Let’s be honest, spending three years at university is a waste of time for too many August 29, 2022 As hundreds of thousands of students prepare for their first day at university, they should know: most of them are wasting their time.
Monday read: Five day week is ‘in many cases not fit for purpose’, says Atom Bank chief August 29, 2022 The concept of a five day working week is " in many cases no longer fit for purpose for 21st century businesses”, the chief of digital lender Atom Bank said today as he hailed the success of a four day week at the firm.
Jupiter to sell 10 per cent stake in Starling Bank August 27, 2022 Asset manager Jupiter is reportedly in talks to sell its 10 per cent stake in digital challenger bank Starling Bank. This comes a few months after the bank hit a £2.5bn valuation. City sources told Sky News’ Mark Kleinman that Jupiter had instructed Citi to find buyers for its portfolio, which is made up of [...]
Cineworld landlord files winding up petition against cinema chain August 27, 2022 One of Cineworld’s landlords has sent a winding up petition to the cinema chain following several High Court claims. According to filings, the claim was presented on Monday and it is understood that it was filed by the landlord of the Picturehouse cinema in Piccadilly. The cinema’s landlord won a £2.9m lawsuit against Cineworld last [...]
Zahawi: Middle-earners will also need help with energy bills August 27, 2022 Chancellor Nadhim Zahawi has said that middle-earners will also need help with their energy bills. The comments come as Ofgem announced yesterday the energy price cap will rise over 80 per cent to £3,549 per year from October. Zahawi told the Telegraph that support should not be given only to people on benefits but also [...]
HBOS: Authorities close six year probe into former execs August 27, 2022 HBOS’s former executives are now off the hook after the Financial Conduct Authority (FCA) and the Prudential Regulation Authority (PRA) closed a six year investigation into the bank’s collapse. The watchdogs announced yesterday they would not take any further action. “In line with standard practice, the authorities’ independent decision-makers reviewed the matters under investigation and [...]
Cost of dropping off increased in most UK airports August 27, 2022 The cost of dropping off someone for a flight has increased in most UK airports, according to data published today. Figures from the RAC showed that, out of 21 of the busiest UK hubs, 16 have amped their costs in the last three years. “Anyone dropping a loved one off at the terminal this summer [...]
Boris Johnson warns against capping energy bills for everyone August 26, 2022 Boris Johnson has warned against capping energy bills for all households as this would benefit rich energy users at the expense of the vulnerable.
The Big Four’s legal ventures should worry mid-tier law firms August 26, 2022 THE BIG Four’s first forays into the legal sector in the 1990s ended in abject failure. Yet over the past decade, the world’s four biggest accounting firms have captured a significant share of the UK’s market for legal services, and have increasingly begun to compete with traditional firms. Deloitte, EY, KPMG, and PwC have used [...]
Overhauling planning laws key to reviving fracking argues industry body August 26, 2022 One of the UK's leading energy bodies has warned that a revival of fracking has to be married with planning reform.