Tesco launches zero-waste trials in stores September 13, 2021 Tesco has launched zero-waste shopping trials at ten stores where customers can buy goods in reusable packaging so they can be returned and used again, in partnership with Loop, a waste management company. Customers shopping in the ten Tesco stores, all in the east of England where the initiative is being tested, will be able to [...]
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 [...]
City bribery: British American Tobacco accused of arranging Mugabe bribe September 13, 2021 One of the largest tobacco companies in the world has been accused of bribing Robert Mugabe, the former president of Zimbabwe. City-based British American Tobacco (BAT) was part of negotiations to pay between $300,000 and $500,000 to Zanu-PF, Mugabe’s political party in 2013, according to a BBC Panorama investigation, which will be aired this evening. [...]
PwC to reveal pay gap between employees from different social classes September 13, 2021 PwC will publish data about the pay gap between its employees of different socio-economic backgrounds, the Big Four firm has reportedly said. The details, which will be published this week, will mark the first time the accounting giant makes such information public according to This is Money, which first reported the news. The pay gap [...]
Brexit hit: Stephen Rubin’s Pentland moves to Ireland September 12, 2021 Citing Brexit, the chairman of Pentland Group has relocated overseas according to The Times, who first reported the news. Stephen Rubin was Britain’s biggest taxpayer three years ago according to The Sunday Times Tax List. His brand management company Pentland Group is the largest shareholder in JD Sports, and owns other sports clothing brands including [...]
Channel 4 agrees late deal with Amazon Prime to air Emma Raducanu’s US Open final September 11, 2021 Emma Raducanu’s US Open final against Leylah Fernandez will be aired live for free on Channel 4 after the broadcaster agreed a last-minute deal with Amazon Prime. The 18-year-old is the first British woman to reach a Grand Slam singles final since Virginia Wade, who played at Wimbledon, in 1977. Amazon Prime Video had exclusive [...]
Bank of England warns banks over poor regulatory reporting September 11, 2021 Some banks and building societies are not providing enough reliable information for regulators to properly identify threats to the financial system, the Bank of England (BoE) wrote in a letter to CEOs published yesterday. Financial firms are required to report data on areas including assets, capital and operations to the BoE who use the information [...]
Rishi Sunak hopes insurers could help fund social care costs September 11, 2021 Chancellor Rishi Sunak has told Treasury officials to start talks with the insurance industry over potential new products to help finance social care costs, a treasury source said, according to reports. The news follows plans set out earlier this week by the Prime Minister to raise taxes on workers, employers and some investors in an [...]
Apple sales worth billions of dollars at risk after App Store ruling September 11, 2021 Apple has been declared “anticompetitive” by a US judge who has ruled that the tech giant must let developers use alternative payment methods, according to widespread reports. Judge Yvonne Gonzalez Rogers said Apple “engaged in anticompetitive conduct” by stopping apps from using payment methods other than its own, which charges fees of up to 30 [...]
Lorry driver shortage: Govt promises 50,000 more HGV driving tests September 11, 2021 The government has announced that it will make 50,000 more Heavy Goods Vehicles (HGV) driving tests available a year in response to “the worldwide lorry driver shortage”. Covid has led to a major backlog of tests for new drivers – 28,000 as of May this year – while the recent ‘pingdemic’ has caused many drivers to [...]
