankfurt and Paris, were seeing the bulk of the growth at London's expense. Stephane Rambosson, managing partner of DHR International, said some companies were using Brexit as a "handy excuse for getting on (with) the unpleasant task of moving jobs outside London." The findings suggest that the warnings of an exodus of jobs from the City in the event of a Leave vote are now becoming a reality. The report's publication coincided ...

    An Indian Summer is on its way with an unusually hot start to October forecast on the back of one of the warmest Septembers of recent years. The Met Office said people across most of England can expect to enjoy the first week of the month without a coat as temperatures are likely to climb above 20C. Tuesday, September 13 was the hottest September day in Britain for more than a century when the mercury soared to a blistering 34.4C in Gravesend, Kent. The average UK temperature for September over the last 30 years is 6.5C, which September this year is expected to beat comfortably by several degrees. And October will also begin with a warm spell, according to forecasters. Met Office forecaster Emma Sharples said: "There will be warmer than normal weather for the beginning of ...