Channel 4 bosses decline pay rise as staff battle cost of living crisis and revenues dip July 12, 2023 Channel 4 boss Alex Mahon said the broadcaster’s top executives declined a pay rise and deferred their bonuses to stay “in line” with staff who are battling the cost-of-living crisis amid a “tough downturn” in the advertising market for the channel. The broadcaster’s annual report published on Wednesday said it had to “significantly” tighten the [...]
Tech startup helps businesses to combat £9bn waste in productivity due to poor mental health September 28, 2022 12 billion workdays lost annually to mental ill-health but young entrepreneur thinks he has the solution. Mental health issues in the workplace are costing the global economy over £9bn ($1tn) due to lost productivity say international agencies. The World Health Organization (WHO) and the International Labour Organization (ILO) are calling for “concrete actions” as depression [...]
A Tale of Two Forecasts: Investors back IEA’s hiked demand outlook over OPEC gloom August 11, 2022 Investors have backed the IEA's outlook for oil demand over OPEC's, with both organisations offering contrasting visions this year.
West believes Russia may be planning chemical attacks in Ukraine as ‘Putin’s back is against the wall’ March 22, 2022 Vladimir Putin’s “back is against the wall” and he may be preparing to use chemical or biological weapons in Ukraine, US President President Joe Biden has warned. Speaking to American business leaders in Washington DC, Biden said: “Putin’s back is against the wall. He wasn’t anticipating the extent or the strength of our unity. And [...]
SSE will back UK projects with fresh profits September 27, 2022 SSE has committed to reinvesting any further earnings from ultra-high wholesale power prices into building new domestic energy assets.
Ukraine holds talks with US over gas reserves to fight supply crisis October 16, 2022 Ukraine is preparing to market its national gas reserves, and has entered into discussions with US firms over its supplies.
Amazon posts first quarterly loss since 2015 as higher costs and lower sales hit bottom line April 29, 2022 Shares in Amazon have plummeted after the e-commerce giant posted its first quarterly loss in seven years, as the firm faced a litany of challenges that led to higher costs and lower sales. The Seattle headquartered firm posted its first quarterly loss since 2015, as staff shortages and inflationary pressures increased its costs and the [...]
No break for Brits as inflation pushes the cost of kitchen staples by 80 per cent April 18, 2023 Brits are yet to receive a break from soaring food prices as the price of cheddar cheese, sliced white bread and porridge oats are up to 80 per cent more expensive than a year ago. As inflation reached record highs due to the war in Ukraine, consumers were forced to fork out more for kitchen [...]
Unilever sees sales and turnover rise as it hikes prices April 28, 2022 Unilever has enjoyed rising sales and turnover levels in the first few months of the year, as it rewards shareholders with a maintained dividend of €0.42 apiece. The consumer goods giant, behind some of Britain’s most loved products such as Ben & Jerrys, Dove, Helmann’s and Magnum, had its turnover jump by nearly 12 per [...]
Our bitcoiners must find their voice or we will lose the platform for innovative debate October 4, 2022 Some of the most exciting developments in Bitcoin and the blockchain are happening in Europe. Venture capital firms are investing heavily in European startups with over $2bn last year alone. Bitcoin is also having an important impact on the war being fought right on the EU’s borders. Yet Europe’s voice is seldom heard. When the [...]