AI and Big Data to be ‘most disruptive’ tech in pharma industry in 2022 February 10, 2022 AI and Big Data as a powerhouse duo will be the ‘most disruptive’ emerging technology in the pharmaceutical sector in 2022. This year is anticipated to be studded with high-figure tech deals within the healthcare space, after hailed Covid-19 vaccine maker AstraZeneca and BenevolentAI expanded their drug discovery partnership just weeks ago. “Undoubtedly AI [...]
Boohoo poaches Trainline CFO weeks after retailer saw first-ever sales drop June 23, 2022 Boohoo has poached Trainline’s former finance lead as its new chief financial officer (CFO), just weeks after the retailer posted its first-ever sales drop. It comes amid a turbulent period for fast fashion brands. Rival retailer Missguided collapsed in late May, after being hammered by spiralling supply chain costs. Shaun McCabe, who has sat on [...]
‘Robin Hood powers’: Here’s what a football regulator WILL and WON’T be able to do, according to reports February 2, 2023 A new independent football regulator will be given powers to step in and resolve the sport’s financial row, according to a report. The regulator will also oversee a more robust owners’ and directors’ test and introduce a licensing system paid for by clubs to ensure they are being run sustainably, The Sun reported. The newspaper [...]
Wilko apologises after telling staff: Come to work if you have Covid and feel ok March 15, 2022 Household goods retailer Wilko has apologised after it told staff they should come into work if they test positive for Covid but feel well. The government scrapped its legal requirement for Covid patients to isolate at home, leaving it up to bosses to decide their own policies. The high street retailetr has now backtracked on [...]
Vanguard’s US staff get $1,000 vaccine bonus: Will it come to the UK? August 5, 2021 Vanguard is to pay $1,000 to each of its 16,500 US staff should they prove they are fully vaccinated by October. The bonus includes those who were jabbed prior to the company making the generous offer. However, the offer will not be extended to employees of the asset management firm in Europe, it was announced. [...]
Sajid Javid apologises for saying UK cannot ‘cower’ from Covid July 25, 2021 Sajid Javid has apologised for a tweet where he told people that the country cannot “cower” from Covid-19 anymore. Javid said that he was “expressing gratitude that the vaccines help us fight back as a society”, but that “it was a poor choice of word and I sincerely apologise”. The health secretary had tweeted yesterday [...]
McColl’s share price tumbles over 50 per cent amid insolvency fears February 28, 2022 Convenience store chain McColl's has seen shares slide 54 per cent after it confirmed it is seeking a capital injection to stave off collapse.
Gove doesn’t deny free lateral flow phase out plans January 10, 2022 Michael Gove has refused to deny that free lateral flow tests could be phased out in the coming weeks, after another minister asserted that the government would "absolutely not" charge for the kits.
House prices jump to record £282,753 amid highest inflation since mid-2007 April 7, 2022 The average price of a home has jumped 11 per cent over the past year to a new record figure, according to the Halifax House Price Index. The average price of a house is now £282,753, a steep increase of £43,577 in just two years after the UK’s first Covid-19 lockdown. Prices have increased 1.4 [...]
Dividends scale to new heights as companies shake off pandemic hangover November 15, 2021 Companies are rewarding shareholders with record levels of dividends as corporate balance sheets shake off the hangover of the Covid-19 crisis. Firms paid shareholders $403.5bn in dividends in the third quarter of the year, the highest total ever recorded for the three months to September, research by Janus Henderson has found. Dividends are 22 per [...]