Customers question value of clothes bundles in Edinburgh fashion firm’s Lost Stock charity venture August 12, 2020 Frustrated customers have hit out at Lost Stock, a coronavirus charity venture led by an Edinburgh-based fashion company, claiming it misled shoppers over the value and quality of items sold. Mallzee launched its Lost Stock initiative in June following reports that some high street stores had cancelled stock orders with clothing factories in Bangladesh, which [...]
Beauty’s in the eye of beholder, MP says of planning reforms August 12, 2020 The government’s proposed planning reforms may be difficult to implement proposed if “beauty” clauses are left in, according to the head of a parliamentary house builders group. Conservative MP – and chair of the All Party Parliamentary Group for SME House builders – Andrew Lewer told City A.M. that it would be “difficult to square [...]
Three dead after Scotland train incident August 12, 2020 Three people have died and one person is said to be missing, after a train in Scotland was derailed by a landslip this morning. The British Transport Police said three people had died at the scene, including the driver of the train. Six others were taken to hospital but their injuries were not thought to [...]
Tesla shares spike on five-for-one stock split August 12, 2020 Tesla’s move to split its stock into smaller chunks caused its share price to jump more than eight per cent as markets opened this afternoon. Analysts said the split had the potential to extend a 200 per cent rally in Tesla’s shares this year by making it easier for retail investors to hold the stock. [...]
Microsoft prices folding Surface Duo phone at $1,399 August 12, 2020 Microsoft has said the Surface Duo, its newest dual-screen Android smartphone, will have a starting price of $1,399. The phone folds shut like a book, opting for two separate screens that are synchronised rather than one screen that folds in the middle like recent launches from Huawei and Samsung. The Surface Duo will arrive in stores [...]
Coronavirus: Facebook blames pandemic for fall in child abuse moderation August 12, 2020 Facebook has admitted that its efforts to remove child abuse and self-harm images from its platform have been hampered by the coronavirus outbreak. The tech giant said it took action against considerably less material on Facebook and Instagram in the second quarter because it had fewer content moderators working during the pandemic. Facebook removed just [...]
Major incident declared over Scotland train derailment August 12, 2020 A number of people were seriously injured in a passenger train derailment this morning in Scotland, first minister Nicola Sturgeon said, as she declared a major incident. A Scotrail train derailed near Stonehaven in Scotland, just south of Aberdeen, following heavy rain overnight. Twelve people — six passengers and six staff — were on board the four-carriage train. PA [...]
Tui agrees €1.2bn rescue package with German government August 12, 2020 Holiday firm Tui has agreed a €1.2bn (£1.1bn) rescue deal with the German government to give it the cash it needs to keep trading during the coronavirus pandemic. The virus has decimated the holiday market, with widespread travel restrictions and grounded airlines leading to an unprecedented collapse in demand. The majority of the funding will [...]
Coronavirus: Natwest to slash 500 jobs and shut London office August 12, 2020 Natwest today said it will cut at least 500 jobs across its retail business and shutter one of its London offices as it battles to cut costs during the Covid-19 crisis. The bank said it will carry out a voluntary redundancy plan affecting 550 roles in its branches and premier banking service. It will also [...]
Parties lead Germany to biggest spike in coronavirus cases in three months August 12, 2020 Germany today reported its largest daily spike in new cases of coronavirus in more than three months, as authorities blamed people returning from holiday and boozy parties across the country. The number of confirmed coronavirus cases in Germany rose by 1,226 to 218,519 today, data from the Robert Koch Institute (RKI) showed — marking the [...]