Legal backlash: Nearly 50 groups slam plans to take back fees for employment tribunal February 27, 2024 Nearly 50 organisations including unions, legal networks and rights organisations have slammed the Government’s plan to reinstate fees for the Employment Tribunal. The Ministry of Justice (MoJ) published a proposal last month saying that it wanted to reduce the cost for the taxpayer. It proposed a £55 fee that is payable by the claimant on [...]
Playstation: Sony to cut 900 jobs and close London studio February 27, 2024 Sony has announced plans to cut around 900 jobs in its PlayStation arm and close its London studio.
London’s ‘strength reflected across UK’ as it leads record-breaking year for tech start-ups February 27, 2024 The UK has seen a record-breaking jump in new tech start-ups, new research finds, with London taking the wheel as the nation’s influential tech hub. The number of new tech companies in the UK jumped 22 per cent to 51,017 last year, according to analysis by audit, tax and consulting firm RSM UK, up from [...]
Post Office chief doesn’t ‘believe’ ex-chair Staunton’s payment delay claim is ‘true’ February 27, 2024 Post Office chief executive Nick Read has told MPs he doesn’t “believe” former chairman Henry Staunton’s claim he was told to delay Horizon compensation payments is “true”.
FCA urges Brits to ‘make money work harder’ by shopping around for savings rates February 27, 2024 Banks came under intense pressure from politicians and regulators last year for failing to pass through the Bank of England's rate hikes into savings products.
Horizon campaigner Alan Bates says Britain should sell ‘dead duck’ Post Office to Amazon for £1 February 27, 2024 A campaigner at the centre of the Post Office Horizon IT scandal has urged the government to sell the “dead duck” organisation to “someone like Amazon for £1”.
Citi’s investment banking market share drops to lowest level since 2000 February 27, 2024 Citigroup's share in the global investment banking market fell to its lowest level on record last year, according to new data, as investors demand for the bank to catch up to its Wall Street rivals.
Mango: Fashion giant creates 150 UK jobs as sales and profit jump February 27, 2024 The UK arm of fashion giant Mango created almost 150 jobs as its sales and profits jumped during 2023, new figures have revealed.
Network Rail to provide £140m to solve Elizabeth Line chaos February 27, 2024 Network Rail will provide £140m in funding aimed at resolving persistend disruption and delays on the London Elizabeth Line, it has been announced.
‘Like Brands. Only Cheaper’: Court throws out Aldi’s appeal over gin bottle battle with Marks and Spencer February 27, 2024 Aldi's appeal against a decision that it had infringed on Marks and Spencer's registered design of its light-up gin was dismissed earlier today.