UK set to face ‘sluggish’ growth in the face of sticky inflation and Bank of England interest rate hikes
Watch: Boris Johnson worried about his dog Dilyn’s romantic urges July 28, 2021 Prime Minister Boris Johnson said that his dog Dilyn had “romantic urges” and was “endlessly on people’s legs” in Downing Street. Watch the full report.
So done with WFH: Young people feel isolated and underappreciated at work July 28, 2021 UK bosses are being warned to double-down on their support for young, entry-level employees as many feel isolated, overworked and underappreciated at work during the pandemic. One in four have been stuck working in their bedroom while living at home or isolated in their flat or a house share with strangers, according to research from [...]
Growing fears over doxing, revenge porn and slut shaming as nudes-sharing and dating apps soar July 28, 2021 Over the past 18 months, barriers to new relationships have pushed connections further online, and the quest for intimacy has gone digital. During three strict lockdowns, doxing, revenge porn and slut shaming have shut up as more and more people shared intimidate images online or signed up to an online dating platform. In fact, one [...]
Biden warns cyber attacks could lead to ‘real shooting war with major power’ July 28, 2021 US President Joe Biden has warned that if the United States ended up in a “real shooting war” with a “major power” it could be the result of a significant cyber attack on the country, highlighting what Washington sees as growing threats posed by Russia and China. Watch the full report.
Why UPS latest results make tech investors very nervous July 28, 2021 As Big Tech gets set to deliver their results, Systematic Ventures’ Max Wolff warns that package delivery company UPS’ earnings report has negative implications for tech companies that profited off home-bound consumers. Watch the full report.
One in three retail sales: Shoppers to spend record £120bn online this year July 28, 2021 Following a surge in online sales in 2020 thanks to Covid-19 and three strict lockdowns, UK shoppers are expected to further increase their spending as new data forecasts £120.5bn in online purchases this year alone. Online sales in the UK saw an increase of 46.5 per cent in 2020, with British consumers spending £110.6bn online [...]
One of this year’s most anticipated IPOs: Robinhood may hit $35bn tomorrow July 28, 2021 After a rollercoaster year full of growth and some controversy, and markets slowly roll into the second half of this year, it is safe to say that 2021 has already been a monumental year for initial public offerings, with 636 having already taken place. However, this week will see one of the most anticipated IPOs [...]
Morrisons: Singapore’s wealth fund GIC joins Fortress’ £6.3bn takeover deal July 28, 2021 In an unexpected turn of events, Singapore’s sovereign wealth fund joined this morning forces with the private equity-led consortium seeking to buy Morrisons in £6.3bn deal. Bosses at the supermarket giant agreed the takeover move, led by institutional investor Fortress, earlier this month. However, last night, Morrison’s largest shareholder, Silchester International, said it will not [...]
Exclusive: Sex discrimination and harassment cases in legal profession down by a third July 28, 2021 Sex discrimination and harassment complaints within the legal community dropped by a third last year. According to data from employment law firm Fox & Partners, shared with City A.M. this morning, the number of complaints made to the Solicitors Regulation Authority (SRA) went from 56 in 2019 to 37 in 2020. Remote working mostly contributed [...]
Tesco Bank pulls plug on all personal current accounts July 28, 2021 Tesco Bank is to close all of its personal current accounts at the end of November after it found that the vast majority of its customers were not using it for their main account. Customers will soon receive a message asking them to withdraw all their money from the accounts before 30 November, and change [...]