UK set to face ‘sluggish’ growth in the face of sticky inflation and Bank of England interest rate hikes
Ed Warner: Forget WrestleMania, Super Bowl or the Olympics – London mayor should seek hefty portfolio of sporting events
Can Amazon Prime, Netflix and the streamers survive the UK’s recession fears? April 20, 2023 The number of British households signed up to streaming platforms has slumped so far this year, as more cash-strapped viewers trim their subscriptions to cut costs. The number of homes subscribed to at least one video streaming platform fell to 16.1 million between January and March this year, down from 16.91 million during the same [...]
Amazon UK workers’ strike continues – and there’s no end in sight April 17, 2023 Amazon workers are taking part in fresh strikes at a warehouse in Coventry in an ongoing dispute with the tech giant – which doesn’t recognise the union – over pay. GMB members are downing tools for three days from 16 to 18 April as they call for hourly pay to rise to £15. The union has [...]
Under a cloud: Dominance of Amazon AWS and Microsoft Azure questioned as Ofcom considers CMA referral April 5, 2023 Ofcom has proposed referring UK cloud services to the competition regulator, citing concerns that key players Amazon and Microsoft could stifle competition. The communications regulator said it has proposed referring the sector to the Competition and Markets Authority (CMA) after it identified features which make it harder for customers to switch or use multiple providers. [...]
Amazon: More than 500 workers to walk out mid April in pay dispute March 31, 2023 Amazon workers are to stage fresh strikes in an escalation of a dispute over pay. The GMB union said more than 500 of its members at the online giant’s site in Coventry will walk out for three days from April 16 and again from April 21-23. The six days of action follow a series of [...]
Amazon to sack 9,000 more workers as mass tech job cuts continue March 20, 2023 Amazon is slashing another 9,000 employee job roles worldwide as the tech giant steams ahead with further cost-cutting measures. The firm made staff aware of the job cuts in a note by chief Andy Jassy, who said workers in the Amazon Web Services, human resources, advertising and Twitch units would be most impacted by the [...]
Amazon strikes: Coventry workers say they are ready for ‘David and Goliath battle’ against employer over poor pay conditions February 28, 2023 Amazon workers have said that they are ready for a “David and Goliath battle” as they begin their second round of strikes this year over poor pay and working conditions. More than 350 workers at Amazon’s Coventry warehouse will walk out today in anger at a pay rise of 50 pence. Employees at the warehouse [...]
Arsenal, Manchester City, Chelsea and Call of Duty: The perfect storm that drove UK broadband traffic to record levels February 22, 2023 The top-of-the-table Premier League match between Arsenal and Manchester City pushed UK broadband traffic to record levels last week, City A.M can reveal. The eagerly anticipated fixture, which was only available to stream, helped traffic on the country’s biggest broadband network to reach a new peak of 29.1 terabits per second (Tb/s). BT and EE [...]
Apple’s first reported revenue drop in four years adds to tech woes with Google also reporting a decline in sales February 3, 2023 Apple posted its first quarterly revenue drop in nearly four years after pandemic-driven restrictions on its China factories curtailed sales of the latest iPhone . The company’s sales of $117bn (£96bn) between October and December period were down five per cent on the same quarter the previous year, a deeper downturn than analysts had projected. [...]
Amazon Prime and Netflix brace for cancellations as Brits look to trim spending January 30, 2023 More Brits are planning to unsubscribe from video streaming services this year, after new data revealed the number paid-for subscriptions in the UK fell by two million last year as rising costs continue to eat into household budgets. Data analytics group Kantar revealed today that the number video streaming subscriptions in the UK fell from [...]
Amazon mutiny: 300 UK staff strike over pay in historic first for the company January 25, 2023 Amazon workers are staging their first ever strike in the UK in a dispute over pay. Members of the GMB at the company’s fulfilment centre in Coventry voted to walk out on Wednesday in protest against a pay rise the union said is worth 50p an hour. Stuart Richards, GMB senior organiser, said: “Today, Amazon workers in Coventry [...]