William Hill top execs step down as 888 completes takeover July 1, 2022 William Hill top executives will step down as 888 completes its acquisition of the gambling powerhouse.
Confirmed: Thousands of post Office collection and cash delivery workers to strike on 14 July July 1, 2022 Post Office collection and cash delivery workers are to stage a one-day strike later this month in a dispute over pay. Members of the Communication Workers Union (CWU) employed in supply chain and admin jobs will walk out on 14 July. The workers deliver cash, valuables and essential supplies to thousands of sub-post offices, process [...]
Education union threatens teacher strike unless ‘inflation plus’ pay increase secured July 1, 2022 An education union has rejected a nine per cent pay increase for new teachers as inadequate and threatened to strike if a better offer is not made. The joint general secretaries of the National Education Union (NEU) wrote to the secretary of state Nadhim Zahawi asking him to address the “ profound crisis” in the [...]
Complaints from EU push Amazon to allow two-click cancellation for Prime July 1, 2022 Amazon have made it easier for users to cancel their Prime subscriptions in just two clicks after consumer groups took their grievances about the e-commerce giant to the EU last year. The European Consumer Organisation (BEUC), the Norwegian Consumer Council and the Transatlantic Consumer Dialogue criticised Amazon for pushing users to go through a number [...]
UK business bosses most pessimistic since the start of the pandemic over inflation and Brexit July 1, 2022 Business chiefs in the UK are at their most disheartened since the early days of the Covid pandemic. Soaring inflation and Brexit pains have crippled confidence on economic outlook with consumer confidence at a historic low. The Directors’ Economic Confidence Index by the Institute of Directors, a measure of economic confidence of over 400 business [...]
Pandemic not over: Omicron variants drive surge of covid cases by 32 per cent in a week July 1, 2022 Coronavirus cases in the UK have spiked by more than 30 per cent in a week, while hospitalisation rate was up to 11 per cent, from eight. New figures released by the Office for National Statistics show a surge in cases from 24 June, up to 2.3m from 1.8m people across the UK. The Omicron [...]
EU decides on ground-breaking regulation for crypto assets July 1, 2022 The European Union agreed on landmark regulation for cryptocurrencies in what could be the world’s first regulatory framework for crypto. EU lawmakers, member states, and the European Commission reached a historic deal on crypto rules Thursday that will apply to crypto-assets, crypto-assets issuers and crypto-asset service providers. The pioneering law, known as Markets in Crypto-Assets, [...]
UK food prices now over seven per cent higher than 2021 with perishable goods leading the way July 1, 2022 Food and consumer goods prices across Europe are now 6.9 per cent higher than they were a year ago, rising to 7.5 per cent in the UK. According to new data released by NielsenIQ today, more than eight FMCG categories out of 10 showed increasing inflation rates during the 12 week period ending April 24 [...]
No 10 moves towards VAT cuts for millions of Brits as cost of living crisis rages July 1, 2022 Downing Street is proposing to reduce value-added tax in an effort to ease the cost of living. The Prime Minister’s chief of staff Steve Barclay suggested reducing the 20% headline rate of tax temporarily, The Times reported on Thursday. He said the temporary cut would bring down the tax bill for millions across the UK [...]
UK government provided £7.4bn for global exports last year and supported 72,000 jobs July 1, 2022 The UK government provided £7.4bn for global exports last year and supported 72,000 jobs in the country. The financial aid from UK Export Finance helped businesses nationwide for exports to 61 countries and added £4.3bn gross value to the economy, The £7.4bn is the highest level for 14 years, with the total support over five [...]