Mexican fast food chain Tortilla poaches rival Chilango May 23, 2022 London listed restaurant group Tortilla has snapped up rival Chilango, as it seeks to reap the rewards of office workers returning to London. The Mexican fast food chain dished out £2.75m to buy Chilango from the investment firm RD Capital Partners , it announced on Monday. Chilango’s estate of eight UK sites – six of [...]
Number 10 hits out at rail union in threat to bring in strike busting legislation May 23, 2022 Downing Street has landed a fresh blow on the UK’s rail unions as Boris Johnson renews threats to bring in strike busting legislation. Johnson’s official spokesman told journalists today that the PM would not rule out new laws that would force a minimum number of public transport staff to still work during strikes. The legislation [...]
UK launches £40m competition to roll out self-driving commercial vehicles May 23, 2022 The UK Government has launched a £40m competition to kick-start the roll out of commercial self-driving vehicles from 2025. Announced today by investment minister Lord Grimstone, the ‘Commercialising Connected and Automated Mobility’ will provide grants to help increase the UK’s reputation as an industry world leader. Out of the total funding, £1.5m will be used [...]
Harrods hires new CFO as department store looks to recover from Covid with global expansion May 23, 2022 Harrods has appointed a new chief financial officer as the luxury department store continues the road to recovery after the Covid pandemic. Tim Parker will join the business after a ten-year stint at Jardin Matheson, a Hong Kong-based and London-listed conglomerate. Over the past decade, Parker held several senior finance top jobs across Hong Kong [...]
IEA opposes deepening fossil fuel reliance amid escalating energy crisis May 23, 2022 The energy crisis should not lead to a deeper dependence on fossil fuels, warned International Energy Agency chief Fatih Birol.
AI specialists Pupil swoop in for UAE surveying firm ASME with renewed focus on Dubai and Abu Dhabi May 23, 2022 Data tech firm Pupil have swooped in for a leading surveying company specialising in UAE property The Artificial Intelligence (AI) pioneers, who use spatial mapping tech, sealed the deal to acquire Aus-Surv Middle East, which has completed over 600 high-rise and mixed use developments in Dubai and Abu Dhabi. Pupil, which entered the gulf state’s [...]
Bitcoin marginally up as community celebrates ‘Pizza Day’ May 23, 2022 Bitcoin is currently changing hands for around $30,500 - that's up by almost three per cent since this time yesterday.
UK’s information watchdog tells Clearview AI to delete photos of British people from facial recognition systems May 23, 2022 The UK’s information watchdog has told surveillance tech firm Clearview AI to delete its database of facial images scraped from British people’s social media profiles. The UK’s Information Commissioner’s Office (ICO) also fined the tech firm £7.55m, after ruling the firm broke the law by taking people’s photos without their permission. The intervention comes after [...]
Not Getting Enough Recognition At Work? It Might Be Time To Move May 23, 2022 If you’re feeling like you don’t get enough recognition for the work that you do, you’re not the only one. It’s just not enough to get paid at the end of the month – feedback, both positive and constructive, as well as acknowledgement of a job well done is crucial not only for employee morale, [...]
I can’t believe it’s not Gazprom! Gas giant’s UK division seeks rebrand as it severs ties with Putin May 23, 2022 Gazprom Energy is planning to rebrand its UK supply business as it looks to distance itself from Putin's regime and Russia's invasion of Ukraine.
