Deliveroo union deal branded ‘desperate attempt for positive PR’ May 12, 2022 Deliveroo has been criticised over a “publicity stunt” union deal, with investors unsure of what the move means for riders’ rights. The union announced on Thursday it was forging a “first of its kind” union recognition deal with GMB union, which has not traditionally been associated with the gig economy. The Independent Workers Union of [...]
Kwarteng intervenes in China-linked takeover of UK-based graphene firm on security grounds May 12, 2022 Kwasi Kwarteng yesterday triggered a further review of a proposed China-linked takeover of a UK-based graphene firm.
Government pushes back plans for corporate climate disclosure May 12, 2022 The government made an eleventh hour move to scrap plans forcing UK corporates to disclose their environmental impact from the Queen’s Speech this week, according to reports.
Binance appoints world-renowned cybercrime expert to security team May 12, 2022 Cryptocurrency exchange Binance has recruited Jarek Jakubcek as its Head of Intelligence and Investigations for Asia-Pacific.
Reemerging: Vodafone and Three open up tie-up talks once again May 12, 2022 The third and fourth largest mobile network operators in the country Vodafone and Three have reignited merger talks as the British telecom wars continue to heat up.
Gas prices soar as the Kremlin brings in sanctions against European Gazprom divisions May 12, 2022 Gas prices on UK and European benchmarks have spiked again after the Kremlin has imposed sanctions on Gazprom units in Europe and the US.
Hargreaves Lansdown hit by fall in customers and inflows amid market turmoil May 12, 2022 Retail investment platform Hargreaves Lansdown has been hit by a fall in customers and inflows this year as market turbulence caused Brits to pull back from investment.
Italy floats creation of new cartel to meet European interests May 12, 2022 Italian Prime Minister Mario Draghi has proposed the creation of a new cartel of oil consumers to make markets more favourable to Western buyers.
More rate hikes are coming, Bank of England official warns May 12, 2022 More rate hikes are on the way this year as the Bank of England continues to wrestle with a historic inflation crunch, a senior official at the monetary authority has said. Sir Dave Ramsden, a member of the Bank’s monetary policy committee, told households to brace for higher borrowing costs despite new figures released today [...]
Grainger: UK’s largest listed landlord sets aside £9.2m for fire safety remediation May 12, 2022 The UK’s largest listed residential landlord has taken a £9.2m provision to fix historic fire safety defects. The build-to-rent developer was not asked by the government to sign up to the building safety pledge, however reviewed its estate in a similar fashion. Speaking to CityA.M., CEO Helen Gordon said the company had “mirrored” housebuilders and [...]
