Tube delays hit three lines in rush hour after Edgware Road incident November 14, 2019 Severe Tube delays have hit multiple lines today after a faulty train at Edgware Road caused knock-on problems across the Underground. The entire Circle Line was suffering bad delays due to the issue, as is the Hammersmith & City Line. Read more: Revealed: These are London’s most crowded Tube lines Transport for London (TfL) urged [...]
Motherhood social app Peanut nets $5m from Facebook backer Index November 14, 2019 Peanut, a social networking app for mothers, has secured $5m in a funding round led by unicorn hunter Index Ventures. The investment takes Peanut’s total amount raised to date up to $9.8m, with previous backers including Felix Capital, actor Ashton Kutcher’s Sound Ventures and Greycroft. Index has previously invested in the likes of Dropbox, Facebook [...]
DEBATE: Is ‘Equal Pay Day’ a valid part of the gender pay-gap debate? November 14, 2019 Is ‘Equal Pay Day’ a valid part of the gender pay-gap debate? Vivienne Artz, president of the industry networking group Women in Banking & Finance, says YES. What gets measured gets done. Equal Pay Day is calculated annually from the UK government’s datasets on the gender pay gap, and effectively represents the day each year [...]
How can you stop your credit card being sexist? November 14, 2019 Can a credit card be sexist? It’s not a question most people would have thought about before this week, but on Monday, the US financial regulator announced an investigation into claims of gender discrimination by Apple Card. The algorithms Apple Card used to set credit limits are, it has been reported, inherently biased against women. [...]
This election has exposed Britain’s foreign policy vacuum November 14, 2019 The 2020 US presidential election will be heavily influenced by foreign policy debate. So was the last one, and the one before that. Barack Obama initially stood out against Hillary Clinton by defining himself in opposition to the Iraq War. Donald Trump represented a break from the typical interventionist nature of Republican candidates, and so [...]
CFOs hold increasingly pessimistic outlook amid backdrop of uncertainty November 14, 2019 Over a third of Europe’s finance chiefs feel gloomier about their companies’ prospects now than they did three months ago. According to accountancy group Deloitte, 36 per cent of Europe’s chief financial officers feel more pessimistic today than last quarter, underlining current concerns over the future of the global economy. Read more: UK businesses increasingly [...]
Uber launches new safety measures in bid to secure a London licence November 14, 2019 Uber passengers will now be able to report discrimination immediately as a part of the app’s push to quell fears about safety and secure a long-term London licence later this month. The ride-hailing app was given a two-month licence extension by Transport for London (TfL) in September. TfL said it needed to see more evidence [...]
Nike pulls clothes and shoes from Amazon amid digital push November 13, 2019 Nike is pulling its clothes and shoes from e-commerce site Amazon as part of a pivot to selling directly to customers. Nike announced late on Tuesday that it was ending a pilot scheme to sell its goods through Amazon which began in 2017. “As part of Nike’s focus on elevating consumer experiences through more direct, [...]
Wework losses ballooned to $1.3bn in quarter before failed float November 13, 2019 Wework losses reportedly more than doubled to $1.3bn (£1bn) in the third quarter ahead of its expected initial public offering (IPO). The figures contained in a presentation for Wework creditors today showed why the company was thrown into crisis when its expected $9bn IPO and connected debt financing deal collapsed in September. The debacle led [...]
General Election 2019: Labour pledges to close gender pay gap by 2030 November 13, 2019 Labour will today pledge to close the gender pay gap by 2030, as part of its ongoing commitment to women in the workplace. Shadow employment rights secretary Laura Pidcock and shadow women and equalities secretary Dawn Butler will use Thursday’s Equal Pay Day – the day when women effectively stop getting paid compared to their [...]