Grocery delivery firm Getir has said it will be leaving the UK, Europe and the US to focus on its core market in Turkey where it generates the bulk of its revenue. It comes after a long period of speculation that its UK operations were in financial trouble. The firm said only 7% of its...
Category: Bussiness
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UK’s Clarks fires woman who worked for 68 years with 2 days of notice: ‘It is a real shame, what a shock’
A woman who worked at a Clarks outlet in the United Kingdom for 68 years was fired from a her job with only two days of notice recently, it was reported. Jill Cornick said that she started working at Clarks in Blandford, Dorset, in 1956 when she was 14 years old. She worked there for...
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PwC elects Marco Amitrano as next UK and Middle East boss
Global accounting and consulting giant PwC has elected Marco Amitrano as its new boss for the UK and Middle East organisation. Taking over from Kevin Ellis on July 1, Marco Amitrano will lead a business generating £5.8 billion in revenues and with approximately 25,000 people across the United Kingdom. Amitrano also is responsible the £1.6 billion...
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British man charged with acting on behalf of Russia in plot to torch Ukrainian-linked business
LONDON — A British man accused of plotting to torch a London business connected to Ukraine has been charged with conducting hostile activity to benefit Russia, prosecutors said Friday. Dylan Earl, 20, is connected to Russia’s Wagner mercenary group, which the U.K. government has declared a banned terrorist organization, court documents said. Earl is accused...
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Chubb pinpoints top concerns for high earners in the UK
Chubb pinpoints top concerns for high earners in the UK | Insurance Business UK We use cookies to improve this site and enable full functionality. You can change your cookie settings at any time using your browser. Our cookie policy Insurance News Chubb pinpoints top concerns for high earners in the UK Building wealth continues...
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R&Q Insurance secures lock-up agreement
R&Q Insurance secures lock-up agreement | Insurance Business UK We use cookies to improve this site and enable full functionality. You can change your cookie settings at any time using your browser. Our cookie policy Insurance News R&Q Insurance secures lock-up agreement Update on pending sale includes adjusted estimated proceeds Insurance News By Terry Gangcuangco...
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Transport company fined over forklift death, United Kingdom. News story in Forkliftaction News
The court heard a seatbelt could have saved the victim’s life A transport company has been fined more than GBP85,000 (USD105,200) over the death of a 60-year-old forklift driver. Ian Dawson was killed while loading pallets onto a truck at Chorlton Express Transport in Oldham in November 2020. The truck moved forward, causing the forklift...
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Pound Sterling recovery stalls on hopes of BoE pivoting to rate cuts sooner than Fed
The Pound Sterling struggles to hold recovery, driven by the upbeat preliminary S&P Global/CIPS PMI report for April. Investors speculate that the BoE will shift to rate cuts in the June or August meeting. BoE Haskel wants to see more slack in labor demand to gain confidence that inflation will sustainably return to the 2% target....
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FTSE 100 record highs do not reflect a recovery for UK PLC – here’s why
The FTSE 100 has hit a second all-time closing high in as many days. The index of the UK’s biggest 100 listed companies, having earlier hit a new intra-day high of 8,075.52 at just after 8.24am on Tuesday, finished the session up 20.94 points, around 0.26%, at 8044.81. It’s worth reflecting it has taken just...
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Nestle adds sugar to baby food ‘only in poor nations’, not in UK & Europe
3 min read Last Updated : Apr 18 2024 | 11:28 AM IST Nestle, the world’s largest consumer goods company, has come under scrutiny following revelations by Public Eye, a Swiss investigative organisation, regarding the addition of sugar and honey to infant milk and cereal products in various countries, including India. The investigation...
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Altrad to buy Aberdeen-headquartered energy services firm Stork
Altrad, the French industrial giant, has announced it is acquiring Aberdeen-headquartered energy services firm Stork. The deal will see 1,800 workers move into the Altrad Group, 85% of which are based in north-east Scotland. It expected to close in the third quarter of this year subject to approvals. Stork is an operations and maintenance firm...
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‘Indie’ Releases Accounted for Nearly 30% of U.K. Music Consumption Last Year
Independently released songs and albums accounted for almost one-third of all music consumption in the United Kingdom last year, marking the sixth consecutive year of growth for the country’s indie sector, according to new figures from labels trade body BPI. In total, the equivalent of more than 53 million independently released albums were streamed or...