Gousto to double its London tech workforce with 250 new hires September 14, 2021 Gousto has announced a hiring spree to fill 250 tech roles as the meal kit company plans to double its London tech team. The company said its recruitment drive will mean its tech team will be 500-strong by the end of 2022. Gousto recorded its first full year of profitability, since launching, earlier this year [...]
Hot under the collar: Ocado pins revenue tumble on warehouse fire September 14, 2021 Online supermarket Ocado has pinned a revenue dive over the last quarter on a fire at one of its London warehouses, in its latest trading update today. The fire, at its south London Erith Customer Fulfilment Centre in July, cost Ocado some £35m in revenue, it said in a statement – the equivalent of 300,000 [...]
HubSpot to open first London office and triple its global workforce September 13, 2021 The software giant with a market capitalisation of £33bn will open its first-ever London office in October and begin a hiring spree, as it expands its UK market. The new office, located at Clerks Court on Farringdon Lane, marks what HubSpot called the start of a “nationwide talent drive” to recruit around 70 new hires [...]
It’s working: UK Covid vaccination programme slashes death likelihood September 13, 2021 Only 640 of the more than 51,000 people who died of Covid-19 within the first six months of this year were fully vaccinated, according to the latest figures. The data from the Office for National Statistics (ONS), for the months between 2 January and 2 July, has found that the UK’s immunisation programme is reducing [...]
Gradual recovery: Central London shows signs of return to the office September 13, 2021 Central London has begun to show signs of a return to the office, but the capital’s retailers and attractions are yet to reap the benefits of a complete footfall recovery. Londoners marching back to the office has seen footfall levels lift 4.2 per cent, but foot traffic as a whole has slumped 7.8 per cent [...]
Credit Suisse may bow out of leading Olam’s food London listing September 13, 2021 Credit Suisse may reportedly bow out of leading Olam’s food ingredients listing in London, after turning down a loan request. The beleaguered Swiss bank chose not to take part in loan facilities Olam raised in August, Bloomberg first reported, citing people familiar with the matter. Credit Suisse was joined by Citigroup and JPMorgan Chase & [...]
UK firms bank on London’s status as top financial centre September 13, 2021 More than two thirds of the UK’s financial firms believe that London will retain its status as one of the world’s leading financial centres after Brexit. When Britain completed its exit from the EU in December last year, it divorced from its biggest single export customer, casting doubts over its status as a leading global [...]
‘Smiling assassin’ Emma Raducanu pulls off one of the great sporting feats in New York fairy tale September 12, 2021 Winning a grand slam title is supposed to be hard – just ask Andy Murray – but his 18-year-old compatriot Emma Raducanu did not so much clear all the usual hurdles as sidestep them altogether, going home with the trophy in just her second major tournament. Last night was an unprecedented feat, as was the [...]
Hotel quarantine: Ex-BBC journalist leaving red-list Turkey released due to PTSD September 10, 2021 A Syrian former BBC journalist, who had been “imprisoned” in Heathrow’s hotel quarantine after leaving red-listed Turkey, has reportedly been allowed out after suffering post-traumatic stress disorder symptoms. Three days into the mandatory 10 days quarantine, Zaina Erhaim detailed her experience in the airport hotel on Twitter, saying they had been the worst she had [...]
Support for Conservative party lags behind Labour days after NI tax hike September 10, 2021 Support for prime minister Boris Johnson’s Conservative party has slumped to its lowest level since 2019’s election, according to a new YouGov poll. The poll, first shared with the Times, showed that support for the Conservatives has dipped to 33 per cent, while Labour’s support has climbed to 35 per cent. While it is just [...]