Businesses seek cover amid wave of discrimination lawsuits August 6, 2021 UK and US insurers are being flooded with requests for cover from businesses amid rising numbers of covid related discrimination lawsuits, it has been reported. According to Reuters, there have been 2,950 Covid-19 related employment lawsuits in the United States since the start of the pandemic, with health and safety, remote working and workplace discrimination [...]
London compared: How hard has your borough been hit by Covid-19? August 6, 2021 Almost three weeks after the majority of restrictions were lifted in the UK on “Freedom Day”, City AM analysis has revealed which London boroughs suffered the most Covid deaths during the last year of the pandemic. From the onset of the pandemic in March 2020 to when the UK’s third lockdown began to wind down [...]
More than 17,000 outdoor seats added to English streets in al-fresco boom August 6, 2021 Pubs and restaurants have made space for more than 17,000 extra customer seats outside with Westminster processing one third of total pavement licence applications. More than 3,300 fast track applications for pavement licences were lodged by cafes and restaurants as ministers pledged to slash red tape and make the process cheaper and quicker. PwC analysed [...]
Exclusive: Cult Beauty founder Jessica DeLuca on selling to THG and what happens next August 6, 2021 In the thirteen years since launching online cosmetics retailer Cult Beauty, Jessica DeLuca and Alexia Inge grew the business from £72,000 to £275m – the amount it sold to The Hut Group (THG) for this week. Jessica DeLuca, a former IT analyst, worked in the spare bedroom of her basement flat through 2007 building the [...]
Wildfires put pressure on insurance premiums as blazes surge August 6, 2021 Destructive wildfires across the globe have caused insurance premiums to rise in value of claims and is set to continue as trends show wildfires are more likely to occur, according to British insurance company Chaucer. The insurance and reinsurance firm discovered US Wildfires have become an increased occurrence since the 2000s. Over the last 15 [...]
HMRC revenue from Capital Gains Tax jumps fourfold as businesses sell off assets August 6, 2021 The government has collected almost £10bn from capital gains tax (CGT), a fourfold increase compared to a decade earlier. New HMRC data shows the taxman collected £9.94bn in the 2019-2020 tax year a sizeable jump from the £2.55bn sum taken for the year ending in April 2009. Over 28 per cent of CGT came from [...]
Travelling abroad has changed August 6, 2021 | Sponsored We all know life has been turned upside down over the past eighteen months. That’s nowhere more true than in travel, with border restrictions across the world designed to stop the spread of the Covid-19 virus and new variants. As we exit lockdown, travel is once again opening up. But that doesn’t mean it’s all [...]
London’s Capita returns to profit, driven by new government contract wins of £2.6bn August 6, 2021 London-headquartered Capita has reported a recovery in the first half of the year from its pandemic-induced losses a year earlier, as contract cancellations were replaced with £2.6bn worth of new contract wins. Adjusted profit before tax for the six months to 30 June increased by £56.4m – or 508 per cent – to £45.3m, bouncing [...]
Apple to scan iPhones for child sex abuse images August 6, 2021 Apple has announced plans to search people’s iPhones for child sex abuse material (CSAM) using new technology raising privacy concerns. Overnight Apple confirmed that “NeuralHash” technology will allow them to detect known CSAM images stored in iCloud photos. The automated system will perform on-device checks of photos before they are uploaded to the iCloud. The [...]
The Office: Clean air becoming a key part of the return August 6, 2021 If London is to get back on its economic feet after the COVID-19 pandemic, it needs workers to come back to the office. Many people are saying that the future of work will be different, with employees requesting more of a balance between office and home working. Maybe so, but some employers will insist on [...]