Power cuts, snow, ice and travel disruption across the UK as Storm Eunice takes over Britain February 17, 2022 The Met Office has issued an amber warning for strong winds covering central Scotland, parts of Northern Ireland and northern England above Hull over the evening, with yellow wind warnings in place as far south as Birmingham. The UK faced strong winds and heavy rain last night, causing power cuts and travel disruption with Storm [...]
Nick Clegg gets a Facebook promotion as policy role expands towards the metaverse February 16, 2022 Meta chief Mark Zuckerberg has announced that former deputy Prime Minister Nick Clegg will be getting a promotion at Facebook to “president, global affairs”. In a Facebook post, Zuckerberg revealed that Clegg will be granted a larger policy role than his current one as policy chief at Facebook. “We need a senior leader at the [...]
Law firms now more willing to hire less skilled candidates in face of nationwide skills shortage February 16, 2022 Law firms are now increasingly willing to hire candidates that do not have the skills they were looking for, as the battle for talent continues. Three quarters (75 per cent) of law firms said they are now willing to be flexible when it comes to a candidate’s skillset, compared to 57 per cent of financial [...]
Hilton eyes return of business travel as revenue more than doubles thanks to Covid jabs February 16, 2022 The Hilton hotel empire is confident of its continued Covid recovery as it eyes the return of business travel in the coming months. Hilton Worldwide Holdings surpassed analyst’s predictions for quarterly profit and revenue in results today. It posted a 106 per cent rise in fourth-quarter revenue, with $1.84bn, compared with $890m for the previous [...]
‘Meta, Metamates, me’: Mark Zuckerberg sets out order of importance and values for staff at Facebook and Instagram owner February 16, 2022 Mark Zuckerberg has set out a number of corporate values that employees at Facebook-owner Meta should adhere by. During a virtual company meeting yesterday, the Facebook founder introduced the catchphrase ‘Meta, Metamates, me’, according to reports in the Washington Post and on the Gizmodo website. The catchphrase reportedly sets out the order of importance by [...]
Coca-Cola Europacific Partners’ profit up after Amatil acquisition February 16, 2022 Coca-Cola Europacific Partners (CCEP) has reported fizzing pretax profit, at €1.38bn, compared to €695m the previous year. Chiefs at the bottling company remarked on an “extraordinary” year in preliminary unaudited results for the full year ended 31 December 2021. The London-listed firm said it would revert to two interim dividends this year, posting a dividend [...]
LoopUp shares fall 35 per cent as return to the office scuppers stay at home stocks February 15, 2022 Lockdown darling LoopUp proved the return to the office was in full swing yesterday, after reporting a lacklustre trading update which sent shares plummeting by more than 35 per cent. Despite reporting a 60 per cent drop in revenue from 2020 levels, the conferencing software firm sought to reassure investors, saying the drop was “in [...]
Former Post Office call for former chiefs to face prison time following Horizon scandal February 15, 2022 Former Post Office sub-postmasters and mistresses have called for former bosses to face prison time as they continue to provide evidence for the public inquiry on the Horizon scandal, which started this week. More than 700 branch managers were given criminal convictions between 2000 and 2014 when faulty accounting software called Horizon made it look [...]
Majority of UK’s biggest law firms are currently hiring new lawyers, as battle for talent rages on February 15, 2022 Most of the UK’s biggest law firms, with annual turnovers of more than £500m, are now actively hiring more lawyers, as they seek to capitalise on booming demand for legal services, according to a poll of more than 200 law firm partners. Polling from privately-owned litigation funder Harbour shows that 60 per cent of law [...]
Glencore hails ‘extraordinary’ year as earnings top $21bn February 15, 2022 Glencore boss Gary Nagle hailed 2021 an “extraordinary” year for the miner today as the group reported an 84 per cent surge in earnings driven by record surges in global commodity prices.