Microsoft slashes open job listings as hiring slows down July 21, 2022 Microsoft is cutting several open job listings as it slows hiring amidst a gloomy economic outlook. The tech giant is expanding the hiring slowdown first announced in May and will continue this for the foreseeable future, Bloomberg reported, as a weakening economy dents confidence. Hiring will slowdown in the company’s Azure business and security software [...]
PwC ups pay for newly-qualified lawyers to £90,000 a year July 21, 2022 Big Four accounting firm PwC has upped pay for newly qualified (NQ) lawyers working in its fast-expanding UK legal business to heights of £90,000 a year. The salary hikes will see PwC match the salaries offered by top ranking law firms including London law firm Mischon de Reya, and put it ahead of major firms [...]
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 [...]
Travellers to the UK will answer ‘suitability questions’ and undergo ‘automated border screening’ in new immigration plans July 21, 2022 Travellers to the UK will need to answer a set of “suitability questions” and have “automated border screening” without speaking to border force agents as part of the Home Office’s new immigration plans. Home Secretary Priti Patel set out the plans today as part of the country’s new “contactless” digital border. The Permission to Travel [...]
Elon Musk’s Tesla sheds 75 per cent of its Bitcoin holdings as profits drop July 21, 2022 Tesla has sold 75 per cent of its Bitcoin portfolio as profits slid in the second quarter of the year. The electric automaker announced in its Q2 earnings report that it converted the Bitcoin to $936m (£782m) of cash, with its digital asset holdings now at $218m (£182.4m). Profits fell to $2.3bn (£1.9bn) from a [...]
Exclusive with Jean Paul Gaultier: ‘Straight actors should be able to play gay roles’ July 21, 2022 It’s 9.30am and Jean Paul Gaultier is relentlessly turning over last night’s performance of ABBA Voyage. It’s far too hot for coffee so we’re sitting with a pair of orange juices and Gaultier is encouraging me to get stuck into the breakfast buffet. I politely decline because there are more important things at hand: discussing [...]
Bitcoin sees pullback overnight, but continues to hold at around $23k July 21, 2022 Bitcoin’s recovery continued yesterday, with the price of the leading cryptocurrency by market capitalisation briefly leapfrogging $24k.
Moneysupermarket posts better-than-expected results due to surging demand for bank comparison services July 21, 2022 Price comparison website Moneysupermarket today said its first half performance was “ahead of expectations” after 19 per cent higher revenues saw its pre tax profits grow 20 per cent compared to last year. The website said its financial performance was boosted by returning demand from travel insurance comparison services and “exceptional” trading in its banking [...]
Trafalgar Square to host England Women’s Euro 2022 semi-final screening for 5,000 fans July 21, 2022 Trafalgar Square is to host a huge screening party for England’s Women’s Euro 2022 semi-final next week. England reached the last four with a dramatic victory over Spain in extra-time last night. They will play Sweden or Belgium on Tuesday at 8pm in a match taking place at Bramall Lane in Sheffield. But Londoners will [...]
Flexible office firm Workspace has dip in enquiries but increase in rent roll July 21, 2022 Flexible office firm Workspace suffered a dip in enquiries and a big increase in rent as many return to permanent desk jobs. The company’s average enquiries, viewings and lettings were all down in the first quarter of 2022/3 compared to the same period last year, when some pandemic restrictions were still in place. It reported [...]