Twitter, Uber and Disney: What to expect in the latest round of tech earnings February 9, 2021 Twitter, Uber and Disney will all be under the spotlight as they report fourth-quarter earnings this week. Facebook, Apple, Amazon, Netflix and Google (known as the FAANGs) all closed the year with bumper results as the tech titans continued to cash in on the pandemic. But it will be a more complicated picture for Twitter, [...]
Cash is still king for the majority of UK investors February 9, 2021 Cautious Brits have continued to pile money into cash savings even as interest rates remain at record lows. Some 70 per cent of Brits have put their money into cash savings with a further 38 per cent putting more in over the next year, according to research commissioned by broker HYCM. It comes even after [...]
Arcadia staff gear up for legal action against Philip Green’s retail empire February 9, 2021 Dozens of ex-Arcadia staff have vowed to take legal action against the retail consortium, after it became clear their jobs would not be saved when the Arcadia brands were sold. Arcadia fell into administration in December, becoming the biggest high street casualty of the Covid-19 pandemic. Earlier this week online fashion giant Boohoo announced it [...]
Hydrogen truck firm Hyzon to go public through SPAC February 9, 2021 Fuel-cell truck firm Hyzon Motors has agreed to go public through a merger with blank-check firm Decarbonization Plus Acquisition Corp in a deal that values the startup at $2.7bn. It is the latest electric vehicle company which has chosen mergers with special purpose acquisition companies (SPACs) as the route to go public instead of traditional initial [...]
Office Politics: Apprenticeships aren’t the only way to nurture young talent February 9, 2021 This week is National Apprenticeships Week – a focal point of the national drive to make more training accessible for young people. But rather than a laser-like focus on apprenticeships or to focus on the Kickstart false-start – what it should be about is businesses recognising that apprenticeships aren’t the only way, and there are [...]
Disgruntled client ordered to pay law firm £25,000 over Trustpilot review February 9, 2021 A man who left an angry review of a legal firm on Trustpilot has been ordered to pay £25,000 in damages after a judge ruled he had committed libel. Philip James Waymouth hired Summerfield Browne to represent him in a dispute concerning the enforcement of a court order, paying a fixed fee of £200. Waymouth [...]
Best of travel: Beijing and its surprising contemporary art scene February 9, 2021 To tide us over until we’re able to travel again, we’re republishing classic travel stories from our archives. This week we revisit Laura Millar’s exploration of Beijing’s contemporary art scene. Read more: Jaguar XF P300 review: revitalised luxury at a surprisingly low price ••• Picture the likes of London’s White Cube, the Saatchi Gallery, and the [...]
EU weighs up forcing tech giants to pay for news February 9, 2021 The EU is said to be considering laws that would force tech giants to pay for news content, mirroring similar moves in Australia. The bloc is currently drafting two new laws — the Digital Services Act and the Digital Markets Act — which are designed to stamp out harmful material and curb Big Tech’s power. [...]
Fossil fuel pollution causes one in five premature deaths: study February 9, 2021 Three British universities have discovered that fossil fuel pollution is responsible for one in five premature deaths globally, with western Europe facing some of the greatest mortality rates. The new research, published this morning, suggests the health impacts of burning coal, oil and natural gases are far higher than originally believed – with Eastern North [...]
Safety equipment giant Halma appoints healthcare veteran as its new chair February 9, 2021 Safety equipment maker Halma has appointed former BTG CEO Louise Makin as its new chair this morning. She will take up the role in July. Makin who will join the board as an independent non-executive director and chair designate, replacing Paul Walker who has held the post for eight years. “Halma is driven by its [...]