WeWork attracts workers back to the office with pay as you go desks August 25, 2021 WeWork will allow customers to rent workspaces on a pay as you go basis in a bid to attract employees back to its offices. This week, WeWork launched its OnDemand service at 40 locations across the UK and Ireland, including London, Birmingham, Manchester, Cambridge, Edinburgh and Dublin. Desks can be booked for £45 per day [...]
Covid recovery: Jobs market rebound to power through coming months August 25, 2021 The UK jobs market recovery is likely to power through the coming months driven by employers ramping up hiring to deliver on new business plans, according to fresh figures published today. New data from the Recruitment and Employment Confederation shows in the three months to July of this year, a net balance of 29 per [...]
Citigroup forces UK junior bankers to take two weeks off by October August 25, 2021 Citigroup has asked its junior bankers across Europe, the Middle East and Africa (EMEA) to take two weeks off work by the end of September. The measures, introduced in July and first reported by Bloomberg, form part of the Wall Street giant’s bid to improve working conditions for its youngest employees. The bank is fighting [...]
Chicken bakes unavailable as Greggs affected by supply chain disruption – CityAM : CityAM August 25, 2021 Bakery chain Greggs is the latest operation to be hit by supply issues after it confirmed shortages of its popular chicken bakes. The food outlet has been affected by shortages of chicken-based products, Gregg’s confirmed to PoliticsHome. It is the latest operation to struggle with items being off the menu after chicken restaurant Nando’s was [...]
Markets pullback but Deloitte finds finance professionals bullish in long term August 25, 2021 The cryptocurrency markets are broadly down this morning, as the majority experience pullback after recent strong performances.
Covid vaccine protection could fall below 50 per cent for the elderly by winter August 25, 2021 A leading scientist has warned that the protection provided by two doses of the Pfizer and AstraZeneca coronavirus vaccines could fall below 50 per cent for the elderly by the winter months. The test results from 1.2m users of the Zoe Covid app showed that protection from two jabs starts to wane “even within six [...]
Crime watch: loan fraud hits three year high August 25, 2021 Criminal financial activity is on the rise with loan fraud rates at their highest level in more than three years according to new data. According to Experian, which analysed data from the National Hunter Fraud Prevention Service, fraud rates are experiencing an “alarming surge.” Loan fraud, the practice of falsifying information on application forms, has [...]
Gatwick unveils plans for permanent second runway despite Covid hit August 25, 2021 Gatwick Airport has today unveiled its full plans to add a second permanent runway despite the current shortage of passenger numbers due to the coronavirus pandemic. Under the scheme, which was first announced back in 2018, the Crawley airport’s northern runway, which is currently used in emergencies and as a taxiway, will be modified for [...]
Japan’s top medical advisor slams Olympics chief Bach over return to Tokyo August 25, 2021 Japan’s top Covid-19 advisor has blasted International Olympic Committee (IOC) chief Thomas Bach for returning to Tokyo to attend the opening ceremony of the Paralympics. Bach’s visit comes as the country continues expanding emergency curbs to contain the pandemic. Shigeru Omi, chairman of a government subcommittee on the coronavirus response, criticised the decision at a [...]
Pinduoduo shoot up 22 per cent after donating £1bn to Chinese agriculture sector August 25, 2021 Chinese e-commerce group Pinduoduo said it would donate RMB 10bn (£1.12bn) in future earnings to contribute to the development of agriculture as part of the country’s “common prosperity” vision. Shares for the Nasdaq-listed company were up 22 per cent following the announcement of the programme. Pinduoduo reported its first-ever quarterly profits as a public company [...]
