PMQs sketch: Volodymyr Zelenskyy is the benefactor Sunak’s broken Britain headache February 8, 2023 Ukraine’s prime minister Volodymyr Zelensky made a surprise visit to Britain as Rishi Sunak dodges questions of his cabinet reshuffle in Prime Minister’s Questions, writes Sascha O’Sullivan Britain’s infrastructure is falling apart, the country is plagued by strikes and Rishi Sunak’s government can’t shake off a hangover from Boris Johnson. If Volodymyr Zelenskyyy was struggling [...]
Elliptic beefs up leadership team with two senior appointments February 8, 2023 Elliptic has expanded its global leadership team with the appointment of Barry Chubrik and Sophie Froment.
Bid for self-preservation: eBay to slash 500 jobs as e-commerce giant eyes shift to new technologies February 8, 2023 eBay is joining the ranks of other tech companies laying off staff in a self-preservation effort during a challenging economic environment. The e-commerce giant announced it is cutting 500 jobs – about four per cent of its workforce – so that they can “continue to be successful”, in a memo written to employees on Tuesday [...]
High Street retail race: Marks and Spencer predicted to overtake John Lewis by 2026 February 8, 2023 Marks & Spencer will overtake John Lewis in the rankings of the UK’s biggest retailers by 2026, according to a new sales forecast. Tesco will retain its position as the largest retailer, followed by Sainsbury’s, but Amazon is on track to move into the top three within the next few years, industry title Retail Week [...]
Drax rules out power cuts as Unite announce nine days of strikes at energy plant February 8, 2023 There is no threat to electricity supplies to homes and businesses, argued energy giant Drax, despite Unite's calls for strikes.
Zelensky’s visit: UK sanctions six Russian weapons makers and eight members of country’s ‘elite’ February 8, 2023 The UK government has sanctioned six Russian weapons makers and a further eight members of the country’s “elite” following Volodymyr Zelensky’s first visit to Britain since Russia’s invasion of Ukraine. Foreign secretary James Cleverly said the new sanctions work to undermine Putin’s “war machine” as he vowed to block Russia from accessing the frozen assets [...]
Disney: Episode of The Simpsons referencing China’s ‘forced labour camps’ removed in Hong Kong February 8, 2023 Disney has removed an episode of The Simpsons referencing “forced labour camps” in China from its streaming service in Hong Kong. The company did not immediately respond to a request for comment about why the episode, One Angry Lisa from The Simpsons’ 34th series, is not available to stream on Disney+ in the semi-autonomous Chinese [...]
Zoom to cut around 1,300 ‘zoomies’ as workers ditch wfh and head back to the office February 8, 2023 Zoom is trimming its workforce by 15 per cent as demand for online working fades into the pandemic past. Eric Yuan, chief executive of Zoom, said the company needed to “reset” and had made the “tough but necessary decision” to bid farewell to around 1,300 employees, in a memo shared with the public yesterday. In [...]
Price of a litre of diesel falls below 170p for first time since March last year February 8, 2023 The average price of a litre of diesel has fallen below 170p for the first time in 11 months, according to data from Experian.
Bitcoin price rises and others follow in response to Powell’s inflation remarks February 8, 2023 Bitcoin is in the green at $23,170 this morning, while Ethereum improved on its position by 2.5%, trading for $1,672 as the markets lift.
