Talktalk worst performing broadband provider for customer satisfaction August 21, 2020 Talktalk was the worst performing broadband provider for customer satisfaction last year, according to the latest research by the UK telecoms watchdog. A survey by regulator Ofcom found that overall satisfaction levels among Talktalk customers were lower than average, with an approval rating of 78 per cent. Customers were also less satisfied than average with [...]
CBI: UK manufacturing sector remained ‘depressed’ in August August 21, 2020 The UK manufacturing sector remained “depressed” in August although the downturn eased, according to a new survey that showed new orders rising only slightly month on month. The CBI’s monthly industrial trends survey’s measure of orders rose to minus 44 in August from minus 46 in July. It was below economists’ expectation of a rise [...]
Brexit negotiations: Deal ‘will not be easy to achieve’ August 21, 2020 The UK’s chief Brexit negotiator David Frost said an exit deal with the European Union “will not be easy to achieve,” following the latest round of talks. “We have just concluded the seventh round of negotiations with the EU. As I said last week, agreement is still possible, and it is still our goal, but [...]
Crossrail opening delayed until 2022 and extra £1.1bn needed to finish project August 21, 2020 The opening of London’s new Crossrail underground line has been delayed until 2022 and an extra £1.1bn is needed to complete the project, Crossrail Ltd said today. Crossrail said the central section of the Elizabeth Line between Paddington and Abbey Wood will be ready to open in the first half of 2022. Crossrail has faced [...]
Number of UK workers on furlough falls to 6.8m August 21, 2020 The number of UK employees on furlough fell from highs of almost 10m to 6.8m at the end of June as the coronavirus lockdown eased and staff returned to work. The latest government statistics showed that the number of people being paid through the coronavirus job retention scheme dropped sharply in June as some businesses, [...]
UK businesses grow at fastest rate in seven years as economy reopens August 21, 2020 The UK economy bounced back sharply in August after coronavirus restrictions were lifted, with a closely-watched measure of growth hitting its highest level in almost seven years. However, companies slashed jobs at the fastest pace since May as they adjusted to life during the pandemic, in a worrying sign of what could turn into a [...]
Eurozone economy’s recovery stumbles as coronavirus cases rise August 21, 2020 The Eurozone economy’s recovery from coronavirus lost steam in August, according to new survey data, as demand in the bloc’s all-important services sectors slowed. The IHS Markit composite purchasing managers’ index (PMI) – a closely watched gauge of economic health – dropped to a two-month low of 51.6 in August from 54.9 in July, according [...]
Relx snaps up UK analytics firm Scibite in £65m deal August 21, 2020 Relx today said it has acquired British data analytics firm Scibite as the publishing giant shifts its focus to digital services. The FTSE 100 company did not disclose financial terms, but a source told City A.M. the deal was worth roughly £65m. The deal forms part of Relx’s strategy to supplement organic growth with analytics [...]
