Labour’s 43-page draft manifesto has been leaked in full, revealing Jeremy Corbyn is committed to a “nuclear-free world”.
Category: News Wire
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Noel Edmonds demands up to £100m compensation from his former banker
The claim is seeking £50m for the collapse of the presenter’s business as well as £10m for loss of income from motivational speaking fees, along with legal fees, interest and other damages
Snapchat parent company’s value plummets after earnings report
Snap Inc’s shares lose nearly a quarter of their value on news of $2.2bn loss and slowing growth in first quarter report, its first since its IPO in March
BT cuts 4,000 jobs
BT will put the brakes on dividend increases and cut thousands of jobs in the wake of its Italian accounting scandal and profit warning, seeking to hold onto more cash for investments, including in more broadband upgrades.
Uber should lose its licence if it doesn’t improve workers’ rights, say drivers
Minicab and black-cab drivers join GMB union in urging Transport for London to take action.
John Lewis profits take £36m hit after breaching minimum wage rules
John Lewis Partnership has been forced to restate its profits for last year to the tune of £36m after admitting that it has breached minimum wage rules.
One in four UK firms never consider recruiting apprenticeships
A quarter of UK firms have never considered recruiting an apprenticeship, despite the recent launch of a new levy to fund schemes.
Standard Life and Aberdeen Asset Management to cut 800 jobs after merger
The deal, which was announced in March, is expected to bring £200m in cost saving each year. The combined group will be called Standard Life Aberdeen.
ITV revenues fall 3% as advertising continues to shrink
Revenues at broadcaster ITV fell 3 per cent in the first three months of the year as advertising income dropped 9 per cent.
Barclays to help customers crackdown on cyberfraud
Customers will be able to switch off their card’s capacity to make online and remote purchases if their details are stolen.
Apple surpasses $800bn valuation mark – as US broker suggests it could be worth more than $1 trillion
Apple has landed a $1 trillion valuation estimate, from US broker Drexel Hamilton, as the race heats up for which company will pass the trillion dollar mark.
UK firms struggle to find employees – even before Brexit bites
Snapshot of the jobs market by Recruitment and Employment Confederation finds there are fewer people available to fill vacancies.
Banks planning to move 9,000 jobs from Britain to mainland Europe
‘It’s full speed ahead. We are in full motion with our contingency planning,’ said the head of investment banking at one global bank in London. ‘There’s no waiting.’
UK consumer spending online dips for the first time since 2013
Consumers tightened their belts in the face of rising prices running up against stalling wage growth.
British Gas owner to axe 1,500 jobs and warns against energy price caps
Centrica says jobs must go to slash costs amid warning that attempts to regulate prices could lead to higher household bills.
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