Alphabet exec warns skill shortages could stunt economy as UK vows to become ‘global tech superpower’ June 18, 2022 Alphabet chief financial officer Ruth Porat has warned ongoing digital skill shortages risk stunting economic growth.
London Tech Week, Day Five: Into an Inclusive Metaverse June 17, 2022 As London Tech Week draws to a close, it’s amazing to look back at the progress the sector has made in the nine years since Tech London Advocates joined the very first edition as a founding partner. Across all events, more than 20,000 attendees heard from tech leaders at the cutting edge of the emerging [...]
Dorries takes aim at GDPR with fresh data laws June 16, 2022 Nadine Dorries has continued to pave the way for the post-Brexit digital landscape this evening, emphasising the UK’s departure from EU bureaucracy. In its fresh consultation released tonight, the government have set out how the Data Reform Bill announced in this year’s Queen’s Speech will strengthen the UK’s data protection standards while reducing burdens on [...]
London Tech Week, Day Four: Building the workplaces of tomorrow June 16, 2022 As we moved into the second half of London Tech Week, focus shifted from the trends witnessed over the last year, to what we can expect from the future. One issue in particular was exploring what is in store for the future of work. The demand for people with the skills capable of facilitating the [...]
Asos warns profit will be hit as shoppers return more clothes amid cost of living crunch June 16, 2022 Asos has warned it is expecting lower profit this year after an increase in customers returning clothes due to the pressures of higher living costs. Asos lowered forecasts for the year, with sales anticipated to be in the range of four per cent and seven per cent, which it put down to “market volatility and [...]
TfL urges Londoners to stay home on Tuesday as thousands of workers set to walk out in Tube and rail strikes June 15, 2022 Transport for London (TfL) has urged Londoners to avoid travelling on 21 June as thousands of workers are set to walk out in a separate tube and rail strike. TfL said it was expecting severe disruption across the Tube network following the planned strike called last week by the unions RMT and Unite. The industrial [...]
TEN campaigners arrested after daubing Treasury with red paint in fossil fuel protest June 14, 2022 The front of HM Treasury’s building was daubed with red paint as 10 Just Stop Oil campaigners were arrested accused of crimes including criminal damage and causing a public nuisance. Environmental protestors were pictured on the grass in front of the building on Monday with red paint on the pavement, before police arrived to detain [...]
Theo Paphitis: Dragons’ Den star says the high street is going nowhere and neither is he June 14, 2022 Theo Paphitis is not in any hurry to hang up his boots. After decades running the show at companies from lingerie to stationery firms, one might be mistaken for thinking the Dragons’ Den star, retail titan and former Millwall chairman may be mulling a change of pace. However, Paphitis tells City A.M. he has “a [...]
‘Shambles’ Home Office still keeping tens of thousands waiting for passports to be issued, says Yvette Cooper June 14, 2022 Chaos surrounding the processing of passport applications is continuing with tens of thousands still reportedly waiting for one to be issued – putting their summer holidays at risk. Home office figures showed there were now under 3,300 civil servants working full time on the issue, down from almost 4,000 over the last couple of years. [...]
Coinbase boss hits out at ‘really dumb’ employee plan to oust executives June 12, 2022 The boss of crypto exchange Coinbase has hit out at a group of renegade employees who called for top executives at the firm to be ousted, telling them to “quit and find a company they believe in”.