Letters: Never fear, robots are here November 21, 2022 [Re: Y2Pay: Robots eat into wage growth in the UK but boost productivity, Nov 10] The fear that you may be replaced with a robot is, for some, no longer the stuff of science fiction. With automated systems and AI becoming ever-more sophisticated, businesses across a number of sectors are increasingly looking to adopt automation [...]
Posties to walk out over Christmas season in new Royal Mail strike dates November 17, 2022 Posties are set to strike on six days next month, including on Christmas Eve, in a fresh wave of industrial action. Workers at the Royal Mail will take action on six days between 9 and 24 December, in addition to the four days of strikes already called. The Communication Workers Union announced the new dates [...]
Chinese-backed Nexperia ordered to sell stake in Newport Wafer Fab over security concerns November 16, 2022 The government has ordered the Chinese-backed firm that owns Britain’s largest semi-conductor factory to sell most of its stake in the business on national security grounds. Late last night an order issued by the business secretary means the Dutch company Nexperia, a subsidiary of Chinese outfit Wingtech, will now need to sell 86 per cent [...]
In it to win it: Download your office World Cup sweepstake kit November 16, 2022 The World Cup is here - download our office sweepstake kit
Rishi Sunak: City should show ‘restraint’ on pay – but no u-turn on banker bonuses November 15, 2022 Rishi Sunak said Britain’s top business bosses needed to show ‘restraint’ on pay this year amid inflation concerns. “In a situation like this, I’m sure executives of most companies will be thinking about pay settlements for senior management, for their workers, and making sure they are fair,” the Prime Minister told broadcasters whilst in Bali [...]
Letters: Elon Musk has a people problem November 15, 2022 [Re: Musk sends remaining Twitter staff back to office, Nov 10] We often see Elon Musk front and centre of the news for being a brilliant businessman. But if the past two weeks have shown us anything, it’s that being a brilliant businessman doesn’t automatically make you a brilliant leader of people. A full U-turn [...]
“On the to-do list”: City minister promises reform as London slips behind Paris November 14, 2022 THE CITY minister Andrew Griffith yesterday said post-Brexit financial services reforms were on his “to do list” after new figures suggesting Paris’ stock market had overtaken London’s sent a shockwave through the Square Mile. The total value of all listings in the French capital overtook London last month, according to number crunchers at Bloomberg. Whilst [...]
Euromoney clears regulatory hurdles for £1.6bn takeover November 14, 2022 Financial publishing firm Euromoney Institutional Investor said on Friday it had cleared the regulatory and antitrust hurdles needed to complete its £1.6bn takeover by Becketts Bidco.
Hilton Foods warns profit will be dented after slower than expected cost mitigation talks November 8, 2022 Meat packer Hilton Foods warned its annual operating profit would take a hit after challenges passing on high inflationary costs in its seafood arm, causing shares to plunge. In a trading update on Tuesday morning, the FTSE 250 firm admitted its profit would come in at a lower than anticipated sum following challenges in its [...]
Letters: Pick your own problems November 8, 2022 [Re: Let’s be honest, we need to fix the Channel crisis if we want positive immigration, November 3] Unlike Matthew Lesh I do not see the need for more migrants to pick produce. 17,410,742 people voted Leave, couldn’t they pick the produce. Colin Price [Re: Net zero won’t come cheap, but the impact of floods [...]
