Regulator warns firms of new duty to protect workers from sexual harassment September 26, 2024 From next month, employers must take reasonable steps to prevent sexual harassment of their workers, warned the Equality and Human Rights Commission
Plans submitted for Worcester Warriors redevelopment September 25, 2024 Plans have been submitted to redevelop the former home of Worcester Warriors as part of a bid to revive the defunct Premiership Rugby club. Worcester ceased to be a Premiership club during the 2022-23 season having fallen into administration. But with a new Professional Game Partnership agreed to shape the next eight years of English [...]
Pound’s strength against the dollar risks ‘damage’ to UK’s competitiveness September 25, 2024 The pound reaching its highest level in over two years against the dollar risks damaging the international competitiveness of the UK, City analysts have warned. Sterling now sits at $1.34, its highest since February 2022 and far from its low point of $1.03 in the days after Liz Truss’ mini budget. However, while the strength [...]
TfL picks Dutch EV charging firm to deliver hubs in London September 25, 2024 TfL is planning to introduce the first of five charging hubs in the capital from 2026, as the UK tackles concerns over a lack of charging infrastructure.
More bad news for London’s AIM: Secondary funding tanks by a third September 25, 2024 Secondary funding on London’s Alternative Investment Market (AIM) has dropped 33 per cent in the last year alone, as more bad news piles on the junior market. While IPOs have dried up on AIM, secondary funding hasn’t fared much better: Only £1.2bn was brought in through secondary fundraisings over the last year to 31 August, [...]
Regulator confirms U-turn on maximum amount banks must refund fraud victims September 25, 2024 The UK’s payments regulator has confirmed an last-minute U-turn on the maximum amount banks and fintechs will have to reimburse fraud victims under a new regime, after heavy industry lobbying and pressure from ministers.
Asos to cut 200 jobs at head office as it battles cheaper fast fashion rivals September 25, 2024 Asos is planning to chop 200 roles from its head office as it looks to restructure its business in the face of mounting difficulties post-pandemic due to intense competition from cheaper rivals, according to reports. Asos said that current set-up was “no longer suitable for today’s business priorities and context… We need to move faster [...]
Exclusive: Dazn strengthens Saudi Arabia ties with 6 Kings Slam deal September 25, 2024 The deal is a sign of the growing relationship between the London-headquartered sports streaming service and the kingdom.
Prime property in London ticks down amid Starmer ‘plans to penalise wealth’ September 25, 2024 Demand for prime property ticked down in the third quarter of the year as buyers returned to ‘wait-and-see’ mode ahead of the Autumn budget. The prime property market has been up and down this year; buyers held back ahead of the July election but returned to the market over summer. Now they nervously await potential [...]
Sick Brits to be helped back to work by ‘crack teams’ of doctors, Streeting says September 25, 2024 Sick Brits are set to be helped “back to health and back to work” by “crack teams of top clinicians”, Wes Streeting has announced in a bid to tackle rising economic inactivity. The health secretary today pledged reforms created by surgeons would be rolled out in hospitals across the UK “to treat more patients and [...]