Coronavirus travel hacks: How to navigate London while avoiding the crowds August 26, 2020 Want to travel around London but coronavirus giving you second thoughts about getting on a packed tube train? London Travel Watch, the official watchdog for London transport users, has published a series of travel hacks designed to make getting around London easier while avoiding the crowds. London Travel Watch director, Emma Gibson said: “Many people [...]
No plans to return to the office for millions of workers August 26, 2020 There are no plans for millions of public and private sector workers to return to the office. A survey of 50 large employers by the BBC found none of them had plans to return all staff to the office full-time in the near future. Twenty firms have reopened their offices for staff unable to work [...]
Finablr to miss accounts deadline amid fraud claims August 25, 2020 Troubled payments business Finablr which is entangled in a fraud probe today said it would miss its deadline this week to publish its financial accounts. The Travelex-owner said on 23 June that it had changed its accounting reference date to 28 February, resulting in a deadline of 28 August to publish its financial statements. Finablr [...]
PwC grows global revenue to $43bn despite coronavirus pandemic hit August 25, 2020 Big Four firm PwC said its global revenue grew three per cent to $43bn (£32.7bn) in 2019-20, despite the impact of the coronavirus pandemic. PwC said during the nine months to the end of March revenue grew seven per cent, but said the coronavirus pandemic had a major impact on the remaining quarter to 30 [...]
Four in five recruitment firms expect financial hit this year from Covid-19 August 25, 2020 Four in five recruitment firms said they expect a drop in full-year income in 2020-2021 as a result of the Covid pandemic. The majority of recruitment firms forecast a 15-30 per cent drop in income compared to the previous year, the survey by HSBC’s professional services team found. HSBC UK’s head of professional services Chloe [...]
Four-in-10 Londoners expect pay rise in next 12 months despite coronavirus recession August 25, 2020 Four in 10 Londoners expect a pay rise in the 12 months despite the impact of the coronavirus pandemic on the economy. A survey by job board CV Library found 43.8 per cent of Londoners expected a pay bump in the next year. According to CV Library data, salaries in London increased two per cent [...]
Linklaters tells lawyers they can spend half their time at home permanently August 25, 2020 Magic circle law firm Linklaters today said its lawyers could spend up to half their time out of the office on a permanent basis. The London-headquartered firm, which has more than 2,000 lawyers worldwide, said the new policy was based on its experience during the coronavirus pandemic. The majority of Linklaters lawyers are still working [...]
Virtual live music business Melody VR buys Napster in $70m deal August 25, 2020 Virtual live music business Melody VR said today it has bought music streaming business Napster in a $70m (£53.8m) deal. Melody VR, which launched in 2018, uses virtual reality technology to allow music fans to experience gigs from artists such as Post Malone, Chainsmokers (pictured), Lewis Capaldi, Blake Shelton, Wiz Khalifa, Kelly Clarkson, Niall Horan, [...]
Amigo Loans chief exec threatens to resign if former boss rejoins company August 24, 2020 The chief executive of troubled subprime lender Amigo Loans has today threatened to resign from the company if its founder James Benamor rejoins in a management position. Amigo told the stock market this morning that it had agreed that new chief executive Glen Crawford could resign if Benamor rejoins the business. Benamor released a statement [...]
Cash Rules Everything Around Me: Hipgnosis Songs invests in Wu-Tang Clan supremo RZA’s catalogue August 24, 2020 London-listed Hipgnosis Songs Fund today said it had acquired 50 per cent of Wu-Tang Clan producer and rapper RZA’s back catalogue. Robert Diggs, known as RZA, founded Staten Island, New York, rap collective the Wu-Tang Clan in 1992. The kung fu-obsessed hardcore rap crew scored a smash hit with their 1993 breakthrough album Enter the [...]