Uber takes to the skies with $200 JFK helicopter taxis October 3, 2019 Uber customers in New York will soon be able to book helicopter flights to John F. Kennedy (JFK) airport using its app. The Uber Copter – currently available only to Uber premium members – will be offered to all Uber customers from 7 October. Read more: Uber Works app pairs gig economy workers with employers [...]
US non-manufacturing sectors undershoot expectations October 3, 2019 The US’s non-manufacturing sector severely undershot expectations last month, survey data showed today, continuing the trend of bad economic news from the world’s biggest economy. Read more: Global stock markets bleed red on US-EU trade war fears The Institute for Supply Management’s (ISM) non-manufacturing purchasing managers’ index (PMI) – a gauge of the health of [...]
Teesside torment: Sir Jim Ratcliffe’s Ineos consults on closing factory, putting 224 jobs at risk October 3, 2019 Workers at an Ineos factory in Teesside were left fearing for their jobs this morning, after the chemicals giant said it was consulting on shutting it down. The future of the plant at Seal Sands, which employs more than 220 people, hangs in the balance after “decades of under investment”. Read more: Ineos plans $800m [...]
‘Superwoman’ Horlick runs as Lib Dem MP October 3, 2019 Fund manager “supermum” Nicola Horlick has been unveiled as another high profile Liberal Democrat candidate. The pro-Remain businesswoman is standing in Chelsea and Fulham, the party revealed today, going up against incumbent Conservative MP Greg Hands. Horlick, who has been dubbed a “supermum” for balancing her career with raising six children, told the Evening Standard [...]
Big energy suppliers drop third of their profit in a year October 3, 2019 Big Six energy suppliers have lost more than a third of their profits over the last year as they keep losing market share to smaller competitors. EDF, Npower, SSE, Eon and Scottish Power and British Gas, which used to have a near monopoly on supplying energy to households in the UK, saw their share drop [...]
Uber Works app pairs gig economy workers with employers October 3, 2019 Ride hailing giant Uber has launched an app, Uber Works, to connect temporary workers looking for shifts with businesses trying to fill gaps in their rotas. The app will show workers what shifts are available in certain areas and how much they will be paid for each one, and aims to help businesses that struggle [...]
PAI Partners cooking up bid for Mary Berry food group October 3, 2019 Private equity firm PAI Partners is reportedly preparing a bid for a food group behind a brace of UK brands including Linda McCartney, Hartley’s jam, and Mary Berry desserts. The Paris-based firm is in discussions about a possible acquisition of Hain Daniels Group, the UK arm of US-based firm Hain Celestial, Sky News reported. Hain [...]
UK recession alarm bells ring as services sector contracts October 3, 2019 The risk of a UK recession has shot up after the huge services sector contracted in September, causing the biggest cut in employment in over nine years, according to closely-watched survey data. Read more: Global stock markets bleed red on US-EU trade war fears The sector – which makes up about 80 per cent of [...]
Defeat for women in landmark state pension legal fight October 3, 2019 Millions of women face the prospect of retiring later or surviving on less, after campaigners lost a significant legal battle against the government over increases to the state pension age. Nearly 4m women born in the 1950s were hit by the government’s decision to bring the retirement age for them up from 60 to 65, [...]
Boris Johnson: Brexit offer ‘is genuine’ attempt to bridge EU gap October 3, 2019 Boris Johnson has addressed MPs on his new Brexit offer, calling it a set of “constructive and reasonable proposals”. The Prime Minister said the plans for the Irish border “do not deliver on everything that we would have wished” but said they represented a compromise that would break the deadlock in parliament. Read more: MPs [...]