Black Friday backlash: Amazon and GMB dispute protest numbers at UK warehouses November 29, 2019 Staff at Amazon warehouses are staging walkouts on Black Friday and Cyber Monday in a row over the “appalling” treatment of workers. The demonstrations are taking place today and on Monday at Amazon’s head office in Shoreditch, as well as seven other locations across the UK, the GMB union said, and involve “100, if not [...]
FTSE 100 edges up as Europe rises on trade deal hopes November 27, 2019 The FTSE 100 climbed half a per cent this morning as European stocks rose on hopes of a US-China trade deal. London’s blue-chip index was up 0.49 per cent by 10.30am to 7,438 points with traders also awaiting a closely-watched election poll that is due to be published tonight. Read more: Boris Johnson promises sensible [...]
Vodafone improves guidance but lowers dividend after €1.9bn loss November 12, 2019 Vodafone hiked its full-year earnings guidance today as organic earnings rose 1.4 per cent in its second quarter, but the telco fell to a loss of almost €1.9bn in its latest half-year results. Read more: BT shares fall as Virgin Media decides to ditch BT mobile for Vodafone network The figures Vodafone fell to a [...]
Twitter shares plunge after revenue hit by advertising bugs and weaker demand October 24, 2019 Twitter has posted worse-than-expected profit and revenue figures for the third quarter, which the company blamed on advertising bugs and unusually low demand over the summer. Shares in the social media platform tumbled over 18 per cent following the announcement. Read more: Twitter founder Jack Dorsey has account hacked as series of racist messages posted [...]
Extinction Rebellion targets Blackrock in protest over ‘climate criminals’ October 14, 2019 Extinction Rebellion protesters today targeted the London headquarters of Blackrock as they set their sights on the City over its role in what they describe as a looming environmental emergency. Climate activists glued themselves to the doors of the asset management giant, while others staged a mock dinner party with rolled up banknotes on their [...]
iPhone 11 launch date, price, and 5G: Everything you need to know September 10, 2019 The internet rumour mill has been in overdrive in recent months before the launch of Apple’s next generation iPhone 11. As Apple battles slipping sales for its flagship products, the Silicon Valley tech giant will be hoping its latest models will win over consumers. Ahead of the iPhone 11 launch tonight, here’s everything you need [...]
No-deal Brexit could cause ‘full-blown’ recession in 2020 July 18, 2019 A no-deal Brexit could plunge Britain into a year-long recession and shrink the economy by two per cent next year, the UK’s public finances watchdog has warned. Britain may already be on the verge of a “full-blown” recession but crashing out of the European Union without a deal would damage growth further, the Office for [...]
Peak fares face the axe in proposed shakeup of rail ticketing system February 18, 2019 Peak rail fares could be abolished under new proposals to move away from the UK's complex ticketing system to a fairer, "tap-in, tap out" model. Trade body the Rail Delivery Group (RDG) has called for a revamp of the ticket system to ensure customers only pay for what they need and are always charged the best-value [...]
Corbyn allies join protest at Bank of England demanding transfer of gold to Maduro regime February 7, 2019 Two of Labour leader Jeremy Corbyn's most prominent allies joined a protest outside the Bank of England today, demanding that it release over £1bn worth of gold to the regime of Venezuela’s socialist strongman Nicolas Maduro. Members of Maduro's regime have laid claim to the country's gold reserves held at the Bank. Former Mayor of [...]
Global stock markets and sterling slide as economic slowdown fears continue into new year January 2, 2019 Global markets have started the year in the red as investors struggle to shake off the economic slowdown fears that plagued stocks last year, while the pound has taken a more than one per cent hit against the dollar on the first day of 2019 trading. The FTSE 100 was down more than one per [...]