Saturday, October 26

Business

What to find out about Twitter’s new CEO, Linda Yaccarino
Business

What to find out about Twitter’s new CEO, Linda Yaccarino

NEW YORK — Elon Musk is welcoming a veteran advert government to the helm of Twitter, the social media web site the billionaire Tesla CEO had been working since he purchased it final fall. Musk introduced Friday that he’s hiring Linda Yaccarino to be the brand new CEO of San Francisco-based Twitter, which ...
UK economic system shrank 0.3% in March, ONS figures present
Business

UK economic system shrank 0.3% in March, ONS figures present

The UK economic system grew barely within the first three months of the yr, in accordance with official figures - however contracted in March. Growth of 0.1% was recorded by the Office of National Statistics (ONS) within the three months as much as March, the bottom quantity attainable to nonetheless be classed as progress as IT and building sector exercise offset the influence of strikes. However, the economic system shrank 0.3% in March as retail and automotive gross sales fell sharply, and public sector strikes had been extra disruptive than February as NHS workers and academics took to picket strains.Contraction additionally got here due to a 0.5% fall in companies manufacturing. Distribution and retail additionally had a poor month as value of residing pressures hit cust...
British businessman Lynch extradited to US weeks after shedding attraction
Business

British businessman Lynch extradited to US weeks after shedding attraction

Mike Lynch, the British software program tycoon, has been extradited to the US weeks after shedding a long-running authorized battle in opposition to the transfer.Sky News understands that Mr Lynch arrived in San Francisco on a United Airlines flight on Thursday lunchtime, paving the way in which for the previous Autonomy chief to be tried on legal prices. One supply stated a choose in California had ordered that he pay a $100m bail bond to be able to safe his launch throughout a listening to after his arrival within the US.Mr Lynch's extradition had been anticipated since he misplaced a High Court battle final month.He has discovered himself mired in litigation for years, after HP alleged that he and numerous colleagues had manipulated Autonomy's accounts to inflate its wort...
Royal Mail chief govt Simon Thompson resigns
Business

Royal Mail chief govt Simon Thompson resigns

The Royal Mail chief govt is to step down, mother or father agency International Distributions Services has introduced.As first reported by Sky News, Simon Thompson had been in talks to go away the corporate after his credibility was challenged by MPs who recalled him for questioning on the Business, Energy and Industrial Strategy (BEIS) committee. He was accused of giving "inconsistencies" in proof earlier than the committee.The firm mentioned it was in "advanced stages" of appointing a brand new chief govt and Mr Thompson will stay with the enterprise till 31 October as a part of the transition.The former state-owned firm was locked right into a bitter dispute with worker members of the Communication Workers Union (CWU) which ended final month when an settlement on pay and ...
Statutory sick pay: Campaigners name for reforms to forestall staff from being pushed into poverty
Business

Statutory sick pay: Campaigners name for reforms to forestall staff from being pushed into poverty

For all its seaside delights, Margate in Kent is without doubt one of the most disadvantaged elements of the UK. Amid the price of residing disaster, many households are struggling to make ends meet.Falling in poor health can turn out to be a headlong plunge into poverty - as Kyra Lloyd, a 25-year-old store assistant, found when she started experiencing agonising ache in her ankle and he or she was left unable to face. "I started getting some very horrible, horrible pains. My foot was completely swollen, I couldn't move."Doctors advised Kyra the metalwork holding her bones collectively since a childhood fracture had snapped - and with out surgical procedure she may find yourself completely in a wheelchair.During the lengthy look ahead to therapy she was signed off work. But s...