888 shares soar amid William Hill bargain deal April 7, 2022 Gambling giant 888 has agreed a renewed price for its acquisition of William Hill, dropping from £2.2bn to £1.95bn, and reflecting the change in the "macro-economic and regulatory environment" since the deal was first announced.
Unions reject BT’s largest pay rise in two decades April 7, 2022 Telecom giant BT said it will award all BT, Openreach, Plusnet and EE frontline workers a £1,500 consolidated pay increase, marking the highest pay award for employees in more than 20 years.
Financial watchdog chief calls on Meta to up its game with blocking investment fraud April 7, 2022 The head of the UK’s financial regulator has called on Facebook to take action against investment scams. Writing in The Telegraph, Nikhil Rathi, head of the Financial Conduct Authority (FCA), said Facebook’s parent company Meta needed to do more to tackle fraudsters targeting vulnerable people online. It comes as the Online Safety Bill progresses through [...]
BBC blocked from naming spy accused of abuse April 7, 2022 The BBC has been blocked from naming a supposed MI5 agent who exploited his position as a spy to abuse his partner.
Booming chip demand sees Samsung’s earnings jump 50 per cent April 7, 2022 Samsung Electronics posted an estimated 50 per cent jump in quarterly operating earnings this morning following strong demand for its products.
Workspace posts slow but steady recovery amid hybrid office return April 7, 2022 Workspace Group makes a bounce back, with like-for-like occupancy for office space up three per cent thanks to SMEs demand.
Ericsson exec Peter Laurin announces departure as supposed ISIS payment investigation continues April 7, 2022 Ericsson announced this morning that its Senior Vice President Peter Laurin has decided to leave the company to pursue other opportunities.
Ladbrokes owner Entain posts online slowdown as lockdown boom dwindles April 7, 2022 Ladbrokes owner Entain reported an online gaming slowdown this morning as the pandemic boom dwindled during the first quarter of 2022. Though net gaming revenue was down eight per cent compared to the immense growth seen in 2021, group revenue was up 31 per cent thanks to retail. Discussing the results, Jette Nygaard-Andersen, Entain’s [...]
LinkedIn triples UK editor headcount as it expands news desk April 6, 2022 LinkedIn has said it will be tripling its UK News headcount it has across the world as the firm expands from a professional network into a news one. The Microsoft-owned network currently employs three editors in the UK, which is increasing to nine, according to Press Gazette. Across the globe, the platform will now have 200 editors [...]
Former Phoenix boss Clive Bannister tipped as next competition watchdog chair April 6, 2022 The former boss of insurance group Phoenix has been tipped as one of the top choices for the chairman of Britain’s competition watchdog position. As reported by Mark Kleinman for Sky News, Clive Bannister, current chair of financial advisory group Rathbones and the Museum of London, may be in line to replace Jonathan Scott, who [...]
