Chancellor Rachel Reeves delivered Labour’s first Budget in 14 years, announcing £40bn of tax rises, Central London Alliance comments
Searches for ‘Cancel Amazon Prime’ skyrocket 537 per cent after company hikes UK price from £79 to £95 July 26, 2022 Following Amazon’s announcement that it is increasing the price of their Amazon Prime subscription, searches for ‘Cancel Amazon Prime’ increased 537 per cent today. Searches to cancel Amazon Prime subscriptions skyrocketed after it was announced Amazon are increasing the monthly cost of Prime from £7.99 to £8.99, the first price increase since 2014, cybersecurity firm [...]
Amazon says inflation and operating costs force e-com giant to hike price of Prime subscription for UK customers July 26, 2022 Amazon has confirmed it plans to hike the price of its Prime delivery and streaming service due to “increased inflation and operating costs”. The technology giant offers free unlimited delivery, entertainment streaming and live sport through the Prime service. It said it will increase the price of Prime from £7.99 each month to £8.99 from [...]
All eyes on Silicon Valley as Big Tech braces itself for a tense earnings week July 25, 2022 2022 has undoubtedly been a year of turbulence for tech stocks, battling major sell-offs and supply chain woes.
Government and major businesses work together to help households with cost of living July 21, 2022 The government will collaborate with leading businesses to help UK households facing the cost of living crisis, it said today. The Cost of Living Business Tsar and ex-chief of Just Eat David Buttress agreed retail deals and discounts with major businesses in the UK like Asda, Sainsbury’s, Amazon, and Vodafone as part of the Help [...]
Amazon snaps up One Medical in £2.9bn push into healthcare July 21, 2022 Amazon said it would be snapping up One Medical in a $3.49bn (£2.93bn) all-cash deal as the e-commerce giant pushes into health care.
Amazon files lawsuit against 10,000 Facebook groups as battle with fake reviews continues July 19, 2022 Amazon has filed a lawsuit against more than 10,000 Facebook groups this morning in an attempt to crack down on fake reviews.
Amazon goes on UK hiring spree as e-com giant creates 4,000 new jobs July 15, 2022 Amazon has gone on a hiring spree in the UK, creating more than 4,000 permanent jobs this year. Spread across the UK, the new jobs will include positions at the Wakefield and Knowsley new fulfilment centres, where staff pack and ship orders. Corporate and technology as well as product management and software development jobs will [...]
Amazon hopes to dodge EU fine by making changes to ‘anti-competitive’ practices July 14, 2022 Amazon has told EU antitrust regulators that it is willing to halt online-selling practices deemed as anti-competitive, in a bid to bat away two investigations. The tech titan could face a heavy fine if the investigations continue, with new EU restrictions set to target the marketing practices used by Amazon from next year. Now, the [...]
Amazon expects record sales as cash-strapped Brits turn to Prime Day for big ticket purchases July 11, 2022 Amazon is anticipated to smash sales records as cash-strapped Brits turn to the e-commerce titan for its blockbuster Prime Day. Last year, sales during the discount bonanza hit a new record, raking in $11.2bn. Now, the e-commerce giant will be hoping more discount-hungry shoppers than ever will be seeking out the best deals from Tuesday, [...]
Sign-up economy falls apart as Brits ditch costly subscriptions en masse due to fast-shrinking budgets July 7, 2022 New figures out this morning show that the growth of the “subscription economy” is stalling rapidly as living costs squeeze household budgets and people return to pre-coronavirus pandemic routines. More than a third (36%) of people say they have cancelled at least one subscription because their disposable income has fallen as interest rates and inflation [...]