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Uber set to expand operations across the UK following blockbuster deal
Global ridesharing platform Uber has announced the acquisition of its biggest UK rival Autocab – a ride-booking app for independent minicab companies in cities across the country. Autocab would remain...
Foreign exchange firm Travelex agrees rescue deal but 1,300 jobs still at risk
Foreign exchange firm Travelex has announced a rescue deal – saving the firm from administration – however, up to 1,300 jobs across the UK are still at risk. Professional services...
Mark Zuckerberg becomes world’s third ‘Centibillionaire’
Facebook founder Mark Zuckerberg has seen his personal wealth rise to $100bn (approximately £78bn) after the launch of a new short-form video feature, which plans to rival Chinese social media...
Urgent action is required to close the UK’s growth capital gap says new report
Urgent action is required to close the UK’s growth capital gap, according to a report released today by Innovate Finance, the ScaleUp Institute and Deloitte The report, The Future of...
50 million facemasks bought by government will not be used by NHS due to safety concerns
50 million face masks bought by the government as part of a multi-million-pound deal in April, will not be used by NHS after major security concerns were raised about there...
WH Smith could make up to 1,500 job cuts following devastating impact on sales
National retailer WH Smith has revealed that it is considering cutting up to 1,500 jobs across the UK due to the impact the coronavirus-enforced lockdown has had sales. Financial experts...
Dixons Carphone becomes the latest retailer to announce job cuts as a result of COVID-19
Following the continued devastation the retail sector is experiencing as a result of the COVID-19 pandemic, Dixons Carphone has announced plans to cut 800 jobs. Dixons Carphone had already made...
Hays Travel set to cut almost 900 jobs
Hays Travel, the company which acquired Thomas Cook stores across the UK, has today announced that up to 878 out of 4,500 employees could lose their jobs due to the...
Pizza Express set to close 67 restaurants – putting 1,100 jobs at risk
National restaurant chain Pizza Express has today announced that they could close 67 of its restaurants, putting 1,100 jobs at risk. The food and retail sectors have been devastated by...
William Hill to close more than 100 shops despite £141m in half year profits
British betting giant William Hill has today announced that 119 of its High Street betting shops will not re-open due to the impact COVID-19 has had on on the physical...
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