Vistry to cut 200 jobs amid affordable housing shake-up October 23, 2023 Housebuilder Vistry said it will cut 200 jobs and make £40m less profit than expected as part of its shift into being a solely affordable housebuilder. Last month the London-listed firm it would focus solely on building affordable homes via its partnerships business after a volatile housing market eroded demand for building in the private [...]
Israel continues Gaza and Lebanon offensive as Iran and Hamas convene October 23, 2023 Israel bombarded Gaza with air strikes early on Monday and its aircraft struck southern Lebanon overnight.
The Met need to spend less time on Twitter – and more time policing October 23, 2023 For reasons that remain unclear, the Metropolitan Police feels it necessary to be present – and indeed active – on Twitter. It’s possible they’ve chosen to do so as a sort of safety valve for Londoners; somebody to vent at when the police choose not to investigate your bike being nicked or your house being [...]
Jaguar Land Rover unveils £250m EV facility as electrification push revs up October 23, 2023 Jaguar Land Rover has unveiled a new £250m engineering facility at its centre in Whitley, Coventry, bringing 350 jobs to the region. The 323,000 sq ft Future Energy Lab will enable rapid testing of electric vehicles (EVs), including in extreme-weather conditions, as the marque preps for the launch of nine new luxury models by 2030. [...]
Europe leads hydrogen race, with UK and US scrambling to catch up October 23, 2023 Europe will be the runaway leader for green hydrogen projects over the next five years, with the UK and US still playing catch-up.
Scheme to plug London hospitality skills gap backed by Greene King and Marriot Hotels October 23, 2023 The government scheme which is backed by hospitality heavyweights including Greene King and Marriot Hotels will see them receive an industry recognised ‘Hospitality Skills Passport’.
Lender TAB secures up to £300m funding led by Natwest with focus on sustainability October 23, 2023 Lender TAB has secured an up to £300m round of funding with Natwest and Atalaya to support its bridging and mortgage products. The private securitisation facility will enable TAB to fund borrowers for up to ten years and leverage its ability to provide capital quickly, the firm announced on Monday. TAB, which is set to [...]
Why AI isn’t a threat to the white van man October 23, 2023 Will Davies, CEO of Aspect, delves into AI, the white van man, school leavers and government requirements AI and the future of the white van man man No, AI isn’t a threat to the white van man; it’s a transformative force enhancing our industry for both tradespeople and customers. In the past two years, we [...]
Microsoft, Google, Meta and Amazon hope to lift Wall Street spirits in this week’s results October 22, 2023 Big Tech earnings season is back, with a keen focus on cloud business, AI, and capex changes amid a challenging year on Wall Street.
Wiggle’s future uncertain as parent company seizes funding October 22, 2023 The future of Wiggle could be on the line after its parent company’s decision to terminate a €150m (£130m) lifeline to its sports division last week caused a series of concerns within the umbrella of subsidiaries. Signa Holdings’s decision to terminate the funding to Signa Sports United (SSU), which was announced last Monday, soon led [...]