HS2 opens huge factory to ramp up works on UK longest railway bridge February 9, 2022 HS2 has built a temporary factory larger than Royal Albert Hall to ramp up works on the Colne Valley viaduct. Long 100 metres and with an internal volume of 105,000m3, the factory will build the 140-tonne segments that will constitute the deck of the 2.3 mile viaduct, making it the UK’s longest railway bridge. “We’re [...]
FCA warns banks of Russian cyber attacks as Ukraine tensions ripple through European finance February 9, 2022 The Financial Conduct Authority has warned UK banks to stress test their cyber defences as fears grow of Russian-sponsored cyber attacks amid tensions in Ukraine.
Competition watchdog brands Amazon as ‘grocery retailer’ enforcing UK supplier protection February 9, 2022 UK competition watchdog has branded Amazon as a “grocery retailer” after the ecommerce giant announced it would be increasing its activity in the sector, with plans to launch 15 new Amazon Fresh stores in London. The Competition and Markets Authority’s (CMA) decision is aimed at protecting suppliers and ensuring fairer payment terms, forcing Amazon, as [...]
Law Society’s pay gap has gotten wider through Covid as men fill higher paying jobs and take home bigger bonuses February 9, 2022 The Law Society and the Solicitors Regulation Authority’s (SRA’s) gender pay gap has widened since the start of the pandemic, according to new figures from the trade body. On average, men were paid 11.5 per cent more than women in 2021, and received 23.2 per cent larger bonuses. By comparison, men only received 10.6 per [...]
Covid: Self-isolation and all other restrictions to be dropped this month February 9, 2022 Self-isolation requirements and all other remaining Covid restrictions will be dropped by the end of this month for England, Boris Johnson has announced. Johnson told MPs today that the government would soon bring forward a full strategy to deal with the later stages of the pandemic and that all restrictions will be dropped around 24 [...]
Google Cloud names Helen Kelisky as new UK Managing Director February 9, 2022 Google Cloud announced today that Helen Kelisky is set to become the new Managing Director, United Kingdom and Ireland.
Dutch fintech Adyen reports surge in revenue as digital payments boom February 9, 2022 Dutch payments giant Adyen has reported a jump in revenues today and a 72 per cent surge in payments as merchants increasingly shift to digital payment methods.
Toyota’s profit slumps 21 per cent as chip shortages curtail production February 9, 2022 The world’s biggest car maker Toytota has posted a 21 per cent fall in operating profit after ongoing chip shortages curtailed production. In the three months ended 31 December, the group’s profits went down to $6.8bn, forcing the automotive maker to reduce 2022 production volume forecasts by 500,000 units, going down from 9 million to [...]
Japan announces plans to divert LNG supplies to Europe amid Russia-Ukraine tensions February 9, 2022 Japan will divert LNG cargoes to Europe in response to calls for supplies from the West amid continued tensions in Ukraine.
Britain must finally decide on the fate of the Northern Ireland Brexit border February 9, 2022 Pity Liz Truss. Sharp-suited Chancellor Rishi Sunak fired the starting gun on the Tory leadership race last week with his put down of party-king Boris Johnson. He’s immediately seen as the favourite. Liz? Well, fresh from a bout of Covid, the Foreign Secretary has the small matter of trying to catch the Chancellor while sorting [...]
