Daniel Kretinsky, the Czech billionaire poised to take over Royal Mail, has unveiled a transformative vision for the company, which includes a £400 million investment to establish a network of dropboxes and delivery lockers across the UK. This move could significantly impact tens of thousands of postal delivery jobs and the fate of the iconic […]
In a significant endorsement, Sir Patrick Vallance, the former chief scientific adviser, has voiced his support for Labour’s ambitious green energy plan, urging that the quest for net zero should be pursued with the same urgency as the Covid-19 vaccine development. Vallance, who stepped down last year, has endorsed Sir Keir Starmer’s commitment to decarbonise […]
The number of UK households where no adult has ever worked has reached a 12-year high, highlighting a deepening labour crisis that experts warn is stifling Britain’s economic growth. In the first quarter of this year, there were 269,000 non-student households where no adult had ever been employed, the highest figure since spring 2012, according […]
Jaguar Land Rover (JLR) has embarked on an extensive training programme to equip thousands of mechanics with the skills needed to service electric vehicles (EVs), addressing concerns over a skills shortage that is driving up repair costs for EV drivers. On Thursday, JLR announced that it has trained 95% of the mechanics at its affiliated […]
A London-based financial technology firm, Curve, has announced plans to introduce the first alternative to Apple Wallet, setting the stage for increased competition in the digital payments arena. Curve’s innovative system will enable users to make “tap and go” payments on their phones by downloading the Curve app and setting it as their default payment […]
The number of homes available for sale in the UK has reached its highest level in eight years, according to property search website Zoopla, which forecasts that this surge in supply will help moderate house price increases in the coming year. Zoopla’s latest analysis reveals a 20% increase in homes on the market compared to […]
Mark Dixon, the founder and chief executive of IWG, has sold a substantial stake in the serviced offices company, amounting to £68.5 million, to repay a bank loan. Despite the sale, Dixon, 64, still retains a 25.2% share in the company. Dixon disposed of 35 million shares at just under 196p each through Estorn Limited, […]
The Conservative Party has announced a bold initiative to scrap certain university courses in England, which they label as “rip-offs,” in order to fund 100,000 apprenticeships per year if they secure victory in the upcoming July election. The proposed plan targets degrees with high drop-out rates and poor job prospects, with the aim of reallocating […]
Labour’s shadow chancellor Rachel Reeves will commit to leading the “most pro-growth Treasury in our country’s history” if her party wins the election on July 4. In her first major economic speech of the campaign, Reeves will promise to “bring growth back to Britain” and ensure a pro-business and pro-worker government under Sir Keir Starmer’s […]
NatWest has issued an apology to customers following an outage that has rendered its app and online banking services inaccessible. Customers began reporting issues early Tuesday morning, with many unable to log in to their accounts via the smartphone app. Upon attempting to open the app, users were met with an error message stating, “We’re […]