Twitter explores subscription model: CEO Jack Dorsey says he is considering asking users to pay for ‘aspects’ of the social network Mr Dorsey revealed the plans during a conference call with financial analysts It is unclear how much a subscription could cost or what exactly it would include Twitter’s second quarter earnings are down by 23% … Read more
Rishi Sunak has warned that the Government must ‘exercise restraint’ in future pay rises for public servants just after announcing an inflation-busting rise for 900,000 workers. The Chancellor announced a Comprehensive Spending Review (CSR) to be unveiled in the autumn that will set departmental budgets for the years to come. Departments have been told that … Read more
How we pay for consumables has diversified in recent decades, from monthly fees for mobile phone contracts to TV streaming services such as Netflix. And now you can pay a monthly subscription for an unlikely product – the tyres on your car. Tyre manufacturer Bridgestone and garage network ETB Autocentres have launched an ‘all-inclusive monthly … Read more
Chancellor announces inflation-busting pay rise for almost a million public sector workers on Covid front line but care workers will miss out Doctors, police officers and teachers are among those to receive increases Teachers and doctors see the largest boost – 3.1% and 2.8% respectively Rishi Sunak said: ‘These past months have underlined what we … Read more
Security giant G4S has been ordered to pay £44.4 million to avoid prosecution after ‘very substantially’ overcharging the Government for tagged criminals – including some who had died. The Serious Fraud Office (SFO) and G4S agreed a fine of more than £38.5 million and costs of £5.9 million after a near-decade-long probe found three counts … Read more
The family of a schoolboy stabbed to death in Westminster have paid tribute to him as police arrested two men in the ongoing murder investigation. Ahmed Yasin-Ali, 18, was found injured in Elmfield Way, Maida Vale, at around 12.30am on Wednesday, the Metropolitan Police said. Police officers gave him first aid and land and air … Read more
Security giant G4S has been ordered to pay £44.4 million to avoid prosecution after ‘very substantially’ overcharging the Government for tagged criminals – including some who had died. The Serious Fraud Office (SFO) and G4S agreed a fine of more than £38.5 million and costs of £5.9 million after a near-decade-long probe found three counts … Read more
The stark divide between the fortunes of the public and private sectors during coronavirus was underlined by new figures today. Public sector pay is surging during the crisis while private workers see their incomes plunge – and the gap is getting wider. The gulf reflects the fact that state employees have escaped the wave of … Read more
Up to three million jobs and 800,000 small and medium-sized businesses are at risk if companies cannot defer repayment on up to £46billion of Government-guaranteed loans and debt, experts warned today. Banking lobby group TheCityUK has said recapitalisation of these loans is ‘essential’ to protect SMEs and businesses will need help tackling debt which could … Read more
Goldman Sachs bankers on course for a 24% pay rise after pandemic sparks upsurge in trading and investments By Lucy White For The Daily Mail Published: 21:50 BST, 15 July 2020 | Updated: 21:50 BST, 15 July 2020 Bankers at Goldman Sachs are on course for a 24 per cent pay rise this year, despite … Read more