How to make a hybrid workforce work for you July 6, 2021 Should your team be working from home or in the office? Or a mix of locations? Hopefully the answer to this question will – very soon – be able to be determined solely by an organisation of its own accord rather than because of a need to follow Covid-19 guidelines. But even before the pandemic, [...]
Pandemic crackdown: Serious Fraud Office reports hit highest level in four years July 6, 2021 The number of fraud reports made to the Serious Fraud Office jumped to its highest level in four years during the pandemic. Fraud reports increased to 998 in the twelve months up to the end of March, a 13 per cent increase from last year’s 882 reports, according to Confirmation, part of Thomas Reuters. The [...]
London businesses received £16bn through government support schemes July 6, 2021 London businesses took more than £16bn in taxpayer money through the government’s two largest Covid-19 support schemes, it was revealed today. The British Business Bank, which administers the scheme, said that the proportion of the lending to the capital’s business community was about 20 per cent of the national total. That’s broadly in line with [...]
UK gave £63.4m in ‘secretive payments’ to six Middle Eastern states, say MPs July 6, 2021 A group of MPs have called for the suspension of “secretive” funds sent by the UK government to a group of six Middle Eastern states, after £64.3m was sent between 2016 and 2021. The All-Party Parliamentary Group (APPG) on Democracy and Human Rights in the Gulf said Bahrain and Saudi Arabia was among those receiving [...]
Government’s data ethics centre poaches CBI digital director as new lead July 6, 2021 The director of innovation and digital at the Confederation of British Industry (CBI) has been appointed the seat at the helm of the government’s Centre for Data Ethics and Innovation (CDEI). Joining in August, the incoming executive director Felicity Burch will work with the new chair and refreshed board to support the government’s National Data [...]
UK construction output growth surges to two decade high July 6, 2021 UK construction output growth reached its highest level for over two decades, according to a closely watched business survey released today. The latest IHS Markit/CIPS UK construction PMI for June was 66.3, up from 64.2 in May, the strongest rate of output growth for exactly 24 years. Sharp rises in business activity across the three [...]
Covid-19, one year later: Capital markets entering uncharted waters July 6, 2021 CFA Institute conducted a survey of its global membership to analyse the effects of the current economic crisis caused by the Covid-19 epidemic on financial markets and the investment industry. The survey was run worldwide from 8 to 28 March 2021. Now we are releasing the survey report: COVID-19, ONE YEAR LATER. This research constitutes the second iteration [...]
British Airways settles with victims of 2018 data breach July 6, 2021 British Airways has reached a settlement with thousands of claimants over a massive breach of customer data back in 2018, it was announced this morning. On 7 September 2018 the flag carrier revealed that the names, debit and credit card numbers, addresses and email addresses of over 420,000 people had been accessed in a security [...]
Ocado partners with major Spanish grocer as revenue leaps July 6, 2021 Revenue at supermarket Ocado is up significantly on the same period last year, as the online model proved resilient in the face of Covid-19 restrictions. Revenue for the business stood at £1.3bn for the first half of 2021, up 24.4 per cent on H1 2020. Group EBITDA more than tripled to £61m, despite increased [...]
Eurozone construction activity continues rebound from Covid lows July 6, 2021 Eurozone construction activity continues to march on from its Covid lows, according to a closely watched business survey released today. The IHS Markit Eurozone Construction Total Activity Index was unchanged over the last month, reaching 50.3 in June, indicating a marginal expansion in construction activity. This was the fourth consecutive month that construction firms in [...]
