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14.02.2023 - 09:47
Business
Business Live
Online retailer Very to use AI to help customers find new products
Online retailer Very is to use artificial intelligence (AI) to help customers find new products. The Liverpool-headquartered company has teamed up with US-based tech platform Constructor on the project. Very will introduce new search, browse and autosuggest tools across its website and app which use AI, natural language processing, machine learning and data to learn …
14.02.2023 - 09:33
Business
Evening Standard
Paddy Power owner Flutter considers US listing as focus increasingly shifts across Atlantic
Paddy Power and Sky Bet parent company Flutter Entertainment will consult its shareholders on a possible US listing, as it continues to increase its focus on the American sports betting market.The US has been a resounding success for Flutter in recent years. The Paddy Power owner acquired fantasy sports platform FanDuel for $158 million in …
14.02.2023 - 09:32
Business
Evening Standard
Unemployment rate unchanged as students and older people return to work
The UK’s unemployment rate has remained unchanged despite Britain’s economy flatlining as a wave of people returned to work, official figures show.The Office for National Statistics (ONS) said the rate of UK unemployment was 3.7% in the three months to December, the same rate that was recorded in the three months to November.However, it had …
14.02.2023 - 08:47
Business
Evening Standard
Ford slashing 3,800 jobs in Europe including 1,300 in the UK
Car giant Ford has said it is cutting 1,300 jobs in the UK over the next two years as part of an overhaul.The major restructuring programme will see the carmaker cut 3,800 jobs overall across Europe.The firm is cutting back on development staff as it faces an uncertain economic future and prepares for the transition …
14.02.2023 - 08:43
Business
Sky News
Ford to cut 1,300 jobs in UK
Ford has announced 1,300 jobs are being cut from its UK business as part of a Europe-wide overhaul of the carmaker.The majority of the UK losses will be at the Ford site in Dunton, Essex – its UK headquarters and technical centre. Up to 1,000 jobs are to be axed at the location with the …
14.02.2023 - 00:01
Business
Sky News
We asked a dating expert to judge a chatbot’s chat-up lines
Dating apps are not my strong point.For anyone out there loathing the prospect of spending Valentine’s Day stuck for things to say on Hinge, Bumble and the like, I wondered if the internet’s new favourite assistant – ChatGPT – could help secure a date. After all, it’s already written complex computer code, crafted successful job …
13.02.2023 - 23:44
Business
Sky News
Lilt drink brand axed after nearly 50 years
Lilt is being axed after nearly 50 years and will be rebranded as Fanta Pineapple and Grapefruit.The drink is famous for offering a “totally tropical taste”, with one well-known 1988 advert showing the “Lilt man” delivering cans on a sun-kissed beach. “The Lilt ladies”, played by two Jamaican women, became the face of the brand …
13.02.2023 - 14:59
Business
Sky News
Long-running bus drivers’ dispute ends after 18% pay deal
Around 1,800 London bus drivers have accepted a pay increase, worth 18% to many, to end a long-running dispute that involved more than 20 days of strike action.The Unite union, which represents the drivers employed by Abellio, said those with over two years’ service would get £18 per hour. It equated to an 18% hike …
13.02.2023 - 14:13
Business
Sky News
Number of days lost to strike action in 2022 highest since 1989
The number of working days lost to strike action totalled 843,000 in December, bringing the total number of strike days from June to December 2022 to 2,471,000, the highest since 1989, official figures show.There were 4,129,000 days lost to strike action in 1989 due to industrial action by rail workers and coal miners, the Office …
13.02.2023 - 14:06
Business
Sky News
Amazon warehouse staff escalate strike action in fight for better pay
A union representing hundreds of workers at an Amazon warehouse has revealed plans for seven more strike days.The GMB union said its members in Coventry would now take further industrial action on 28 February, 2 March and between 13-17 March. It marked an escalation in their pay fight, which began with a 24-hour strike last …
13.02.2023 - 10:40
Business
Sky News
EU economy projected to avoid recession
A more positive picture of the EU economy has been predicted: it is to avoid recession with lower inflation and higher growth than had been forecast. The bloc will now avoid a technical recession, the EU said in its winter economic forecast, which is when the economy goes through a six-month period of economic contraction. …
13.02.2023 - 10:30
Business
Business Live
Cheese producer Wyke Farms profits up despite increased costs
The UK’s largest independent cheese producer Wyke Farms has reported growing sales and profit, despite a year it said was “defined” by cost inflation. The Somerset-based business, which is run by the Clothier family in Bruton, generated turnover of £124m during the year to March 2022 – up from £115m in the previous period – …
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