Getir to create 6,000 more jobs as UK expansion gains pace January 24, 2022 Rapid grocery delivery firm Getir has announced plans to create 6,000 fresh jobs in the UK this year as it continues its national rollout. The start-up currently has 4,000 staff across the UK after expanding rapidly since it launched in London at the start of last year. Getir said its new recruits will be hired [...]
British Gas owner Centrica picks up customers from fallen firm Together Energy January 24, 2022 Centrica, owners of British Gas, has swooped in to rescue UK households from doomed supplier Together Energy, which ceased trading last week.
Ryanair to return to profit with hopes of flying 165m passengers this year, says boss January 24, 2022 Ryanair’s boss expects to return to profit this year, as the Irish airline looks to fly 165m passengers. Chief executive Michael O’Leary has forecast carrier occupancy to climb to between 90 per cent and 95 per cent this summer. The budget airline will once again be profitable once occupancy reaches 80 per cent, O’Leary told [...]
Nine in ten businesses say Covid has made them a target for fraudsters January 24, 2022 Almost nine-in-ten businesses believe the pandemic has made them more susceptible to fraud, according to survey from BDO. More than four-fifths of businesses were victims of fraud last year, while more than a third of companies said levels of fraud increased between and 2020 and 2021. On average, businesses lost £223,000 to fraud last year, [...]
Activist investor moves to oust Peloton boss January 24, 2022 Activist investor Blackwells Capital has moved to oust the boss of beleaguered home-fitness firm Peloton after it was revealed that the company was scaling back production last week.
Bitcoin is volatile because it’s a truly free market January 24, 2022 Market fluctuation comes down to the fact that Bitcoin is the only free market left in the world, writes Nigel Green.
Firms have no choice ‘but to raise prices’ to absorb NI hike January 24, 2022 The looming national insurance tax hike will leave British businesses with no choice “but to raise prices,” a leading business group has warned. Firms will have to pass on the cost of the 1.25 percentage point hike to consumers in a bid to offset severe margin pressure, according to the Institute of Directors (IoD). Nearly [...]
EY to open office for “neuro-diverse” tech workers in Manchester January 24, 2022 Accountancy firm EY is set to open an office for “neuro-diverse” tech workers in Manchester. EY said it will hire 100 people with “cognitive differences” such as ADHD, dyslexia, and autism, to work on projects involving emerging technologies such as artificial intelligence, automation, and the blockchain. The Manchester Neuro-Diverse Centre of Excellence (NDCoE) is set [...]
Banknote maker De la Rue downgrades profits as Omicron batters turnaround January 24, 2022 De la Rue has announced that it will be downgrading its profit expectations after a tumultuous year thanks to Omicron and supply chain woes.
Vodafone climbs FTSE 100 as talks of Italian merger gain momentum January 24, 2022 Vodafone edges to the top of the FTSE100 today as momentum begins to grow after sources said it was in talks with Iliad to strike a merger deal in Italy.
