Help someone drive safe this winter with a premium dash cam November 11, 2022 | Sponsored Nextbase’s award-winning dash cams could be the perfect — and most responsible — gift this Christmas. The cameras serve as a guardian on the road and drivers could save up to 30% on their insurance just by having one installed. This helps support them from false liability claims, while protecting their no claims bonus. The [...]
The Inaugural Peer2Peer Finance Awards! November 11, 2022 | Sponsored The inaugural Peer2Peer Finance Awards take place on Tuesday 6 December 2022 at the Hurlingham Club in London, commemorating the best platforms, individuals and service providers in the peer-to-peer lending sector. The awards are being held by Peer2Peer Finance News magazine, the UK’s only title dedicated by the peer-to-peer lending industry. Here’s what you need [...]
Exclusive: Expedia doubles down on London as it hunts for 120 new tech brains in the capital November 10, 2022 Travel tech firm Expedia Group is planning to expand its UK operations by recruiting candidates for around 120 predominantly tech-focused roles at its London base as the travel industry rebound continues, City A.M. can reveal. London is one of the group’s tech hubs outside the US, with close to half of all employees in the [...]
Musk sends remaining Twitter staff back to office November 10, 2022 Elon Musk has ordered all Twitter staff back into the office, ending an era of remote working for the social media firm. The new chief exec told employees in an email late on Wednesday that they would need to prepare for “difficult times ahead”, according to reports from Bloomberg. Musk had already made his views [...]
AstraZeneca boss urges UK government to invest in medicines of the future November 10, 2022 The chief of AstraZeneca has urged the UK government to invest in the medicines of the future, as the regulatory environment for pharma in the US grows tougher. With the UK’s upcoming budget, CEO Pascal Soriot called on the government to protect the funding for innovative treatments as the long-term outlook for the healthcare industry [...]
Bumble tumbles as it misses Wall Street estimates November 10, 2022 Shares in the Bumble tumbled last night after the dating app’s third quarter results fell below Wall Street expectations. Although total revenue increased 16.8 per cent to $232.6m, compared to $199.1m, the dating group failed to rally momentum behind its other apps, including Badoo and Fruitz. The Badoo app and other revenue dropped 10.2 per [...]
Y2Pay: Robots eat into wage growth in the UK but boost productivity November 10, 2022 Fears of robots taking people’s jobs have been “overblown”, with low investment and productivity growth being the real culprits behind the UK’s stagnant economy, according to a new report by the Resolution Foundation today. However, automation has dampened the average take-home for staff operating alongside new tech, the report, in collaboration with the London School of [...]
Net zero is important to most businesses but few track supply chain emissions, finds Deloitte November 9, 2022 Net zero is continuing to fall to the bottom of the priority list for most organisations in the UK despite glowing pledges, according to a report by Deloitte today. Just a quarter of public and private sector bodies track emissions across their supply chain, also known as scope 3 emissions, the report in collaboration with [...]
Facebook and WhatsApp owner Meta cuts 11,000 jobs November 9, 2022 Over 600 UK Meta employees could lose their jobs as the owner of Facebook launches its biggest job cull in history, cutting 11,000 jobs worldwide. In a note published this morning, chief exec Mark Zuckerberg said he would be reducing the global headcount by 13 per cent, regarding it as “some of the most difficult [...]
EQT Ventures eyes UK investment spree with £970m fund November 9, 2022 Sweden’s EQT Ventures said it was eyeing up a UK investment spree today after it bucked a downturn in the market to raise $1.1bn (£970m) to pump into early-stage tech firms across Europe.