Recruitment firm Robert Walters continues to cash in on hiring spree October 11, 2022 Recruitment firm Robert Walters continues to cash in on the competitive labour market, with gross profit jumping 22 per cent in the third-quarter. The British firm said net fee income climbed 26 per cent year-on-year to £112m in the three months ending 30 September. “The macro-economic backdrop became more uncertain as the quarter progressed. Nevertheless, job flow [...]
UK spy chief tells parents not to worry about letting kids on TikTok October 11, 2022 Top UK spy chief has said he wouldn’t tell youngsters to keep away from TikTok, despite concerns from the government about the Chinese app’s safety. The director of GCHQ Jeremy Fleming told BBC Radio 4’s Today show that he would not be concerned if his own children used the social media, but said he would discuss [...]
Virgin Media O2 slashes social tariff broadband price for struggling Brits October 11, 2022 Virgin Media O2 has slashed the price of its social tariff as the telecom giant follows calls to support the hardest hit by macroeconomic headwinds. The price of the basic band, which is specifically targeted at those receiving Universal Credit, will drop by 16 per cent to £12.50 per month for all new and existing customers, making [...]
Mirror publisher Reach faced ad ‘blackout’ following Queen’s death despite sales uplift October 11, 2022 Daily Mirror and Daily Express publisher Reach said it faced a temporary advertising “blackout” following the death of Queen Elizabeth II, despite an uplift of newspapers sold. In a trading update, the company posted a 8.1 per cent digital revenue decline in September as a result of the “industry wide reduction” in advertising spend following [...]
Former Liverpool FC CEO says live sports needs to up its game to keep Gen Z’s attention October 11, 2022 Peter Moore knows a thing or two about making sport work as a business. After all, his time as the boss at videogame developer EA Sports coincided with the boom in online sports competition that still continues today. And his time running Liverpool FC saw the club win the Champions League and the Premier League, [...]
Bonhill loses nearly a third of its value after announcing sale plans October 10, 2022 Bonhill Group lost nearly a third of its value this afternoon after the financial publisher confirmed it was mulling a sale. In a trading update, the London-listed company, which produces magazines and events for financial advisors, said it would be conducting a strategic review, which could lead to a sale of the business, or at [...]
John Cleese set to join GB News in a push for ‘free speech’ October 10, 2022 John Cleese is making a return to TV, joining GB News for a regular slot in the coming year. The Monty Python star will have a regular spot on the talk channel in 2023 alongside comedian Andrew Doyle. Speaking on Radio 4’s Today show this morning, Cleese, 82, explained that the GB News team framed the channel as a “free-speech channel” [...]
Home Office reprimanded after sensitive documents left at London venue October 7, 2022 The Information Commissioner’s Office has issued a formal reprimand to the Home Office, after sensitive documents were found at a London venue. The documents, which were handed by venue staff to police in September 2021, included two Extremism Analysis Unit Home Office reports and a Counter Terrorism Policing report. The Extremism Analysis Unit analyses ideologies [...]
UK and US make ‘significant progress’ on data partnership as Biden pens EU wide deal October 7, 2022 The government said it has made “significant progress” in securing a new tech and data partnership with the US. It comes as Digital Secretary Michelle Donelan met with US Secretary of Commerce Gina Raimondo earlier today to work on a new data adequacy agreement in the coming weeks. Data adequacy agreements allow personal data to [...]
Stronger than expected US job growth plunges pound against dollar October 7, 2022 The pound slipped 0.3 per cent against the dollar at $1.113 this afternoon after US labour figures suggested stronger than expected jobs growth. US employers added 263,000 jobs in September as the country’s unemployment rate dropped to 3.5 per cent, figures from the Bureau of Labour Statistics show. Economists polled by Reuters had previously expected US [...]
