RUA Life Sciences announces revenue growth to £1.6m July 11, 2022 RUA Life Sciences announced revenue growth to £1.6m for the year ended 31 March 2022. Its revenue growth was £1.5m in 2021. Two new board directors were appointed with major improvements in business processes. RUA Life Sciences is the holding company of a group of medical device businesses. RUA Life Sciences Chairman Bill Brown said, “A great deal of [...]
Staff walk out at 114 Crown Post Offices today over worker pay July 11, 2022 Over one hundred Crown Post Offices will be disrupted by strikes today after workers voted in favour of a staff walk out over pay.The industrial action of 1,500 staff will cause “considerable delays” for consumers, the Communications Workers Union (CWU) said. Union members rejected a pay offer by the Post Office, which the union said [...]
Amazon expects record sales as cash-strapped Brits turn to Prime Day for big ticket purchases July 11, 2022 Amazon is anticipated to smash sales records as cash-strapped Brits turn to the e-commerce titan for its blockbuster Prime Day. Last year, sales during the discount bonanza hit a new record, raking in $11.2bn. Now, the e-commerce giant will be hoping more discount-hungry shoppers than ever will be seeking out the best deals from Tuesday, [...]
Lawyers gearing up for ‘wave of litigation’ due to crypto crash: Furious Brits expected to claim losses back July 10, 2022 The collapse in the value of crypto is likely to lead to a raft of claims from UK investors who believe they have lost considerable sums of money after being mis-sold cryptocurrencies, lawyers have told City A.M. today. Mis-selling claims may arise in cases where cryptocurrencies were marketed as a low-risk investment, yet subsequently dropped [...]
UK consulting sector grows 18 per cent as firms deal with post-Covid fallout July 10, 2022 The UK’s consulting sector grew by 18 per cent in 2021 and is forecast to experience further strong growth this year, the Management Consultancies Association (MCA) has said. According to the group’s latest Annual Industry Report, many businesses kick-started new projects last year which had previously been delayed while others focused on digital transformation and [...]
EDF cyber security ‘shortfalls’ see energy giant placed under further monitoring July 10, 2022 FRENCH Power Giant EDF is being scrutinised by the UK’s Office for Nuclear Regulation (ONR) after it identified shortfalls in the firm’s cyber security defences. Following a number of routine inspections over the past year, the regulator said it had found “shortfalls in governance, risk and compliance and certain technical controls” at EDF and that [...]
Tory leadership: Tax row kicks off battle in earnest as Javid and Hunt hit back at Sunak July 10, 2022 THE BATTLE to become Prime Minister began in earnest this weekend with a row over whether Britain should cut taxes. There are now nine declared candidates to become Boris Johnson’s successors – with a tenth, foreign secretary Liz Truss, expected to join them later today or tomorrow. Yesterday saw a host of pledges to cut [...]
Sorry again: Uber apologises for secretly courting Emmanuel Macron in European lobbying push July 10, 2022 Uber have been forced to apologise once again after leaked files reveal that the ride-hailing giant courted top politicians to push its $90m-a-year lobbying and public relations efforts. The Uber Files, which contain 124,000 records from 2013 to 2017, show how the firm recruited political big dogs, including French President Emmanuel Macron and ex-EU commissioner Neelie Kroes, [...]
Channel 4 privatisation still on track despite political turbulence July 10, 2022 Channel 4's privatisation is still on track, despite reports that Boris Johnson's resignation may have scuppered the broadcaster's £2bn sale.
Royal Mail chairman says firm is at ‘crossroads moment’ as it balances union action with productivity woes July 10, 2022 Royal Mail chairman Keith Williams has said unions can't expect a no-string pay deal "where nothing changes", as the company tries to balance dwindling productivity alongside rising union tension.