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Business

  • Fedex creates Segway-inspired delivery robot with Pizza Hut and Walmart

    February 28, 2019

    Fedex has unveiled a pizza delivery robot that will hit the streets this summer. Read more: What’s on your tech radar for 2019? Pizza Hut and Walmart are both on board, with trials set to begin soon in cities across the US, including in Fedex’s hometown of Memphis. The autonomous bot, which is powered by an [...]

  • Business rate appeals dip as industry warns of ‘complicated’ process

    February 28, 2019

    Frustrations over business rates were underlined this morning, with industry experts warning that new figures show the current process for appealing against property taxes is too complicated. Government data released today shows that there were roughly 65,000 appeals to dispute business rates between 1 April 2017, when a new system was introduced, and 31 December 2018, slumping [...]

  • Crossrail: Bond Street station work ‘could slip beyond 2019’

    February 28, 2019

    Completion of Crossrail's Bond Street station could slip to "late 2019 or even beyond", Transport for London (TfL) has admitted. New TfL papers reveal that none of the Crossrail stations are fully complete and that Bond Street, regarded as one of the more complex stations to fit out, would either be finished at the end of [...]

  • Minister quits government warning Brexit delay will lead to ‘final humiliation’ of UK

    February 28, 2019

    Agriculture minister George Eustice has quit the government, warning a delay in Brexit could lead to the “final humiliation of our country”. Eustice, who campaigned for Leave in the 2016 referendum, told Theresa May he had stuck by her through “a series of undignified retreats” during the course of the negotiations, but the possibility of [...]

  • Software developers beat average UK salary by 154 per cent

    February 28, 2019

    Top developers earn 154 per cent more than the average Brit, a report released today has revealed, with blockchain fuelling a rise in employer demand for such skills. Read more: Blockchain oil firm taps former JP Morgan director as new chief Software supremos command an average salary of £71,000 a year compared with the UK [...]

  • BMW and Mercedes-Benz create Share Now car-sharing alliance

    February 28, 2019

    A car sharing service involving more than 20,000 cars made by BMW and Mercedes-Benz has been named Share Now. The free-floating car sharing service is available in nine London boroughs and comes as part of an alliance between BMW and Daimler, which owns Mercedes. The two German firms ​also announced on Thursday that they will [...]

  • London business confidence falls more sharply than anywhere in the country but Lloyds Bank backs City’s ‘resilience’

    February 28, 2019

    Business confidence among London firms fell sharply in February after a buoyant start to the year due to uncertainty at home and a slowdown abroad. But Lloyds Bank, conducting the survey, expected confidence to bounce back in the coming months, citing the resilience of the City’s firms. Read more: Lloyds Banking Group boosts profits 24 [...]

  • MPs’ pay to rise to almost £80,000 a year thanks to inflation-busting increase

    February 28, 2019

    MPs’ basic salary will rise to £79,468 from 1 April thanks to an inflation-busting 2.7 per cent pay rise, it has been announced. Read more: Cancelling Commons' recess cost £400,000… yet there was no Brexit vote The Independent Parliamentary Standards Authority – which sets the level of MPs' pay – said the move was inline with [...]

  • Rampant rodents: Rats on the rise last summer boost finances at pest control giant Rentokil

    February 28, 2019

    Pest control giant Rentokil’s shares rose on Thursday morning as it said its services had been in high demand through last year’s long, hot summer. The blue chip firm also announced it would replace its chairman of more than a decade, John McAdam, with senior director at Aston Martin, Richard Solomons. Read more: CMA orders [...]

  • Customers locked out of Barclays app as banking giant suffers IT outage

    February 28, 2019

    Barclays customers were locked out of the bank's mobile banking app this morning after it suffered an IT outage.  Read more: Barclays suffers online banking outage The latest glitch follows an outage earlier this month which left customers unable to access the mobile banking app or online services for hours.  In a statement posted on Twitter this morning the [...]

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