Wednesday newspaper round-up: Hybrid working, JLR, Revolut

(Sharecast News) - Most new recruits to white-collar jobs are required to spend at least two or three days a week in the office, while roles requiring just one office day are dying out, according to an analysis of job postings. Hybrid work - where staff split their time between the office and another location, such as their home - has cemented itself as the new normal for millions of workers since the Covid-19 pandemic. - Guardian

The son of former Conservative Party deputy chairman and billionaire donor Michael Ashcroft has bought a 3.4% stake in Tottenham in the latest change at the north London club. A public filing posted by the London Stock Exchange yesterday shows that Andrew Ashcroft, a hotelier and businessman, purchased 8,023,942 Tottenham shares last Friday. The price is not disclosed, but based on recent valuations of Tottenham the shares are likely to have cost around �100m. - Guardian

Drivers should be taxed for every mile they travel to help Rachel Reeves fix a hole in Britain's public finances, a leading think tank has urged. The Resolution Foundation, which has considerable influence in Labour circles, said vehicle taxes should be overhauled to replace lost fuel duty as more drivers switch from petrol and diesel cars to electric vehicles (EVs). - Telegraph

Car workers facing redundancy after the crippling cyber attack on Jaguar Land Rover (JLR) should sign on for unemployment benefits, the Business Secretary has suggested. On Tuesday, Peter Kyle refused to commit to a taxpayer bailout for hundreds of companies in JLR's supply chain who have been affected by the carmaker's production shutdown. Some JLR suppliers have started to lay off staff after work dried up. - Telegraph

Revolut, the fast-growing UK-headquartered digital bank, has pledged to invest �3 billion in Britain over five years, creating 1,000 new jobs. The chancellor, Rachel Reeves, who today opened Revolut's new global HQ in London's Canary Wharf, hailed the plan as a vote of confidence in the UK. - The Times

A millionaire banker is being sued over claims that he plotted to move his team to a rival and awarded them a �6.3 million bonus prior to defecting. Adam Wheeler was earning more than �4 million annually in his role as co-head of Barings' global private finance group when he is alleged to have orchestrated an "egregious" move for him and his team to a competitor. - The Times