Challenger exchange group Bats flies index business into continental Europe with eight new launches December 13, 2016 Stock exchange group Bats Europe has today announced eight new benchmark indices across Europe, following the launch of its index business in London earlier this year. The eight indices, for the French, German, Swiss and Italian markets, will launch on 19 December and provide “real-time, high-quality and low-cost alternatives to those provided by the incumbent [...]
What Brexit? UK hiring is about to increase to its highest in three years December 13, 2016 Hiring in the UK private sector is set to grow eight per cent in the coming quarter, bringing it to its highest rate in three years despite lingering Brexit fears. The expectation of more jobs in financial services, utilities and construction has resulted in a positive outlook for employment in the new year, according to a [...]
The number of Uber drivers fighting for workers rights has doubled December 12, 2016 The number of Uber drivers claiming they are workers rather than self-employed has now doubled as a further 25 drivers joined as claimants in a legal case which ruled in favour of them in October. It brings the total number of drivers in the case seeking rights to holiday and sick pay along with other benefits to 50, [...]
Uber treats drivers like Victorian “sweated labour”, says Frank Field in gig economy report December 9, 2016 Frank Field might be more commonly known as one of the thorns in Sir Philip Green's side, but Uber might now have a bone to pick with him too. The Labour MP and chair of the Work and Pensions Committee has uploaded a report to his site analysing the working relationship between Uber and its drivers, [...]
London’s gig economy has grown 72 per cent since 2010 December 9, 2016 You might have suspected it given the influx of cyclists zooming by with Deliveroo boxes, and new research has confirmed it: the capital's gig economy is booming. In fact, it's grown 72 per cent, across the transport and storage sector, since 2010. The gig economy, driven by casual work, has become hugely popular in London, according to analysis [...]
Minicab drivers in London are protesting against English language tests December 8, 2016 Minicab drivers in the capital will protest today against new rules on language tests which have been called "completely unfair". Drivers, represented by GMB union, will demonstrate at City Hall against the introduction of English language requirements by Transport for London. Hundreds of drivers are expected to turn out to protest against the "ludicrously priced" exam. All [...]
Foodie predictions for 2017: top chefs, writers, restaurateurs and food producers give us their thoughts on the year ahead December 7, 2016 Vivek Singh Executive chef of The Cinnamon Club, cinnamonclub.com Butter is back and fats will be in vogue. Masterclasses will also become key to true foodies, with as much focus on drinks as on food. We will continue to want to know more about the ethics behind our food and its provenance. Shaun Clarkson Interior [...]
Uber’s created its very own lab for researching artificial intelligence December 5, 2016 Uber is getting deeper into the artificial intelligence game, creating a dedicated lab staffed with top researchers by acquiring a startup with expertise in the technology. The 15 staff of Geometric Intelligence will form the basis for the billion dollar startup’s San Francisco Lab, which will research the growing area of AI and machine learning [...]
Now you can carpool a black cab for the price of a Tube journey December 5, 2016 Londoners will soon be able to share one of London’s iconic black cabs with a someone else heading in the same direction, with promises of making travelling by taxi as competitively priced as public transport. Uber rival Gett will launch a carpooling service, Gett Together, in the capital and plans to roll it out to [...]
This European flying car maker just raised €10m in VC money December 5, 2016 We may live in a world of talking virtual assistants, contactless payments and a world of knowledge in our pockets – but we won't truly be in the future until cars can fly. Pleasingly, though, flying cars came a step closer today, after a German company trying to develop a pint-sized plane raised €10m in [...]