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”.
Wizz Air’s boss under fire following comments on staff reporting fatigue June 9, 2022 Wizz Air’s boss Jozsef Varadi has come under fire after he made comments against pilots reporting symptoms of fatigue. In an internal video leaked yesterday, the chief executive was heard telling staff to “go the extra mile.” “We cannot run this business when every fifth person of a base reports sickness because that person is [...]
Fuller’s toasts return to profit amid ‘fragile’ consumer confidence June 9, 2022 Pub chain Fuller’s is back in the black after posting an adjusted profit before tax of £7.2m, as the licensed trade recovers from the pandemic. In results for the year to 26 March, the pub operator saw profit back in growth after posting a £48.7m loss in 2021, when Covid lockdowns enforced the closure of [...]
Customer demand drives post-lockdown rebound for office giant Workspace June 8, 2022 Workspace Group has revealed customer demand for its services has returned to pre-Covid levels, in a vote of confidence for City working.
Boris Johnson is an ‘arrogant liar who is mortally wounded’ despite surviving Tory vote, says Rayner June 7, 2022 Prime minister Boris Johnson is an “arrogant, dismissive liar who is mortally wounded” after surviving last night’s Tory confidence vote, Labour’s deputy leader Angela Rayner said this morning. Speaking to Kay Burley on Sky News this a.m., Rayner said: “No I don’t want Boris Johnson to stay in post because as you know many of [...]
Binance hits back at claims it’s a ‘hub for hackers, fraudsters and drug traffickers’ June 6, 2022 Binance, the world’s largest cryptocurrency exchange, has brushed aside claims it is a “hub for hackers, fraudsters and drug traffickers,” after a Reuters investigation accused the Cayman Islands registered firm of serving as a “conduit for the laundering of at least $2.35bn in illicit funds”. In a blog post responding to Reuters’ article, the coin [...]
Less time but same pay for thousands of Brits as they move to four day work week on new 100:80:100 model June 6, 2022 The world’s largest trial of a four-day work week begins today in the UK and will continue for six months. The pilot is being trailed by 3,300 workers across 70 UK companies, and is based on the 100:80:100 model – 100 per cent of the pay for 80 per cent of the time, in exchange [...]
Questions and outrage grow after man who was tasered by police jumps off Chelsea Bridge and dies June 6, 2022 Questions and outage are growing across London after a man who ended up in London’s River Thames following police firing a Taser in a bid to detain him died yesterday. The Independent Office for Police Conduct (IOPC) confirmed the man, in his early 40s, had passed away in hospital. On Saturday morning, police were called [...]