Expensive repairs and second-hand car costs push motor claims to record £2.4bn in first quarter June 9, 2023 A record £2.4 billion was paid out in motor claims in the first quarter of this year as firms find surging costs increasingly challenging to absorb, according to the Association of British Insurers (ABI). More expensive vehicle repairs, rising second-hand car costs and longer repair times are among the challenges faced by insurers, although there [...]
Uber boss: ‘London a leader in electrification’ as new net zero measures unfurled June 8, 2023 Uber has today announced a host of new goals and features to hit net zero, including a target for all Uber Eats drivers to use zero emission vehicles by 2040. Under the new features, passengers will be able to track the emissions they have avoided when choosing zero-carbon drives, as the firm looks to expand [...]
BT boss Jansen bags £1.8m bonus as group plans to slash workforce June 8, 2023 BT has revealed its boss took home a £1.8m bonus last year as the telecoms giant plans to shed up to 55,000 jobs by the end of the decade. Philip Jansen, the group’s chief executive, secured the annual bonus despite the firm’s sweeping cost-cutting plans raising the alarm among unions. He bagged the £1.8m in [...]
Sex and the City’s Sarah Jessica Parker announces West End debut in Plaza Suite June 8, 2023 One of New York’s most famous and iconic couples, Sarah Jessica Parker and Matthew Broderick, have announced they will tread the boards together in London. They will bring over to the West End a Tony Award-winning adaptation of the play Plaza Suite, the Neil Simon comedy that played on Broadway last year. The husband and [...]
Google cracks down on hybrid working – and will track staff attendance June 8, 2023 Google is reportedly cracking down on its hybrid-working policy with the tech giant to begin tracking staff office attendance and including employees’ frequency in the office in performance reviews. Fiona Cicconi, Google’s chief people officer, is said to have written an email to employees on Wednesday, according to reports in CNBC, noting that there is [...]
Horror fans ‘can’t sleep’ as horrific new Bird Box trailer is released June 8, 2023 Warning: this article contains descriptions of some Bird Box scenes some viewers may find upsetting 2018 horror film Bird Box became the most-watched ever Netflix film just 28 days after it was released. It has gained a cult following for its gruesome scenes, which involve a man being hacked in the neck with a machete, [...]
Amanda Holden responds to Holly Willoughby feud rumours with long post June 8, 2023 After taking what appeared to be a number of swipes at Holly Willoughby over the past few days, Amanda Holden has posted a long Instagram message responding to the idea the two women are feuding. After Holly Willoughby made a statement on This Morning about Phillip Schofield’s inappropriate workplace affair, Amanda Holden dressed in a [...]
Crypto bulls run out of steam as market volatility continues June 8, 2023 The price of Bitcoin continues to trade in the range between $26k and $27k, while Ether follows a similar trading pattern.
Sharon White: John Lewis will be profitable in three years June 8, 2023 John Lewis boss Sharon White has reportedly not ruled out tapping up outside investment to bring the struggling upmarket retailer back to profitably by 2026, however vowed that the would remain business employee owned. White told members of the Employee Owned Association – which represents UK organisations which are employee owned- that the plan to [...]
Capita to offload software businesses in efforts to strengthen its balance sheet June 8, 2023 Outsourcing firm Capita has agreed to sell its five software businesses for an enterprise value of £33m, as the group looks to strengthen its balance sheet and focus on its two core public service and experience divisions. The London listed firm said it hopes to receive cash proceeds of £44m on completion of the sale [...]