These are the UK’s 10 highest paying companies according to new research from Glassdoor May 5, 2016 We've probably all wondered if the tech, banking and consulting sectors were really as lucrative as they seem to be. Now, a new report from recruiter Glassdoor has confirmed all our suspicions: they really, really are that well paid. In its inaugural pay report, Glassdoor has identified the 10 highest paying companies in the UK, [...]
Tesla executives Greg Reichow and Josh Ensign announce their departure ahead of Model 3 launch May 4, 2016 Electric car giant Tesla has announced two of its top motor executives will leave the company ahead of its widely-anticipated, mass-market Model 3 car. Tesla said its vice president of production, Greg Reichow, who had previously been pegged to lead the manufacturing of the Model 3 vehicle, would take a leave of absence after a [...]
Tesla Motors beats expectations in first quarter results and primes for the launch of its Model 3 vehicle May 4, 2016 Tesla Motors has beaten analyst expectations in its first quarter results and ramped up production as demand for its mass-produced Model 3 electric car has sky-rocketed. The figures Tesla posted revenue of $1.15bn (£793m) for the first quarter of 2016, a 22 per cent increase from the same period in 2015, while sales climbed 45 per cent year on [...]
Paddy Power Betfair lost big at the Cheltenham Festival but posts healthy growth in first quarter financial results May 4, 2016 Newly-merged Paddy Power Betfair's share price has fallen over three per cent after the company posted its first quarter revenues this morning, as the company was hit by "adverse" sales results following a harrowing Cheltenham festival. The figures Paddy Power Betfair's revenues were up 16 per cent to £339m across all four of the company's divisions: online, [...]
Transport Select Committee urges government to provide clear timetable for south east airport expansion plan May 4, 2016 The government's failure to set out a clear timetable for airport expansion has been blasted as a “squandered opportunity” by top MPs. In a report released today by the Transport Select Committee, which backs the construction of a third runway at Heathrow, ministers are urged to make a decision as soon as possible to end decades of “political dithering”. [...]
Adobe acquires audience engagement innovator Livefyre as part of its Adobe Marketing Cloud services May 3, 2016 US software giant Adobe has announced it is buying the content curation and audience engagement innovator Livefyre for an undisclosed sum. The Livefyre platform gives brands and publishers instant access to user-generated content that can be streamed in real time to websites, adverts, emails, apps and TV, and is also well-known for its online commenting [...]
Cheers to that: Britain is now the “beating heart” of the global wine trade May 3, 2016 Britain has become the "beating heart" and a "giant" of the global wine industry, according to research from the Wine and Spirit Trade Association (WSTA). We'll drink to that. Britain's wine trade has more than doubled in the last decade and has become a key hub for importing and distributing wine to 124 countries across [...]
Excalibur Steel and Liberty House confirm they have submitted bids for Tata Steel’s UK assets May 3, 2016 Excalibur Steel UK and Liberty House have confirmed they have submitted letters of intent to bid for Tata Steel's UK assets. They are the only two confirmed bidders for Tata's facilities in the UK, which the Indian steelmaker put up for sale at the end of March. Today marked an interim deadline in the sale, as [...]
This is how much Leicester City’s Premier League win cost bookmaker William Hill May 3, 2016 Leicester City's victory in the English Premier League has forced the UK's biggest bookie, William Hill, to pay out its biggest ever odds in betting history. William Hill are processing their largest ever payout on the Premier League – £3m in total, of which £2.2m will be a loss. This is ten times the previous worst [...]
