Online fraud up by a third during the pandemic July 15, 2021 Online fraud has risen by a third during the pandemic as almost all everyday activities went digital, according to a consumer rights group. The number of cases of fraud reported to UK police unit Action Fraud cost consumers £2.3bn last year and had affected over 410,000 victims, according to analysis by consumer rights group Which? [...]
Semiconductor shortage to begin to ease this quarter, says TSMC July 15, 2021 The world’s largest semiconductor firm today suggested there could be a chink of light for embattled carmakers, which have been hamstrung by a shortage of the chips. Speaking to analysts after it revealed record quarterly sales, Taiwan’s TSMC said that the current supply crisis would gradually begin to ease from this quarter. However, auto giants [...]
STV advertising revenue grows by a third thanks to Euros boost July 15, 2021 STV has posted a further rise in advertising revenue for the first half of the year as Euro 2020 coverage helped the Scottish broadcaster continue a recent run of good form. The network, which holds the channel 3 licence north of the border, said total ad revenue grew 32 per cent to the end of [...]
Gigafactory firm Britishvolt mulling London listing July 15, 2021 The firm behind the UK’s first battery gigafactory for electric cars has said it is now considering a London listing by the end of next year’s second quarter. In an interview with Bloomberg, Orral Nadjari, the chief executive of Britishvolt, said that the recent overhaul of London listing rules was behind the decision. Britishvolt had [...]
Darktrace upgrades 2022 expectations after strong sales July 15, 2021 Darktrace, a cybersecurity AI firm that listed in April, today said it expects revenue for the last financial year to have grown 40 per cent to $278m (£201m), upgrading its guidance for 2022. It now expects year over year revenue growth of between 29 per cent and 32 per cent (previously 27 per cent to [...]
Just Eat delivery order growth in UK up 733 per cent on the same period last year July 15, 2021 Just Eat Takeaway saw orders rise across the globe in the last quarter as recent investments began to take off. Half year orders in 2021 are up 61 per cent, whilst newly-acquired subsidiary Grubhub saw 51 per cent growth. Delivery order growth in the UK for the same period grew a staggering 733 per cent. [...]
UK unemployment rate falls as lockdown easing drives up hiring July 15, 2021 The UK unemployment rate dropped in the latest quarter as the easing of coronavirus restrictions continues to spark a gradual economic recovery. Between March and May the unemployment rate fell 0.2 percentage points to 4.8 per cent, while the employment rate was up 0.1 percentage point at 74.8 per cent. “As we approach the final [...]
Water firms turn on taps with £2.7bn investment pledge July 15, 2021 The UK’s water companies will pour a total of £2.7bn into environmental improvements over the next five years, it was announced this morning. On top of £1.9bn of pre-planned spending, sector regulator Ofwat has this morning approved an extra £793m of investment. The watchdog said that the additional spending would “allow water companies to take [...]
Food strategy review calls for £3bn sugar and salt tax July 15, 2021 The UK could introduce a new £3bn tax on sugar and salt as part of a string of reforms aimed at improving the health of the nation and helping to tackle climate change. A government review by Leon co-founder Henry Dimbleby published today said Covid had provided a “painful reality check” and warned that poor [...]
DEBATE: Should we have ID verification for social media? July 15, 2021 England football stars Marcus Rashford, Bukayo Saka and Jadon Sancha were targeted with horrific racist abuse on social media after the team lost to Italy in the Euros 2020 final. The abuse was loudly condemned by all sides of politics, with Boris Johnson slamming the “disgusting” comments. It has prompted another disgusting: should there be [...]
