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Missguided workers eye legal action after “emotionless” redundancies May 31, 2022 Missguided workers are eyeing legal action against the fast fashion brand as it hashes out a sale. After calling in administrators yesterday, the beleaguered online retailer is facing criticism from suppliers and former employees. Law firm Aticus has said it is readying legal action after employees have claimed the redundancy process was not properly managed. [...]
Gazprom widens gas cuts after EU brings in oil ban May 31, 2022 Russia has escalated its economic warfare with Europe, with Gazprom widening gas cuts across the continent in retaliation to Western sanctions.
Unacceptable: Airlines slammed for pandemic job cuts as travel crisis rages May 31, 2022 Airports and airlines have been blamed for severely slashing staff roles amid the pandemic, as holidaymakers face lengthy queues and disruption. A government source has told The Times that delays and flight cancellations are “completely unacceptable” as Brits have been warned to expect more chaos ahead of the Platinum Jubilee bank holiday. “The simple fact is [...]
UK worst affected by travel mayhem, experts warn May 31, 2022 As queues, delays and cancellations continue to leave a sour taste in the mouth of thousands of travellers, experts have warned the issue is affecting the UK predominantly. According to aviation analyst Sally Gethin, while Britain is not the only country struggling, the UK’s aviation sector was more beaten down by the pandemic compared with [...]
Treasury unveils plans for stablecoin insolvency regime led by Bank of England May 31, 2022 The Treasury has today unveiled plans for an insolvency regime for stablecoins as it looks to safeguard against the type of crash that saw terra shed almost all of its value this month.
Cudos signs up to polo spectacular as Web3 comes to Fulham May 31, 2022 ONE OF London’s hottest summer social tickets will this year come with a side of decentralised finance, after cloud network Cudos announced it had signed up to sponsor International Day at Chestertons Polo in the Park. The three-day polo spectacular held at Hurlingham Park has become a fixture in London’s social calendar, representing the largest [...]
Bain & Co snaps up London procurement specialist Proxima May 31, 2022 US consulting giant Bain & Co revealed it has snapped up London procurement specialist Proxima today, as demand for supply chain consultancy surges amid a wave of inflationary and geopolitical shocks.
Closing the gap: gender lens investing and the future of finance May 31, 2022 Public perception of gender equality issues runs in a repetitive cycle. We’ve all seen it. A scandal breaks out, or a study discovers yet another damaging disparity. Think pieces are written, hands are wrung, and companies promise to do better. Then the public’s attention moves on until another cycle starts. Actual change comes very slowly, [...]
What’s the future role of Bitcoin in Africa? May 31, 2022 Through Bitcoin, African nations have an opportunity to achieve equal status with global counterparts, writes Nigel Green.
Car ownership numbers fall for second consecutive year in more than a century May 31, 2022 Car ownership levels have fallen for the second consecutive year in more than a century. According to data from the Society of Motor Manufacturers and Traders (SMMT), in 2021 levels fell by 0.2 per cent to 35 million units despite the number of UK vehicles growing by 0.4 per cent to 40.5 million. Covid-related market [...]
