Taylor Swift helps Brits shake it off with entertainment spree but it’s a cruel summer for retailers August 8, 2023 Taylor Swift tickets, which went on sale in July, have powered a double-digit increase in entertainment spending so far this summer
Virgin Atlantic pilots are tired and overworked, union warns as strike threat looms August 7, 2023 Virgin Atlantic pilots are tired and overworked, according to a survey by the UK’s pilots union, with over three quarters of the airline’s pilots saying they had flown with a tired colleague who was “clearly not fit to fly”. Over 88 per cent of the 900 pilots surveyed by British Airline Pilots’ Association (BALPA) had [...]
Recruiters Page hit by lower confidence as firms batten down hiring hatches August 7, 2023 “Lower levels of confidence” in the market have proved difficult to overcome for specialist recruiter Page Group, which reported a 45 per cent fall in half-year profits this morning. London-listed Page posted an operating profit of £63.9m for the six months ending 30 June, down 47.5 per cent in constant currencies from £115.3m in the [...]
British chip maker plans US move after government strategy let-down August 6, 2023 Chip manufacturer Pragmatic Semiconductor has suggested the government’s weak semiconductor strategy is to blame for a US expansion. The taxpayer funded chipmaker is looking to raise upwards of £100m of investment as it eyes up a US expansion after setting up a subsidiary there in February. “We’re not going to be raising 10 times that, [...]
Hybrid working: Now even Zoom tells staff to be in the office more often August 6, 2023 Zoom, once a remote work champion, has beckoned employees back to the office more often as pandemic work-from-home habits begin to topple. The company synonymous with virtual meetings now insists that staff – known as Zoomies – who live within 50 miles of a Zoom office should abandon their home desks spend at least two [...]
Commercial radio giant Global shuffles management playlist August 6, 2023 Global, the owner of LBC, Heart and a host of commercial radio stations, has reshuffled its management deck despite maintaining its spot as the number one commercial radio company Both the finance and marketing chiefs of the UK’s largest commercial radio group have bid farewell to the company in recent weeks, according to Companies House [...]
Virgin Atlantic pilot strike action up in the air amid fatigue row August 6, 2023 Virgin Atlantic is heading into turbulence pilots are revving up for a potential strike later this year, demanding an end to the pandemic changes that aimed to rescue the airline from bankruptcy. British Airline Pilots’ Association (Balpa), the union representing the pilots, has raised “serious concerns” about pilot fatigue and wellbeing as 96 per cent [...]
Formula E, going green, and that £4bn Tata Group battery factory August 4, 2023 The Formula E season may be over but the technology never sleeps. And when technology can be transferred from a race track and into our homes – whether that be electric generation software or broadcasting structures – it can be revolutionary. When tech folk talk of what’s called “Race to Road” they refer to motorsporting [...]
Parity shares surge 13 per cent after gloomy update and job cuts mooted August 4, 2023 Shares in data and technology recruitment company Parity rallied on Friday morning after it announced it was chopping revenue guidance for its upcoming trading update. Parity group’s shares spiked over 13 per cent on Friday morning even after it said it expects revenue in the first half of 2023 to decline 10 per cent from the [...]
Capita shares plummet 11 per cent as contractor reveals cyber attack cost £25m August 4, 2023 Capita shares slumped 11.4 per cent on Friday morning after it said a recent data breach could cost it up to £25m. The government contractor, which provides data and IT outsourcing processes, said this morning it expects a major cyber attack in March could cost it £20-25m, as an investigation nears its close. This figure is [...]
