Kwarteng: Businesses “can’t have it both ways” with self-isolation rules July 7, 2021 Business secretary Kwasi Kwarteng has defended the government’s decision to keep self-isolation rules while other restrictions are dropped from 19 July. It comes after Conservative MPs and business leaders – especially in the hospitality industry – slammed the decision for the effect it would have on staff operating capacity. Kwarteng told Sky News: “You can’t [...]
Are auto companies preparing their workforce for a more digital future? July 7, 2021 As climate change ambition ramps up across the world, emissions reduction targets in the autos sector will likely be forced to tighten further. Numerous countries – including Norway, France, the UK, Sweden, Ireland and the Netherlands – have already announced internal combustion engine (ICE) vehicle phaseouts between 2025-2040. Companies must pursue low and zero-carbon alternatives [...]
London knife crime: Two boys stabbed to death in Woolwich and Vauxhall July 6, 2021 Within hours of each other, two teenage boys have been stabbed in London. A 15-year old was stabbed in Woolwich just before 17:30 pm on Monday. Police were called to Oval Place, Vauxhall to reports that a 16-year-old boy was stabbed six hours later. No arrests have been made regarding the Oval Place stabbing, however [...]
Bugatti sold to Rimac in ‘perfect match’ deal July 5, 2021 Volkswagen Group has sold the Bugatti brand after 23 years, with Croatia’s Rimac and Porsche forming a joint venture called Bugatti Rimac.
UK Snapchat boss: Social mobility in tech is not just about diverse hiring, we have to change the culture in workplaces July 5, 2021 My first job out of university was at one of the big investment banks in London. My family and friends were incredibly proud – we were from working class backgrounds in Birmingham and a role like that was the stuff of dreams. But after just three weeks, I knew it was not for me and [...]
Hipgnosis throws $1bn at latest song-buying spree, as TikTok rallies revenues July 5, 2021 Hipgnosis has thrown over $1bn during its latest stint of song-buying which spans 84 freshly bought back catalogues from the industry’s biggest names. Like-for-like valuation for Hipgnosis’ portfolio has grown 10.4 per cent during the year to 31 March 2021. Meanwhile, streaming income has lifted 18.4 per cent in the second half of the year. [...]
Citigroup boosts base pay for junior bankers July 3, 2021 Junior investment bankers at American bank Citigroup are set to receive a pay boost, the firm announced on Friday. In a memo distributed to staff yesterday, the bank said analysts, associates and programme vice-presidents working in the Wall Street firm’s banking, capital markets and advisory arm would receive the pay fillip from 1 July. The [...]
Saturday essay: It’s easy to hate social media, to truly make it work we need to learn to love it July 3, 2021 It’s fashionable to be irrationally critical of social media. Almost every policy relating to social media serves to restrain, rather than nurture it. The image of online platforms, amongst politicos and policymakers, is often that it is nothing more than an inflammatory cesspit of trolls and creeps who debase every conversation with racist and sexist [...]
Met launches murder investigation following Oxford Circus stabbing July 2, 2021 The Metropolitan Police has launched a murder investigation following a stabbing at Oxford Circus yesterday evening. Police were called to the scene at 8pm on Thursday, where a 60-year-old man was found with stab wounds. The man was taken into hospital where he later died. His next of kin have been informed and are being [...]
Last Man Standing: Nick Broomfield Biggie & Tupac sequel fluffs July 2, 2021 Documentary icon Nick Broomfield returns with a kind-of sequel to his 2002 film Biggie & Tupac, his investigation into the murders of Biggie Smalls and Tupac Shakur in the mid-90s. Last Man Standing investigates the life and influence of Suge Knight, the man whom he believed was responsible for the infamous deaths of both rappers [...]