Amazon shares sink as EU hands down record €746m EU data privacy fine July 30, 2021 Amazon has been hit with a record €746m (£635m) fine for breaking EU rules over how it processed customers’ personal data, the tech giant disclosed today. In a regulatory filing Amazon said the Luxembourg National Commission for Data Protection (CNPD) had issued the ruling against it for breaches of EU data protection rules on 16 [...]
Housing fraud trial: Labour MP Apsana Begum found not guilty July 30, 2021 Jurors today found Apsana Begum, Labour MP for Poplar and Limehouse, not guilty of three charges of dishonestly failing to disclose information relating to her social housing application. Ms Begum, 31, had been accused of withholding her true living conditions from Tower Hamlets council officials in an attempt to secure a social housing flat. The [...]
One of two men charged for assaulting Chris Whitty pleads guilty July 30, 2021 One half of a duo that was caught on video in an incident involving England’s chief medical officer (CMO) Chris Whitty has pleaded guilty to assault in court. Lewis Hughes, 24, today pleaded guilty to assault at Westminster Magistrates’ Court in London. It comes after Hughes was charged with common assault at the beginning of [...]
Sports Direct owner Frasers Group set for ‘upbeat’ update after reopening stores July 30, 2021 An “upbeat” trading update is reportedly expected from Mike Ashley’s Frasers Group, which owns Sports Direct, in the hope that the reopening of high street stores have pushed up sales The retail giant was more cautious in its outlook in April despite the reopening of retailers across the UK. It warned it could take a [...]
Jupiter Fund Management’s assets break another record as outflows accelerate July 30, 2021 British fund manager Jupiter reported a rise in interim profit, record inflows and assets under management, offsetting a jump in outflows from the year earlier. Assets under management finished the six months to June 30 at £60.3bn on June 30, exceeding the £60bn mark for the first time and jumping 54 per cent from £39.2bn [...]
Bumble offers employees unlimited paid leave – as long as the work gets done July 30, 2021 Dating app Bumble has said its employees can take unlimited paid leave providing their manager approves it. It is understood that the app, which employs some 700 people, will allow time off so long as the work is still completed. The policy move follows the firm’s decision to shut down its office for a week [...]
UK Government won’t insist workers are jabbed to return to office, but rules out Covid passports July 30, 2021 Workers being double-jabbed before returning to the office is a “good idea” but will not be a legal requirement, Grant Shapps said, and he today ruled out Covid passports for pubs and shops. The Transport Secretary said some companies will require their staff to be fully vaccinated but it won’t become law. Shapps said that [...]
SEC halts Wall Street IPOs of Chinese companies as mulls new risk disclosures July 30, 2021 The US Securities and Exchange Commission (SEC) has frozen registrations of Chinese companies for IPOs on US markets while it drafts new guidance for disclosing the risk of a Beijing regulatory crackdown to investors. Chinese companies must not submit registrations for the sales of securities to the SEC until it has formulated new rules on how [...]
Soggy pizza? Delivery shifts soar as drivers ‘boomerang’ back to old jobs July 30, 2021 The number of temporary delivery drivers ready to pick up shifts has tumbled by over a quarter, new data has found, with many leaving flexible working behind. Thousands have returned to their pre-pandemic professions in hospitality and retail, according to Indeed Flex, the job sites flexible working division. In London, the number of available drivers [...]
Gary Lineker joins LaLigaTV in ‘multi-year’ deal July 30, 2021 Gary Lineker has joined LaLigaTV as a presenter in a “multi-year agreement” to front coverage of Spain’s top-flight football league. The former England striker will present key fixtures on the 24-hour channel and feature regularly on its Viva LaLiga studio programme broadcast live from Barcelona. Lineker, who played for Barcelon during his career, already presents [...]