REC: Post-lockdown record rise in vacancies hints at UK jobs recovery August 14, 2020 More new vacancies for UK jobs were advertised last week than at any other time since the lockdown began, a new report has found. Around 126,000 new UK-based jobs were posted in the week 3-9 August, according to the Recruitment and Employment Confederation (REC). It brought the total number of vacancies across the UK to [...]
Angry Birds maker Rovio gets lockdown profit boost August 14, 2020 The company behind the Angry Birds franchise has posted a huge rise in profit for the second quarter as players flocked to the hit video game during the coronavirus lockdown. The figures Rovio’s adjusted operating profit jumped 160 per cent to €13.8m (£12.5m) in the three months to the end of June. Revenue slipped 3.6 [...]
Raise sick pay and extend furlough, Royal Society urges government August 14, 2020 Statutory sick pay should be increased and the furlough scheme extended, according to a new report by the Royal Society. The research has suggested it would be the best trade-off between public health and economic risk moving forward. It argues that health and economic data should be combined to produce the best economic outcome at [...]
Salesforce and Oracle accused of breaching GDPR in €10bn lawsuit August 14, 2020 A class-action lawsuit has accused tech giants Oracle and Salesforce of breaching EU General Data Protection Regulation (GDPR) in their processing and sharing of data for advertising purposes. Non-profit organisation The Privacy Collective, which filed the lawsuit, alleged the two companies are misusing consumers’ personal data through their third-party cookies Bluekai and Krux, which are [...]
Easyjet shares sink on France quarantine despite £203m aircraft sale August 14, 2020 Shares in low cost carrier Easyjet fell 5.5 per cent this morning as the government announced travellers from France would have to quarantine on return to the UK. The news came as the airline siad that it had completed the sale and leaseback of 23 aircraft, raising an extra £608m to bolster its liquidity amid [...]
UK signs deal for 90m more coronavirus vaccine doses August 14, 2020 The UK government has signed a deal for 90m more coronavirus vaccine doses from US biotech company Novavax and Belgian pharma giant Janssen. That means the UK has now agreed deals for a stockpile of 340m vaccine doses, and six different types of coronavirus vaccines. The government did not reveal how much it has agreed [...]
France and the Netherlands placed on UK quarantine list August 14, 2020 From Saturday, people travelling to the UK from France and the Netherlands will have to quarantine for 14 days after a surge in cases in the countries. From 4am tomorrow, those returning from the countries, as well Monaco, Malta, Turks & Caicos and Aruba will be forced to self-isolate for two weeks. They follow Spain, [...]
Natwest to bring wealth management divisions under single leadership August 14, 2020 Natwest has today announced that it will bring all of its wealth management businesses under the single leadership of private banking chief executive Peter Flavel. In a bid to strengthen its relationship with its high and ultra-high net worth clients, the lender said the move would bring together Coutts, Adam & Company, Holt’s, Drummonds, PCAIS [...]
Farms and our diets must embrace technological disruption August 14, 2020 Challengers, visionaries and entrepreneurs are turning their focus to the next great technology goal, and it’s one that could save the planet and transform the lives of millions: it’s the advancements in how we source our nutrition. At a time when there is fierce debate around how we build back better, one of the most [...]
