Letters: A living wage up to scratch January 20, 2022 [Re: Inflation accelerates to 30-year high, yesterday] With this sharp rise of inflation, it’s even more concerning that wages are not matching the accelerating cost of living. Every worker deserves a living wage – to earn enough to support their family and meet their basic needs. A living wage is critical for supporting decent work [...]
McKinsey to face racketeering lawsuit, after case revived in appeal January 20, 2022 A US court has reopened a case against consultancy giant McKinsey, alleging the US firm filed false statements in bankruptcy courts to win lucrative consulting contracts. The US Court of Appeals revived a racketeering case put forward by consulting firm AlixPartners, claiming McKinsey misled the bankruptcy court over its conflicts of interest, meaning it won [...]
I’m Still Standing: Elton John resumes retirement tour after two-year hiatus January 20, 2022 Elton John resumed his "Farewell Yellow Brick Road" tour, returning to the stage in New Orleans after a nearly two-year hiatus.
UK loses £2.5bn in fraud and cyber-crime cases during 2021 January 20, 2022 UK residents and businesses have seen financial losses of £2.5bn from fraud and cyber-crime over the course of the past year, a new study reveals.
PensionBee reports revenue jump as it targets December profitability January 20, 2022 Digital pensions platform PensionBee has reported a jump in revenue today as it readies to ramp up investment into marketing and customer acquisition.
Parity shares jump as City recruiter lifts revenue forecast January 20, 2022 Technology recruitment and professional services group Parity enjoyed a share price jump this morning, after lifting its revenue forecasts. Revenue is expected to be “slightly ahead” of its £47.6m target, following a change of management in June last year. Shares increased 11 per cent to 7.5p per share by mid-morning. “I am pleased we have [...]
WeTransfer confirms £524m Amsterdam float next week January 20, 2022 WeTransfer’s parent company WeRock N.V. confirmed this morning that it will float on Euronext Amsterdam, with a market cap of €629m (£524m) and €716m (£596m).
Opinion-in-brief: Gas prices will exacerbate fuel poverty if we don’t act January 20, 2022 Gas prices will perpetuate the cost of living crisis in 2022, with hundreds of thousands of new households at risk of fuel poverty. On top of that, gas boilers still account for one in seven tonnes of carbon the UK emits each year. We need to act. The sooner we adopt low-carbon home heating and [...]
Law sector’s toxic work culture is harming productivity January 20, 2022 The legal sector’s toxic workplace culture is pushing lawyers out of jobs and harming their mental health and productivity, new research shows. More than half of people working in the legal sector have left a job because of toxic culture in the workplace, according to a survey from software company Culture Shift. At the same [...]
Mode CEO quits following controversial Bitcoin cashback announcement January 20, 2022 The chief executive of UK fintech Mode has resigned two months after the company faced backlash for a controversial announcement.