Mobile operator Three UK hikes staff wages considerably as it continues recruitment drive February 1, 2022 Mobile phone operator Three UK is planning to hike staff wages up to 12.6 per cent, as the country faces soaring prices for utilities and groceries. Some 2,500 retail staff will receive new minimum hourly rates set at £10.13 nationwide and £11.40 in London, excluding bonuses, the internet service provider said The pay hikes exceed [...]
Blackwell’s puts itself on the sale shelf after 143 years of family ownership February 1, 2022 One of the UK’s oldest booksellers Blackwell’s is looking to sell up after its 143-year history as it scraps plans to hand ownership of the business to its employees. As first reported by Mark Kleinman, the academic bookshop which has been owned by its founding family since its first store opened in Oxford in 1879, [...]
Channel 4 to show Chelsea at Fifa Club World Cup February 1, 2022 Channel 4 has snapped up another eye-catching sports deal after securing the UK terrestrial rights to show Chelsea at football’s Fifa Club World Cup next week. The broadcaster will air Chelsea’s semi-final against opponents yet to be determined on Wednesday 9 February on E4 and, should the Blues progress, will show their final on Saturday [...]
Former Which? boss in line for top FCA job February 1, 2022 The former boss of consumer group Which? is in line to take over as interim chairman of the Financial Conduct Authority in a sign that a permanent appointment is still some way off.
Economists call hike in national insurance tax during cost of living crisis ‘extremely perverse’ February 1, 2022 Raising national insurance contributions during a cost of living crisis is the wrong thing to do, economists have warned. Giving evidence to the Treasury Select Committee, Tom Clougherty, from the Centre for Policy Studies, said it was “extremely perverse” to raise the tax currently and it should be delayed. Clougherty said it was “extremely perverse [...]
PM pulls out of tech chief meet-up following Sue Gray party report February 1, 2022 The Prime Minister pulled out of a well-publicised meeting with tech chiefs yesterday as he focussed on responding to the report into lockdown parties at Downing Street.
Former Which? boss set to head up City watchdog as interim chair January 31, 2022 Former Which? chief is set to lead the City watchdog, as Britain's key economic regulators continue to be led by temporary leaders.
DARPA exec Highnam set to lead Cummings’ £800m research agency ARIA January 31, 2022 Peter Highnam is set to become the new chief executive of the Advanced Research and Invention Agency, the UK’s new pioneering research body and the brainchild of Dominic Cummings. Dr Highnam is currently working as the deputy director of the US Defense Advanced Research Projects Agency (DARPA), and an official announcement is expected this week [...]
Truss: All major Russian businesses at risk of heavy UK sanctions if Putin invades Ukraine January 31, 2022 The UK will not hesitate to freeze the assets of any major Russian business or any oligarch linked to the Kremlin if Vladimir Putin invades Ukraine, Liz Truss today announced. The foreign secretary said any Russian business that has “economic or strategic significance” to Russia could be shut out of operating in Britain and that [...]
Ukraine crisis: Johnson to travel to Kiev on Tuesday and speak to Putin today January 31, 2022 Boris Johnson will travel to Kiev tomorrow to meet with president Volodymyr Zelensky over the Ukraine-Russia crisis, with the Prime Minister also set to speak to Vladimir Putin today. Johnson will hold a press conference tomorrow in Ukraine following his meeting with Zelensky. It comes as foreign secretary Liz Truss will today outline a set [...]