Nokia exits Russian market following Ericsson’s lead April 12, 2022 Nokia has announced it will be going one step further than its rival Ericsson and will fully pull out of the Russian market.
Letters: Oh Lords, grant us privacy April 12, 2022 [Re: House of Lords report into facial recognition, March 31] The House of Lords’ new report on “New Technologies and the application of the law” addresses the privacy concerns on the use of live facial recognition (LFR). This comes as no surprise given the continual backlash against the software, which has the potential to infringe [...]
Chief of PageGroup recruitment firm reveals plans to step down after 16 years at the helm April 12, 2022 The chief executive of PageGroup recruitment firm has revealed plans to to step down after 16 years at the helm. The announcement was made after the company had record results in the first quarter of the year, with almost £260m in gross profit, up more than 40 per cent on 2021. Making the announcement about [...]
Shell restarts LNG shipments from giant floating gas site April 12, 2022 Shell has restarted shipments of liquefied natural gas (LNG) from Prelude, its massive floating plant off the coast of Western Australia.
Waitrose left with £4m hole in pocket after brief deal with online partner April 12, 2022 Supermarket Waitrose is owed some £4m after a four-month partnership with an insolvent venture launched by an Ocado founder. According to a report in The Times newspaper, Waitrose is the second-largest trade creditor of online grocery business Today Development Partners, which collapsed last month. This was laid out in a progress report by administrators at [...]
Hostile Twitter takeover rumours grow as Elon Musk boasts he can grow stake ‘at any time’ April 12, 2022 The richest man in the world, Elon Musk, has fuelled rumours he will attempt a hostile takeover of Twitter, after saying he can boost his stake in the site “at any time”. The billionaire entrepreneur who runs Tesla and Space X became the social media giant’s main shareholder last week, but rejected an invitation to [...]
MJ Hudson revenue leaps after growth in ESG and sustainability divisions April 12, 2022 Management company MJ Hudson Group has reported skyrocketing revenue growth, in interim results published on Tuesday. In results for the six months ended 31 December 2021, the City firm posted 48 per cent revenue growth. Revenue lifted to £23.4m from £15.8m in the first half, driven by “strong organic growth”, particularly in ESG and sustainability. [...]
Explainer-in-brief: As NHS chiefs call for more rules, is Covid-19 back? April 12, 2022 Just as many of us were beginning to feel like the worst of Covid-19 was behind us, the chief executive of the NHS Confederation has warned that Easter could be ‘as bad as any winter’ in the health service. In the last week, around 20 NHS trusts issued divert warnings, telling ambulances to take patients [...]
Nanoco Group continues growth story with surging revenues April 12, 2022 Revenues at nanomaterial developer Nanoco Group have risen 21 per cent to £1.3m amid increased commercial activity.
Unemployment drops further as UK pay falls for second month in a row amid inflation frenzy April 12, 2022 According to the Office for National Statistics, unemployment fell yet again to 3.8 per cent in February, down from 3.9 per cent. The UK employment rate was largely unchanged on the quarter at 75.5 per cent, but still sat below pre-Covid pandemic levels. The ONS’ estimate of payrolled employees for March 2022 shows a small [...]