Brace yourself, Gen Z and their ‘quiet quitting’ trends are ready for the workforce August 25, 2022 The end of August is back-to-school season. But September is significant for a different type of new beginning. Soon, thousands of businesses will be welcoming Generation Z graduates into the office. So who are Gen Z, and what advice is helpful for the incoming workforce and their new employers? Born between 1997 and 2012, Gen [...]
Government is ‘running out of time’ to save British households from energy crisis August 25, 2022 The government is “running out of time” to save businesses and households from the inflation crisis, one of the country’s largest business groups has warned today. Policymakers should be launching measures now to shield Britons from the looming long recession, the British Chambers of Commerce (BCC) said today. The BCC has written to chancellor Nadhim [...]
UK car production grows for third consecutive month but still below pre-Covid August 25, 2022 UK automotive production grew in July by 8.6 per cent, marking the third consecutive month of growth, according to figures published today by the Society of Motor Manufacturers and Traders (SMMT). Factories produced 4,605 additional vehicles – a signal that component shortages might begin to ease – while output for the UK market surged 40.7 [...]
Energy bosses rally around calls for crisis fund to support households August 25, 2022 Energy bosses are rallying around Scottish Power's call for a “tariff deficit fund” to ease the pain facing millions of Brits this winter.
Mastercard strikes deal with Binance to launch crypto payments card August 24, 2022 Mastercard is set to launch a cryptocurrencies payments card, after striking a deal with Binance, the world’s largest crypto exchange. The crypto debit card will let users pay for everyday purchases using various cryptocurrencies, including Bitcoin, that they have stored in their Binance accounts. The payments card, which converts cryptocurrencies into fiat currency, is set [...]
BAE backed spacecraft designer Reaction Engines prepares for IPO August 24, 2022 Boeing and Rolls-Royce backed aerospace engineering firm Reaction Engines is preparing to launch a more than £1bn initial public offering (IPO). The Oxfordshire-headquartered spaceplane designer has told shareholders it intends to raise a pre-IPO round of funding, with a view to listing its shares on public markets as soon as 2024, Sky News first reported. [...]
Peter Mandelson calls on Labour to ‘redouble’ its private donation efforts August 24, 2022 Lord Peter Mandelson has called on Labour to “redouble” its efforts to bring in private donations amid claims the party is struggling to fill its coffers. The party grandee, and New Labour architect, told City A.M. that Sir Keir Starmer “cannot allow himself or the party” to become beholden to “hard-left trade unions” that “are going to [...]
Rio Tinto ramps up bid to control vast Mongolian copper mine August 24, 2022 Rio Tinto has made a fresh attempt to take control of the huge Oyu Tolgoi copper mine in Mongolia, after its first bid was rebuffed.
Unite warns of disruption to Notting Hill Carnival as bus drivers strike on Bank Holiday August 24, 2022 Unite has warned of travel disruption for those going to the Notting Hill Carnival as over 1,000 bus drivers working for London United are set to strike during the Bank Holiday weekend. Striking bus drivers operate from several depots including Park Royal, Shepherd’s Bush and Stamford Brook, which serve routes close to the carnival. Transport [...]
Offshore energy sector calls on Westminster to back oil and gas production August 24, 2022 Industry body Offshore Energies UK has challenged Westminster to back domestic energy production in the North Sea.