Top 10 cheapest London postcodes revealed September 15, 2021 A postcode district in Thamesmead has been found to be the cheapest postcode district in London for property at an average cost of £387 per square foot. The cheapest postcode was SE28, in the local authority of Greenwich, Brexley, where properties are x0.58 the London average, according to data from Churchill Home Insurance. The nearby [...]
Deliveroo launches free delivery offer for Amazon Prime members September 15, 2021 Amazon Prime members in the UK and Ireland will be able to get free unlimited delivery through a fresh partnership with delivery platform Deliveroo. All new and existing members of the online retailer’s speedy service will now be able to access a year’s Deliveroo Plus membership for free. Customers can use the offer on orders [...]
Ocean Outdoor records 196 per cent revenue lift as cities reopen September 14, 2021 Billboard operator Ocean Outdoor reported a revenue jump of 196 per cent after brands leapt at the opportunity to advertise across towns and cities after lockdown. Revenue for the second quarter increased to £25.9m, a huge rise on 2020’s sum of £8.8m. First-half revenue increased 11.2 per cent to £40.6m, up from £36.5m last year, [...]
Amazon to recruit additional 125,000 US workers September 14, 2021 Amazon has announced plans to recruit an additional 125,000 workers in the US. The ecommerce giant has also increased its average starting wage to more than $18 an hour. Workers in some locations will receive signing bonuses of $3,000, triple what the company was offering four months ago. Amazon will maintain its $15 an hour [...]
WeWork announces partnership with Manchester City September 14, 2021 Workspace provider WeWork has announced a partnership with Manchester City and its sister club New York City FC, including workspace for London-based employees. Manchester City employees based in London and Singapore will be able to access the firm’s workspace whenever desired and be able to access additional flexible space at global locations. New York City [...]
Nike shares fall as footwear giant could lose production of 160m pairs of shoes September 14, 2021 Nike is at risk of losing the production of 160m pairs of shoes after the shutdown of factory operations in Vietnam due to Covid. Nike shares were down 2.5 per cent on Tuesday morning after the sportswear giant was downgraded from neutral to buy at BTIG. Manufacturing in the country was paused in July after [...]
JD Sports first-half profit jumps after post-lockdown demand September 14, 2021 Sportswear retailer JD Sports Fashion has reported record earnings for the first half thanks to strong demand for sportswear. However, the company withheld its interim dividend and made the suggestion of a “larger full year dividend” instead. JD Sports said it had been limited by supply chain disruption, meaning it had struggled to meet demand [...]
UN condemns Taliban violence during protests in Afghanistan September 10, 2021 The UN has urged the Taliban to immediately cease the use of force towards protesters and journalists in Afghanistan. The body condemned the group for an “increasingly violent response” to protests against the new regime. It said four people had been killed by the Taliban during recent demonstrations for women’s rights and greater liberties. Taliban [...]
Apple: Whistleblower who documented workplace sexism fired September 10, 2021 Apple has fired a manager who reported the tech giant to employment authorities with allegations of sexism and bullying. An engineering manager based at the firm’s Silicon Valley headquarters said she was dismissed for leaking confidential information. Ashley Gjøvik garnered headlines after documenting allegations of safety and privacy concerns, going against the firm’s tight lipped [...]
Facebook looking to expand into new London office space September 10, 2021 Facebook is readying to grow its London presence with plans to move into a new office block near its current Brock Street base. The tech giant is reportedly looking to move into all of the space at 1 Triton Square, which is owned by British Land. Media company Dentsu Aegis had signed a prelet on [...]
