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Evening Standard
Deliveroo shares leap as it upgrades sales targets
Deliveroo took some steps towards City redemption today as it upped its sales forecasts after customers kept ordering food in even as the Covid lockdowns eased and restaurants reopened.The company whose shares collapsed after its 390p-a-share flotation in March has been battling to restore its reputation among investors and today’s short trading statement went some …
Business
Sky News
Winter holiday bookings slow thanks to travel ‘speculation’, says Jet 2
Holiday bookings for the winter are already slowing due to “ongoing speculation around international travel”, operator Jet 2 said as it reported a big annual loss.The group had previously revealed that trips for this summer were being left until the last minute due to uncertainty over travel rules but in its latest update also suggested …
Business
Evening Standard
FTSE 100 set to slide as global tech stocks get the jitters and bitcoin tumbles
The FTSE 100 set to slide today as concerns over soaring technology share prices triggered jitters on global markets.Asian stocks were falling sharply this morning, leaving little room in England for a warm afterglow from last night’s footballing victory.MSCI’s index of Asia-Pacific stocks fell to its lowest since late May despite a decent performance on …
Business
Sky News
UK to review sale of chip manufacturer to Chinese-owned firm
Britain’s national security adviser is looking into the sale of a major UK chip manufacturer to a Chinese-owned firm.Prime Minister Boris Johnson said he had asked Sir Stephen Lovegrove to look into the purchase of Newport Wafer Fab by Nexperia. Mr Johnson said: “We have to judge whether the stuff that they are making is …
Business
Business Weekly
Working from home: call to ban out-of-hours emails from bosses
The right to disconnect effectively gives employees the ability to switch off from work and not engage in electronic communications, such as emails, during non-work hours, writes Valerie Lambert, partner at HCR Hewitsons. Governments around the world have been looking at enacting laws to give workers the right to log off. The principle has come …
Business
Evening Standard
Talent securing ‘close to 100% pay uplifts’ and recruiters boosted amid reopening hiring spree
Recruiters have reported soaring profits and say some new hires are receiving huge wage rises as companies recruit en-masse and compete for talent after a year of freezes and cuts. In the latest sign the economy is bouncing back, recruiting giants PageGroup and Robert Walters both gave positive quarterly updates to the City on Wednesday. …
Business
Sky News
Donald Trump to sue Facebook, Google, and Twitter chiefs
Donald Trump, who lost the 2020 presidential election, says he is launching a class action lawsuit against Mark Zuckerberg, Sundar Pichai, and Jack Dorsey, the chief executives of Facebook, Google and Twitter respectively, as well as their companies.The former president was banned from these companies’ platforms after a mob of his supporters violently attacked the …
Business
Sky News
Extended hours for ‘exhausted hauliers is safety risk and won’t fix driver shortage’, govt warned
A measure to help alleviate the HGV driver shortage crisis by extending the hours they can legally work is facing a fierce backlash from the haulage sector.Transport minister Baroness Vere announced the relaxation of the safety rule, via her Twitter account, following repeated warnings from the Road Haulage Association (RHA) this summer of a severe …
Business
Sky News
Top City executives could see pay linked to progress on diversity
Top executives at financial firms could see their pay linked to progress on diversity under measures being discussed by UK regulators.In a joint paper, the Bank of England, Financial Conduct Authority (FCA) and Prudential Regulation Authority (PRA) said they wanted to prompt banks, insurers and other firms they regulate to act more quickly to address …
Business
Sky News
Questions over Greensill, skip COVID-19 airport queues, and Tinie Tempah talks business
The National Audit Office tells Ian King about their investigation into Greensill Capital and the collapsed lender, we speak to Heathrow’s Chief Executive John Holland Kaye about a trial of new fast track lanes for fully vaccinated arrivals, and the rapper Tinie Tempah explains why he’s investing in a web browser:: Listen and subscribe to …
Business
Sky News
Defence chiefs finalise Sheffield Forgemasters takeover
The government is putting the finishing touches to a deal that will see one of Britain’s oldest steelmakers taken into public ownership.Sky News has learnt that the Ministry of Defence (MoD) is finalising the nationalisation of Sheffield Forgemasters, which plays a critical role in the supply chain of the UK’s nuclear submarine fleet. The MoD …
Business
Business Live
Click Travel acquired by Spanish agency
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