Category: News

Feb 24

Canada suffers near 40% increase in suspected digital fraud attempts

Article content Suspected digital fraud attempts in Canada shot up almost 40 per cent in 2023, the third-highest increase among 19 countries, a TransUnion study says. New data analysis from the credit reporting agency found that “five per cent of all digital transactions originating from Canada were suspected to be fraudulent.” Article content Sixty per […]
Feb 24

Leeds Building Society Trials Ban on New Holiday Let Mortgages in Tourist Hotspots

Leeds Building Society, a prominent UK lender, has embarked on a trial initiative to suspend new holiday-let mortgages in select popular tourist destinations, aiming to address concerns raised by campaigners regarding housing availability in affected areas. The move comes in response to mounting pressure regarding the proliferation of short-term holiday lets, which critics argue have […]
Feb 24

Nationwide Building Society Announces Third Round of Job Cuts Amid Restructuring Plan

Nationwide Building Society, a stalwart of the UK financial landscape, has unveiled plans for a significant restructuring effort, putting over 300 jobs at risk in its latest round of cuts within the past year. This move underscores the lender’s ongoing commitment to align its operations with evolving customer needs while streamlining internal processes. According to […]
Feb 23

Serco Ordered to Cease Facial Recognition Surveillance of Staff

Serco, a prominent outsourcing company, has been directed to halt the use of facial recognition technology in monitoring its employees after the Information Commissioner’s Office (ICO) found the practice to violate privacy rights. The ICO’s investigation revealed that Serco Leisure, along with community leisure trusts under its purview, had been unlawfully processing biometric data from […]
Feb 23

Tony’s Chocolonely Faces Legal Battle with Milka Over Copycat Campaign

In a clash of titans within the chocolate industry, Tony’s Chocolonely finds itself embroiled in a legal dispute with Milka, one of Europe’s leading chocolate manufacturers. The contention arises from Tony’s recent marketing campaign, which Milka alleges infringes upon its intellectual property rights. Tony’s Chocolonely, renowned for its ethical stance and commitment to combating child […]
Feb 23

Companies slash pay incentives for would-be recruits

The landscape of job recruitment has shifted, with companies no longer offering substantial pay increases as incentives for job changes, according to Hays, one of Britain’s largest recruiters. While significant pay raises of 20% to lure talent were once commonplace, the current environment sees more modest increases of around 5% for job changers. James Hilton, […]
Feb 23

Britishvolt factory site may go on sale again

The collapse of the Britishvolt battery factory project has left administrators still seeking payment from the Australian buyer, Recharge Industries, for the site in Cambois, Northumberland. Despite the agreement made a year ago, Recharge Industries remains in default, prompting administrators to explore alternative deals for the site. Northumberland county council has earmarked £15 million to […]