Home: David Sapsted

David Sapsted

David Sapsted

Tech staff hold a tablet

UK tech jobs boom as bankers look elsewhere

Brexit and business trends mean that London is creating jobs in some sectors whilst losing jobs in others, with tech jobs, banking and financial services changing rapidly.

Pound coins piled up

Inflation stays below target - but for how long?

Inflation remains below UK government's target but upcoming pressures are likely to raise the rate in the near future.

Former chief reporter at The Times and news editor and New York correspondent for The Telegraph among other journals, David Sapsted writes sharply observed news for Relocate.

David Sapsted

Singapore skyline

Three cities rated the world's costliest for expats

The Economist Intelligence Unit's Cost of Living survey that shows top ten most expensive cities is largely split between Asia and Europe, with Singapore tied top.

Two workers shake hands

UK employment at record high despite Brexit

Despite the Brexit uncertainty companies increase their hiring adding 473,000 jobs over the last year, the lowest jobless rate since 1975.

Honk Kong skyline

Hong Kong most expensive for expat rents

Global survey of rents for expats shows European cities seeing significant increases.

Piled up pounds coins

Chancellor holds out prospect of spending spree

The Chancellor announced how he is to spend the extra funds available in the 2019 Spring Statement.

Houses of Parliament

Business leaders' anger over latest Brexit impasse

Business leaders express anger and frustration at politicians inability to break the Brexit deadlock and fear over the impacts of a no-deal.

Dublin City centre

Dublin a big winner of Brexit relocations

Brexit is causing banks and investors to move some operations and jobs abroad to EU cities including Dublin, Paris, Frankfurt and Luxembourg.

Lab technicians

£200 million boost for cutting-edge science

Chancellor Phillip Hamomond announces £200 million in spending on scientific research into materials, medicine and technologies across UK hubs.

London skyline at night

London office investments top of the global league

In spite of Brexit the London property market has attracted more investment globally than any other city.

Lady works in a lab

'Reduce visa salary threshold' say top universities

Universities call on government to lower proposed salary threshold to £21,000 to protect thousands of scientific, teaching and technician posts filled dispropotionately by women.

Wind turbines in the sea

Major boost to offshore wind farm Government-industry deal

UK goverment strikes a deal with offshore wind industry to derive a third of UK electricty from offshore wind by 2030 and support the technology's growing manufacture and export industry.

Negative share prices

OECD gloomy over global growth prospects

OECD downgrade global growth projections for 2019 and 2020 citing US-China trade uncertainty, Brexit, and low consumer confidence as hurting business and commerce.

London skyline

Berlin-London forge link to boost tech growth

Berlin and London to work together in supporting fintech and smart cities tech companies to scale up.

Office workers discuss at a computer

London voted top city for global locations

International business leaders vote London top for locating global teams as city provides a mixture of creativity, teamwork and tech skills.

Open plan office

Services output increase defies market forecast

PMI figures show the UK's services sector increased in output in February as did car sales whilst manufacturing and construction figures were disappointing.

Students work together at computer

New UK university to offer polymath degree

The London Interdisciplinary School will offer a single interdisciplinary polymath degree which has already received significant support from major businesses and institutions.

Busy UK high street

Marked increase in British support for immigration

Survey by Ipsos-Mori found almost half of participants viewed immigration as having a positive impact on the UK economy, up significantly from 8 years ago.

Tech startup team

Call for fast-track visas for tech talent

Skills shortages means competition for technology and fintech talent is fierce so business leaders are calling for fast-track visas for tech individuals after Brexit.

Tech festival

Partnership to highlight NE England tech

The Uk's North East Digital Festival will showcase the regions tech expertise which supports over 30,000 jobs and is attracting increasing levels of inward investment.

Passenger with a passport

EU net migration dips to its lowest in a decade

With Brexit approaching non-EU immigration hits a record high whilst immigration from the EU and in particular eastern Europe reaches it's lowest since 2009, with future policy alarming manufacturers.

Oil rig in sea

Ineos backs Britain with £1 billion investment

Petrochemical giant Ineos announce £1 billion of investments in UK energy assets, including upgrades to a major north-sea oil pipeline and their Grangemouth plant.

Businesswoman waits at airport

Banks drop 'hardball' approach to Brexit relocations

Banks take a more flexible approach with staff allowing commuting to EU hubs of Dublin, Frankfurt and Paris following Brexit.

Tech startup team

UK tech start-ups surged again in 2018

The number of tech start-ups increased in 2018 coinciding with an announcement by Amazon to offer over 1000 apprenticeships under a new training scheme.

Commodity price board

US-UK reach deal to safeguard derivatives market

US and UK agree to protect lucrative derivatives markets in the event of no-deal Brexit, this adds to UK deal with EU on derivates agreed in the previous week.

UK trade containers

UK reaches only six no-deal Brexit trade deals

Trade Secretary Liam Fox's announcement that the UK has only signed post-Brexit trade agreements with 6 countries highlights the importance of existing EU agreements to British trade with non-EU countries such as Japan and Turkey.

Delivery depot

Impose tax on online sales, urge MPs

A parliamentary committee has recommended the government consider an online sales tax and "green taxes" on deliveries to address current imbalance where high streets pay more than online retailers.

Chessboard with money

German bank risk-takers to lose legal protections

Germany relaxes labour laws to make it easier to fire risk-taking bankers and make it easier to recruit non-EU staff including Britain's in preparation for Brexit.

Fashion_industry_shopper

London Fashion Week starts to favour green

The UK fashion industry is worth £32bn a year but also carries a huge environmental impact. At London Fashion Week groups try to raise awareness and solutions to the environmental challenge.

Tool in a workshop

Manufacturers shifting production to EU ahead of Brexit

Survey by Manufacturers organisation EEF survey shows firms moving production abroad including to EU 27 countries from UK whilst association warns of a catastrophic prospect of no-deal.

Later holds a job advert

UK creates more jobs, higher wages and more vacancies

UK jobs market defies Brexit and economic slowdown to remain strong with more in work, job vacancies at a record high and continued wage growth.

Recruitment dice

Survey highlights exporters' mounting skills concerns

Survey of 2600 firms reveals skills shortage as exporters in both the manurfacturing and service sectors are struggling to find staff with the right skills amid concerns that immigration proposals won't remedy the problem.

Inflation sign

UK inflation below target for first time in two years

The UK inflation rate falls below 2 per cent target to 1.8 per cent helping to ease the cost of living for households and improve consumer confidence in advance of Brexit.

UK and EU flags flying

Businesses quiz government over no-deal confusion

British Chambers of Commerce (BCC) question UK government over Brexit planning and express concerns business can not prepare for Brexit which impacts investment, jobs and communities.

Eu and UK flags

Immigration plan 'to cost businesses £1 billion'

Analysis by Global Future of the UK governments post-Brexit immigration policy shows a £1 billion cost to businesses in red tape and barriers to EU 27 students.

Cars on assembly line

UK growth slowdown mirrors EU sluggishness

The UK economy grew at 1.4 per cent in 2018, down 0.6 per cent to 0.2 per cent in Q4, Brexit is blamed for investment slowdown but sluggish growth in manufacturing mimics other European economies.

Tech workers in office

London top destination for international tech talent

London's thriving technology business environment and lively cultural scene mean that the city is home to more software developers than any other European city.

Working people walking outdoors in a city illustrates an article about UK Brexit job jitters

Brexit jitters grip UK recruitment market

Uncertainty over Brexit, record employment rates and skills shortages saw permanent jobs placement fall in January for the first time in two-and-a-half years, according to the latest UK Report on Jobs.

Graphic map of the UK and EU with Union Jack and EU flag colouring

Finance report: Growth forecasts for Eurozone and UK slashed

Forecasts for economic growth in the eurozone and the UK were slashed as economists faced up to a global slowdown prompted by the US-China trade war, Brexit and falling consumer confidence.

Image of a hand holding a microchip illustrating an article about Fintech investment

Fintech investment hits record high in 2018

Global investment in fintech start-ups reached the highest level on record during 2018 with a total disclosed transaction value of $30.8 billion, according to a report published on Thursday.

Student graduates at King's College Cambridge, UK

UK universities launch "study abroad" campaign

British universities have launched a Support Study Abroad campaign fearsing that in a no-deal Brexit UK students will lose the financial backing that enables them to study abroad.

Business women walking in London

Fewer bank jobs than expected relocating from London

A Reuters survey of leading financial services companies shows that fewer jobs will relocate from the UK to the EU after Brexit. However, business leaders warn that it is "early days".

Stock image of man applying for a job on computer

Tech sector jobs hardest to fill in UK

Other than technology, which job sectors will suffer the most after Brexit? And, why are people in the UK who work for large companies or earning high salaries among the least content? Relocate examines the results of the latest survey from jobs site Indeed.

Union Jack, Scottish flag and EU flag

Scots universities' fears over no-deal immigration plans

The UK government's plans for an immigration policy to cover EU nationals if there is a no-deal Brexit "ignores" the future needs of Scotland's universities and students, Scottish ministers have warned.

Brexit newspaper headline

Almost a third of UK businesses eye EU move

A third of UK business and two-thirds of those who trade with the EU are relocating or "actively considering" relocating some operations to the EU to deal with the impacts of Brexit, at significant cost to smaller firms.

Italian and EU flag

Italy back in recession as Eurozone stutters

Italian economy sinks into recession with disagreement and uncertainty between Italy's populist government and EU over budget proposals, meanwhile Germany drags down eurozone economy whilst Spain and France exceed growth expectations.

UK Houses of Parliament

Business fears grow after latest Brexit twist

UK parliament votes in support of motion calling government to reject the Irish 'backstop' clause, sending Prime Minister May back to Brussels, continuing uncertainty and no-deal planning for businesses.

Oil Rig in sea

Chinese-led group makes biggest UK gas find in a decade

Britain's offshore oil and gas industry announces the discovery of the largest North Sea gas field in more than a decade by Chinese led consortium of companies.

Shadows on a Union Jack

Javid sets out 'no deal' immigration plan for EU

Home Secretary Sajid Javid outlines UK government's no-deal immigration plan for Swiss and EEA European Union citizens to come to live and work in the UK for up to 3 months without a visa.

Cyber security

£100M boost for UK business cyber security R&D

Business secretary Greg Clark and the UK government announce £100 million in funding to make UK a world leader in cyber security for businesses and consumers as part of Industrial Strategy.

Insurance bricks

UK reaches post-Brexit insurance deals with Swiss, USA

At Davos the UK and Switzerland agree a post-Brexit insurance deal with Switzerland that protects London's valuable insurance industry, this adds to the US-UK insurance deal signed in 2017

Davos in snow

'Forget Brexit and invest in UK' Hammond tells Davos meeting

Philip Hammond the UK chancellor speaks to 100 business leaders at Davos insisting the UK will still be a great place to invest and do business after Brexit whilst announcing £100 million in new research funding for science, innovation and AI.

Luxembourg skyline

Luxembourg reaping the benefits of 'Brexodus'

Luxembourg's financial sector including banks, insurers, investors and asset managers grows as Brexit leads to UK based firms setting up new offices and relocating to the European Union.

Dyson hoover

Dyson makes surprise HQ move to Singapore

Sir James Dyson has moved the headquarters of his Dyson business from Britain to Singapore, maintaining the move is not related to Brexit, but due to the growth in manufacturing and customers in Asian markets.

UK scraps 'settled status' fee for EU expats

Theresa May announces that the UK Government's 'Settled Status" scheme will waive the £65 fee charged under the pilot scheme. After the 30th of March the scheme will go live allowing EU residents to confirm their UK status in light of Brexit.

Job interview queue

UK employment rate and job vacancies at record high

The UK employment rate and job vacancies are at a record high after growing more than expected up to the end of November 2018, which has lead to a pay growth surge.

Berlin skyline with Spree river

German expats rate it top for career prospects

Germany, the UK and Bahrain rated top 3 destinations for expat career prospects analysing factors such as work-life balance, acquiring new skills, work culture, fulfilment, benefits and earnings propects.

Germany flat in Berlin

Prominent Germans issue 'stay with us' plea to UK

High profile German's including business leaders, celebrities and politicians, including Angela Merkel's likely heir, sign a letter to Britons making a plea to avoid Brexit and remain in the European Union.

Car filling up at petrol pump

UK inflation at its lowest in two years

UK CPI inflation rate drops to 2.1 per cent helped by falling oil prices being reflected at petrol pumps, house prices increase outside of London and the south east. Results indicate Bank of England unlikely to raise interest rates.

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Airplane flying over offices

No post-Brexit commuting, US banks tell London staff

Seattle skyline

Global mobility market embraces change and technology

Immigration visa stamp

Abolish visa limits for skilled migrants, says IEA

UK - US flag in Westminster

How will Brexit impact US expats within the UK?

Two people shaking hands against background of flags

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Thoughtful employee looks out of window

Employee financial wellness programmes: how do they support recruitment and retention?

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Global News

Tech staff hold a tablet

UK tech jobs boom as bankers look elsewhere

Image of globe in person's hand with mortarboard cap on

Plans to boost access to UK universities for overseas students

Pound coins piled up

Inflation stays below target - but for how long?

Singapore skyline

Three cities rated the world's costliest for expats

Hand holds a passport

UKVI Announces Changes to Immigration Rules

Two workers shake hands

UK employment at record high despite Brexit

Piled up pounds coins

Chancellor holds out prospect of spending spree