Mobile operator Three UK hikes staff wages considerably as it continues recruitment drive February 1, 2022 Mobile phone operator Three UK is planning to hike staff wages up to 12.6 per cent, as the country faces soaring prices for utilities and groceries. Some 2,500 retail staff will receive new minimum hourly rates set at £10.13 nationwide and £11.40 in London, excluding bonuses, the internet service provider said The pay hikes exceed [...]
Vice Media behind £15m Saudi government music festival February 1, 2022 Vice Media helped organise a Saudi government music festival in March 2020 despite pledging to stop all work in the nation following the fallout from the state-ordered murder of dissident Jamal Khashoggi.
Private equity giants mull $25bn bid for Novartis generics arm February 1, 2022 Two private equity giants are reportedly discussing launching a joint bid for the generics unit of pharma giant Novartis, according to reports.
Blackwell’s puts itself on the sale shelf after 143 years of family ownership February 1, 2022 One of the UK’s oldest booksellers Blackwell’s is looking to sell up after its 143-year history as it scraps plans to hand ownership of the business to its employees. As first reported by Mark Kleinman, the academic bookshop which has been owned by its founding family since its first store opened in Oxford in 1879, [...]
Diversity at the Bar is ‘gradually improving but more progress is needed’ February 1, 2022 The Bar Standards Board has said that the criminal bar has become more diverse but said that more progress is needed, after new figures showed that the bar is not representative of the wider UK population. Over the past year, the bar has gotten more diverse, according to the BSB figures, which show there are [...]
Financial SaaS firm OpenGamma closes $21m funding round to ramp up growth February 1, 2022 Financial software-as-a-service firm OpenGamma has closed a $21m funding round as it readies to ramp up growth plans.
Hackers move £2.6bn of Bitcoin stolen in 2016 Bitfinex attack February 1, 2022 Hundreds of millions of pounds worth of Bitcoin, stolen during a 2016 hack of exchange Bitfinex, have been moved by attackers.
Treasury brings in super tax to prevent energy owners cashing out February 1, 2022 The Government has subtly introduced a new "super tax" to deter energy company owners from cashing out lucrative gas contracts.
Creative industries get £50m boost as Tories drive ‘level up’ opportunities February 1, 2022 The government injects £50m into creative industries as the Tories hammer home their level up programme and invest in "world class" arts.
Londoners crazy about e-scooters as TfL trial exceeds half a million trips February 1, 2022 The e-scooter trial launched by Transport for London alongside micromobility operators Lime, TIER and Dott has exceeded more than half a million trips. According to data, since the trial began in early June 180,000 people have made 585,000 trips, for a total of 300 trips per person. October was crowned the busiest month as people [...]
