Google slows down hiring for rest of 2022 amidst economic uncertainty July 13, 2022 Google will slow hiring for the rest of the year as economic gloom sets in. Sundar Pichai, CEO of Google parent company Alphabet, informed employees in an email yesterday, according to CNBC. “The uncertain global economic outlook has been top of mind,” he said. “Like all companies, we’re not immune to economic headwinds.” The company [...]
The investment trust sector and the Four Horsemen – a review of Q2 22 July 13, 2022 Conquest and War – Russia’s invasion of Ukraine and the ongoing conflict between the two countries; Famine – at the very least the increased threat of global food shortages as supplies from Ukraine, the ‘bread basket of Europe’, increasingly become weaponised; Death – despite the roll-out of vaccines, Covid-19 continues to mutate and take lives [...]
BT execs urge unions to guarantee 999 services as nearly 40,000 gear up to strike July 13, 2022 BT executives have called on trade unions to guarantee that 999 services will not be impacted during impending strikes.
Brexit opportunities minister Jacob Rees-Mogg: I would refuse to serve in ‘socialist’ Rishi Sunak’s cabinet July 13, 2022 Boris Johnson ally Jacob Rees-Mogg has branded Rishi Sunak a ‘socialist’ and refused to serve in his cabinet should he become PM. The Brexit-backing Conservative MP hit out at the former chancellor’s “disloyalty” to the Prime Minister after he resigned last Tuesday. This comes after Rees-Mogg appeared to brand Sunak a socialist for high taxes [...]
Renold cuts debt and raises revenue in solid year July 13, 2022 Renold’s revenue grew 18.1 per cent to £195.2m while net debt dropped £4.6m to £13.8m for the year ended 31 March 2022. The manufacturer announced today that its operating profit had gone up from £11.4m in 2021 to £15.3m this year. The company recovered from the Covid pandemic and many of its businesses delivered were record [...]
PageGroup posts record June as firm benefits from wage inflation and short supply of candidates July 13, 2022 Recruitment firm PageGroup posted a record performance for June, marking the second month where gross profit exceeded £100m.
Three Arrows Capital founders seem to be missing after crypto hedge fund’s bankruptcy July 12, 2022 The founders of crypto hedge fund Three Arrows Capital (3AC) appear to have gone missing following the company’s bankruptcy. Lawyers representing the collapsed company’s creditors claimed that founders Zhu Su’s and Kyle Davies’ physical whereabouts were unknown ahead of a court hearing scheduled for today, according to court documents filed on Friday, CNBC reported. The [...]
Spotify snaps up Wordle spin-off Heardle in interactive push July 12, 2022 Streaming giant Spotify has snapped up daily music game Heardle as the firm builds out its interactive offerings to keep music lovers listening.
Channel 4 chief suggests government pushed privatisation agenda on its delayed annual report July 12, 2022 Channel 4 have said the government tried to tamper with the broadcaster’s annual report to ensure it aligned with its own privatisation ambitions.
FSB to put forward a global regulatory framework for crypto in October July 12, 2022 The Financial Stability Board will propose global crypto regulations in October following the recent crypto crash. The global watchdog said it is working towards ensuring that crypto is subject to tight oversight and will “submit a public consultation report that proposes recommendations for promoting international consistency of regulatory and supervisory approaches to crypto-assets and crypto-asset [...]