The business landscape in the UK is a volatile one at the moment. The country faces a long-term recession that threatens profitability across industries. It is true that recessive periods are particularly dangerous for businesses, as falling profits often precipitate internal collapse. But it remains the case that common and widespread struggles are often the cause for business downfall; what ...
When you’re in the business of delivering goods; you know how important it is to have a strong delivery team. But what happens if you make mistakes that can ruin your delivery business? There are potential mistakes that startup owners often need to pay more attention to, especially in delivery services, to avoid catastrophic pitfalls. These mistakes can negatively impact ...
Today, remote work has become the norm for many companies across different industries. And remote working environments request new technologies that will help companies embrace more flexible working hours while working at home.Tracking and managing your remote workforce with a remote employee monitoring tool is a well-known way to increase your company’s productivity. But what tool should you choose for ...
Protests have broken out at the world’s biggest iPhone factory in the Chinese city of Zhengzhou. According to reports from Bloomberg, workers at the Foxconn Technology plant started to protest overnight over unpaid wages and fears of Covid rates.Footage has circulated online, showing hundreds of workers marching, with riot police present. Tensions have been growing in the region after lockdown started in October ...
Openreach is to limit its investment in the rollout of ultrafast fibre broadband as BT pushes forward with an intense cost-cutting scheme. The telecom giant’s networking division has contacted suppliers to say it would build the network “narrower and deeper” and tighten timeframes, according to a letter seen by the Financial Times. “This will by necessity include an element of ...
Twitter’s top advertisers are leaving the social media firm en masse, as Elon Musk’s grand plans scare away marketeers. More than a third of Twitter’s top 100 marketers have not advertised on the Elon Musk site in the last two weeks, according to analysis from the Washington Post.The analysis from Pathmatics data reckons that 14 of the top 50 advertisers ...
A senior Bank of England policymaker has suggested that he could consider voting to cut UK interest rates, if growth and inflation are weaker than expected. Sir Dave Ramsden, BoE deputy governor, says that while he expects that interest rates will need to rise higher, there are “considerable uncertainties” about the economic outlook.Giving a speech at the Bank of England ...
Made.com, the online furniture retailer, collapsed into administration owing customers £17.1 million, new documents have revealed. A report on the finances published by administrators at PwC has calculated that the company went bust owing a total of £186.6 million to unsecured creditors including about 12,000 customers and suppliers.These include Google, Facebook and the operator of the group’s Antwerp warehouse. Thurrock ...
Detectives are warning 70,000 potential victims after at least £48 million was netted by criminals operating an online fraud factory. The international scam was allegedly masterminded by a 34-year-old man living in a waterfront flat in Docklands, east London.At one point as many as 20 people a minute were being targeted by callers using the site’s technology, which enabled them ...
The first major wave of winter strikes begins today with lecturers, postal workers and teachers walking out amid the cost of living crisis. Schools in Scotland have been forced to close in the first national teachers’ strike since the 1980s.Tens of thousands of staff at 150 universities across Britain, including lecturers, have also walked out, causing disruption for students, while ...