The Pandemic Gap: 78 per cent of firms report ‘technical debt’ January 20, 2022 New data has revealed that 78 per cent of organisations have taken on greater levels of technical debt in the last year. Software AG’s annual Situation Report surveyed over 700 IT decision makers from the U.S., U.K., Germany and France, and found that global IT professionals feel that technical debt plays an important role in [...]
Investors round on Unilever’s ‘health blind spot’ in fresh wave of attacks January 20, 2022 Unilever has come under fire from a group of leading investors for its unhealthy food products, following a week of intense criticism.
UK start up secures ‘significant’ investment from Hyundai to build aerial taxis ports January 20, 2022 British start up Urban-Air Port (UAP) announced today it has secured ‘significant’ funding from Hyundai’s urban air mobility division Supernal to build sites for aerial taxis, also called vertiports. With the funding – the amount of which could not be disclosed – UAP will build 200 vertiports within the next five years, while the world’s [...]
Crypto mining under fire as EU regulator sounds alarm January 19, 2022 The vice-chair of Europe's securities and markets authority has said that proof-of-work crypto mining should be banned.
UK and US advance discussions over ending Trump-era steel tariffs January 19, 2022 The UK and the US have agreed to intensify discussions over ending Donald Trump-era tariffs on British steel and aluminium, with talks set to begin as soon as tomorrow. International trade secretary Anne-Marie Trevelyan spoke with US secretary of commerce Gina Raimondo today, with the pair announcing they were both committed to “an expeditious outcome [...]
AA goes against vaccine sceptics, slashing sick pay for unvaccinated staff January 19, 2022 The AA is slashing extra sick pay for unvaccinated staff that needs to self-isolate following a Covid contact. In an email sent to its 7,000 workers, the AA said that unvaccinated workers who don’t have a medical exemption, will not get sick pay if they have to quarantine, the Telegraph first reported. “All staff who [...]
Labour secure 32-point lead against Johnson’s Conservatives in London January 19, 2022 The Labour party has secured a 32-point lead ahead of the Conservative party in London, as the ‘partygate’ scandal takes hold in the capital. If the voting intention, revealed by YouGov, is upheld at a general election – it could see Boris Johnson’s party lose eight seats in the city, leaving them with just 13 [...]
The City View: January 19: Inflation and B-Corps January 19, 2022 Today Andy Silvester is joined by Kin + Carta CEO J Schwan, and by Jack Barnett to discuss today’s news on inflation and future rate rises by the Bank of England. Andy also goes through the headlines, which include GSK’s rebuttal of a £50bn Unilever merger, corporate results, and today’s political news as Boris Johnson [...]
Used car prices continue ‘to defy gravity’ fuelling 30-year inflation record January 19, 2022 The increase in used car prices shows no sign of stopping and keeps on ‘defying gravity’, according to Auto Trader’s data and insights director Richard Walker. “To call the second-hand car market buoyant would be an understatement and, with new car supply remaining tight, consumer demand currently shows no sign of wavering,” Walker said. According [...]
City’s top economists toast end of plan B Covid-19 curbs January 19, 2022 The City’s top economists today toasted the government’s decision to scrap plan B Covid-19 curbs, hailing the move as a sign that Britain’s economy is getting back to being fully operational. Hope was ignited among experts that the influence Covid-19 and accompanying restrictions on daily life has exerted on the health of the British economy [...]
