Workers in the City of London broke half a million in 2018 September 26, 2019 The number of workers employed in the City of London broke half a million last year, according to new data. Office of National Statistics data released today showed there were 507,000 workers in the City of London last year, up from 495,000 in 2017. Catherine Mcguinness, policy chair at the City of London Corporation, said: [...]
Boost for broadcasters as young viewers flock to live shows September 26, 2019 Live events are still the most watched TV programmes among young audiences, new data has revealed, marking a much-needed boost for traditional broadcasters. Live TV favourites such as reality shows, talent shows and sports fixtures made up more than half of the top 30 most-watched programmes among 18 to 24-year-olds, according to figures from the [...]
Huawei is already making equipment without US parts, says founder September 26, 2019 Chinese tech firm Huawei is already producing 5G base stations that do not use any US components, the company’s founder said today. Read more: US proposes $1bn fund to replace Huawei network equipment Ren Zhengfei said his company is making 5,000 base stations per month and plans to ramp up production to make 1.5m of [...]
Micro Focus overhauls executive pay after shareholder backlash September 26, 2019 Troubled software firm Micro Focus has said it will overhaul its executive pay policy following a backlash from shareholders. Read more: Micro Focus taps Goldman Sachs to lead review after share price crash The Newbury-headquartered company said it had reviewed its remuneration scheme after investors raised concerns about the overall structure of its pay policy. [...]
British Land withdraws Monsoon Accessorize legal challenge September 26, 2019 British Land has reportedly withdrawn its legal challenge to Monsoon Accessorize’s restructuring plan, giving the fashion retailer the green light to implement the rescue proposals. The landlord has agreed to abandon a case that could derail the chain’s company voluntary arrangement, Sky News reported. Read more: British Land files legal challenge against Monsoon Accessorize CVA [...]
Hackers ‘tried to steal Airbus secrets’ in targeted cyber attacks September 26, 2019 Airbus has fallen victim to a spate of cyber attacks over the past few months via the computer systems of its suppliers and contractors, according to AFP news agency. The world’s second-largest aerospace group, which is also one of the world’s foremost weapons manufacturers, admitted it “is a target for malicious actors,” but would not [...]
Vape-maker Juul keeps advertising in UK despite pulling US campaign after health scare September 26, 2019 Vape pen maker Juul will continue to advertise in the UK despite pulling all it promotion from the US market, it has confirmed. The brand yesterday decided to end all broadcast, print and digital advertising in the US, but will continue in the rest of the world. Read more: US vaping deaths hit growth at [...]
Thomas Cook: MPs launch inquiry into ‘corporate greed’ at collapsed holiday giant September 26, 2019 Thomas Cook bigwigs will be hauled in front of MPs in the coming months and forced to explain the firm’s catastrophic collapse, which left 150,000 Brits stranded abroad and forced the biggest peacetime repatriation in history by the British government. After meeting this afternoon, the Commons’ business select committee agreed to launch a wide-ranging inquiry [...]
City airport boasted lower fares than Heathrow and Gatwick last summer September 26, 2019 London City Airport has said its fares last summer were lower than both Heathrow and Gatwick on a route-by-route basis, as it sets itself up as a competitor to the two hub airports. The airport favoured by businesses and bankers also said it saw a 22 per cent increase in the number of local people [...]
IAG issues profit warning after British Airways strikes September 26, 2019 British Airways owner IAG today slashed its 2019 profit guidance after recent strikes forced it to cancel more than 2,000 flights. International Airlines Group warned that adjusted operating profit will fall €215m (£190m) below last year’s €3.49bn. Read more: Ryanair threatens to remove pilot perks over strikes, says union It estimated that Balpa’s strike action [...]