Investments fail to flow from water companies, reveals Ofwat December 6, 2022 Water and wastewater companies are falling behind on their investment plans, according to industry watchdog Ofwat.
Govt will not introduce airport-specific EU visas post-Brexit, says aviation minister December 6, 2022 In a bid to strengthen its UK workforce, the government will not introduce any specific visas for EU labourers to help airports with staffing levels. Aviation minister Baroness Vere told journalists it was up to everyone working in the sector to establish a “sustainable and secure UK workforce that meets our needs, [and] that is [...]
FCA tightens financial promotion rules over risky investment fears December 6, 2022 The City watchdog revealed it is tightening its financial promotion rules today amid fears that firms are peddling products to consumers without proper oversight.
Facebook: We’ll pull US news content if Congress passes law to pay December 6, 2022 Facebook’s parent company Meta has threatened to pull news content from the US if Congress push forward with plans to make the company pay for content. Meta’s head of policy communications, Andy Stone, tweeted the thread, saying that “if Congress passes an ill-considered journalism bill as part of national security legislation, we will be forced [...]
Data guru Vicky Byrom appointed Chief Data and Analytics Officer at Zumo December 6, 2022 Edinburgh-based crypto platform Zumo has brought in award-winning industry innovator Vicky Byrom as its first Chief Data and Analytics Officer.
Michelle Mone takes leave of absence from Lords amid PPE controversy December 6, 2022 Under fire Baroness Michelle Mone has taken a leave of absence from the House of Lords in the wake of a controversy involving PPE contracts. Mone is at the centre of a controversy involving the awarding of £200m of PPE contracts that were awarded to a firm linked with the Conservative-affiliated life peer. A spokesperson [...]
Mangata Networks to create over 550 UK jobs with satellite manufacturing site December 6, 2022 Telecoms company Mangata Networks is set to create up to 575 new jobs in the UK, as it plots a multi-million-pound satellite manufacturing site in Scotland. The move forms part of a nearly £84m grant, of which £54.5m has been injected by the Scottish government’s research and development body. The Glasgow-based company will pay back [...]
Two in five small theatres could close this Christmas following sales slump December 6, 2022 Two in five small theatres in the UK could face closure as energy costs soar and Christmas sales tank. According to a new study by GoDaddy and the Society of Independent Theatres, three quarters of independent theatres – those with fewer than 300 seats – say their ticket sales have still not returned to pre-Covid [...]
M&A slumps as UK dealmakers sit out rocky markets December 6, 2022 Mergers and acquisitions in the UK have slumped back to pre-pandemic levels this year as dealmakers play the waiting game amid wild swings on the markets, official figures have revealed. A total of 459 domestic and cross-border deals were completed in the third quarter of the year, nine down on the previous quarter and 159 [...]
Cocaine Bear, a drugged up warning for Netflix & co in the streaming wars December 6, 2022 Two ambulance workers rush inside a house where furniture is all over the place, and the walls are stained with blood. One of them opens a door, only to be attacked by a giant brown bear whose face is covered in – we quickly figure – human blood. These are the first 20 seconds of [...]