Execs from TUI, EasyJet and British Airways grilled over role in Bank Holiday travel chaos June 14, 2022 Airlines’ executives were grilled in Parliament over their role in the travel chaos, which has left thousands of Britons stranded over the half-term and Bank Holiday weekend. Representatives from TUI, EasyJet and British Airways (BA) appeared before the Business, Energy and Industrial Strategy Committee (BEIS) today. The committee questioned David Burling, TUI’s chief executive for [...]
As we remember Grenfell, we must find a way to give the survivors of the blaze closure June 14, 2022 Today marks the fifth anniversary of the Grenfell Tower fire. 72 people died in that inferno – 18 of them were children. The number of people living in the council-owned building was 297; the 223 survivors are still, today, waiting for justice. The tragedy that unfolded on the night of the 14th of June 2017 [...]
Sky piles into new £100m climate tech fund June 13, 2022 Media giant Sky will anchor a new £100m venture capital fund looking to pump cash into early-stage ‘climate tech’ firms, the firm announced today.
Google engineer put on paid leave after outing AI chatbot as ‘sentient’ June 13, 2022 Google has placed a senior engineer on “paid administrative leave” after he made comments about the company's chatbot being “sentient”.
OnlyFans: The ‘UK success story’ and online safety pioneer June 13, 2022 OnlyFans has a tendency to make headlines – and sometimes for the wrong reasons. Founded in the UK in 2016, the company has experienced momentous growth in the depths of lockdown, shifting from 17m fans to over 100m in 2020. In 2022, the platform boasts 200m fans, with over two million creators serving up content. [...]
We won’t be able to create social impact until we learn how to measure its success June 13, 2022 Today, it is more common than before for younger people to think about the ethics of a business before they pull out their contactless cards. So the pressure is on for firms to show their positive impact on society – to attract customers and talent. Morgan Stanley reported recently that millennials are twice as likely [...]
The government’s corporate audits reforms are lukewarm at best, shallow at worst June 13, 2022 In late May, the government gave more detail on how it plans to reform big corporate audits. Inappropriate audits have contributed to several significant corporate failures – including that of the late construction giant Carillion in 2018. The government has acknowledged this, producing a report which has since been the focus of a consultation. The [...]
SSE warns Sunak against expanding windfall tax to electricity generators June 12, 2022 SSE chief executive Alistair Phillips-Davies has warned the Chancellor Rishi Sunak against extending the windfall tax to electricity generators.
Hustle review: Adam Sandler finds his acting hat again in sports drama June 11, 2022 Every now and again, Adam Sandler remembers he can act. Before it became a social media punchline, 2019’s Uncut Gems contained the best performance of the comedy giant’s career, almost making you forget all about the hideous Netflix comedies that have made him millions. Happily, this week sees the arrival of more serious Sandler in [...]
Jurassic World: Dominion ends franchise that’s ready for a meteor strike June 10, 2022 The Jurassic World trilogy ends not with a roar but with a squeak. Dominion calls upon the stars of Steven Spielberg’s original Jurassic Park to capitalise on the current trend for legacy sequels (it’s arguable that 2015’s Jurassic World, a movie that was both a remake and reboot, started the fad). But the wholesale shake-up [...]