PwC to reveal pay gap between employees from different social classes September 13, 2021 PwC will publish data about the pay gap between its employees of different socio-economic backgrounds, the Big Four firm has reportedly said. The details, which will be published this week, will mark the first time the accounting giant makes such information public according to This is Money, which first reported the news. The pay gap [...]
It’s working: UK Covid vaccination programme slashes death likelihood September 13, 2021 Only 640 of the more than 51,000 people who died of Covid-19 within the first six months of this year were fully vaccinated, according to the latest figures. The data from the Office for National Statistics (ONS), for the months between 2 January and 2 July, has found that the UK’s immunisation programme is reducing [...]
Epic Games to appeal ruling in Apple case September 13, 2021 Epic Games, the company behind Fortnite, has announced it will appeal a US court ruling which judged Apple’s controversial app store fees do not break monopoly laws. Epic Games accused Apple of creating a monopoly after its developers were kicked off the app store for flouting payment rules which allow the tech giant to siphon [...]
ABF pins ‘lower than expected sales’ at Primark on summer pingdemic September 13, 2021 Sales at Primark, a subsidiary of Associated British Foods, have dipped below expectations in the last year, as Gen Z shoppers move away from fast fashion brands. In its pre-close trading update for the full year to 18 September, Associated British Foods (ABF) said: “We have seen a significant improvement in trading as the period [...]
Gig economy: Dutch court rules Uber drivers are employees not contractors September 13, 2021 In the latest victory for gig economy workers fighting for improved rights, a Dutch court has ruled that Uber drivers are employees rather than independent contractors. The decision entitles Uber drivers to greater workers’ rights, and in some cases makes them eligible for back pay. Amsterdam’s District Court ruled that drivers who work through the [...]
Gradual recovery: Central London shows signs of return to the office September 13, 2021 Central London has begun to show signs of a return to the office, but the capital’s retailers and attractions are yet to reap the benefits of a complete footfall recovery. Londoners marching back to the office has seen footfall levels lift 4.2 per cent, but foot traffic as a whole has slumped 7.8 per cent [...]
S4 Capital raises revenue predictions for third time this year September 13, 2021 S4 Capital, a digital advertising company led by Sir Martin Sorrell, has revised its annual revenue predictions upwards after intake climbed 56 per cent in the first half of the year. Revenue stood at £279.3m for the six months ending April 30, up 98 per cent compared to the same period in 2020 while operational [...]
Credit Suisse may bow out of leading Olam’s food London listing September 13, 2021 Credit Suisse may reportedly bow out of leading Olam’s food ingredients listing in London, after turning down a loan request. The beleaguered Swiss bank chose not to take part in loan facilities Olam raised in August, Bloomberg first reported, citing people familiar with the matter. Credit Suisse was joined by Citigroup and JPMorgan Chase & [...]
Bitcoin steadies in the water as global markets continue to look fearful September 13, 2021 Bitcoin continues to hold steady around the $45k level this morning, where it traded for most of the weekend.
First Group shares up as bus firm confirms £500m payout September 13, 2021 Shares in transport operator First Group rose 4.0 per cent this morning as the firm confirmed it would return £500m to shareholders through a tender process. In a statement ahead of today’s AGM, the FTSE 250 firm said that it was trading in line with expectations for the year so far. It said that bus [...]
