Last week I had the pleasure of speaking to the London members of the TEAM network, regarding our viewpoint on what we are seeing in the London economy. Following up from the annual summit we organized the week before, this was a chance for TEAM members unable to attend, to get a briefing on what to expect this coming year.
Trump has spoken. Not only to Putin, but in Munich, to the European community also. For European leaders, the notion that a resolution on Ukraine could be negotiated solely between the United States and Russia—without their involvement—is entirely untenable. This is particularly concerning given that the U.S. has explicitly stated it does not perceive itself as a military guarantor post conflict.
Automation through technology is not a new phenomenon. Every generation can cite its own case study of how jobs have been replaced by people. However, historically, the segments of the workforce most likely to be disrupted, have been the blue collar workers, and office based work, has proven resilient against that change.
With former President Trump moving to implement his policy agenda, initial measures have already been set in motion. He has declared a state of emergency at the border, leveraging his executive powers to impose tariffs on Canada, China, and Mexico, with the European Union (EU) now in his sights.
The general election’s immediate impact has, unsurprisingly, led to record recruitment, particularly in July. Moreover, Labour’s focus on employment law reforms has driven a surge in demand for employment lawyers, with August also seeing record levels of legal recruitment.
