Evri pays £8m in backdated pensions payments as profits slump October 30, 2023 Delivery service Evri, formerly known as Hermes, paid more than £8m pounds in backdated pensions payments to thousands of its self-employed workers, following pressure from the pensions watchdog and GMB Union to enrol them into pension schemes. The watchdog, alongside workers union GMB, has been encouraging gig economy companies – such as Evri – to [...]
Mike Ashley’s Frasers offloads Missguided to Shein just one year after acquisition October 30, 2023 Frasers Group will retain Missguided’s real estate and employees which have already been blended into the Sports Direct owners fashion division.
Are UK restaurants struggling to ‘keep their heads above water?’ October 30, 2023 A combination of "pressures" could be to blame for struggling UK restaurants, noted associate director at Mazars Paul Maloney.
‘Nothing has changed’: Supermarkets back in the firing line for jacking up pump prices October 30, 2023 Supermarkets are still profiting at the pumps at the expense of British motorists, despite criticism from the UK's competition regulator.
House sales set to slide by 23 per cent this year October 30, 2023 Zoopla said that UK house prices will fall two per cent over 2024 with hopes that rising incomes will “steadily repair housing affordability".
The Notebook: Nora Bavey on how lack of diversity stymies innovation October 30, 2023 Where top thinkers get a few things off their chest. Today, Nora Bavey, co-founder of Unconventional Ventures, takes the pen Diversity reports are vital in rooting out our unconscious biases This month, a pioneering bill in California marked a significant milestone in the venture capital industry in the US, mandating that venture capital (VC) firms [...]
Square Mile’s job market shrinks as firms cut costs October 30, 2023 Job openings in the City's financial services sector have fallen for the second consecutive quarter as firms respond to high costs and overhiring.
Jay Z, Rihanna and Lady Gaga travel agent up for £100m sale October 29, 2023 A travel agent responsible for sorting the itineraries of a slew of blockbuster celebrities is up for sale.
‘A travesty for passengers’: Avanti slammed as hundreds of services axed before new year October 29, 2023 RMT General Secretary Mick Lynch: “Avanti are one of the worst companies we have ever dealt with on the rail network and it is a travesty for passengers that they have been allowed to cut services yet again."
Strikes might not hurt Trainline as much as expected – here’s why October 29, 2023 Trainline will report its half-year results on Thursday, with the impact of rail strikes firmly on the mind of investors.