Half of businesses fear staff at risk of pandemic burnout August 11, 2020 Almost half of managers at British businesses fear their staff are at risk of burnout, as the pandemic forces employers to adapt to new ways of working. More than a third of employees surveyed by recruitment firm Robert Walters that their mental health and wellbeing had suffered as result of working longer hours during the [...]
Eurostar blames coronavirus for scrapping wi-fi on most seats August 11, 2020 Eurostar has blamed coronavirus for its decision to take away wi-fi from all seats, except for passengers in the premium section. The decision had caused some anger on social media, causing a Eurostar spokesperson to explain the situatoin. They said that Eurostar had to “review and amend some of the services we offer” and that [...]
Markets live: US stocks near record high on stimulus hopes as FTSE 100 soars August 11, 2020 The FTSE 100 jumped today as US stimulus hopes offset bleak new data that showed a surge in UK job losses during the coronavirus crisis. The blue-chip index was up 2.42 per cent at 6,197 points at midday, before closing up 1.71 per cent at 6,154 in a bullish day for western markets. The gains [...]
Debenhams axes 2,500 jobs in bid to cut costs after coronavirus lockdown August 11, 2020 Debenhams has axed 2,500 jobs as it seeks to reduce costs following the coronavirus lockdown, in the latest blow for the struggling UK high street. The department store chain, which permanently closed 20 stores during lockdown, said the trading environment is “clearly a long way from returning to normal” after lockdown restrictions were lifted. The [...]
Tiktok under scrutiny by French privacy watchdog over data use August 11, 2020 France’s privacy watchdog has opened a preliminary investigation into Tiktok, after it received a complaint against the short-form video app in May. Tiktok is already under investigation over privacy concerns from EU and Dutch authorities. It is also the subject of an EU-wide taskforce, as it attempts to transition its European data to be overseen [...]
UK and France working ‘at pace’ to block Channel asylum seekers August 11, 2020 The UK and France are working “at pace” to stop asylum seekers from illegally entering the UK by boat, according to immigration minister Chris Philp. Philp was in Paris today to meet his French counterparts, telling reporters afterward that Emmanuel Macron agreed that something had to be done to stop migrants crossing the English Channel [...]
Nokia phone maker HMD Global bags $230m in Google-led funding round August 11, 2020 Nokia smartphone maker HMD Global today said it has secured an additional $230m (£176m) in investment following a funding round led by Google. Chip giant Qualcomm and Nokia also contributed to the round, which is the largest since the company was founded in 2016. The Finnish manufacturing firm said the investment would be used to [...]
Bellway shares dip on low July house sales August 11, 2020 Shares in Bellway fell this afternoon as the housebuilder revealed that sales were down in July despite the easing of lockdown restrictions Private customer reservations were 140 per week last month, down from 162 a week in July 2019. The developer’s share price fell 4.17 per cent as it said it completed the sale of [...]
Could London be put into a second coronavirus lockdown? August 11, 2020 As London residents make use of the summer sunshine, the question of whether there will be a second coronavirus lockdown is never far out of mind for locals. The number of English towns and cities that have been plunged into local lockdown has grown steadily over the past two months, while the capital has begun [...]
Boris Johnson warns of ‘bumpy’ months ahead after decade-high job losses August 11, 2020 Prime Minister Boris Johnson has said there will be bumpy months ahead, after cuts to jobs in the UK rose to a decade-high today. “We always knew that this was going to be a very tough time for people losing their jobs,” Johnson told reporters when asked about the data. “Clearly there are going to [...]